Board of Trustees

The Stuart family remains involved in the operations of the Foundation through E.A. Stuart’s great-grandsons Dwight Stuart, Jr., Elbridge Stuart III, and Stuart Lucas serving on the Board.

Dwight L. Stuart, Jr.

Chairman of the Board and a member of the Executive and Investment Committees

Dwight L. Stuart, Jr. has served as a Trustee of the Stuart Foundation since 1982. He is the Chairman of the Board and a member of the Executive and Investment Committees. He is a descendent of Elbridge A. Stuart and Elbridge H. Stuart, the Stuart Foundation’s founders.

Dwight is also the Chair of the Board of Advisors of the Dwight Stuart Youth Fund. The Fund was established as a charitable trust by Dwight’s father, Dwight Stuart Senior, in 2000 to support direct services in youth serving agencies in the greater Los Angeles area. The Fund focuses on building capacity for neighborhood based non-profit organizations, many challenged by the hard economic times. Dwight is involved in all aspects of the management and program work of the Fund and oversaw the merger of the Fund with the Stuart Foundation in 2010. Dwight has also served on the Boards of Directors of the Los Angeles Education Partnership and the Western County Council of the Boy Scouts of America.

Prior to joining the Board of the Stuart Foundation, Dwight was Vice President and General Manager of Carnation – U.S. Pet Food Division. Dwight started at his family’s company in 1970, beginning in sales management in Atlanta and Dallas and later at the company’s Los Angeles corporate headquarters. He now invests in southern California real estate.

Dwight’s passion is public education reform. His abiding philosophy is that a strong and vibrant educational system is the root of a successful society – economically, socially, and collectively.

Dwight resides in Beverly Hills, California.

Elbridge H. Stuart III

Vice Chairman of the Board and a member of the Executive and Investment Committees

Elbridge is the Managing Director of SCF Holdings LLC which owns and operates the historic 820-acre Carnation Farms in Washington State. The Farm hosts a non-profit named Carnation Farms focusing on farm-based education and experiential learning which he and other family members started in October of 2016. Elbridge and these family members are part of the current board. Elbridge also serves on Boards and/or Endowment Committees of Loyola Marymount University (Los Angeles), the Parasol Tahoe Community Foundation, the Elbridge and Debra Stuart Family Foundation, and the Elbridge Amos Stuart Foundation. He also spent 18 years on the Endowment and Audit Committees of Whitman College in Walla Walla, Washington. In addition to his tax-exempt activities, he also runs a for-profit single family financial office.

Elbridge was the Director of Alternative Assets and Research and a Principal at Coldstream Capital Management, Inc. a high-net-worth asset and wealth management firm with over $1 billion in assets, based in Bellevue Washington. He joined the firm in 2003 and resigned in 2009, after the death of his father, to run several taxable and non-taxable family entities. During his time at Coldstream, he was responsible for selecting and vetting outside investment managers and assets in all traditional and nontraditional asset classes and maintaining the after selection due diligence process. While at Coldstream, he was a contributor on financial issues to both Bloomberg Television and Radio. Prior to joining the firm, he worked for several investment firms in the areas of investment banking, buy side equity research, and both institutional and high net worth portfolio management. After earning his degree, Elbridge spent seven years in the Army Reserve and gained a direct officer commission. He was also in the computer industry from 1970 to 1985, working in the areas of hardware, large system software design, and software product management and marketing.

He received a Bachelor of Arts degree from Stanford University in 1970 and attended the CFP program at the University of California at Berkeley. He was a 20-year member of the Chartered Financial Analyst (CFA) Society of Seattle, is associated with the Foundation Financial Officers Group (FFOG), Philanthropy Northwest (Washington State) and the Northern California Grantmakers. He is also the author of The History of Carnation Farms, A Family Perspective.

Elbridge helped raise two adult children with his wife Debra. He and his wife currently reside in Incline Village, Nevada.

Stuart E. Lucas

Vice Chairman of the Board and a member of the Audit and Investment Committees

Stuart E. Lucas has served as a Trustee of the Stuart Foundation since 2004. He is a descendent of Elbridge A. Stuart and Elbridge H. Stuart, the Stuart Foundation’s founders. 

Stuart is founder and Chairman of Wealth Strategist Partners, LLC, a registered investment advisor which acts as an outsourced Chief Investment Officer for a select number of individuals and families of exceptional net worth.   

In addition to his duties with Wealth Strategist Partners, Stuart is immediate past Chair of the Investment Committee of National Public Radio and is a Board member of the National Public Radio Foundation. He is also a Board member of the Chicago Public Education Fund.   

Stuart designed and co-directs the University of Chicago Booth School of Business Private Wealth Management continuing education program. His first book, Wealth: Grow It and Protect It (FT Press) has been published on three continents.  His latest book, The Taxable Investor’s Manifesto (Wiley), was published in early 2020. 

