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Thursday, October 9, 2014

Stupski Foundation taps new president, to spend down $260 million endowment

From Chronicle of Philanthropy

Oct 7, 2014, 4::54pm   PDT

Sterling Speirn, who most recently ran the W.W. Kellogg Foundation, has been named president of the much-smaller Stupski Foundation in San Francisco.

Reporter-San Francisco Business Times
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The Stupski Foundation, which boasts a $260 million endowment, has named a new president to help it change course and spend down its entire endowment over the next decade.
Sterling Speirn has been named to lead the foundation as it embarks on that effort, in conjunction with co-founder Joyce Stupskiand the San Francisco nonprofit foundation's board of directors.
Most recently, Speirn was president and CEO of the W.W. Kellogg Foundation, which has assets of $7.5 billion. He left that organization at the end of last year,according to the Battle Creek, Mich.-based foundation.
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