Skip to main content

Terri Ludwig 

CEO of Philanthropy, Ballmer Group

Headshot of Terri Ludwig 

Terri Ludwig is CEO of Philanthropy, Ballmer Group, shaping the organization’s funding strategy to expand economic opportunity and reduce systemic inequities in America. Working closely with the Co-Founders, Terri sets Ballmer Group’s vision and strategy, making actionable its commitment to kids and families. Since joining the organization in 2019, she has enacted a balanced approach: funding essential, direct services that invigorate communities today, alongside a steady focus on transforming systems for tomorrow. Terri has also spearheaded the organization’s growth both nationally and within Ballmer Group regions, bringing in key talent and expanding the organization’s focus areas by investing in new organizations and leaders. Terri brings to her leadership a deep understanding, coupled with a commitment to continuous learning, of how systemic inequities affect economic mobility, and she continues to strengthen and sharpen Ballmer Group’s focus on racial equity in our external grantmaking and internal processes.

Terri has devoted her career to expanding access for kids and families. In her previous role as Chief Executive Officer of Enterprise Community Partners, Terri led the organization to develop innovative public-private partnerships, advocate for transformative policy, and facilitate more than $35 billion in affordable housing and community development investments across the country. Terri also served as Chair of the Board of Enterprise Community Investment, held global executive positions at Merrill Lynch and Credit Suisse, and was the Chief Executive Officer of ACCION New York.

A nationally recognized leader, Terri has been included on the Forbes Impact 30 List of top social entrepreneurs worldwide, named as a David Rockefeller Fellow, and served as a member of the Council on Foreign Relations. She has also served on numerous executive and advisory boards, including as a presidential appointee to the U.S. Department of the Treasury CDFI Advisory Board.

She holds a Bachelor of Science in industrial psychology from the University of Illinois Urbana-Champaign and a Master of Public Administration from Harvard University’s John F. Kennedy School of Government.