Foundation & Endowment Intelligences 12th Annual Foundation & Endowment Investment Awards recognizes the foundations, endowments, consultants, marketers and investment managers who stood out for their successes, achievements and contributions over the past year. Nominees will be announced in the March issue of Foundation & Endowment Money Management.
On Sunday, June 2, 2013, nominees will be honored and winners will be announced and awarded at the dinner and awards ceremony at the Four Seasons Hotel Boston.
The awards dinner and ceremony is being held in conjunction with Institutional Investor Institutes Endowments & Foundations Roundtable, being held June 3 - 5 at the Four Seasons Hotel Boston.
Award Categories:
2011 Award Categories
Awards Criteria
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Burton Sonenstein, the recently retired CIO of the Baltimore, Md.-based Annie E. Casey Foundation, has worn many hats throughout his 30-year career. He’s been a consultant, university administrator and entrepreneur. Sonenstein brought all of his experience and more to bear in shepherding the $6 billion Annie E. Casey Foundation’s investment...
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The F&E Leader of the Year award recognizes outstanding members of the community who during the past year have expanded their roles beyond more traditional boundaries to become educators, mentors and influencers in the industry. This year’s leaders have questioned and shaken up the traditional business of endowment and foundation...
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Nominees for the Foundation & Endowment categories are exemplars of the best-run foundations and endowments. They have been innovative and successful in meeting their performance, fund raising and management goals, in their risk management strategies, and in their use of managers/consultants. Small F&E candidates have less than $500 million under...
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Nominees for the Foundation & Endowment categories are exemplars of the best-run foundations and endowments. They have been innovative and successful in meeting their performance, fund raising and management goals, in their risk management strategies, and in their use of managers/consultants. Small F&E candidates have less than $500 million under...
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Nominees for the Foundation & Endowment categories are exemplars of the best-run foundations and endowments. They have been innovative and successful in meeting their performance, fund raising and management goals, in their risk management strategies, and in their use of managers/consultants. Small F&E candidates have less than $500 million under...
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Consultant of the Year nominees have a substantial base of foundation and endowment clients and a thorough understanding of the industry and their clients’ needs. They are open-minded and innovative thought-leaders, with track records of providing astute manager selection advice and helping their clients achieve strong returns.
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Nominees for this award are firms that serve as an outsourced-CIO to foundations and endowments. Nominees have implemented innovative investment strategies and have delivered impressive overall performance and client service while effectively managing risk.
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Nominated Marketers have won a substantial amount of new business from foundation and endowment clients over the past year, are known for attentive client service, strong knowledge of their firm’s investment strategies and their clients’ needs, and have a good reputation among foundations and endowments.
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Nominees for the Manager categories have delivered innovative investment strategies to foundations and endowments, achieved impressive overall performance on their returns or payout or clients and have increased their assets under management from E&F clients over the past year. Private Equity and Real Asset nominees can be single or multi-funds....
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Nominees for the Manager categories have delivered innovative investment strategies to foundations and endowments, achieved impressive overall performance on their returns or payout or clients and have increased their assets under management from E&F clients over the past year. Private Equity and Real Asset nominees can be single or multi-funds....
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Nominees for the Manager categories have delivered innovative investment strategies to foundations and endowments, achieved impressive overall performance on their returns or payout or clients and have increased their assets under management from E&F clients over the past year. Private Equity and Real Asset nominees can be single or multi-funds....
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Nominees for the Manager categories have delivered innovative investment strategies to foundations and endowments, achieved impressive overall performance on their returns or payout or clients and have increased their assets under management from E&F clients over the past year. Private Equity and Real Asset nominees can be single or multi-funds....
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Nominees for the Manager categories have delivered innovative investment strategies to foundations and endowments, achieved impressive overall performance on their returns or payout or clients and have increased their assets under management from E&F clients over the past year. Private Equity and Real Asset nominees can be single or multi-funds....
