Posted in: Philanthropy North Carolina- Nonprofit News Roundup 5.30.14
H. King McGlaughon Jr., a North Carolinian who was a national leader and expert in philanthropy and wealth management, died May 21 at Wake Forest Baptist Medical Center in Winston-Salem. He had been diagnosed with cancer only a few months earlier. He was 62.
McGlaughon, a lawyer and ordained Episcopal priest, had moved to Winston-Salem in March after his departure as CEO of Foundation Source, a company in Fairfield, Conn., that provides private foundations with advisory services and web-based administration and grantmaking.
Raised in Raleigh, McGlaughon was a graduate of the University of North Carolina at Chapel Hill, where he was a Morehead Scholar, and of its law school, where he served as editor in chief of The North Carolina Law Review.
Before joining Foundation Source as CEO in 2011, McGlaughon had served in Winston-Salem as senior vice president and chief philanthropic officer in the Wealth Management division at Wells Fargo, previously Wachovia.
As the head of philanthropic services at Wachovia and later Wells Fargo, which serves as the sole trustee of the Kate B. Reynolds Charitable Trust in Winston-Salem, McGlaughon oversaw one of the largest philanthropies in the state.
He previously was senior vice president and managing executive for Nonprofit and Philanthropic Services at Wachovia, also in Winston-Salem, and first vice president and director of the Center for Philanthropy and Nonprofit Management at Merrill Lynch.
He also served as a fundraiser for the Episcopal Diocese of North Carolina, and as executive vice president and professor of philanthropic studies at The American College in Bryn Mawr, Pa.
And he was a keyboardist and saxophonist for the rock band Nantucket.
“A lawyer, a banker and a priest walk into a bar,” McGlaughon once quipped. “That’s me.”