Top 20 “Social Giver” Institutional Investors
Managers at large investment offices who fret over where to put millions of dollars may be associated with “Wall Street greed” more easily than the idea social responsibility or charity. But in fact, some of the largest institutional investors are also the most generous “social givers” who seek to make a positive impact to society through monetary returns.
They facilitate improvements in education, healthcare, arts and poverty relief, just to name a few. Some organizations, such as school endowments and hospital systems, perform such roles due to the nature of their business. Others support certain causes and ideals that their founders feel strongly about. Most tax-exempt private foundations, for example, are required by law to pay out at least 5 percent of their total asset value for charitable purposes.
This week, Trusted Insight is highlighting 20 notable private foundations, university endowments, hospitals, pension funds and family offices who are not only shrewd investors, but also promoters of a better world.
CIO: John-Austin Saviano
Total Assets: $1.68 billion
Organization Type: University Endowment
CIO: Nicholas A. Warren
Total Assets: $915 million
Organization Type: University Endowment
CIO: Scott Evans
Total Assets: $51.2 billion
Organization Type: Public Pension Fund
CIO: Stefan Strein
Total Assets: $7 billion
Organization Type: Healthcare System
CIO: Jennifer Paquette
Total Assets: $42.8 billion
Organization Type: Public Pension Fund
CIO: Scott Soffen
Total Assets: N/A
Organization Type: Single-Family Office
CIO: Robert J. Manilla
Total Assets: $3.6 billion
Organization Type: Private Foundation
Causes Supported: Art and Culture, Environment, Education, Health, Human Services
CIO: Andrew Sawyer
Total Assets: $13 billion
Organization Type: Public Pension Fund
CIO: Shawn Wischmeier
Total Assets: $3 billion
Organization Type: Private Foundation
Causes Supported: Arts and Cultures, Environment, Relief and Resilience, Animal Welfare, Aging Services
CIO: William Lee
Total Assets: $9.77 billion
Organization Type: Healthcare System
CIO: Allison K. Thacker
Total Assets: $5.5 billion
Organization Type: University Endowment
CIO: Geoffrey Berg
Total Assets: $29.2 billion
Organization Type: Pension Funds
CIO: John R. Jenks
Total Assets: $2 billion
Organization Type: Private Foundation
Causes Supported: Arts, Youth, Political and Economic Opportunities in California
CIO: Mark Guinney
Total Assets: N/A
Organization Type: Multi-Family Office
CIO: Dina Richard
Total Assets: $21.8 billion
Organization Type: Healthcare System
CIO: Brian Pellegrino
Total Assets: $33.8 billion
Organization Type: Corporate Pension Fund
CIO: Jonathan Hook
Total Assets: $2.13 billion
Organization Type: Private Foundation
CausUPSes Supported: Basic Human Needs and Health; Disabilities; Older Adults; Education; Veterans; Workforce Development
CIO: Debby Kuenstner
Total Assets: $1.85 billion
Organization Type: University Endowment
CIO: Anne Martin
Total Assets: $810 million
Organization Type: University Endowment
CIO: Collette Chilton
Total Assets: $2.4 billion
Organization Type: University Endowment
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