Forrest C. and Frances H. Lattner Foundation

The foundation is controlled by the founders' grandsons — David W. Hollenbeck, who serves as chairman, and his brother Douglas W. Hollenbeck, as trustee. Their brother Drew served on the board until his death in July 2024. The Hollenbeck brothers represent the third generation of family oversight.

The foundation maintains a diversified real asset portfolio. Direct holdings include an office condominium in East Greenwich, Rhode Island, a two-story brick warehouse, and a residential townhouse in Delray Beach, Florida. It also commits to a North American real estate fund-of-funds and has built direct exposure to data center properties.

No. The foundation operates as a closed endowment for the Lattner family's charitable and investment purposes. There is no evidence of outside capital, marketed funds, or external limited partners.

Sue Mann serves as the foundation's dedicated fund manager. She operates from the foundation's East Greenwich office, running the multi-asset portfolio directly rather than through an outsourced chief investment officer or external consultant arrangement.

The Lattner Foundation maintains an intentionally low public profile, functioning more like a private family investment vehicle than a typical private foundation with a grantmaking portal. Its operations are concentrated on asset management rather than public-facing philanthropy, which is consistent with a subset of family endowments that prioritize capital preservation and direct investment over institutional visibility.