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Honoring Jim Nichols for His Years of Service to the CMA Foundation

Posted By Columbus Medical Association - CMA, Friday, February 6, 2026
Updated: Thursday, February 5, 2026

The Columbus Medical Association Foundation is proud to extend its appreciation to James L. Nichols for his years of service and commitment to the organization. Jim retired from his longtime role as the Board Secretary-Treasurer in 2025.

Jim was involved with the Foundation for more than 35 years, 20 as Secretary-Treasurer, and has left an enduring imprint on the organization’s governance, financial strength, and long-term vision. 

As a Board member, Jim brought exceptional discipline, expertise, and steadiness to his role as a fiduciary, helping guide the Foundation through periods of growth, transition, and increasing complexity. His commitment to thoughtful oversight and mission-aligned decision-making ensured the Foundation remained financially strong while expanding its impact across Central Ohio through our CMA Affiliates.

Jim’s board leadership was especially transformative in the area of investments and endowment management. Drawing on his deep experience as Treasurer at The Ohio State University, he was asked to lead investment efforts following the significant infusion of funds to the Columbus Medical Association from the sale of the Physicians Health Plan, an insurance plan created and funded by local physicians, in 1992. 

Over the next 25 years, Jim introduced a level of sophistication and long-term strategy that fundamentally strengthened the Foundation’s financial position. Under his stewardship, the endowment grew by more than 200%, while consistently committing 4.5% annually to support the mission and vision of the Columbus Medical Association, its affiliates, and the health of the Central Ohio community. The Foundation’s strong gifting record today is a direct reflection of the framework and discipline he put in place. We are especially grateful as he retires, that he remained engaged to ensure the sustainability of his strategically led investments.

Beyond the balance sheet, Jim was a deeply engaged board member who understood that effective governance is grounded in people. He was a clear communicator, encouraged open dialogue, and modeled this respect in board and committee discussions. His commitment to inclusion and equity shaped board practices and vendor selection. This dedication was formally recognized in 2003 with Ohio State’s Distinguished Diversity Enhancement Award, but its influence was felt most meaningfully in the culture he helped establish.

Jim’s leadership has been defined by genuine care. Care for the mission, for the Foundation’s future, and for the individuals who carry the work forward. From helping secure the Foundation’s current location to mentoring staff and fellow board members, his presence was constant, thoughtful, and generous. His nearly 35-year board commitment represents an extraordinary legacy of service, stewardship, and trust.  His legacy is one that has positioned the Foundation for continued strength and impact for generations to come.

Tags:  CMA Foundation 

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