2024 Endowment Leadership Series (Recordings)

Terri Albertson is the vice president for finance and administration at Ursinus College. She was previously with Philadelphia College of Osteopathic Medicine and Haverford College. She has spent over 25 years in public accounting at national firms with an industry focus on colleges and universities, healthcare entities, and not-for-profit organizations. She is the current chair of NACUBO's accounting principles council and is a graduate of NACUBO's Fellows program. She is a member of the board of trustees of Salus University and is on the audit and compliance committee and the finance committee.

A graduate of Carroll University in Wisconsin and a certified public accountant (CPA), Diane Hoehnke has been working in the non-profit sector for over 30 years. Although in the role of vice president for 2 years, Hoehnke has been at Wisconsin Lutheran College for 25 years.

Ron Hromisin has been with Misericordia University since July 1994, joining Misericordia after six years in public accounting and two years in the private sector. As Misericordia’s associate vice president of finance, he oversees the day-to-day fiscal operations and investment funds of the university. Hromisin is also a representative on the university’s audit, finance, and investment committees and is a trustee of the university’s pension plans.

Hromisin graduated from King’s College with BS degrees in accounting and computers and information systems. He obtained his certified public accountant license from Pennsylvania and later an MS degree in finance from King’s College.

Charmel Maynard serves as the University of Miami's chief investment officer and treasurer. In this capacity, he leads the university’s efforts to invest assets, including endowment and pension funds. Maynard is also responsible for the university’s capital structure, including liquidity and debt issuances. Additionally, he manages treasury and cash management.

Maynard was previously a vice president with J.P. Morgan’s Investment Bank in New York City. During his 10-year career with J.P. Morgan, he focused on investment banking debt capital markets and leveraged finance, where he advised clients on capital structure solutions, deal structuring, and execution of syndicated revolving credit facilities, institutional term loans, and bond issuances.

Maynard holds a bachelor’s degree in political science from Amherst College.

Nicole Tirella, senior vice president, chief financial officer, and treasurer for Boston University oversees the financial operations including accounting and financial reporting, debt and treasury functions, research financial operations, risk management, sourcing and procurement, and internal audit. She is a certified public accountant and an active member of NACUBO's accounting principles council. She spent over seven years as an auditor for KPMG, specializing in higher education and not-for-profit entities. Before coming to Boston University, she was the associate controller at the University of Massachusetts within the president’s office where she led the compilation of the university system’s consolidated financial statements.

Ken Souza joined the USF Foundation in December of 2008. He had previously worked for the asset management arm of Fidelity Investments and in insurance portfolio investing for New York Life. As the Foundation’s senior director of investments, he oversees over $800 million in endowment and operating pool assets. This role includes leading investment initiatives, coordinating research with the Foundation’s investment consultant, conducting due diligence on current and prospective managers, and reporting to the Foundation’s investment committee.

Souza graduated from Merrimack College in 2000 and obtained an MBA from Suffolk University in 2005. Souza is also a certified treasury professional. Souza also serves on the advisory board for the Merrill Lynch Wealth Management Center and the Student Managed Investment Fund in the USF Muma College of Business and is a board member on the Tampa Bay History Center Foundation.

Stephanie Hughes is a senior reporter for the national radio show Marketplace, where she reports on business and economics, with a focus on education. She’s covered stories ranging from the effectiveness of technology used by schools to prevent violence to why theater majors are getting jobs writing for chatbots. Previously, Hughes worked as a producer for Bloomberg and before that at WYPR, the NPR affiliate in Baltimore, where she helped produce a year-long, multi-platform series on race, wealth, and poverty, which won a duPont-Columbia Award. Her work has also appeared in The New York Times, on NPR, and in Salon. She lives in Baltimore.

James Bell, CFA, is a senior consultant and the director of hedge funds. Bell has been with Crewcial since 2008 and has over 20 years of investment experience. Bell helps provide the firm's clients with advice on asset allocation, manager selection, and performance evaluation/attribution. Bell also helps lead the firm's hedge-fund research efforts and has conducted manager research across all major asset classes, including US and international equity, credit, and private equity. Prior to joining Crewcial, Bell worked for Muirfield Capital, where he focused on hedge-fund sourcing and diligence for its fund-of-hedge-funds products.

Bell holds a BA in economics from The University of Chicago.

