When you choose to work with SunTrust’s Foundations and Endowments Specialty Practice, you’ll align your organization with some of the brightest financial minds in the industry; individuals who not only work with nonprofits, but also work in them. Every member of our team volunteers with one or more nonprofits, and the vast majority serve in leadership roles. We have committed our professional lives to the service of the nonprofit community.
|100||Years of serving the not-for-profit community|
|$30B+||Not-for-profit assets under administration|
|700+||Clients who rely on us for conflict-free fiduciary investment advice|
|20 Years||Average experience of our Executive Team working with not-for-profits|
|17 Years||Average tenure of our not-for-profit clients|
The commitment of our relationship, investment and administrative professionals is a direct reflection of our leadership team – driven by a relentless determination to maximize your organizational impact.
Head of SunTrust Institutional Investment Solutions
Stephen’s responsibilities include management of SunTrust’s Foundations and Endowments Specialty Practice, Employee Benefit Solutions and Escrow Services business units. His team serves a wide range of institutions including foundations, public charities, healthcare organizations, associations and corporations. Together, these businesses provide specialized solutions in discretionary investment management, advisory and consultative services for over 1,800 clients with more than $40bn in assets.
Across Institutional Investment Solutions, Stephen has fostered a culture focused on delivering expertise that meets our clients’ unique needs. This has resulted in both long-lasting client relationships as well as high teammate engagement. In 2014, the Foundations and Endowments Specialty Practice was named “One of the Best Places to Work” by Pensions and Investments magazine.
Stephen has over 20 years of experience within the investment management industry. During his career, Stephen has held a variety of leadership and strategy roles with increasing responsibility. Most recently, Stephen served as the Director of Operations with RidgeWorth Capital Management. In this role, he had responsibility for the client service, technology and trading teams.
Stephen graduated from the Virginia Military Institute in 1990 with a B.A. in Economics. He received a commission as a 2nd Lieutenant and served in the U.S. Army Reserve.
Stephen’s commitment to the community is evident in his leadership at several organizations. He is a member of the board of trustees at the Georgia Trust for Historic Preservation, and serves on the board of advisors for both A. G. Rhodes Health and Rehabilitation as well as Girls on the Run.
Elizabeth Cabell Jennings, CFA, CAIA
Senior Vice President, Director of Institutional Investments
Elizabeth is the Director of Institutional Investments within the Foundations and Endowments Specialty Practice. She has earned the professional designations of Chartered Financial Analyst (CFA®), Chartered Alternative Investment Analyst (CAIA®) and Accredited Investment Fiduciary (AIF®) and holds a Bachelor of Arts degree in Economics from The College of William and Mary and a Master of Business Administration from the joint global program of IE and Brown University.
Elizabeth’s role is to provide leadership and oversight to the Investment Advisory and Outsourced Chief Investment Officer (OCIO) roles across the SunTrust footprint within the Foundations and Endowment Specialty Practice. She is responsible for the articulation and implementation of the disciplined and consistent investment process employed throughout the practice.
Elizabeth joined SunTrust in October of 2016. In her twenty-nine year career she has held leading investment positions including heading the Regional Institutional and High Net Worth investment advisory team at Thompson, Siegel and Walmsley, LLC. Her additional roles at TS&W included client portfolio manager, equity portfolio lead manager and equity analyst. She has also worked as a consultant to not-for-profit organizations to evaluate and select investment managers and OCIO providers.
Elizabeth has served as Investment Committee and Board member at the College of William and Mary Foundation and is presently Investment Committee Chair and Board member at the Virginia Theological Seminary in Alexandria. She also serves as a Board member and Investment Advisory Committee member at the City of Richmond Retirement System. She is presently Co-Chairing the Capital Campaign of the Richmond Symphony as well as serving on the boards of Hollywood Cemetery in Richmond and Church Schools in the Diocese of Virginia.
Mike T. Hill
Managing Director, Head of Institutional Consulting
Mike Hill is a senior investment advisor and a member of the management team within the Foundations and Endowments Specialty Practice at SunTrust Bank. Mike offers clients more than 27 years of investment management experience, with an exclusive focus on institutional clients. His experience includes debt structuring, portfolio management, global asset allocation and strategic consulting. Mike attended the University of Tennessee and Belmont University earning a Bachelor of Science degree in Biology and also a Bachelor of Business Administration in Finance.
