Shared Learnings
| November 5, 2024
Spring Point Partners Founding President Catherine Murphy stepping down.
Simran Sidhu, Executive Vice President of Impact, assuming Presidency January 2025.
We are excited to share the news of an important transition in the history of Spring Point Partners, LLC. Catherine Murphy, the Founding President of Spring Point Partners, will be stepping down from her role on December 31, 2024. Simran Sidhu, currently Executive Vice President of Impact, will serve as our next President.
As the Directors of Spring Point, governance is one of our highest priorities. Over the last year, we have been planning SPP’s succession and are delighted to announce that this transition is successfully underway.
Since SPP’s inception in Philadelphia in 2017, and long before, Catherine has pioneered efforts to create and bolster social value, demonstrating measurable change through impact investments and grantmaking. With Catherine’s leadership, SPP today supports hundreds of partners across the country, championing individuals and ideas creating positive change within communities. Our team and resources have grown to create a strong backbone for our impact, allowing for a level of flexibility, comprehensiveness, and trust our partners have come to expect. The organization has embodied Catherine’s dedication for putting social and economic resources where they’re needed to realize progress. We are thrilled Catherine will continue to serve as our Senior Advisor, playing an integral role alongside our family as part of the governing body of the Berwind enterprise.
Prior to joining Spring Point, Simran served as the Executive Director of YouthBuild Philadelphia Charter School, where she saw the organization through 15 years of significant growth, including tripling its budget. Under Simran’s leadership in Philadelphia, and as president of the National Directors Council for YouthBuild USA, the organization grew to have national reach, helping more than 3,000 young adults reconnect to their education, earn their high school diplomas and successfully transition to college and career opportunities.
Simran was the first team member to join Spring Point Partners at its inception in 2017 and successfully co-launched The Hive, focused on amplifying voice, choice and opportunity for young people. In 2020, Simran was promoted to Executive Vice President of Impact in recognition of her extraordinary leadership skills and vision for a more integrated impact strategy with equity and justice as our north star. Since then, all of SPP’s impact investing, grantmaking and programming has been directed by Simran. As a former practitioner, she has continued to push us to reimagine how to approach funding for social impact and how to center our partners and communities in our work. She has served as a deep collaborator not only with us, but with the SPP team and SPP’s external partners. We are beyond excited and grateful that she will be leading Spring Point into its next chapter.
This transition comes at a stable and exciting time for SPP and we are excited about the many possibilities ahead. Quietly over the last month, Catherine and Simran have been working closely together to ensure a smooth transition process and will continue through the remainder of the year. We are delighted for what the future holds, and know we are poised under Simran’s creative and values-driven leadership to move thoughtfully and confidently into what’s next – evolving as needed to deepen and scale lasting impact.
With deepest gratitude for both Catherine and Simran as well as the entire team at SPP,
Graham, Jessica, James and Joanna Berwind
Directors, Spring Point Partners
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