Rick Cole has more than 25 years of experience serving nonprofit organizations. He is the New York Market Industry Leader for nonprofit and education and is a member of the FORVIS higher education center of excellence. Before joining the firm in 2019, he worked at FASB, where he served as a supervising project manager for almost six years. Prior to joining FASB, Cole was vice president and controller at a large national museum in New York for seven years and a senior manager with a large international accounting firm where he worked for 14 years and specialized in audits of higher education institutions and other nonprofit organizations. He is a lecturer at the Columbia University School of Professional Studies, in their nonprofit management program.

Cole is a CPA in New York and New Jersey and is a member of the AICPA and New York State Society of Certified Public Accountants. He is a graduate of Montclair State University, with a BS degree and an MBA degree.

Charlie Georgalas, managing director at Crewcial Partners, LLC. Georgalas provides the firm’s clients with advice on asset allocation, manager selection, and performance evaluation/attribution, and he is an integral part of Crewcial’s research process. Georgalas has been with Crewcial (formerly known as Colonial Consulting) for 27 years and has 36 years of investment experience. He is currently the lead consultant for 24 of Crewcial’s clients and is one of the largest equity owners of Crewcial.

After completing his bachelor’s of science in management from SUNY Binghamton, Georgalas worked for The Bank of New York for over eight years. Georgalas rose through the ranks and focused on portfolio management for high-net-worth individuals for over six years, while also contributing to the bank’s research efforts by following the paper/forest products industry. Immediately prior to joining Crewcial, Georgalas worked for Kidder Peabody – Paine Webber, where he performed investment manager due diligence from 1993 to 1996.

Georgalas received his MBA from Fordham University and holds the CFA designation.

Sam Hodas serves as managing director, head of enterprise ESG strategy, at Nuveen, TIAA’s asset management arm. There he is responsible for ESG client and product go-to market strategy across US markets. In addition, Hodas helps lead governance, coordination, and strategy for operational ESG activities across both TIAA and Nuveen.

Prior to joining Nuveen, Hodas was a senior director on TIAA’s federal government relations team where he was responsible for outreach, policy, and advocacy on matters relating to Nuveen and TIAA Bank with policymakers in Washington, DC. Hodas’s early years in DC were spent toiling in the halls of Congress, working as a staffer to three different lawmakers. Working at TIAA and Nuveen holds special meaning for Hodas as the son and grandson of retired educators and TIAA participants.

Hodas earned his bachelor’s of arts degree in history and economics from Franklin and Marshall College. He currently lives in Washington, DC with his wife, two sons, and a very jazzy cat. When not at work, you can often find Hodas on the golf course.

William Jarvis is managing director and philanthropic executive at Bank of America Private Bank, where he heads strategic-thought leadership for institutional and private nonprofit organizations. An authority on investment policy and governance for endowed nonprofit organizations, Jarvis brings 41 years of experience to this role. Jarvis is the managing editor of the Bank of America Study of Philanthropy and the author of numerous white papers on investment policy and endowment governance.

Prior to joining Bank of America in 2017, Jarvis served as the executive director of the Commonfund Institute. In 2021, Jarvis was honored with NACUBO’s Rodney H. Adams Endowment Management Award for outstanding individual contributions to professional development activities in the area of college and university endowment and investment management.

Jarvis holds a B.A. in English literature from Yale University, a J.D. from the Northwestern University School of Law, and an M.B.A. from the J.L. Kellogg Graduate School of Management. Jarvis does not provide legal advice in his role at Bank of America.

Roberta Lobo is a director in the responsible investing team at Nuveen. As part of her ESG integration work, Lobo is supporting teams across public and private asset classes to incorporate material ESG factors into investment decision making processes via proprietary frameworks, ratings, and data. Her prior ESG strategy work includes leading TIAA ESG engagement programs, supporting client engagement efforts, and executing sustainable business goals.

Previously, Lobo spent six years at Bank of America Securities in public finance investment banking focused on structuring green and social bond transactions for municipal issuers in the affordable housing, student loan, public power, and state revolving fund sectors.

Lobo has a BA in economics and political science from the University of Chicago and holds Series 7, 52, and 63 licenses.

George Suttles leads Commonfund’s educational-thought partnership and professional development activities as executive director of Commonfund Institute. He serves on multiple advisory boards and steering committees, including Intentional Endowments Network’s (IEN) steering committee which provides strategic guidance to the network and chairs the steering committee for the Impact Finance Center’s Diverse Manager Initiative.

