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George Suttles

Nonprofit Leaders Spotlight | Rochelle Witharana, Chief Financial Officer, California Wellness Foundation

Posted by George Suttles on May 26, 2020

Topic: Diversity | Investment Strategy | People

With nearly $1 billion in assets, The California Wellness Foundation, is one of California’s largest public health philanthropic institutions . . .

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Stewardship During This Crisis: Five Things for Boards to Consider

Posted by George Suttles on May 11, 2020

Topic: COVID-19 | Governance and Policy

As the world continues to grapple with the social, economic, and public health implications of the current COVID-19 crisis, nonprofit organizations . . .

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Intergenerational Equity and Sustainable Investing

Posted by George Suttles on Apr 24, 2020

Topic: Governance and Policy | Responsible Investing

Intergenerational equity was defined by economist James Tobin in 1974. He wrote, “The trustees of endowed institutions are the guardians of the future . . .

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Diversity, Equity, and Inclusion:
Staying the Course in Uncertain Times

Posted by George Suttles on Mar 24, 2020

Topic: COVID-19 | Diversity | Responsible Investing

The times we are living in are unprecedented. Social distancing, sheltering in place, business closures and other measures are being employed to mitigate the spread of COVID-19 to more vulnerable members of the population. Due to this pandemic, the markets are reeling, having fallen 30 percent from its peak in just a few weeks.

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Nonprofit Leaders Spotlight | Dimple Abichandani, Executive Director of GSF

Posted by George Suttles on Nov 22, 2019

Topic: Diversity | Investment Strategy | People

Dimple Abichandani is Executive Director of the General Service Foundation (“GSF”), a private grantmaking family foundation that dedicates...

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Diversity and Inclusion on Nonprofit Boards is Effective Stewardship

Posted by George Suttles on Oct 10, 2019

Topic: Diversity | Industry Knowledge

Many institutions recognize the need for diversity and inclusion on their boards and investment committees. Diverse and inclusive boards can make more effective decisions, design and deliver appropriate services and initiatives for diverse individuals and communities, and are better able to compete in an era of scarce resources when an increasing number of donors care about diversity within organizations seeking their support. Most recently...

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Higher Education: Philanthropy is an Adjunct, Sensible Public Policy Deserves Tenure

Posted by George Suttles on Jul 8, 2019

Topic: Governance and Policy

Colleges and universities are straining to identify revenue streams apart from raising tuition to sustain their business model, but these strategies, including philanthropy, cannot substitute for public policy that adequately funds the higher education system. The ethical consideration here is that flawed policy continues to

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The Case for Using the Higher Education Price Index® (HEPI) to Define Inflation for Colleges

Posted by George Suttles on Jun 24, 2019

Topic: Industry Knowledge

When calculating return targets for an endowment portfolio, a conventional piece of the equation is often the Consumer Price Index (CPI). CPI plus 5% is...

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Nonprofit Hospitals –
Big Business in Nonprofit Clothing?

Posted by George Suttles on Jun 17, 2019

Topic: Industry Knowledge

Studies have shown that some nonprofit hospitals do not act like nonprofits, especially when the economy is doing poorly. As nonprofit hospital’s finances get more challenging, they may not be willing to offer services that are less profitable but greatly needed. This is Part Two in our three-part series of thought pieces, in which the Commonfund Institute will contemplate ever evolving ethical considerations among nonprofit institutions pulled right from current events.

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Museums and Cultural Institutions

Posted by George Suttles on Jun 5, 2019

Topic: Diversity | Industry Knowledge

Recently, the Metropolitan Museum of Art announced it would no longer take donations from members of the Sackler family, the ultra-high net worth family that owns the large pharmaceutical company responsible for Oxycontin. Although public scrutiny of trustees and politically driven protests of museums are not new, a mainstream museum or cultural institution outright refusing to accept a gift that is deemed misaligned with its values is exceptional. The current socio-political climate have magnified scrutiny and increased the importance of ethical considerations of stewardship..

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