A major philanthropist has made a combined $600 million gift to historically Black medical schools across the nation.
A foundation affiliated with a university based in West Virginia has named a new president and ceo following a retirement.
A university system based in a Southern state has approved a commitment to a global macro hedge fund strategy.
Suzanne Bernard serves as the not-for-profit outsourced cio practice lead at Northern Trust Asset Management, where she works with foundations, endowments and other nonprofit clients. She took the time to answer five questions with FIN News.
A foundation based in the Midwest allocated to an emerging markets equity strategy with a focus on sustainability last year.
An investment manager has hired a former leader at Goldman Sachs Asset Management to serve as its new global head of alternatives.
A foundation based in the Midwest has hired a new managing investment director from the investment team at a nearby organization.
A foundation based in Chicago is looking to hire an outsourced cio provider to oversee its investment portfolio.
A foundation based in the Mid-Atlantic region is looking to add a manager to help oversee its private market portfolios.
Nonprofits stand to gain from the increases in efficiencies and profitability that AI technologies have brought large-cap companies, as long as they balance their portfolios and have a long-term view.