As an Investment Advisor, Mike advises on the development and implementation of investment strategies to help clients meet their short and long term goals. He follows a disciplined process of assessing an organization’s financial situation, determining risk tolerance, forming and executing an appropriate investment strategy, and regular portfolio rebalancing and reporting in order to obtain measurable results. Mike and his team’s work focuses on discretionary and non-discretionary investment mandates for clients nationally.
Mike joined SunTrust in 1999 following a career as a proprietary trader for a southeastern investment bank specializing in fixed income derivative securities. Upon joining SunTrust, Mike was a portfolio manager for Trusco Capital Management managing their flagship, large cap core equity strategy.
A native of Nashville, Mike is a member of the Board and Vice Chair of the CFA Institute and Nashville Society of Financial Analysts. Mike is a member of the Board and past Chair of the Nashville Humane Association Supporting Foundation. Mike is an alumnus of Leadership Nashville and active in the not-for-profit community.
Philip Millians, CTFA
Senior Vice President, Director of Client Service
Philip Millians is the Director of Client Service within the Foundations and Endowments Specialty Practice at SunTrust Bank. As the Director of Client Service, Philip is responsible for client service delivery within the Foundations and Endowments Specialty Practice. In this role, Philip manages a team of Client Managers who serve as key, strategic advisors to new and existing not-for-profit relationships. His team provides deep not-for-profit insight and expertise to clients in addition to overseeing the administration of accounts.
Philip offers clients more than 30 years of experience within the financial services industry including the last 22 years working exclusively with not-for-profit organizations. Philip has earned the Certified Trust and Financial Advisor (CTFA) designation and is a graduate of the University of Georgia (AB-Economics) and the National Graduate Trust School at Northwestern University.
Philip volunteers his time with many civic and community service organizations and presently serves on the Board of Historic Oakland Foundation, the Advisory Board for the Shepherd Center and is a member of the Woodruff Arts Center Annual Campaign Committee. In addition, Philip is a member of the Georgia Planned Giving Council, Leadership Georgia and Peachtree Presbyterian Church. Philip currently serves as an Elder and Clerk of Session with Peachtree Presbyterian Church and is a past Chairman on the Foundation’s Committee for the Woodruff Arts Center Annual Campaign. Philip and his wife, Julie have two adult children.
Quanda Allen, CAP
Group Vice President, Director of Practice Development
Quanda Allen is Group Vice President and Director of Practice Development within the Foundations and Endowments Specialty Practice at SunTrust Bank. She offers clients more than 20 years of not-for-profit and 10 years of client management experience. Quanda has earned the professional designation of Chartered Advisor in Philanthropy (CAP®) and is a graduate of Howard University and Georgia State University.
As Director of Practice Development, Quanda serves as the marketing and business strategist for the line of business. She leads the editorial process for our thought leadership program and is a frequent contributor to white papers, podcasts, and presentations on a wide variety of topics including not-for-profit governance, endowment spending policy, and investment committee dynamics.
Quanda joined SunTrust in December of 2012 after 5 years with U. S. Trust/Bank of America Corporation, most recently having served as Senior Vice President and Senior Philanthropic Relationship Manager in Atlanta, GA and Washington, DC. Prior to her financial services experience, Quanda led the development, community engagement and marketing functions at several large Atlanta-based not-for-profit organizations. She also worked as an associate consultant at Bain and Company.
Quanda volunteers her time with several organizations. She is a board member of Transformer D.C., a local arts organization. She formerly chaired the African-American Teammate Network for the SunTrust Greater Washington Diversity Council and holds active membership in the D. C. chapter of Alpha Kappa Alpha Sorority, Inc. and the Junior League of Greater Washington. In 2009, Quanda was recognized by Outstanding Atlanta for her exemplary civic engagement and professional accomplishments. In 2015 and 2016, she was recognized with a SunTrust Presidential Milestone Volunteer Award.
Call us at 866.223.1499 to explore our full range of capabilities, or to schedule an in-person meeting with one of our specialists.
