Multi-Asset Class Portfolio Management Services - Colorado Mesa University RFP-CMU-16-2550 Foundation Investment Manager

Colorado Mesa University » RFP-CMU-16-2550 Foundation Investment Manager

The information below is a summary of solicitation number RFP-CMU-16-2550 Foundation Investment Manager posted by Colorado Mesa University.  As a reminder, this solicitation is closed and responses are no longer being accepted.

Multi-Asset Class Portfolio Management Services

Date Issued: 05/31/2016

Deadline: 06/30/2016  prior to 11:00 AM   M.D.T.

Requisition Number:

Delivery Point: Grand Junction, CO

Delivery Date: September 1, 2016

Type of Purchase: Term: Unspecified

Construction Related: No

Type of Response Allowed: Hard Copy Only

Issuing Agency: Colorado Mesa University

Using Department: Colorado Mesa University Foundation

Special Notices: No special notices were chosen.

ACCEPTING VENDOR QUESTIONS:

Due Date: 6/7/2016 2:00:00 PM M.D.T.

Primary Contact Name: Ms. Suzanne Ellinwood

Title: Purchasing Manager

Email: sellinwo@coloradomesa.edu

SUMMARY OF SPECIFICATIONS:

The Colorado Mesa University Foundation was established in 1961 to receive and solicit charitable gifts for Colorado Mesa University. Today, the Foundation has established an endowment of more than $24,000,000. There are over 250 named scholarships providing more than $1,100,000 in financial aid to CMU students every year. The organization is also active in raising substantial gifts to support academic programs and capital expansion. Foundation leadership works closely with the University President to help address the institution’s advancement priorities. The CMU Foundation serves as a charitable non-profit organization under Internal Revenue Service 501 (c) (3) designation, and retains fiduciary responsibility for the investment of the funds entrusted to it.  Colorado Mesa University is a regional public institution established to serve the educational needs of Western Colorado.  Located in Grand Junction, the University offers baccalaureate and associate degrees, certificate programs and a limited number of graduate programs.   Investment Managers are requested to base their proposals (see Scope of Services in the RFP) on providing long term investment returns in excess of the endowment spending rates.  

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