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Lifetime Achievement Award Foundation & Endowments Lifetime Achievement award is presented annually to an individual who, over the course of his or her career, has been a driving force behind positive changes in the E&F investment industry. Peers nominate these individuals based on their professional accomplishments as well as contributions to the advancement of the industry as a whole. Past winners include Laurance "Laurie" Hoagland, cio, The William & Flora Hewlett Foundation; Bruce Madding, Henry J. Kaiser Family Foundation and Edward Hunia, Kresge Foundation.
F&E Leader of the Year Award
The F&E Leader of the Year award recognizes outstanding members of the community who during the past year have expanded their roles beyond more traditional boundaries to become educators, mentors and influencers in the industry. This years leaders have questioned and shaken up the traditional business of endowment and foundation investing, have developed products or strategies that have pushed the industry forward and taken a visible role in mentoring or educating the industrys future leaders.
FOUNDATION & ENDOWMENT AWARDS CATEGORIES
- Small Foundation or Endowment of the Year
- Mid-Sized Foundation or Endowment of the Year
- Large Foundation or Endowment of the Year
Awards Criteria: Nominees for the Foundation & Endowment categories are exemplars of the best-run foundations and endowments. They have been innovative and successful in meeting their performance, fund raising and management goals, in their risk management strategies, and in their use of managers/consultants. Small F&E candidates have less than $500 million under management. Mid-Sized candidates will have between $500 million and $1 billion under management. Large F&E candidates will have $1 billion + in AUM.
MANAGER AWARD CATEGORIES:
- Equity Manager of the Year
- Fixed Income Manager of the Year
- Real Assets Manager of the Year
- Hedge Fund Manager of the Year
- Private Equity Manager of the Year
Award Criteria: Nominees for the Manager categories have delivered innovative investment strategies to foundations and endowments, achieved impressive overall performance on their returns or payout or clients and have increased their assets under management from E&F clients over the past year. Private Equity and Real Asset nominees can be single or multi-funds. Emerging managers should have less than $3B in AUM.
Outsourced CIO of the Year: Nominees for this award are firms that serve as an outsourced-CIO to foundations and endowments. Nominees have implemented innovative investment strategies and have delivered impressive overall performance and client service while effectively managing risk.
INDIVIDUAL AWARD CATEGORIES:
Marketer of the Year Award Criteria: Nominated Marketers have won a substantial amount of new business from foundation and endowment clients over the past year, are known for attentive client service, strong knowledge of their firm's investment strategies and their clients' needs, and have a good reputation among foundations and endowments.
Consultant of the Year Award Criteria: Consultant of the Year nominees have a substantial base of foundation and endowment clients and a thorough understanding of the industry and their clients' needs. They are open-minded and innovative thought-leaders, with track records of providing astute manager selection advice and helping their clients achieve strong returns.
Rising Stars of Foundations & Endowments
The Rising Stars of Foundations & Endowments are up-and-comers whose accomplishments in, and contributions to their firms and\or to the industry make them standout among their peers and position them as future leaders. Stars may hold any position in any type of firm, and should meet some or all of the following criteria:
~ Leadership in their profession, firm and/or industry
~ Outstanding contributions to innovations, product development, client service, sales and/ or growth in assets or returns.
~ Formal recognition by their firm and/or industry groups
~ Active contributor to the broader foundation & endowment community
~ Has spent fewer than 10 years working in the foundation & endowment market
~ Exhibits other quantifiable contributions to their profession, firm, clients and/or industry
2011 Award Winners
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Laurance Hoagland has had a major role in guiding the investments of two of the largest nonprofits on the West Coast for the past 20 years as the captain of Stanford Management Company and The William & Flora Hewlett Foundation.
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The University of Texas Investment Management Company and Virginia Tech Foundation won accolades at FEI’s annual awards ceremony on Sept. 18 when they were named Large Nonprofit and Midsize Nonprofit of the year, respectively.
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Prosperity Capital Management has attracted endowments and foundations to its Russian strategies with solid performance.
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EnCap Investments, a major player in the private equity energy sector, has proven popular with nonprofits.
