March 7 2019

The California Endowment Appoints Leader in Economic Development and Small Business Finance to Board of Directors

San Diego, CA (March 7, 2019) – The state’s largest health foundation today announced the appointment of Kurt Chilcott, a recognized leader in economic development and small business finance, to its Board of Directors, effective May 15, 2019. For more than 35 years, Chilcott has led innovative successful organizations and programs in the public and non-profit sectors, and for more than 20 years has served as the Chief Executive Officer of the San Diego-headquartered CDC Small Business Finance. The  non-profit organization has experienced tremendous growth, establishing offices throughout California, Arizona and Nevada, and maintaining its rank as the top-volume CDC in the nation under Chilcott’s leadership.

“Kurt’s expertise is critical to building healthy communities,” said Zac Guevara, board chair of The Endowment. “Increasing economic investment and living-wage jobs in low-income communities are essential building blocks to improving community health.”

Chilcott has a long history of leadership in the economic development field. He currently serves on the board of the National Association of Government Guaranteed Lenders and Bank of America’s National Community Advisory Council. He is president of California Southern Small Business Development Corporation, a state-funded loan-guarantee program designed to help secure financing for small businesses and create jobs. In addition, he is a director for Neighborhood Bancorp, the holding company of Neighborhood National Bank, which provides capital to underserved communities.

Chilcott was the first co-chair of the International Economic Development Council and in 2013 received IEDCs prestigious Lifetime Achievement Award for Excellence in Economic Development. Chilcott was the last chair of the Council for Urban Economic Development (CUED), chair of the National Association of Development Companies (NADCO) and president of the California Association for Local Economic Development (CALED). He also has served on the boards of numerous local and state non-profit organizations.

Chilcott’s leadership and accomplishments have been recognized by his peers and industry leaders. He is both a Fellow Member and Honorary Life Member of the International Economic Development Council. Chilcott has received both the Golden Bear Award California’s Highest Accolade for Economic Development Leadership and the Arthur Goodman Memorial Award for commitment to underserved populations and areas. During his tenure, CDC has received the National Lender Award a record three times, most recently in 2007.

Chilcott, a San Diego resident, is an expert source for local and national media developing stories on small business financing and access to capital. He received his B.A. from Harvard and holds a Masters in Public Policy from UC Berkeley.

The California Endowment, a private, statewide health foundation, was established in 1996 to expand access to affordable, quality health care for underserved individuals and communities, and to promote fundamental improvements in the health status of all Californians. The Endowment challenges the conventional wisdom that medical settings and individual choices are solely responsible for people’s health. The Endowment believes that health happens in neighborhoods, schools, and with prevention. For more information, visit The Endowment’s Web site at



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