Nonprofit Affiliate of Founders’ Impact Names Preston Pinkett III President

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Newark, NJ – Jan. 14, 2022 – (

Founders’ Impact New Enterprise, Inc. (FINE), the 501(c)(3) nonprofit affiliated with Founders’ Impact™ (a firm that specializes in small business investment), announces that Preston Pinkett III will become its first president, February 1.

“We are delighted to introduce Preston in this new position,” said Zindel Zelmanovic, Chairman of the Board of Trustees. “Preston’s commitment to developing minority entrepreneurship combined with his passion for supporting minority and low-income communities makes him uniquely qualified to lead FINE as it develops and implements its strategic plan moving forward.”

“I am excited about the opportunity to positively influence and support business founders and to help ensure business success and economic growth for local economies,” Pinkett said.

Pinkett has a broad background that includes corporate leadership, nonprofits and government. He currently leads the P3 Collective, which focuses on developing and implementing public-private partnerships; Serves as Chairman of the Geraldine R. Dodge Foundation Board of Directors; and on the boards of Montclair State University; Fund for a Better Future; Common Accent Fund University Projects and Mentor Newark. His previous experience includes demonstrated leadership in minority banking, having led Citi National Bank of New Jersey and was President of the National Bankers Association while serving on the OCC Minority Deposit Advisory Committee; Impact Investing, where he was Vice President of Social Investments Prudential and founding board member of the Global Impact Investment Network; and Community Development where he served as Senior Vice President of PNC Bank, Chemical Bank, and the New Jersey Economic Development Authority. Mr. Pinkett holds a BA from Cornell University’s School of Industrial and Labor Relations, and an MBA from The Wharton School of the University of Pennsylvania.

Founders’ Impact New Enterprise, a 501(c)(3) nonprofit affiliated with Founders’ Impact, is an SBA-licensed specialized small business investment firm focused on creating opportunity in underserved communities in the areas of Banking, FinTech and InsurTech.

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A nonprofit affiliated with the founders of Impact Names President Preston Pinkett III

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