contact us search for: GO

Investment Topics
Endowment Management
Market Environment
Risk Tolerance
Asset Classes
TEF Library
Other Resources
About TEF

About TEF

TEF Mission

The TIFF Education Foundation (TEF) is a 501(c)3 private operating foundation that focuses on providing resources aimed at helping fiduciaries of endowed charities enhance their knowledge of investing and discharge effectively and efficiently their investment-related duties.

TIFF Credo

  • TIFF requires complete honesty of its staff, board, and vendors.
  • No member of TIFF's staff or board shall encourage an organization to purchase a product or service that it does not need.
  • TIFF shall be accountable for the actions of its board and staff in the performance of their authorized duties.
  • Each member of TIFF's staff shall be accountable for his or her actions.
  • TIFF values candor and encourages staff, board, and vendors to disclose complaints, biases, and real or potential conflicts of interest at the earliest possible time.
  • Employment, promotion, and compensation decisions shall be based on merit alone.
  • The value of members of TIFF's staff shall be measured by the enthusiasm and care with which they perform their assigned duties, not by the character of such duties.
  • No member of TIFF's staff is too exalted to perform, when necessary, the duties of the least-senior or lowest-paid employee.
  • TIFF seeks to maintain a congenial work environment where patience and humor are the norms.

TEF Board of Directors

John Craig is executive vice president and chief operating officer of The Commonwealth Fund (New York, NY). He also serves as chairman of the Nonprofit Coordinating Committee of New York City and on the boards of the Greenwall Foundation, the International Women's Health Coalition, and the National Center on Philanthropy and the Law.

Sheryl Johns is executive vice president of Houston Endowment Inc. (Houston, TX). She was formerly a manager with the accounting firm Ernst & Young. She is a certified management accountant as well as a certified public accountant.

William McLean is vice president and chief investment officer of Northwestern University (Evanston, IL). He was formerly senior managing director of asset and investment management of the John D. and Catherine T. MacArthur Foundation and an investment officer at The Duke Endowment. He serves on the investment committees for the Mayo Clinic and the National Collegiate Athletic Association.

David Salem serves as president and a director of the TIFF Education Foundation. He joined The Investment Fund for Foundations (TIFF) as its founding president and chief investment officer in January 1993 and served in these capacities through August 2010. He is currently managing partner and chief investment officer of The Windhorse Group, an investment firm serving high net worth individuals with multiple offices in the US. Previously, Mr. Salem was a partner in the Boston-based money management firm GMO. He currently serves as a trustee of Middlebury College and a member of the investment committee of The Atlantic Philanthropies.

Conflict of Interest Policy

TEFs Conflict of Interest Policy is available upon request.

Investment Policy Statement

TEFs Investment Policy Statement is available upon request.

TEFs 990-PF

TEFs 990-PFs are available upon request.

Contact Us

Please feel free to call, fax, mail, or email with questions:

TIFF Education Foundation
97 Mt. Auburn Street
Cambridge, MA 02138
617-758-2112 (phone)
617-864-6891 (fax)

home  |  investment topics  |  TEF library  |  seminars  |  glossary  |  other resources  |  about TEF  |  contact us  |  site map  |  Terms and Conditions
© all rights reserved 2010