SAN FRANCISCO, June 8, 2012 – The Financial Women’s Association (FWA) of San Francisco has selected Barbara Morrison, Founder and President of TMC Financing, as the 2012 Financial Woman of the Year. This award recognizes Morrison for her decades of leadership and significant contributions during her career in small business financing. TMC Financing is an SBA-Certified Development Company (CDC) based in San Francisco that has specialized in providing commercial real estate financing to businesses via the SBA 504 loan program for more than 30 years. Morrison also founded Working Solutions, a nonprofit organization committed to providing microloans, coaching and education for Bay Area entrepreneurs.
“The Financial Woman of the Year Award, presented by the FWA Scholarship Fund, recognizes and applauds the role women play in the field of finance in the Bay Area,” said Erin McCune, president of FWA of San Francisco. Morrison’s selection as the 2012 award recipient will be announced at a private reception on the evening of May 31, 2012 at San Francisco restaurant Galette 88, a recipient of TMC funding.
“This award is especially meaningful to me,” exclaims Morrison. “I believe the FWA is recognizing a body of work that is particularly important today – providing access to capital for growing small businesses, and promoting job creation and economic recovery.”
Presentation of Morrison’s award will take place at The Financial Woman of the Year Luncheon to be held on October 2, 2012 at the Hyatt Regency, San Francisco. This award luncheon directly supports the FWA’s Scholarship Fund. Since 1985, the FWA Scholarship Fund has awarded over $1,750,000 in scholarship grants to more than 200 Bay Area women who show promise as future financial leaders.
“We are honored to have Barbara represent our organization as Financial Woman of the Year,” President McCune said. “For over three decades she has lived out our theme of ‘Lead. Mentor. Inspire.’ by demonstrating intense commitment to developing small businesses, supporting the local economy through job growth, guiding future leaders, and creating environments and opportunities where women can excel.”
Throughout her professional career, Morrison has earned numerous awards for her leadership and advocacy for women and small business owners, including being recognized as one of Northern California’s Real Estate Women of Influence in 2011, being named among “Women Who Make a Difference” by the SF Commission on the Status of Women, and being a recipient of the San Francisco Business Times Women in Leadership Award, the Arthur Goodman Achievement and Diversity Award from the National Association of Development companies, and a U.S. Small Business Administration Women in Business Advocate Award.
Among her many professional affiliations, Morrison serves as a member of the California Small Business Task Force of the Federal Reserve Bank of San Francisco, a Board Member of the Women’s Leadership Board of the Harvard Kennedy School, and a Board Member of the Buck Institute. She has been a member of the Financial Women’s Association (FWA) since 1996.
A former mayor of the city of Belvedere and former City Council member, Morrison has provided leadership for a number of community organizations, including the Belvedere-Tiburon Library Foundation. She currently serves as an advisory trustee for the Belvedere Community Foundation.
As the 2012 Financial Woman of the Year, Morrison joins a distinguished list of previous honorees including Katie Hall, Hall Capital Partners; Rebecca Macieira-Kaufmann, Citibank California; Janet Lamkin, Bank of America California; Leslie Tang Schilling, Union Square Investments Company; Ann Winblad, Hummer Winblad Venture Partners; and Marie Berggren, U.C. Regents.