Crowder College, Neosho, Mo., hired U.S. Bank as investment manager of its $5 million foundation, said Cynthia Branscum, director of institutional advancement, in an e-mail.
The college issued an RFP in February for the foundation's first external investment manager because of a “change in leadership” at the foundation, Ms. Branscum said at the time.
She would not provide further information.