Teresa Heinz to Turn Over Leadership of The Heinz Endowments to Her Three Sons

[Teresa Heinz of the Heinz Endowments] announced that she will step down in October as chair of the foundation with assets of $1.6 billion. Her three sons will fill the chairman’s seat in a series of four-year rotations beginning with Andre Heinz. … The foundation for decades has been a philanthropic force in the Pittsburgh region by providing billions of dollars to fund arts institutions, environmental programs, early childhood education, services for veterans and community redevelopment.