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Northern Trust Names Srilatha Lakkaraju Director of Charitable Giving Solutions

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Northern Trust has appointed Srilatha Lakkaraju as the Director of Charitable Giving Solutions within its Foundation & Institutional Advisors (FIA) practice. In this role, Lakkaraju will oversee the national strategy and implementation of Donor Advised Fund and Private Foundation Administration solutions.

Lakkaraju brings 14 years of experience from Bank of America, where she managed private foundations and nonprofit organizations nationwide. Her background includes public policy advocacy for nonprofit tax policy, governance, and compliance issues.

Darius A. Gill, National Practice Executive for FIA, expressed excitement about Lakkaraju joining the team, highlighting her expertise as valuable for accelerating growth in their charitable giving solutions. Northern Trust's FIA practice serves nonprofit organizations and private foundations through investment management solutions, strategic insights, and resources to help achieve financial and philanthropic goals.

Northern Trust ha nominato Srilatha Lakkaraju come Direttore delle Soluzioni di Donazione Caritatevole all'interno della sua pratica Foundation & Institutional Advisors (FIA). In questo ruolo, Lakkaraju supervisionerà la strategia nazionale e l'implementazione delle soluzioni per Fondi Consigliati dai Donatori e Amministrazione delle Fondazioni Private.

Lakkaraju porta con sé 14 anni di esperienza maturata presso Bank of America, dove ha gestito fondazioni private e organizzazioni non profit a livello nazionale. La sua esperienza include la difesa delle politiche pubbliche riguardanti la tassazione delle organizzazioni non profit, la governance e le questioni di conformità.

Darius A. Gill, Esecutivo Nazionale della Pratica FIA, ha espresso entusiasmo per l'ingresso di Lakkaraju nel team, sottolineando che la sua esperienza è preziosa per accelerare la crescita delle loro soluzioni di donazione caritatevole. La pratica FIA di Northern Trust serve organizzazioni non profit e fondazioni private tramite soluzioni di gestione degli investimenti, approfondimenti strategici e risorse per aiutare a raggiungere obiettivi finanziari e filantropici.

Northern Trust ha nombrado a Srilatha Lakkaraju como Directora de Soluciones de Donación Caritativa dentro de su práctica de Foundation & Institutional Advisors (FIA). En este rol, Lakkaraju supervisará la estrategia nacional y la implementación de soluciones de Fondos Asesorados por Donantes y Administración de Fundaciones Privadas.

Lakkaraju aporta 14 años de experiencia de Bank of America, donde gestionó fundaciones privadas y organizaciones sin fines de lucro en todo el país. Su experiencia incluye la defensa de políticas públicas relacionadas con la política fiscal de las organizaciones sin fines de lucro, así como temas de gobernanza y cumplimiento.

Darius A. Gill, Ejecutivo Nacional de la Práctica FIA, expresó su entusiasmo por la incorporación de Lakkaraju al equipo, destacando que su experiencia es valiosa para acelerar el crecimiento de sus soluciones de donación caritativa. La práctica FIA de Northern Trust sirve a organizaciones sin fines de lucro y fundaciones privadas a través de soluciones de gestión de inversiones, información estratégica y recursos para ayudar a alcanzar objetivos financieros y filantrópicos.

노던 트러스트스릴라타 라카라주자선 기부 솔루션 책임자로 임명하였습니다. 이 역할에서 라카라주는 기부자 권장 기금 및 개인 재단 관리 솔루션의 국가 전략과 구현을 감독하게 됩니다.

라카라주는 뱅크 오브 아메리카에서 14년의 경험을 쌓았으며, 이곳에서 전국의 개인 재단과 비영리 조직을 관리했습니다. 그녀의 경력에는 비영리 세금 정책, 거버넌스 및 준수 문제에 대한 공공 정책 옹호가 포함됩니다.

다리우스 A. 길, FIA의 국가 실무 책임자는 라카라주가 팀에 합류하게 되어 기쁨을 표하며, 그녀의 전문성이 그들의 자선 기부 솔루션의 성장을 가속화하는 데 귀중하다고 강조했습니다. 노던 트러스트의 FIA 실무는 비영리 조직과 개인 재단에 투자 관리 솔루션, 전략적 통찰력 및 재정적 및 자선적 목표 달성을 위한 자원을 제공합니다.

Northern Trust a nommé Srilatha Lakkaraju comme Directrice des Solutions de Don de Charité au sein de sa pratique Foundation & Institutional Advisors (FIA). Dans ce rôle, Lakkaraju supervisera la stratégie nationale et la mise en œuvre des solutions de Fonds Conseillés par les Donateurs et d'Administration de Fondations Privées.

Lakkaraju apporte avec elle 14 ans d'expérience chez Bank of America, où elle a géré des fondations privées et des organisations à but non lucratif à l'échelle nationale. Son parcours comprend la défense des politiques publiques concernant la fiscalité des organisations à but non lucratif, la gouvernance et des questions de conformité.

Darius A. Gill, Exécutif National pour la pratique FIA, a exprimé son enthousiasme à l'idée de l'arrivée de Lakkaraju dans l'équipe, soulignant que son expertise sera précieuse pour accélérer la croissance de leurs solutions de don caritatif. La pratique FIA de Northern Trust sert les organisations à but non lucratif et les fondations privées grâce à des solutions de gestion d'investissements, des analyses stratégiques et des ressources pour aider à atteindre des objectifs financiers et philanthropiques.

