WASHINGTON, D.C. — The National Endowment for Democracy (NED) today announced that Nicola “Nikki” Bagwell has joined the organization as Chief Financial Officer. As CFO, Bagwell will lead NED’s financial strategy, accounting operations, financial reporting, budgeting, and compliance functions, while partnering with the executive team and Board to strengthen NED’s financial management, operational effectiveness, and long-term institutional resilience.
Bagwell brings more than two decades of experience in nonprofit finance, leadership, and public accounting. Most recently, she served as Assistant Vice President and Controller at the Brookings Institution, where she oversaw financial operations and helped align financial management with the institution’s strategic priorities.
Prior to joining Brookings, Bagwell spent a decade at RSM, a leading accounting and consulting firm, where she led audits for tax-exempt organizations. She brings deep expertise in audit, federal compliance, and building scalable financial operations.
“Strong financial stewardship is essential to NED’s mission. It allows us to honor the trust placed in us by Congress, maintain accountability throughout the institution, and ensure we are positioned to support courageous democracy advocates across the world,” said Damon Wilson, President and CEO of the National Endowment for Democracy. “Bagwell brings the judgment, sector expertise, and practical knowledge of NED’s operations needed to maintain strong financial stewardship across the organization.”
“It’s an honor to join an organization I have seen deliver meaningful results through responsible financial management.” said Bagwell. “I look forward to working with NED teams to build on this foundation at a critical moment for freedom and democracy worldwide.”
Bagwell holds a Bachelor of Science degree in Accountancy from Towson University in Maryland and is a licensed Certified Public Accountant (CPA).

