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Sheryl M. Madden

Deputy CFO and Controller


Sheryl M. Madden is Deputy CFO and Controller for The Kresge Foundation and is responsible for strategic management of the foundation’s accounting, tax and finance functions. She joined Kresge in 2009.  Sheryl is a member of the Equity Task Force, leaning in on supporting the foundation’s Diversity, Equity, Inclusion & Justice (DEIJ) framework.

She was previously a senior manager for Plante & Moran PLLC in Ann Arbor and a technical specialist in the firm’s professional standards department. A certified public accountant, she earned a bachelor’s degree in business administration from the University of Michigan-Dearborn, where she now gives back as an alumni/student mentor.

Sheryl received the 2018 Michigan Association of Certified Public Accountants’ Women to Watch Emerging Leader award and the 2015 Crain’s Detroit Business CFO of the Year Rising Star award.

In addition to her work at the foundation, she is a member of the Inforum Center for Leadership, the Foundation Financial Officers Group (FFOG), the American Institute of Certified Public Accountants (AICPA) and the Michigan Association of Certified Public Accountants (MICPA), serving on its professional ethics committee as vice chair. Sheryl has been interviewed by the AICPA’s Journal of Accountancy on how effective leaders focus on serving others. She serves on the audit and finance committee for M-1 Rail, a $180 million light rail transit project that is a catalyst for job growth, economic vitality and improved mobility in Detroit. She is a member of Leadership Detroit Class XXXVI, a program for regional leaders that focuses on creating awareness of key issues affecting the Detroit region. In 2024 she was appointed by the Financial Accounting Standards Board (FASB), as a Not-for-Profit Advisory Committee member, a standing committee that works closely with the FASB to ensure that perspectives from the not-for-profit sector are communicated to the FASB for the development of financial accounting and reporting standards.

Photo: Douglas Schaible