The Museum Trustee Association
in collaboration with the
Getty Leadership Institute

Presented:

Assembly 2003
Doing More with Less: Museum Leadership in Times of Crisis

Museum directors and trustees from throughout North America discussed the difficulty of museum management in troubled financial times at this interactive meeting.

Among many engaging sessions the Endowment Experts Update: Successful Approaches to Dealing with the Endowment stood out. Chaired by Morris W. Offit, Chairman and CEO, Offit Hall Capital Management, LLC, with panelists: Forrest Berkley, Asset Allocations, GMO, Boston and Chair, Investments Committee, Maine Community Foundation; Steve Berstler, Chief Investment Officer and Treasurer, The Metropolitan Museum of Art; Joseph J. Trainor, Managing Director and Head of Institutional Business, U.S. Trust Company of New York; and Sandra Urie, President and CEO, Cambridge Associates, LLC. This group discussed how endowments can be managed in the current economic and political climate to maximize return and support museum operations. They addressed how well-led museums could function with reduced value in their endowment portfolios and whether endowment payout should be adjusted.

Click here to download Joseph Trainor’s presentation.

Members may contact the MTA office for a copy of Sandra Urie’s presentation.

Click here to download Forrest Berkley’s presentation.

Thank You to Our Assembly Sponsors:

and to Our Assembly Supporters: