Missouri Southern Foundation, Joplin, Mo., is searching for one or more investment managers, confirmed Elizabeth Ebert, development business manager for Missouri Southern State University.
The $15 million foundation is conducting the search to “ensure that the investments made by our donors are managed to the maximum potential for the students of the university,” Ms. Ebert wrote in an e-mail.
Current managers UMB Bank and U.S. Bank are invited to rebid, she wrote.
Proposals are due at 5 p.m. CST on Dec. 2. The foundation's investment committee plans to make selections at its meeting on April 24, 2014.
Copies of the RFP can be requested by calling JoAnn Graffam, executive director, at 417-625-9396 or e-mailing her at [email protected].
Ms. Graffam was unavailable to provide further information by press time.