Previously, Stuart was the Senior Managing Director of the Ultra-High Net Worth Group within Private Client Services at Bank One (now JP Morgan Chase), General Manager of European operations for Wellington Management Company, and as Assistant Portfolio Manager of a Forbes Honor Roll mutual fund.  

He has a bachelor’s degree from Dartmouth College, an M.B.A. from Harvard Business School, and is a Chartered Financial Analyst. 

He and his wife, Susan, have three children and live in Chicago. 

Susan Lucas

Susan co-founded Wealth Strategist Partners with Stuart Lucas. She works with business owning families and families with multi-generational wealth on matters of governance, strategy, and organizational sustainability.

Previously, Susan was on the senior team at Talisman Management, a London-based private equity firm, and led the consulting practice for B2P, an early data analytics firm. Earlier in her career, she worked as a strategy consultant at the Boston Consulting Group and at Bain and Company in the United States and Europe.

Susan is a Trustee of Wellesley College, where she was the founding chair of the Board’s Wellesley Experience Committee, which oversees academic affairs, student life, admissions and financial aid, and the student experience. She has served on that Board’s Investment, Audit, Governance, Development, and Campus and Finance Committees.  Susan served for 10 years on the Board, and is the Immediate Past Chair of Legacy Charter School, a K-8 public elementary school in North Lawndale, one of Chicago’s most underserved communities. During her Board service, Legacy ranked as a high-performing school and the school built the first new elementary school to be constructed in North Lawndale in 60 years. Susan has served in numerous capacities for her family’s synagogue, Chicago Sinai Congregation, including President of the Board and member of the Executive, Finance, Investment, Governance and Strategic Planning committees. She currently serves on the congregation’s Foundation board.

Susan has a B.A., cum laude, in Economics from Wellesley College and an M.A. in the Social Sciences from the University of Chicago.

She and her husband Stuart have three children and live in Chicago.

William “Boutie” Lucas

Boutie Lucas is a founding Principal at Cataumet Partners, a family wealth advisory practice specializing in trust and estate asset management. Prior to forming Cataumet Partners, he was a Vice President at HJ Meyers, a regional investment bank and worked for Hughes Aircraft Space and Communications New Ventures Group.

Boutie is also a long-time Board Member of Inner City Education Foundation Public Schools (ICEF), a Los Angeles-based charter management organization which operates seven elementary, middle, and high schools serving predominantly inner-city African American students and their families.

Mr. Lucas is a graduate of Princeton University and Dartmouth College’s Amos Tuck School of Business.

He has two adult children and lives with his wife in Los Angeles.

John W. Buoymaster

Member of the Board and a member of the Investment Committee

John Buoymaster is Chairman and a Managing Director of Hall Capital Partners LLC, an investment management firm with offices in San Francisco and New York. He is a member of the firm’s Board of Directors, Executive Committee, and Investment Review Committee, in addition to having direct portfolio management and relationship responsibility for a number of the firm’s clients.

Prior to joining Hall Capital Partners in 1998, Mr. Buoymaster worked in the private banking group in the San Francisco office of J.P. Morgan & Co., and previous to that he was a partner in the San Francisco and Palo Alto law firm of Cooley Godward Castro Huddleson & Tatum (now known as Cooley LLP).

John also sits on the Board of Directors of the NPR Foundation and Northern California Public Broadcasting, Inc. (KQED). In addition, he is a member of the Stanford Law School Board of Visitors and serves on the Investment Committee of University High School. John previously served as a director or trustee of various non-profit organizations, including Marin Country Day School, The Little School (San Francisco), Goodwill Industries of San Francisco, San Mateo and Marin Counties, and the Children’s Health Council. He also is a member of the Advisory Board for Kohlberg Investors IV and V, L.P., which are private investment partnerships.

Mr. Buoymaster is a graduate of Williams College and Stanford Law School. He lives in San Francisco and has two adult children.

Davis Campbell

Trustee Emeritus

Davis Campbell served as a Trustee of the Stuart Foundation from 2008 – 2022.

Davis, who retired as Executive Director of the California School Boards Association in 2001, has had a distinguished career in public education. Before directing CSBA (1988-2001), Campbell served as Executive Director of the California Institute for School Improvement and managing partner of SRA Associates (1983-88). From 1977 to 1983, he served as Deputy Superintendent of Public Instruction for the State of California.

Davis maintains a consulting practice in education policy and effective governance at both the state and international level. He is a Senior Fellow and member of the Board of Advisors of the University of California Davis School of Education and a Trustee of the UC Davis Foundation Board of Trustees. He is active in public service serving on the Sutter Davis Hospital Foundation Board, the Yolo County Commission on Mental Health and the California Cities, Counties, Schools Partnership Leadership Council (founding board member).

He has lived in Davis, California since 1965.