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NACUBO President and CEO Susan Whealler Johnston has responded to a letter from six members of Congress concerning diversity among the leadership of firms managing college and university endowments.

“NACUBO welcomes this opportunity to illustrate how our association, which represents more than 1,900 member institutions, has highlighted the importance of female- and minority-owned asset management firms’ active participation in the management of college and university investment assets. In fact, our association is keenly focused on the importance of diversity in asset management positions, as well as diversity in the business officer profession as a whole,” Johnston wrote.

Read the full letter here.

NACUBO, founded in 1962, is a nonprofit professional organization representing chief administrative and financial officers at more than 1,900 colleges and universities across the country. NACUBO works to advance the economic vitality, business practices, and support of higher education institutions in pursuit of their missions. For more information, visit


Katy McCreary

Senior Manager, Public Relations


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