Susan Racher

Vice President and Chief Financial Officer, Wallace H. Coulter Foundation


Susan Racher is Vice President and Chief Financial Officer of the Wallace H. Coulter Foundation, which she joined when the foundation was formed. As CFO, Susan oversees the endowment’s investment portfolio, and oversees tax, accounting, and compliance. In addition, Susan leads the Coulter Foundation’s civic engagement work in Florida. Susan initiated the creation of Florida Counts Census 2020,” a collaboration of philanthropies and non-profits to promote census education and outreach in Florida’s 67 counties. Prior to joining the Foundation, Susan was a Senior Vice President and Senior Managing Director of Bank of America, managing the bank’s Florida office and its $5 billion corporate finance portfolio.   


Susan’s volunteer work focuses on mental health- improving treatment and recovery outcomes for people living with mental illnesses and providing support and education for their families. Her mental health advocacy began following her son’s serious mental illness episode in 2011, as she saw first-hand the stigma, treatment gaps, and fragmentation in our system of care. Susan is currently President of National Alliance on Mental Illness-Miami-Dade; Secretary of the Board and Chair of the Strategic Planning Committee of Thriving Mind Board of Directors; Chair of the Miami-Dade County Public Schools Treasury Advisory Committee; and a member of International Women’s Forum. Susan was named as “Small Foundation Investment Manager of the Year in 2013” by Institutional Investor Magazine; as “Public Citizen of the Year 2017” by the National Association of Social Workers Miami-Dade Chapter; a “Woman of Impact” by the Women’s Fund in 2019 and honored as one of 20 “Inspiring Women of Health” from Dade, Broward, and Monroe Counties, by Health Foundation of South Florida in 2021. She has a B.A. from Smith College in English and Economics, and an M.B.A from the University of Chicago in Finance and Accounting.