About the Author

Walter J. Dillingham Jr., CFA

Managing Director, Endowment and Foundation Specialist

Walter specializes in working with more than 60 endowments, foundations, and nonprofit organizations to help them grow, evolve, and weather changing financial and economic environments. He works closely with his clients on their investment, philanthropic, endowment management, and planned giving objectives.

With more than three decades of experience in the financial services industry, much of which focused on nonprofit and institutional clients, Walter has a unique perspective on the changing needs of the endowment and foundation marketplace. He has authored original research that has been covered by the financial press on a number of nonprofit sectors, including health care organizations, community colleges, public libraries, private schools, and religious organizations. Please visit our Research & Insights library to read Walter’s research papers.

Walter is a recipient of Wilmington Trust’s Chairman’s Club award and he launched the firm’s highly successful Philanthropic Speaker Series in 2011, which showcases strategies for nonprofit organizations. He is also regularly called upon to speak at industry conferences and with key advisors in the philanthropic arena. Walter holds an MBA from Babson College, a master’s degree in philanthropy from New York University, and a bachelor’s degree in economics from Bates College. He is a CFA® charterholder and a member of the CFA Institute. He is also a member of the New York Society of Securities Analysts, the Philanthropic Planning Group of Greater New York, and the Healthcare Finance Management Association.

Passionate about philanthropy and perpetuating the ability of nonprofits to impact their communities, Walter is a trustee and treasurer of Fisher College (Boston) and serves on the Forest Hills Gardens Corp. Finance Committee. He is also an adjunct professor at NYU where he teaches endowment concepts and practices.

Walter and his family enjoy hiking, traveling throughout New England and internationally, and experiencing music and the arts. An avid runner, Walter has completed two marathons and can be found in his garage refinishing furniture in his spare time.


By the Author

Endowments & Foundations Update: Key 2021 Trends

Walter J. Dillingham Jr., CFA |
Corporate & Institutional

Key 2021 trends for the endowment, foundation, and nonprofit marketplace.  COVID-19 has led many nonprofits to reassess their endowment strategies, fundraising goals, and strategic plans as the country starts to recover from the pandemicWhile the stock market finished strong in 2020, and continues its strength in mid-2021, nonprofit boards continue to review their endowment strategies and strategic plans.

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Catholic Foundations Continue to Advance in the United States

Walter J. Dillingham Jr., CFA |
Corporate & Institutional
11167-RelBasedFundraising-NC.jpg

An update on the Catholic foundation marketplace.In 2016, we released one of the first studies on religious-based fundraising foundations, The Advancement of Religious-Based Fundraising Foundations in the United States.We examined religious giving and focused on the use of stand-alone fundraising foundations, focusing on Catholic diocese or community foundations.

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Fundraising and Endowment Strategies for Independent Schools in New York

Walter J. Dillingham Jr., CFA |
Corporate & Institutional
Independent-NY-Schools-NC.jpg

An analysis of fundraising, endowment management, and governance/disclosure practices of independent school foundations in New York State. A focus on New York state independent schools and their trends and challenges.Benefits of using diversified fundraising strategies and having a robust endowment management plan.More schools should consider capital campaigns to help grow their endowments.

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Overview and Insights on Public Library Foundations

Walter J. Dillingham Jr., CFA |
Corporate & Institutional
PublicLibrary-NC.jpg

An analysis of fundraising, endowment management, and governance/disclosure practices of public library foundations. Library fundraising foundations are an important tool for public libraries.This report shares insights on the benefits and costs of using a separate foundation.It also includes an analysis of the New York City public library system.Public libraries have evolved into organizations that provide expanded services to the local community.

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