Northern Trust hat Srilatha Lakkaraju als Leiterin der Lösungen für wohltätige Spenden innerhalb ihrer Praxis für Foundation & Institutional Advisors (FIA) ernannt. In dieser Rolle wird Lakkaraju die nationale Strategie und Umsetzung von Spendenfonds und Verwaltungslösungen für private Stiftungen überwachen.

Lakkaraju bringt 14 Jahre Erfahrung von der Bank of America mit, wo sie private Stiftungen und gemeinnützige Organisationen landesweit leitete. Ihre Erfahrung umfasst auch die öffentliche Interessenvertretung für gemeinnützige Steuerpolitik sowie Themen wie Governance und Compliance.

Darius A. Gill, National Practice Executive für FIA, äußerte seine Freude über die Aufnahme von Lakkaraju in das Team und hob hervor, dass ihre Expertise wertvoll sei, um das Wachstum ihrer Lösungen für wohltätige Spenden zu beschleunigen. Die FIA-Praxis von Northern Trust unterstützt gemeinnützige Organisationen und private Stiftungen mit Lösungen im Bereich Investmentmanagement, strategischen Einblicken und Ressourcen, um finanzielle und philanthropische Ziele zu erreichen.

Positive
  • Appointment of experienced professional to lead charitable giving solutions
  • Potential for growth acceleration in Donor Advised Fund and Private Foundation Administration solutions
  • Expansion of expertise in Northern Trust's Foundation & Institutional Advisors practice
Negative
  • None.

CHICAGO--(BUSINESS WIRE)-- Northern Trust announced today that Srilatha Lakkaraju has joined the Foundation & Institutional Advisors (FIA) practice as the Director of Charitable Giving Solutions. In this role, Lakkaraju will oversee the national strategy and implementation of the Donor Advised Fund and Private Foundation Administration solutions.

Srilatha Lakkaraju, Director of Charitable Giving Solutions (Photo: Business Wire)

Srilatha Lakkaraju, Director of Charitable Giving Solutions (Photo: Business Wire)

Prior to joining Northern Trust, Lakkaraju was a Senior Vice President, Philanthropic Client Manager at Bank of America for 14 years where she managed private foundations and nonprofit organizations nationwide. She provided thought leadership, education and insights to her private foundation and nonprofit clients. Earlier in her career, Lakkaraju worked in public policy advocating and lobbying for nonprofit tax policy, governance and compliance issues.

“I am excited to have Srilatha join our Foundation & Institutional Advisors team,” said Darius A. Gill, National Practice Executive for FIA. “Her expertise will be invaluable as we continue to accelerate the growth of our Donor Advised Fund and Private Foundation Administration solutions.”

Lakkaraju graduated with a Master of Science in Public Service from DePaul University. She earned her Bachelor of Science degree in Management of Information Systems from University of Illinois at Urbana-Champaign.

Northern Trust’s Foundation & Institutional Advisors (FIA) practice serves nonprofit organizations and private foundations through sophisticated investment management solutions, strategic insights and world-class resources. FIA provides investment advice, oversight, asset servicing and related services to help nonprofit organizations achieve financial and philanthropic goals; in collaboration with trustees, board and investment committee members. FIA also supports clients with sophisticated Donor Advised Fund and Private Foundation Administration solutions. More information about Northern Trust Foundation and Institutional Advisors can be found at www.northerntrust.com/FIA.

Northern Trust Wealth Management offers holistic wealth management services for affluent individuals and families, family offices, foundations and endowments, and privately held businesses. It is recognized for its innovative technology, service excellence and depth of expertise, with $419.4 billion in assets under management as of June 30, 2024. The Northern Trust Company is an Equal Housing Lender. Member FDIC.

About Northern Trust

Northern Trust Corporation (Nasdaq: NTRS) is a leading provider of wealth management, asset servicing, asset management and banking to corporations, institutions, affluent families and individuals. Founded in Chicago in 1889, Northern Trust has a global presence with offices in 24 U.S. states and Washington, D.C., and across 22 locations in Canada, Europe, the Middle East and the Asia-Pacific region. As of June 30, 2024, Northern Trust had assets under custody/administration of US$16.6 trillion, and assets under management of US$1.5 trillion. For more than 130 years, Northern Trust has earned distinction as an industry leader for exceptional service, financial expertise, integrity and innovation. Visit us on northerntrust.com. Follow us on X (formerly Twitter) @NorthernTrust or Northern Trust Corporation on LinkedIn.

Northern Trust Corporation, Head Office: 50 South La Salle Street, Chicago, Illinois 60603 U.S.A., incorporated with limited liability in the U.S. Global legal and regulatory information can be found at https://www.northerntrust.com/terms-and-conditions.

Landis Cullen

312-444-3188

LC332@ntrs.com

http://www.northerntrust.com

Source: Northern Trust Corporation

FAQ

Who did Northern Trust (NTRS) appoint as Director of Charitable Giving Solutions?

Northern Trust appointed Srilatha Lakkaraju as the Director of Charitable Giving Solutions within its Foundation & Institutional Advisors practice.

What will Srilatha Lakkaraju's role be at Northern Trust (NTRS)?

Srilatha Lakkaraju will oversee the national strategy and implementation of Donor Advised Fund and Private Foundation Administration solutions at Northern Trust.

What was Srilatha Lakkaraju's previous experience before joining Northern Trust (NTRS)?

Prior to joining Northern Trust, Srilatha Lakkaraju was a Senior Vice President, Philanthropic Client Manager at Bank of America for 14 years, managing private foundations and nonprofit organizations nationwide.

How much assets under management does Northern Trust Wealth Management have as of June 30, 2024?

Northern Trust Wealth Management has $419.4 billion in assets under management as of June 30, 2024.

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