Wildwood Programs, Schenectady, N.Y., is searching for an investment manager to run all of the assets in Wildwood Foundation, confirmed Gary Milford, chief financial officer.
Incumbent Hugh Johnson Advisors is invited to rebid. It has been the sole manager for more than 10 years. Mr. Milford said RFPs are issued every three to five years.
The foundation has a combined $4.5 million in assets among several endowment funds.
The RFP is available on the non-profit's website. Proposals are due at 4 p.m. EDT May 10. A hiring decision is expected on June 18.