Episode 85: Securing Legacy Through Endowment

With George Suttles

Available March 31, 2026

In a time of constant uncertainty, planning for the future of a school community can feel like a never-ending game of whack-a-mole. Big picture strategy and mission dominate our aspirations, but it’s the day-to-day tactical decisions that carry immediate weight. George Suttles of the Commonfund Institute joins New View EDU guest host and NAIS Vice President of Strategy, Ann Snyder, to share his insights on how financial planning can seamlessly blend the aspirational and the practical, securing the future legacies of our schools through careful stewardship of resources.

Guest: George Suttles

Resources, Transcript, and Expanded Show Notes

In This Episode:

• “I'd also be remiss if I didn't, if we didn't have this conversation in the context of the times we're in, right? And so I think a lot of institutions and independent schools aren't shielded from this, are navigating uncertainty and turbulence, both persistent and emergent. And so when I say that, I mean, you know, independent schools have been trying to wrap their arms around persistent challenges that we've been having conversations about for years.” (8:11)
• “Don't make the mistake of siloing the endowment management work with the finance committee or the investment committee without including other school leadership, right? So you mentioned the advancement office, you know, the fundraising development team, they should have a strategic seat at the table, right? Because think about it, they're going to be one of, if not, they're going to be one of, if not the most important, lever or partner that you need to engage with to grow the endowment, right? Because we're going to invest this pool of capital for long-term growth and the markets are going to do what they do, but you're also going to need to equip the advancement team with information and narrative storytelling capability around what possibilities the endowment is going to create for the institution.” (20:05)
• “So when I think about endowment building sparking a culture of philanthropy, I immediately began to think about, right, it's about legacy. It's about securing the future of an institution we all care about. And that can be connected to legacy planning as it pertains to bequests and other vehicles. So I was like, right. Like if you're not having those legacy gift conversations already, that actually might be a nice entree into beginning to have them.” (36:04)

Related Episodes: 74; 57; 38; 20; 9

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