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Jeffrey Gundlach’s new firm, DoubleLine Capital, takes this year’s honors by outshining two of the best bond managers in the business.
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The $600 million Virginia Tech Foundation, led by Investment Manager Daniel Ward, has made a series of tactical plays over the past year far more progressive than many of its larger peers.
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The University of Texas Investment Management Company gets this year’s gold star for its audacious investment in the precious yellow metal.
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Elizabethtown College doesn’t act like a stereotypical small nonprofit, outshining small and large peers alike in its skill and bravado
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Third Point, the hedge fund firm run by Daniel Loeb, stood out from the pack by charting a new course that garnered solid returns. Once known for Loeb’s acerbic activist letters, the firm has morphed into an event-driven shop with solid returns and $7.9 billion in assets as of July...
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Since 2010, Fund Evaluation Group’s Nolan Bean has helped the firm move to a risk-based investment model, landing an appointment to FEG’s investment policy committee and several nonprofits as clients.
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Morgan Creek Capital Management has been on a tear this past year, picking up new accounts for its outsourced cio stable.
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Jeff Muehlethaler, the sole executive tasked with raising assets from nonprofits at PIMCO, hauled in $2.5 billion from endowments and foundations in 2010, and thus far has raised roughly $2 billion in 2011.
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Cerberus Capital Management has pared back its fund sizes and shifted its management style to earn solid returns over the past year.
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Rising Stars of Foundations & Endowments
Every year, as FEMM scouts the market for nominees for its Foundation & Endowment Investment Awards, it also seeks out up-and-comers who are making significant progress. This year, FEMM, with the industrys help, has identified 13 self-starters who have made great strides to further the development of their company or institution and made a difference in the industry as a whole. The following individuals were nominated by their mentors, peers and others in the industry, with additional research and determination of the final list made by FEMM based on meeting all or some of the following criteria:
- Leadership in profession, firm and/or industry;
- Outstanding contributions to innovations, product development, client service, sales and/or growth in assets or returns;
- Recognition by the firm and/or industry groups;
- Active contribution to the broader foundation & endowment investing community;
- Spending fewer than 10 years working in the foundation & endowment market;
- Other quantifiable contributions to profession, firm, clients and/or industry.
- Matthew Adams, Manager, Investment Department, Rotary International
- John Barker, Investment Director, The Kresge Foundation
- David Chapman, Director, Risk Management, Catholic Healthcare Investment Management Company (CHIMCO)
- Jeffer Choudhry, Investment Officer, Museum of Modern Art Endowment
- Jeffrey Ferraro, Investment Analyst, USI Consulting Group
- Dayna Goodwin, Senior Asset Allocation Strategist, Roubini Global Economics
- Lauren Jacobson, Associate Director, Rockefeller Foundation
- Erin Layton, Manager of Investment Operations, The Annie E. Casey Foundation
- Lauren Mathias, Investment Consultant, Callan Associates
- Apurva Mehta, Director of Investments,Cook Childrens Health Care System
- Vanessa Melendez, Senior Investment Officer, The Metropolitan Museum of Art
- Jena Michels, Investment Analyst, Catholic Healthcare Investment Management Company (CHIMCO)
- Michael Reist, CIO, Phillips Academy
Full profiles were published on March 28 and in FEMMs April print issue.
Venue
Four Seasons Hotel Boston
200 Boylston Street
Boston, Massachusetts 02116
http://www.fourseasons.com/boston/
+1 (617) 338-4400
Evening Agenda Cocktail Reception: 6:00- 7:00pm
Dinner & Awards Ceremony: 7:00 - 9:30pm
Dress Code
Business/Cocktail
Hotel Accommodations:
While the Four Seasons Hotel Boston is the most convenient place to stay for the awards dinner, there are many other hotels within walking distance. Following are a few reputable options.
