Catherine B. Reynolds
Catherine B. Reynolds, a trustee since 2004, received the B.S. degree from Vanderbilt in 1979 .
She is chairman and chief executive officer of the Catherine B. Reynolds Foundation as well as chairman and chief executive officer of EduCap, Inc. She helped to create the private education loan market that provides affordable financing for millions of students to attend college, and she introduced the first asset-backed securitization structure for consumer education loans, which resulted in more than $3 billion in AAA bond offerings and a multi-billion-dollar annual capital market. Additionally, Mrs. Reynolds founded Servus Financial Corporation, a unique and innovative financial services company dedicated to providing a wide array of “private-labeled” financial products for many of America’s largest companies.
After Wells Fargo & Company acquired Servus in March
2000, the Catherine B. Reynolds Foundation was established as one of
the largest foundations in the nation. Known for her passion and belief
that education is still the best avenue to the “American Dream,” Mrs.
Reynolds devotes a substantial amount of time and resources toward this
mission. In 2004, she was featured in a Business Week cover story as
one of the fifty most philanthropic living Americans and the first self-made
woman to make their list.
She is the vice chairman of the American Academy of Achievement and has
served as the host chairman of its annual International Achievement Summit
since its inaugural gathering in Budapest, Hungary.
She has been active in community affairs, serving as a major benefactor of a number of organizations, including the National Gallery of Art, the John F. Kennedy Center for the Performing Arts, Ford’s Theatre, the Library of Congress, the Blair House Restoration Fund, Morehouse College, the D.C. College Access Program, the Black Student Fund, the Washington Metropolitan Scholars, America’s Promise, Teach for America and the Catherine B. Reynolds Foundation Fellowship on Social Entrepreneurism at Harvard University and New York University.
She, her husband, Wayne, and daughter, Megan, live in McLean, Virginia.