Urban Land Institute leader Stephen R. Quazzo, chief executive officer of Pearlmark Real Estate in Chicago, has been named chairman of the ULI Foundation. A member of the Foundation’s board of directors, Quazzo began his two-year chairmanship term July 1, 2016.

The mission of the ULI Foundation is to serve as the philanthropic source for ULI, a multi-disciplinary research and education institute with more than 38,000 members dedicated to responsible land use and building thriving, sustainable communities worldwide. The Foundation, with net assets of more than $48 million, secures endowment funds, major gifts and annual fund contributions from ULI members as well as funding from other philanthropic organizations to support the Institute’s key programs, activities and services.

As chairman, Quazzo continues the Foundation’s efforts to strengthen the connection between donor giving and ULI’s impact. “Cities around the world are grappling with many forces of change, including demographics, population shifts, economic drivers, the environment and technology. As a result, ULI’s work in community building has never been more necessary or relevant,” Quazzo said. “The Foundation’s support is integral to expanding ULI’s reach and influence. There is a direct correlation between gifts to the Institute and results achieved. I look forward to keeping the momentum going for the Foundation and for ULI.”

Quazzo, a ULI global board member, global trustee, and ULI Foundation governor, has a strong history of volunteerism with the Institute. He has served as a Trustee from 2003 to 2012 and as a former Executive Committee member from 2005 to 2009. He is currently on the ULI Foundation Board of Directors, and previously served as a member of the ULI Governance and Nominating Committee. Quazzo was active on Chicago local arrangements committees and serves on the ULI Chicago governance committee. In addition, he has been a ULI council member for over 20 years, having served on both the Industrial and Office Park Development Council and the Commercial Retail Development Council.