Board Members

Scott Carmel | Southside Capital

Scott Carmel is the founder of hedge fund Southside Capital, which invests primarily in the financial services sector. Prior to founding Southside, Scott was a managing director and portfolio manager at Hutchin Hill Capital, a New York-based hedge fund. Prior to joining Hutchin Hill, Scott was a portfolio manager at Surveyor Capital (a division of Citadel) and a Senior Analyst at Philadelphia Financial of San Francisco.

Outside of the office, Scott has a passion for helping organizations that focus on the underprivileged. In addition to chairing the board at Compass, Scott helped open a new community center at Prospect Hill Terrace, the largest low-income housing development in his hometown of Waltham, MA. Additionally, Scott and his wife Marissa have established a family fund at Dana Farber Cancer Center to support income-based assistance at the Office of Patient and Family Support, which relies entirely on directed donations for its budget. Scott co-chairs the planning committee for the annual Unmask Cancer event, a fun-filled evening to benefit Dana Farber and the Jimmy Fund.

Scott graduated cum laude from New York University’s Stern School of Business with a bachelor’s degree in Finance and Information Systems.

Tom Fry | Dietel Partners

Prior to joining Dietel Partners, Tom Fry was a Managing Director at The Draper Richards Kaplan (DRK) Foundation where he identified and supported early-stage global social entrepreneurs and engaged DRK Donors.

Prior to joining DRK, Tom was an Associate Partner at New Profit, a high-touch philanthropic funder, where he supported organizations in the firm’s portfolio by helping them refine their program and revenue models, add talent, develop organizational capacity, and scale their impact. He was also actively involved in sourcing and selecting innovative, entrepreneur-led organizations and engaging current and prospective donors. Previously, Tom served as the Director of Operations for Grassroot Soccer, leading the operational build-out for the organization in South Africa.

Before entering the non-profit arena, Tom worked for White Mountains Capital, a publicly-traded holding company that invests in the financial services sector. Tom’s role involved evaluating investment opportunities, managing diligence efforts, and working with management teams post-close to improve operations. In an earlier role, Tom consulted to Fortune 500 and private equity clients while at Mainspring, a boutique management consulting firm acquired by IBM. He also spent a number of years with the Chubb Group, a specialty insurance company.

Tom received his Master of Business Administration from the Tuck School of Business at Dartmouth and holds a Bachelor of Arts in Philosophy and Economics from Boston College.


Meaghan McCarthy

Meaghan McCarthy has spent much of her career working on affordable housing. She is currently a Loan Originator in the Rental Business Development division of MassHousing. In this position she is responsible for originating multi-family loans and cultivating new and existing borrower relationships. Prior to joining MassHousing, she served as a professional staff member on the United States Senate Appropriations Committee, serving on the Subcommittee on Transportation, Housing and Urban Development (HUD) where she was a budget and policy analyst for housing programs under the Committee’s purview. She has extensive knowledge of HUD programs, including the Section 8 tenant-based rental assistance program, Family Self-Sufficiency program, Community Development Block Grants program, Federal Housing Administration’s housing mortgage insurance programs, homeless assistance programs, and HOPE VI/Choice Neighborhoods.

In her role on the Committee, Ms. McCarthy helped re-launch and expand the HUD-Veterans Affairs Supportive Housing program to help end homelessness among veterans. She also worked with various stakeholders to create the Rental Assistance Demonstration program, which is aimed at recapitalizing and preserving public and other HUD-assisted housing.

Ms. McCarthy received a Bachelor of Arts from the University of Notre Dame in 2001 and a Masters in Business Administration with a concentration in Real Estate from Johns Hopkins University Carey Business School in 2014.


Sherry Riva, Executive Director | Compass Working Capital

Sherry is the Founder and Executive Director of Compass Working Capital (“Compass”), a nonprofit financial services organization with a mission to empower families with low income to build assets and financial capabilities as a pathway out of poverty.  Compass’s broader vision is to promote economic mobility and financial security for working poor families by influencing field-related practice and policy.  

Under Sherry's leadership, Compass has launched and expanded an innovative asset-building model for the Family Self Sufficiency (FSS) program, an employment and savings program for recipients of federal housing assistance. The first public-private model of its kind in the country, the Compass FSS model has attracted local and national attention as a scalable, housing-based model to promote financial security for working families with low income.

Sherry founded Compass after more than a decade working with various direct service organizations that served low-income women and families, including several years running a transitional shelter for women in Seattle, WA. During this time, Sherry observed first-hand the cycle of poverty that traps many families. It was through this work that Sherry was inspired to focus on asset-building as a means for families to move up and out of poverty. 

Sherry is a Draper Richards Kaplan Social Entrepreneur and a GLG Social Impact Fellow. Compass was selected by Citi Community Development as an Innovation and Impact Fund winner in 2014, and is listed on the Social Impact (S&I) 100, the first-ever, broad index of U.S. nonprofits with proven results and strong potential to scale.

Sherry received an A.B. from Princeton University, an MPP from the Kennedy School of Government at Harvard University, and a Master's in Philosophy (Ecumenics) from Trinity College Dublin.


Ann Quandt | Partners In Health

Ann is the Chief Financial Officer at Partners In Health (PIH), a $150 million international healthcare nonprofit based in Boston.  She oversees the financial and IT operations of the hospitals and health centers that PIH operates in Haiti, Africa, Peru, Russia, and Mexico.  

Prior to business school, Ann spent four years in investment banking at Lincoln International in Chicago. After graduating from Stanford’s Graduate School of Business in 2007, she continued in investment banking at Harris Williams in Boston.  She was hired by PIH in 2008, where she moved through a succession of finance-related roles before being named CFO in July 2014.

Outside of work, Ann enjoys running, tennis, date-nights with her husband Rob, and keeping track of her three children, Chase (8), Lexi (6), and Luke (4).