Mt. Pleasant Area Community Foundation

For good. For ever.

306 South University Avenue Mount Pleasant, MI, 48858 United States

(989) 773-7322

Our mission is to enhance the quality of life for all citizens of Isabella County, now and for generations to come, by attracting and holding permanent endowed funds from a wide range of donors, addressing needs through grant making and providing leadership on key community issues.

Foundation RFP for Investment Management Services

April 02, 2018  /  Guest User

The Mt. Pleasant Area Community Foundation (MPACF) has more than $20,000,000 in endowed assets and is requesting proposals for custody and investment management services from qualified financial service organizations. Proposals must be submitted to our office by 5:00pm on June 4, 2018 in the format provided in the Request for Proposals (RFP).

Our timeline is as follows:

April 2                         RFP posted online at www.mpacf.org

June 4                         Proposals submitted to MPACF

June 19                        Finance Committee determines 3-5 providers to invite for presentations

July/August                 Presentations from providers to Finance Committee

September 18              Finance Committee recommendation made

October 25                  Board of Trustees selects service provider(s)

One original proposal with signatures, and ten (10) additional copies for review by our Finance Committee, must be submitted.

Some of our assets have been managed by Fund Evaluation Group (FEG) since 2004, and by Isabella Bank/Financial Counselors, Inc. (FCI) since 2011. It is our policy to seek competitive proposals from investment management service providers every 5-7 years.