George Suttles

Director of Research, Commonfund Institute

George Suttles supports Commonfund’s educational, market research, and professional development activities as Director of Research of Commonfund Institute. He also serves as a member of the Commonfund Diversity and Inclusion Office. Prior to joining Commonfund, George was a Program Officer at the John A. Hartford Foundation, an independent, national private foundation focused on improving care for older adults. Before joining the foundation, he was a Vice President, Senior Philanthropic Relationship Manager at U.S. Trust/Bank of America. In this role he worked with private and institutional clients on issues related to best practices in strategic grantmaking.

Throughout his career, George has supported the philanthropic activities of leading nonprofit organizations, with a focus on healthcare and related missions. He is also a member of numerous nonprofit boards including Drive Change Inc., Laundromat Project, and the New York Foundation, where he serves on the investment committee. Currently, he is on the Adjunct Faculty at the New York University (NYU) School of Professional Studies, teaching classes on private and corporate philanthropy.  George received a B.A. from Wesleyan University, an M.A. in Philanthropic Studies from Indiana University Lilly Family School of Philanthropy (IUPUI) and an M.P.A. from Baruch CUNY School of Public Affairs.

Contributions

Balancing Purpose, Payout, and Permanence

Posted on August 14, 2020 by Peter F. Bird, Jr., Liz Sak, George Suttles, Nicholas A. Tedesco, Tony Macklin

“How much should we spend?” It’s an essential question for all funders, and an especially complex one for endowed private foundations. The answer of “around 5%” was never universal as foundations sought creative means of ensuring that assets would serve mission rather than the other way around. In recent times, the pressure to revisit payout has increased. Endowed foundations have… Read More

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