Listening intently. Asking critical questions. And offering guidance in a way that’s transparent, proactive, and genuine. You’ll benefit from our:

What sets us apart

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Deep not-for-profit expertise

More than a century of success serving not-for-profits

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Proactive collaboration

Exceptional service and essential tools that improve governance and performance

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Tailored advisory and administrative solutions

Independent, conflict-free fiduciary investment advice in a disciplined and consistent manner

Who we serve

We’re a specialty practice dedicated to delivering insightful, strategic investment and administrative expertise to:

  • Private, independent and community foundations
  • Colleges and universities
  • K-12 independent schools
  • Human service agencies
  • Member and industry associations
  • Cultural institutions
  • Religious institutions
  • Healthcare institutions, senior centers and not-for-profit hospitals

We want to see your organization succeed. We’re here to support your goals—through long-term, sustainable growth strategies. Think of us as an extension of your team.

Dedicated to amplifying your impact

Invest with purpose.

The work you do every day demands a laser-sharp focus on achieving long-term, sustainable investment results. Your investment strategy deserves the same kind of focus. 

Consider these key questions:

  • What are your organization’s short- and long-term objectives? What role will the investment portfolio need to play in funding them?
  • How will your spending policy impact your investment portfolio?
  • What is your organization’s ability to tolerate market volatility?

Your responses will impact your portfolio’s goals, of course. But they’ll also provide some insight into your cash flow, liquidity, and capital needs.

Truist Foundations and endowments at-a-glance

100+
years

Serving the not-for-profit community

$13
billion +

Not-for profit assets under management

20+
years

Average experience of our executive team working with not-for-profits

Get in touch with an expert.

We’ve got the expertise. Let us help you amplify your organization’s impact.

Stephen M. Yarbrough

Head of Institutional Investment Management
Background and contact info

Philip Millians, CTFA

Director of Client Services
Background and contact info

Elizabeth Cabell Jennings, CFA,® CIMA,® CAIA

Regional Practice Leader – NJ, NY, VA, PA, WV
Background and contact info

Mike Hill

Regional Practice Leader – TN, KY, TX, NC, OH, FL
Background and contact info

Michael C. Sahakian

Regional Practice Leader – Greater Washington, DC, MD
Background and contact info

Armond R. Reese, CFA,® AIF, CAIA

Regional Practice Leader – GA, SC, AL
Background and contact info