Endowment / Foundation

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Wilbur and Hilda Glenn Family Foundation

The Wilbur and Hilda Glenn Family Foundation was established in 1996 in Atlanta, Georgia, by the grandchildren of Thomas K. Glenn, a key figure in Southern...

Wilbur and Hilda Glenn Family Foundation logo

Wilbur and Hilda Glenn Family Foundation

The Wilbur and Hilda Glenn Family Foundation was established in 1996 in Atlanta, Georgia, by the grandchildren of Thomas K. Glenn, a key figure in Southern banking history. Glenn led the Trust Company of Georgia, a predecessor to SunTrust Banks, during its mid-20th-century expansion. The foundation's wealth originates from that industrial and financial services legacy, now stewarded by the fourth generation. Thomas K. Glenn II serves as Trustee and Chair, joined by Louise R. Glenn as Vice Chair, and Louisa Glenn D'Antignac and Rand Glenn Hagen as Trustees. Suzanna Stribling has led day-to-day operations as Executive Director since 2010. The foundation combines traditional philanthropic grantmaking with a growing venture investment program. Its philanthropic footprint centers on Atlanta's healthcare and educational institutions: the Glenn Family Breast Center, the Glenn Family Innovation Fund, and the Tom Glenn Community Impact Fund signal a focus on direct, named giving alongside institutional partnerships. Louisa Glenn D'Antignac holds the Louisa and Rand Glenn Family Chair at Emory University, while Rand Glenn Hagen is active on the board of Skyland Trail, a mental health nonprofit. The foundation's venture exposure is diversified across generalist funds and direct investments, spanning sectors from healthcare to enterprise software. The office operates from a commercial property at 42 Lenox Pointe NE in Atlanta, and maintains a separately managed fixed-income account via BNY Mellon, a signal of the conservative allocation core beneath its programmatic and venture investments. Executive Director Suzanna Stribling strengthens the office's local and regional connectivity through memberships in Leadership Atlanta, Leadership Georgia, and her prior role at Philanthropy Southeast. As of May 2024, the foundation continued to make active grants to Atlanta-area nonprofits and academic institutions aligned with the family's board interests. The foundation's structural differentiator is its conversion from a pure philanthropic vehicle into a hybrid that actively deploys venture capital, a posture more typical of an endowment than a private family foundation. This dual mandate — maintain a conservative fixed-income base while pursuing venture returns for the endowment — is uncommon among Georgia-based private foundations of similar vintage and asset base. Governance remains concentrated within a tight family trustee group, with no external advisory board or stated plans for generational transition beyond the current four-member board.

General information

Firm type

Endowment / Foundation

Year founded

1996

Location

Region

North America

Country

United States

City

Atlanta

Corporate office

42 Lenox Pointe NE, Atlanta, GA 30324, United States

Principals

Thomas K. Glenn II

Trustee and Chair

Louise R. Glenn

Trustee and Vice Chair

Louisa Glenn D'Antignac

Trustee

Rand Glenn Hagen

Trustee

Suzanna Stribling

Executive Director

Sector focus

Healthcare ServicesEducationVenture Capital (General)

Frequently asked questions

Who runs investment decisions at the Wilbur and Hilda Glenn Family Foundation?

The foundation's governance is concentrated among four family trustees: Thomas K. Glenn II (Chair), Louise R. Glenn (Vice Chair), Louisa Glenn D'Antignac, and Rand Glenn Hagen. Investment strategy, particularly the foundation's venture allocation and separately managed accounts, appears to be directed by this board. Executive Director Suzanna Stribling handles day-to-day operations and may manage relationships with external fund managers, but ultimate investment authority rests with the Trustee group.

Does the foundation participate in fund commitments or only direct grants?

The foundation maintains both a programmatic grantmaking portfolio and a venture capital allocation that includes fund commitments and direct co-investments. Its venture strategy covers multiple funds, suggesting it operates as a limited partner across generalist venture firms in addition to making grants to Atlanta-area nonprofits and educational institutions.

Where does the underlying wealth come from?

The wealth originates with Thomas K. Glenn, who led the Trust Company of Georgia through significant mid-20th-century expansion. The bank eventually became SunTrust Banks, now part of Truist Financial. The foundation was capitalized from that banking and industrial fortune, and is now managed by Glenn's great-grandchildren.

What investment stages and sectors does the foundation typically target?

The venture allocation appears generalist, with exposure across stages and sectors including healthcare, enterprise software, and potentially other technology verticals. The foundation does not publicly specify a stage preference, and its grants follow board member interests rather than a tightly defined programmatic mandate. Healthcare and education are the dominant philanthropic focus areas.

Does the foundation maintain philanthropic structures, and how are they separated?

The foundation operates as a single entity that houses both grantmaking and venture investing. Named philanthropic initiatives include the Glenn Family Breast Center, Glenn Family Innovation Fund, Tom Glenn Community Impact Fund, and an endowed chair at Emory University. These are housed within the same legal structure as the investment portfolio, with no separate philanthropic trust or donor-advised fund vehicle disclosed.

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