The Fedcap Group to Honor Carol Kellermann with the Community Impact Award at Upcoming Power of Possible Gala

New York, NY – The Fedcap Group will honor Carol Kellermann, a leading New York civic leader, at this year’s Power of Possible Gala on December 2, 2024, with the prestigious Community Impact Award. This award celebrates Carol’s exceptional contributions and unwavering dedication to addressing critical issues impacting New York City and State, fostering meaningful change that empowers individuals and strengthens communities.

We can think of no one more deserving of this award than Carol Kellermann,” said Christine McMahon, President and CEO of The Fedcap Group. “Carol’s dedication, visionary leadership, and profound influence on New York’s civic landscape have left a lasting mark. At Fedcap, we’re dedicated to helping underserved communities achieve economic mobility through dedicated staff and innovative solutions that can be scaled. Carol exemplifies our ethos of how innovative thinking, passion, and determination can drive real and transformative change. Her unwavering commitment to advancing initiatives that enhance the lives of all New Yorkers sets a high standard for civic leadership and serves as an inspiration to us all.”

“Congratulations to my very good friend, Carol Kellermann, for receiving The Fedcap Group’s Community Impact Award this year,” said U.S. Senator Charles Schumer. “I’ve known Carol throughout my whole career, and chose her to run my first campaign because of her sharped-edged ability to get things done with deep care and compassion. Carol has dedicated her life to improving communities in New York City and across the state and her tremendous impact will no doubt continue for many years to come.”

Carol Kellermann’s career exemplifies an unwavering dedication to addressing complex challenges and driving progress across the nonprofit, philanthropic, and government sectors. With decades of impactful experience, she has consistently led initiatives that enhance lives, strengthen the city’s vitality, and promote long-term stability. Her leadership has been marked by coalition-building, policy-shaping, and the creation of sustainable solutions, all reflecting her visionary and transformative approach to community advancement.

“I am delighted that Fedcap is honoring Carol Kellermann for her extraordinary dedication to transforming New York City’s civic landscape,” said Dr. Merryl H. Tisch. “Over our decades-long friendship, I have witnessed Carol’s impactful leadership and the lasting mark she has made. During my time as a Trustee on the Citizens Budget Commission, I have seen firsthand Carol’s steadfast dedication to ensuring transparent and principled government. As Chairman of the State University of New York Board of Trustees, I have observed how the ASAP program—an initiative Carol helped launch—has profoundly transformed the lives of underserved students through the power of education. Carol exemplifies the very best of civic leadership, and I am proud to celebrate her legacy.”

For more information about the Power of Possible Gala, sponsorship opportunities, or to learn about The Fedcap Group’s work, visit https://www.gala.fedcapgroup.org.

About Fedcap’s Community Impact Award

The Fedcap Group is a nonprofit organization committed to creating opportunities and improving the lives of people with barriers to economic well-being—serving more than 250,000 people annually across the globe. The Community Impact Award celebrates extraordinary companies, organizations, and individuals that embody The Fedcap Group’s “Power of Possible” philosophy. It honors leaders who turn visionary ideas into actions, transform challenges into opportunities, and bring sustainable impact to the forefront of their work. The Power of Possible Gala will bring together leaders from across industries to celebrate innovation, commitment, and the transformative power of community collaboration.

 

About Carol Kellermann

Carol Kellermann is a distinguished leader with extensive experience in nonprofit, philanthropic, and government sectors, dedicated to addressing complex challenges and driving impactful change in New York City and beyond. She served as President of the Citizens Budget Commission from 2008 to 2018, leading efforts to influence constructive change in New York’s fiscal landscape. Prior to this, Carol held key executive roles, including Executive Director & CEO of The September 11th Fund, where she oversaw the distribution of over $500 million to support those affected by the attacks. Her leadership roles have revitalized organizations such as the Alliance for Young Artists & Writers, PENCIL, Inc., and Learning Leaders, Inc. She also served as Chief of Staff to Congressman Charles E. Schumer from August 1990 to December 1992, managing a staff of 20 and providing professional oversight to the Subcommittee on Crime and Criminal Justice, House Judiciary Committee. Carol has led transformative program initiatives, such as launching the CUNY ASAP program to improve community college outcomes for low-income students. She holds a J.D. from Harvard Law School and a B.A. in Government from Harvard College, and her board memberships include prominent nonprofit entities that enhance public welfare and civic engagement.

 

Media Contact: Jim Malatras, JMalatras@Fedcap.org