Lorraine Dodero, Chair
Lorraine Dodero’s work reflects a deep commitment to advancing mission-driven organizations and strengthening the communities they serve. She currently acts as Chair of the Ohio Patrons of the Arts of the Vatican Museums and as Executive Secretary of the Northern Ohio Italian American Foundation, and is a member of the Boards of the American Heart Association (Northeast Ohio), the Catholic Community Foundation, the Gilmour Academy Foundation, the Museum of American Porcelain, and the University Hospitals Seidman Cancer Center. She is also a Trustee of the Bishop’s Circle of the Catholic Diocese of Cleveland.
Ms. Dodero is also a respected philanthropic leader. She is President and Owner of Legacy Management Company, LLC, a private investment firm where she oversees trust management and investment portfolios. She serves as Executive Director and Trustee of both the Corinne L. Dodero Foundation for the Arts and Sciences and The Sam J. Frankino Foundation, and is a member of the Tiffany Circle Society of Women Leaders in Philanthropy and United Way of Greater Cleveland Philanthropist Society.
Ms. Dodero holds a degree in Art and Business Management from Ohio Northern University. She is a native of Northeast Ohio, where she still resides in Gates Mills with her husband, Bill, and values time spent with their daughter and their three grandchildren.
“What inspired me to join The Friends of the Vatican was a deep appreciation for its role as both the spiritual center of our faith and a guardian of extraordinary history, art, and culture that belongs to the world. Supporting this mission through thoughtful philanthropy is deeply meaningful to me, and it is a privilege to stand alongside others committed to preserving these treasures and the values they represent for generations to come.”
The Endowment for Long Term Stability
Safeguarding the financial future of the Friends of the Vatican is essential to carrying out its mission long-term, and gifting to the Foundation’s Endowment is the best and most impactful way to safeguard that future. Each year, the Board of Directors takes a percentage of the investment income from the Endowment to make grants towards its mission of ensuring the preservation of Vatican City.
Gifts to the Endowment are perpetual, as the Board of Directors never draws from the corpus of the gift, but rather only uses a portion of the investment income generated to make grants while continuing to compound the fund. This ensures long-term financial stability and growth for the Friends of the Vatican.
Donating to the Foundation’s Endowment is a gift for the future, as its impact will continue to be realized forever. Investing in the Foundation’s Endowment helps to create a sustainable future for the Friends of the Vatican’s initiatives and for the preservation of Vatican.
