Niagara College seeks managers for endowment, operating cash funds

Niagara College, Welland, Ontario, is searching for at least one manager to run the college's endowment and operating cash funds, according to an RFP posted on the its website.

The endowment fund has about C$12.8 million (US$12.5 million) in assets, and the cash funds typically hold C$15 million to C$25 million, according to the RFP.

Proposals can be submitted for one or both funds. Information about how the funds are now managed could not be learned by press time.

The RFP is available on the college's website. Proposals are due at 3 p.m. EDT March 15. A hiring decision is expected by May 1.

Heather Foote, procurement specialist, declined to answer any questions.