<PAGE> 1
Exhibit Q(2)
COMMONFUND INSTITUTIONAL FUNDS
POWER OF ATTORNEY
KNOW ALL PERSONS BY THESE PRESENTS, that the undersigned director
and/or officer of Commonfund Institutional Funds (the "Company"), a business
trust organized under the laws of the State of Delaware, hereby constitutes and
appoints Robert L. Bovinette, Marita K. Wein and John W. Auchincloss, and each
of them singly, his true and lawful attorney-in-fact and agent, to sign for him
and in his name, place and stead, and in the capacity indicated below, to sign
any and all registration statements and all amendments thereto relating to the
offering of the Company's shares under the provisions of the Investment Company
Act of 1940 and/or the Securities Act of 1933, each such Act as amended, and to
file the same, with all exhibits thereto, and other documents in connection
therewith, with the Securities and Exchange Commission, granting unto said
attorney-in-fact and agent, full power and authority to do and perform each and
every act and thing requisite or necessary to be done in and about the premises,
as fully to all intents and purposes as she might or could do in person, hereby
ratifying and confirming all that said attorney-in-fact and agents, or any of
them, or their substitute or substitutes, may lawfully do or cause to be done by
virtue hereof.
IN WITNESS WHEREOF, the undersigned has hereunto set his hand and seal
as of the date set forth below.
/S/DAVID M. LASCELL Date: DECEMBER 4, 2000
---------------------------
David M. Lascell, Director
