Atlanta business and civic leader Milton H. Jones, Jr. has been elected Chair of the UNCF (United Negro College Fund) Board of Directors, becoming the first African American to hold that position.
Jones succeeds William F. Stasior, Sr., retired Chairman and CEO of Booz Allen Hamilton, who served as UNCF’s Chair for 11 years. Former Chairs of the UNCF board include: John D. Rockefeller, III; former Chairman and CEO of PepsiCo’s International Food and Beverage Division Michael H. Jordan and former Revlon President and CEO Jack Stahl.
“Since 1944, UNCF has played an integral role in changing the life trajectory for each student it has served, and l look forward to continuing that legacy,” said Milton Jones. “Our member institutions and students remain the focus of our collective efforts. As we progress each year, we will grow our organization by building upon the strong foundation laid at UNCF’s inception and strengthened throughout its history.”
“All of us at UNCF are excited to have Milton become our new Board Chair,” said UNCF President and CEO Michael L. Lomax, who has known and worked with Jones for more than four decades. “Milton brings a wealth of business knowledge and a thoughtful and collaborative leadership approach that will help us thrive and continue to drive UNCF’s and our HBUCs’ impact and growth.”
Angela Webb, founding member of Peachtree Providence Partners said, “We are incredibly proud of Milton as he assumes this role with UNCF. Milton’s life and career are a testament to his devout commitment to helping others and serving the community. We know he will do excellent things and leave a legacy that inspires others to support and revere our country’s HBCUs.”
Walter Davis, founding member of Peachtree Providence Partners said, “Milton has been an indispensable member of our team at Peachtree Providence Partners, so I am certain his time leading with UNCF will prove to be fruitful and inspiring to the young people the organization serves. I look forward to supporting Milton as he advocates for the students and institutions that change the fabric of our nation.”
In this role, Jones will work to grow the UNCF endowment, benefiting the 37 historically Black colleges and universities (HBCUs) belonging to the UNCF network of member institutions.
Prior to his election as Board Chair, Jones served as Vice Chair of the Board and Chair of the Finance Committee. He has been a member of the UNCF Board since 2005.
Jones is a founding member of Peachtree Providence Partners Holding Company, LLC. In this role, he advises and collaborates with CEOs in key sectors that include financial services, healthcare, technology, government, and higher education. For more than 32 years while at Bank of America, he held a series of senior executive positions with global responsibilities including roles reporting directly to the Chairman and CEO.
Jones is vice chairman of the Meharry Medical College Board of Trustees; treasurer and a board member of 100 Black Men of America; co-chair of the Atlanta Chapter of the National Association of Corporate Directors and serves on the advisory boards of the Metro Atlanta YMCA, Boy Scouts and the Commerce Club. He is a member of the Downtown Atlanta Rotary Club and is a member and past chairman of The Atlanta Business League and of 100 Black Men of Atlanta.