Revere Hotel Boston Common
200 Stuart Street
Boston, MA 02116
tel: 1-855-673-8373
http://www.reverehotel.com/
Distance: 0.1 miles
Taj Boston
15 Arlington Street
Boston, MA 02116
tel: 1-877-482-5267
http://www.tajhotels.com/Luxury/City-Hotels/Taj-Boston-Boston/Overview.html
Distance: 0.1 miles
Boston Park Plaza Hotel & Towers
50 Park Plaza At Arlington Street
Boston, MA 02116
tel: 1-800-225-2008
http://www.bostonparkplaza.com/
Distance: 0.2 miles
Milner Hotel Boston
78 Charles Street South
Boston, MA 02116-5430
tel: 1-877-MILNERS
http://boston.milner-hotels.com/
Distance: 0.2 miles
W Boston
100 Stuart Street
Boston, MA 02116
tel: 1-617-261-8700
http://www.starwoodhotels.com/whotels/property/overview/index.html?propertyID=1787
Distance: 0.2 miles
The Ritz-Carlton, Boston Common
10 Avery Street
Boston, MA 02111
tel: 1-617-574-7100
http://www.ritzcarlton.com/en/Properties/BostonCommon/Default.htm
Distance: 0.3 miles
Loews Boston Back Bay Hotel
350 Stuart Street
Boston, MA 02116
tel: 1-855-495-6397
http://www.loewshotels.com/Boston-Back-Bay-Hotel
Distance: 0.3 miles
Hyatt Regency Boston
1 Avenue De Lafayette
Boston, MA 02111
tel: 1-617-912-1234
http://www.regencyboston.hyatt.com/hyatt/hotels-regencyboston/index.jsp?null
Distance: 0.4 miles
If you are attending the awards dinner and have special dietary requirements, please email them to myesenosky@institutionalinvestor.com no later than May 20. Since advanced registration is required to attend the dinner and ceremony, a print invitation is not necessary the night of the event.
Investors and consultants are invited to attend the awards dinner as guests of awards sponsors. For more information or to confirm your attendance for this year's awards, please contact:
Katarina Racek Storfer, 212-224-3073, kstorfer@institutionalinvestor.com
The annual High Water Women Backpack Drive helps thousands of children start the school year ready to learn. In 2012, we provided 8500 children in need with fully-supplied backpacks made possible by hundreds of donors and volunteers. In 2013, our goal is to provide backpacks to
10,000 children, many who are homeless and in foster care.
The Backpack Drive begins in April with fundraising outreach to dozens of individuals and corporate sponsors and culminates with backpack assembly events and distribution of backpacks to our program partners in August. Please make your donation today.
Donate now
Learn more about the Backpack Drive by watching this short video. Watch now
It costs only $20 for each backpack filled with supplies including notebooks, folders, paper, markers, pens, pencils, pencil cases, dictionaries, scissors, erasers, and much more. With your support, we will fill all the requests for backpacks from our nonprofit partners who provide services to some of the neediest children in the New York metro area: Child Center of New York, Children's Storefront, DreamYard, Good Shepherd Services, Inwood House, Iris House, the Jubilee Center, Hoboken NJ, Newark Now, Partnership with Children, Inpirica, CT, The After School Corporation, The TEAK Fellowship, Women in Need, Young Women's Leadership Network, Jewish Childcare, The Children's Learning Center CT, Friends of the Children. We have also been providing backpacks to the children of Cambridge Family Services with generous donations from our Boston area supporters.
Since beginning the drive in 2005, HWW has provided backpacks to more than 43,000 area school children.
The High Water Women Foundation has been designated a 501(c) (3) organization by the Internal Revenue Service, which means that all contributions are tax deductible to the extent permitted by law.
Congratulations to all of Institutional Investors 2013 Award Winners.
For information on attending or sponsoring the 2013 awards dinner, please contact:
Mark Lee, mlee@institutionalinvestor.com, 212-224-3140,
Doug Campbell, dcampbell@institutionalinvestor.com, 212-224-3299,
Mike Feinberg, mfeinberg@institutionalinvestor.com, 212-224-3320,
Joy DeSanto, jdesanto@institutionalinvestor.com, 212-224-3348
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