Posts by George Suttles

Governance And Policy | Videos

Impact and Value-Aligned Investing - Commonfund Coffee Talk

Impact and value-aligned investing The final session in our Commonfund Coffee Talk 2023 series, foundation leaders discuss impact and values-aligned investing, a focus for many foundations and the...
Governance And Policy | Videos

Beyond DEI Toward Reparative Care - Commonfund Coffee Talk

Beyond DEI Toward Reparative Care The second session in our Commonfund Coffee Talk 2023 series, foundation leaders discuss how institutions can use their power, move beyond baseline DEI, and toward...
Investment Strategy | Insights Blog

Key Factors in Asset Allocation Decisions for Endowments

There are several broad subjects that an effective investment policy statement (IPS) should include in its contents and address clearly and specifically as they relate to an endowed institution. This...
Governance And Policy | Videos

Meeting Mission through Investments - Commonfund Coffee Talk

Meeting Mission through Investments The first session in our Commonfund Coffee Talk 2023 series, foundation leaders discuss mission-oriented investment strategies, governance, implementation, and...
Investment Strategy | Insights Blog

City of the Big Shoulders: Key Takeaways from our Chicago CIO/CFO Roundtable

For more than 50 years, Commonfund has been working with boards and investment committees to design and implement investment structures that support and maintain intergenerational equity - the...
Governance And Policy | Insights Blog

Increasing Use of OCIO Relationships Requires New Governance Considerations

More and more endowments and foundations are entering outsourced chief investment officer (OCIO) relationships as long-term mission-aligned investing becomes mired in the complexity of rapidly...
Diversity | Articles

Affirmative Action: Implications for Endowments, Foundations, and the Broader Industry

Affirmative action, a practice used since the 1960s to edge toward equity and address historical and ongoing injustice through higher education attainment, was struck down last month by the Supreme...
Governance And Policy | Insights Blog

Three Fundamental Duties of Nonprofit Boards

It is essential that trustees of endowed portfolios hold themselves accountable to a set of standards in order to maintain sound governance practices. Fiduciary duty is an important part of the...
Investment Strategy | Articles

Celebrate! 25 Years of NBOA: The Endowment Landscape

A deep dive into independent school endowment's trends FY2005-FY2022, including analysis of asset allocation, performance, spending and contributions, plus a perspective on future developments....
Investment Strategy | Insights Blog

Including Risk Management in Your Investment Policy Statement – Where to Begin

Investment policy statements usually contain a section that purports to define the institution’s risk tolerance. But they frequently only gesture in the direction of risk, without actually examining...
Governance And Policy | Insights Blog

Shaping Your Board - Key Considerations for Success

The structure of a board can help, or hamper, its effectiveness, and consideration of these matters is important to improving a board’s performance. Factors such as size, board chair, diversity and...
Governance And Policy | Insights Blog

Drafting Your Investment Policy Statement: 10 Critical Issues

Endowed institutions differ in their missions, capabilities and resources, and investment policy statements naturally mirror these differences. In that sense, there is no single ‘right’ investment...
Diversity | Videos

Rising to the Occasion | A Discussion with Three HBCU Presidents

Earlier this month we hosted our 25th Commonfund Forum in Boca Raton, Florida. In celebration and acknowledgment of Black History Month, we hosted a breakfast discussion with a distinguished group of...
Governance And Policy | Videos

Community Foundations - Challenges & Opportunities - Commonfund Coffee Talk

Community Foundations - Challenges & Opportunities
Governance And Policy | Videos

Impact and Values-Aligned Investing - Commonfund Coffee Talk

IMpact and Values-aligned investing The second session in our Commonfund Coffee Talk series focuses on the opportunities that foundations have in the impact and values-aligned investing spaces....
Governance And Policy | Videos

The State of Private and Community Foundations - Commonfund Coffee Talk

The State of Private and Community Foundations Our 2022 Commonfund Coffee Talk series kicked off with a focus on the challenges facing private and community foundations, what they are doing to...
Governance And Policy | Insights Blog

Excellent Boards Are Made, Not Born

Boards that are exemplary for their adherence to best governance practices have certain identifiable traits. But this is no accident—they have taken steps to elevate their practices and maintain them...
investment strategy | White Papers

Benchmarks for Boards

This paper attempts to serve as a guide for trustees and boards that aspire to excel, with particular emphasis on the board’s fiduciary role.
governance and policy | Reports And Surveys

2021 Commonfund-FGA Benchmarking Study of Governance in Higher Education

This Commonfund-FGA Benchmarking Study of Governance in Higher Education assesses organizational governance structure and provides peer benchmarking analysis.
Investment Strategy | Insights Blog

Endowment Management: The Business of Independent Schools

Commonfund is proud to contribute a chapter to NBOA’s new book “The Business of Independent Schools – A Leader’s Guide” – a new edition of “By the Numbers and Beyond.” This publication provides...
Governance And Policy | Articles