Cultivate an environment where your members hold themselves accountable for their individual actions and contributions, as well as their collective contributions to the committee and to the greater organization.
Learn pros and cons for formalizing charitable giving from Meghan Pietrantonio of SunTrust Bank’s Foundations and Endowments Specialty Practice.
Two SunTrust experts discuss how oversight practices, diligent management and asset allocation can help associations reach their goals.
SunTrust Foundations and Endowments Specialty Practice, answers 17 frequently asked questions about starting a private foundation.
Consulting versus Discretionary
For details about Wire Transfers with SunTrust, call 1.800.947.3786 – options 1 & 4
SunTrust Incoming wire instructions:
Investment and Insurance Products:
Are Not FDIC or any other Government Agency Insured Are Not Bank Guaranteed May Lose Value
© 2018 SunTrust Banks, Inc
SunTrust Bank is an Equal Housing Lender. Member FDIC
Equal Housing Lender. SunTrust Mortgage, Inc
SunTrust, SunTrust Mortgage, SunTrust PortfolioView, SunTrust Robinson Humphrey, SunTrust Premier Program, AMC Pinnacle, AMC Premier, Access 3, Signature Advantage Brokerage, Custom Choice Loan and SunTrust SummitView are federally registered service marks of SunTrust Banks, Inc. All other trademarks are the property of their respective owners.
Services provided by the following affiliates of SunTrust Banks, Inc.: Banking products and services are provided by SunTrust Bank, Member FDIC. Trust and investment management services are provided by SunTrust Bank, SunTrust Delaware Trust Company and SunTrust Banks Trust Company (Cayman) Limited. Securities, brokerage accounts and insurance (including annuities) are offered by SunTrust Investment Services, Inc., a SEC registered broker-dealer, member FINRA, SIPC, and a licensed insurance agency. Investment advisory services are offered by SunTrust Advisory Services, Inc., a SEC registered adviser. GFO Advisory Services, LLC is a SEC registered investment adviser that provides investment advisory services to a group of private investment funds and other non-investment advisory services to affiliates. Mortgage products and services are provided by SunTrust Mortgage, Inc.
SunTrust Mortgage, Inc. - NMLS #2915, 901 Semmes Avenue, Richmond, VA 23224, 1-800-634-7928. CA: licensed by the Department of Business Oversight under the California Residential Mortgage Lending Act, IL: Illinois Residential Mortgage Licensee #MB-989, Department of Financial and Professional Regulation, 100 W. Randolph, Suite 900, Chicago, IL 60601, 1-888-473-4858, MA: Mortgage Lender license #-ML-2915, NJ: Mortgage Banker License - New Jersey Department of Banking and Insurance, NY: Licensed Mortgage Banker—NYS Department of Financial Services, and RI: Rhode Island Licensed Lender.
"SunTrust Advisors" may be officers and/or associated persons of the following affiliates of SunTrust Banks, Inc.: SunTrust Bank, our commercial bank, which provides banking, trust and asset management services; SunTrust Investment Services, Inc., a registered broker-dealer, which is a member of FINRA and SIPC, and a licensed insurance agency, and which provides securities, annuities and life insurance products; SunTrust Advisory Services, Inc., a SEC registered investment adviser which provides Investment Advisory services.
SunTrust Private Wealth Management, International Wealth Management, Business Owner Specialty Group, Sports and Entertainment Group, and Legal and Medical Specialty Groups and GenSpring are marketing names used by SunTrust Bank, SunTrust Banks Trust Company (Cayman) Limited, SunTrust Delaware Trust Company, SunTrust Investment Services, Inc., and SunTrust Advisory Services, Inc.
SunTrust Bank and its affiliates do not accept fiduciary responsibility for all banking and investment account types offered. Please consult with your SunTrust representative to determine whether SunTrust and its affiliates have agreed to accept fiduciary responsibility for your account(s) and if you have completed the documentation necessary to establish a fiduciary relationship with SunTrust Bank or an affiliate. Additional information regarding account types and important disclosures may be found at www.suntrust.com/investmentinfo.
SunTrust Robinson Humphrey is the trade name for the corporate and investment banking services of SunTrust Banks, Inc. and its subsidiaries, including SunTrust Robinson Humphrey, Inc., member FINRA and SIPC.