Prior to joining Commonfund, Suttles was a program officer at the John A. Hartford Foundation. Before joining the foundation, he was a vice president, senior philanthropic relationship manager at U.S. Trust/Bank of America. In this role he worked with private and institutional clients on issues related to best practices in governance and strategic grantmaking. Currently, he is adjunct faculty at the New York University (NYU) School of Professional Studies, teaching classes on private and corporate philanthropy.

Suttles received a BA from Wesleyan University, an MA in philanthropic studies from Indiana University Lilly Family School of Philanthropy (IUPUI) and an MPA from Baruch CUNY Marxe School of Public and International Affairs. Suttles is currently pursuing a doctorate in education (EdD) at New York University Steinhardt School of Culture, Education, and Human Development. 

Timothy T. Yates, Jr. heads Commonfund OCIO and is responsible for managing all aspects of Commonfund OCIO's business, which focuses exclusively on non-profit institutions. In this role, he leads a team of professionals that advise, implement, and monitor custom investment solutions for institutions with total assets under management of more than $15 billion. Yates is a member of the Commonfund OCIO Executive Group and serves on both the Commonfund Asset Allocation and Operating Committees.

Yates joined Commonfund as an associate in the CF Private Equity Associate Program. In 2003, he was a founding member of Commonfund's OCIO platform, where he was responsible for the design, tailoring, and implementation of total portfolio solutions. Additionally, he held several roles with CF Private Equity including having responsibility for custom accounts and serving as a senior member of the firm’s emerging markets private equity portfolio leadership team with a focus on Latin America.

Before joining Commonfund, Yates was an instructor of Spanish and Italian at Fordham Preparatory School in the Bronx, NY. He holds an MBA in finance with a designation in international business from Fordham University and a BA in modern languages from Trinity College. Yates is a member of the investment committee for St. Paul’s Church in Fairfield, CT, the Advisory Board of Girls Who Invest, a member of the Trinity College Board of Fellows, and the Board of Directors of Caroline House—a non-profit in Bridgeport, CT, focused on enabling women and children to reach the fullness of their potential through education in English language and life skills.

Liz LaPolt Clark is vice president for policy and research at NACUBO and a member of the NACUBO executive leadership group. She has been widely quoted in the press and is a sought-after speaker on how Washington politics and federal policies impact higher education. Clark got her start on Capitol Hill opening Cornell University's first Washington, DC-based federal relations office. Also in her career, she has led federal affairs for the State University of New York (SUNY) System and for Oregon State University. At NACUBO, she heads the team responsible for analysis of federal regulatory and legislative actions, research, and communications.

Sue Menditto is NACUBO’s expert on financial accounting and reporting, managerial analysis, and financial viability. She is charged with fulfilling higher education advocacy needs with the GASB, FASB, AICPA, and Department of Education. She was appointed to the IPEDS Finance Survey Workgroup in August 2023 as one of its financial reporting experts. She has also represented higher education on the Governmental Accounting Standards Advisory Council (2006–2012), AICPA’s Revenue Recognition Task Force (2016–2017), and the Department of Education’s financial responsibility subcommittee (2017–2018).

Menditto informs the association’s research efforts on accounting issues, endowment management, and tuition discounting; writes member communications: news, advisories, accounting tutorials, and articles; and supports members’ professional development needs by providing subject matter guidance. She has also co-authored chapters of publications addressing accounting, public health, and analytics and regularly speaks on accounting and financial management topics at conferences.

Menditto began her career in public accounting, was a CFO and Controller for a not-for-profit organization, and a vice president for Bank of America where she specialized in change management and accounting policy. She holds degrees in psychology and accounting and is a certified public accountant.  

Kenneth E. Redd is senior director, research and policy analysis for NACUBO. At NACUBO, Redd directs the annual NACUBO-TIAA Study of Endowments, the NACUBO Tuition Discounting Study, and other studies on higher education finance issues.

In addition to his work at NACUBO, Redd also serves on the board of trustees for the Meadville Lombard School of Theology in Chicago, IL, and is a member of the board of directors for the Unitarian Universalist Common Endowment Fund (UUCEF) and the Association for the Study of Higher Education (ASHE).

Redd has a master’s degree in public affairs from the Hubert H. Humphrey School of Public Affairs, University of Minnesota.