Bonanno and McGinness Elected Co-Chairs of Children’s Scholarship Fund

(Friday, November 5, New York) — Children’s Scholarship Fund (CSF) announced today that Matthew Bonanno and Margot McGinness have been elected co-chairs of the Board of Directors, succeeding Mike McCurry, who served as Chairman of the board since 2012 and will continue on as a board member.

“We are grateful to Mike McCurry for his steadfast leadership for more than 20 years, as a member of our board since 2000, and stepping in to fill the role of Chairman after the death of our co-founder, Ted Forstmann,” said CSF President Darla M. Romfo. “We are also honored to have Mike’s continued leadership as a board member, and excited about Margot and Matt’s commitment to take CSF to the next level, continuing the important work started by our co-founders, Ted Forstmann and John Walton.”

“I am confident that Matt and Margot will lead CSF in its essential mission of helping more children get a quality education and a better chance in life by offering their parents a choice in how they are educated,” Mike McCurry said.

Matt Bonanno has been a member of the CSF Board of Directors since 2017, and prior to that, Matt and his wife, Emily, served on our President’s Council since 2013.  He is a Managing Director at General Atlantic focused on the firm’s Capital Solutions effort. Before joining General Atlantic in 2020, Matt was a Partner at Iron Park Capital Partners, and prior to that, he spent nearly 10 years at York Capital Management, where he served as a Partner, Co-Head of North American Credit and Portfolio Manager.

Margot McGinness has served on the CSF Board of Directors since 2011, and was the chief of staff to CSF Co-Founder Ted Forstmann at Forstmann Little & Co. for nearly 15 years. There, she was an integral part of the launch of the Children’s Scholarship Fund in 1998, serving as Board Secretary until 2011. In addition, Margot managed all of Mr. Forstmann’s philanthropic and political endeavors, in particular his efforts to help disadvantaged children and expand equal educational opportunities.   

About Children’s Scholarship Fund: Founded in 1998 by the late John Walton and Ted Forstmann, Children’s Scholarship Fund (CSF) provides children of low-income families with tuition assistance in grades K-8, and supports expanding educational opportunities for all children. Since its inception, CSF and its partners have invested $934 million in scholarships for 191,500 deserving children and their families, including more than 25,000 children this school year. For more information, visit