Strategic Planning May Be Saving the Day for Cultural Institutions

Given the disruption to “normalcy” brought on by the COVID-19 pandemic and the racial justice issues that erupted in the U.S. in 2020 and continue today, some may say it has been a time of reckoning...
Governance And Policy | Articles

Aligning Endowments & Investments with Foundation Values

Reflections from the Council on Foundations' webinar The 2020 Council on Foundations-Commonfund Study of Investment of Endowments for Private and Community Foundations (CCSF) is the field’s most...
Governance And Policy | Articles

Diversifying Foundation Boards

The call for private and community foundation boards to embrace and demonstrate diversity at the senior leadership and board level has never been more urgent. Yet, with a growing base of research...
Diversity | Insights Blog

How to Invest in Diverse Managers

A U.S. capitalist system where approximately one percent of all capital is managed by women and people of color, who make up 70 percent of the population, perpetuates and increases inequality and...
Governance And Policy | Insights Blog

What Strategic Decisions are Investment Committees Focused On?

Independent schools have been faced with fundamental shifts in their business model and have adapted to stay true to their educational missions. This year has been particularly difficult for many...
Investment Strategy | Private Equity Insights

Allocating to Illiquid Investments

Stewards of endowments have long been advised that allocating to illiquid investments is critical to achieving long-term returns. Rather than trust conventional wisdom, Commonfund conducted research...
Private Equity | Private Equity Insights

Stellex Capital Management

In celebration of Black History Month, Commonfund Institute Executive Director, George Suttles, and Commonfund Director, Nicole Melwood, interview Ray Whiteman, Managing Partner and co-Founder of...
Governance And Policy | Insights Blog

Foundation Spending Strategy – Meeting the Moment in 2020 and Beyond

This year has been incredibly difficult. One of the most contentious and turbulent presidential elections and transitions in American History. COVID-19 and the consequential social and economic...
private capital | White Papers

Foundation Spending Strategy Considerations

Commonfund has put together a list of considerations for your foundation's spending strategy.
Diversity | Spotlight

Marvin Owens, Senior Director, NAACP Economic Department

Founded in 1909 in response to the ongoing violence against Black people around the country, the NAACP (National Association for the Advancement of Colored People) is the largest and most pre-eminent...
Diversity | Spotlight

Rochelle Witharana, Chief Financial Officer, California Wellness Foundation

With nearly $1 billion in assets, The California Wellness Foundation (Cal Wellness), is one of California’s largest public health philanthropic institutions.
Governance And Policy | Insights Blog

Stewardship During This Crisis: Five Things for Boards to Consider

As the world continues to grapple with the social, economic, and public health implications of the current COVID-19 crisis, nonprofit organizations and their boards are working tirelessly to...
Responsible Investing | Articles

Intergenerational Equity and Sustainable Investing

Intergenerational equity was defined by economist James Tobin in 1974. He wrote, “The trustees of endowed institutions are the guardians of the future against the claims of the present. Their task in...
Responsible Investing | Insights Blog

DEI and Crisis Management: Staying the Course in Uncertain Times

The times we are living in are unprecedented. On March 11th, the World Health Organization (WHO) declared that the spread of COVID-19 constituted a global pandemic. Currently, in the U.S., the virus...
Diversity | Spotlight

Dimple Abichandani, Executive Director of the General Service Foundation

Dimple Abichandani is Executive Director of the General Service Foundation (“GSF”), a private grantmaking family foundation that dedicates all its resources to bringing about a more just and...
Governance And Policy | Articles

Nonprofit Board Diversity = Effective Stewardship

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...
Governance And Policy | Insights Blog

Higher Ed: Philanthropy is an Adjunct, Public Policy Deserves Tenure

In the last few months, high profile nonprofit institutions have come under intense scrutiny for ethical dilemmas pertaining to the stewardship of resources meant to support mission. This is Part...
Perspectives | Insights Blog

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

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 the common short-hand formula for institutions...
Perspectives | Insights Blog

Nonprofit Hospitals - Big Business in Nonprofit Clothing?

In the last few months, high profile nonprofit institutions have come under intense scrutiny for ethical dilemmas pertaining to the stewardship of resources meant to support mission. This is Part Two...
Diversity | Insights Blog

Museums and Cultural Institutions: To Accept or Not to Accept, That Is the Question

In the last few months, high profile nonprofit institutions have come under intense scrutiny for ethical dilemmas pertaining to the stewardship of resources meant to support mission. In a three-part...
Perspectives | Insights Blog

Donor Advised Funds: Changing the Philanthropic Landscape for Higher Education

Donor Advised Funds (DAFs) are the fastest growing giving vehicle in philanthropy. The Council on Foundations defines DAFs as: “A type of charitable giving fund that is established by a donor with an...
Responsible Investing | Insights Blog

Applying the Endowment Model to Diversity and Inclusion

Commonfund recently launched a Diversity Office, a formal, cross departmental effort focused on diversity and inclusion. The mission of the Commonfund Diversity Office is to intentionally promote and...