Board of Directors

Daniel Borochoff
President and Founder

Daniel Borochoff has long been a strong and independent voice for ethics and transparency in the nonprofit sector. He founded CharityWatch, a nationally acclaimed charity watchdog, in 1992 to address the need for research and analysis on charity finances, fundraising practices and governance. CharityWatch, originally named "American Institute of Philanthropy" or "AIP," provides information on wise giving to thousands of concerned individuals, foundations, and corporations. Borochoff has over 25 years of experience as a philanthropic and financial analyst. Thousands of newspapers, magazines, TV and radio stations have covered his insights into nonprofit practices. He was a founding board member of the Hearts and Minds Network and the ePhilanthropy Foundation.

During times of crisis, Borochoff has been asked by Congress to give critical and independent testimony. Borochoff testified on the charities’ response to the survivors of 9/11 in 2001 and in 2005 he testified on the charities' response in the aftermath of Hurricanes Katrina and Rita. CharityWatch's research on veterans charities’ failing performance, while wars in Iraq and Afghanistan rage on, triggered Congressional hearings in 2007 and 2008 and Borochoff was again asked by Congress to participate.

Borochoff served on two task forces of the Financial Accounting Standards Board that set accounting standards for charities. He served as an awards panelist for the Society of Professional Journalists (SPJ), Independent Sector, and the Community Arts Assistance Program for the City of Chicago. He has given speeches at national SPJ conferences. Borochoff was a speaker at the 2014 National Association of Attorneys General/NASCO Conference, and was the keynote speaker for the 2011 American Institute of CPAs Not-for-Profit Financial Executive Forum. He has an MBA from Indiana University and a BS in Accounting from Syracuse University.

Ray Lay
Secretary/Treasurer
President and Founder, Golden River, Inc.
Chicago, Illinois

James Vallone
Executive Vice President, General Auditor
JPMorgan Chase 
New York, New York

Clinton E. Berry
Director
Worldwide Procurement, PepsiCo
Somers, New York


Staff

Daniel Borochoff, President/Founder
Stephanie Kalivas, Analyst
Laurie Styron, Program Consultant
Laura Hagihara, Program Associate
Ellen Twohig, Program Assistant