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Home > About the Fed > Board of Directors & Councils > Board of Directors > Jeremy Nowak
Jeremy Nowak, president and CEO of The Reinvestment Fund, Philadelphia, is the deputy chairman of the Federal Reserve Bank of Philadelphia's board of directors.
Nowak co-founded The Reinvestment Fund (TRF) in 1985, after serving in a variety of community development and organizing positions. TRF finances neighborhood revitalization. He has also served on the Federal Reserve's Consumer Advisory Council. In 1994, Nowak received the Philadelphia Award, the city's highest civic honor. He played a key role in establishing the Community Development Financial Institutions Fund, the first federal funding for organizations like TRF. He is currently a member of the editorial board of Economic Development Quarterly. He is also the chairman of the Mastery Charter School and Alex's Lemonade Stand Foundation. He has a Ph.D. in cultural anthropology from the New School for Social Research, New York.