Guiding foundations through market calamities is nothing new for Michael Quigley. He began managing his first endowment portfolio in August 1997 — two months before that year’s market crash. Later came the protracted financial crisis and the “flash crash” of 2010. Market meltdowns are never alike, he says, but this one feels unique. “When it’s…
Guider les fondations aux prises avec les catastrophes que subissent les marchés, il n’y a là rien de nouveau pour Michael Quigley. Il a commencé à gérer son premier portefeuille de fonds de dotation en août 1997 — deux mois avant le crash des marchés boursiers de cette année-là. Puis ce fut la longue crise financière…
In the fall of 2018, during a plenary session she hosted at a philanthropy conference, Sharon Avery asked about 300 leaders of private Canadian foundations to raise their hands if their organizations considered gender equity in their granting or investing. Only three or four hands went up. It was one of several “aha” moments Avery…