Laurance (Laurie) Hoagland was born in Omaha, Nebraska to Laurance R. Hoagland, Sr. and Naomi C. Hoagland. He credited his parents with providing a wonderful childhood and imbuing him with many of the positive traits he exhibited throughout his life. He loved his hometown and was a proud graduate of Omaha Central High School.

He attended Stanford University, and there met Grace "Gay" M. Hoagland, the true love and the foundational relationship of his life. In addition to his AB degree in Economics at Stanford, Laurie earned an M.A. degree in Philosophy, Politics and Economics as a Marshall Scholar at Oxford and an MBA from Harvard Business School.

Laurie's investment career spanned 55 years and six institutions, during which his patient, long-term focus and intellectual rigor earned him the sobriquet of the "other sage of Omaha". His long career built a legacy of superior returns, robust investment organizations and the mentoring of a new generation of endowment managers. Among his unsung achievements are the many women now in senior leadership in the investment world whom he hired and mentored.

He began his career managing stock and bond portfolios for Irwin Management Company in Columbus, Indiana, where he was fortunate to be part of a remarkable investment team, resulting in an ideal environment to learn the business, before moving to become the Treasurer and Chief Pension Officer at Cummins Engine Company. Columbus is where he and Gay raised their four sons, Laurance (Lee), Craig, David and Edward (Ted), who will forever feel privileged to have grown up with Laurie's daily embodiment of integrity, dedication, organization, skilled listening, unwavering support and unconditional love.

In 1980, David Anderson offered Laurie the life changing opportunity to co-found Anderson, Hoagland and Company, an investment management firm in Saint Louis, where Lee and Craig work to this day. His partnership with David was a fortuitous mix of learning, fulfillment and success, with assets under management growing from $7 million to over $300 million by 1991. This made for a very difficult decision when Laurie's beloved alma mater asked him to head the Stanford Management Company and oversee the management of the school's endowment. He answered that call, believing it to be the best way to maximize his positive impact, and was deeply committed to creating a team that would serve Stanford and its mission well. He deeply respected and loved being part of that team.

Laurie was one of the early pioneers of strategic asset management in the endowment industry. During his nine year tenure, the endowment grew from $1.9billion to $8.6 billion, an 18.4% annualized return which not only grew the endowment corpus but attracted significant new gifts to the University During this time the endowment distributed $1.5 billion to support the University. His devotion to Stanford was lifelong- including 20+ members of his family who attended the University, his passion for Stanford sports,and his philanthropic gifts which include an endowed professorship and a teaching fellowship.

After a brief retirement/sabbatical, he joined the William and Flora Hewlett Foundation in 2001. As with Stanford, he had both a strong legacy to build on and a clean slate, as the foundation's assets expanded significantly after the death of Hewlett Packard co-founder William Hewlett. Laurie turned his attention to building an investment portfolio and staff that would rival that of the best endowments. He proudly felt that he was overseeing the "engine room" that powered the foundation's mission goals. During his twelve year tenure, the Hewlett Foundation grew from $3.7 billion to $7.8 billion and distributed $3.8 billion in grants. After his time at the Hewlett Foundation, Laurie once again "failed retirement" and worked as an advisor to Jasper Ridge Partners until his ultimate retirement.

One part of Laurie's legacy that afforded him meaningful friendships and fulfillment was his service on investment advisory committees and boards. He has served as: Chairman of the Board of the Commonfund; as a member of boards of the Berkeley Endowment Management Company, the Lucile Packard Foundation for Childrens' Health, and the Louisville Presbyterian Theological Seminary; as Chairman of the Investment Advisory Committee of the Howard Hughes Medical Institute; and as a member or advisor to the investment committees of the Rockefeller Foundation, the Carnegie Corporation of New York, the David and Lucile Packard Foundation, the California Institute of Technology, and the Kamehameha Schools.

A man of few words, Laurie was legendary for his silences, leading to a well-received parody of "The Sound of Silence" at one of his retirement celebrations. He listened more than he spoke and read deeply, with an astonishing recall for detail. He was strategic rather than tactical and focused on the long term, which led him to emphasize governance and strategic thinking over short termism.

In addition to his parents, Laurie is predeceased by his sister, Jayne Hoagland, and his brother, Peter Hoagland. In addition to his immediate family, he is survived by his daughters-in-law, Gina, Jessica, Suzanne and Michelle and his grandchildren, Keith, Nathan, Simone, Jackson, Mack, Josephine, Ty and Sam Hoagland; and Bergen and Theo Zimney.

In lieu of flowers the family suggests contributions to World Central Kitchen Ukraine, or Save the Redwood League (Environment ) or The Cure Alzheimer's Fund (critical research).