Fresno Regional Foundation, Fresno, Calif., is searching for an investment consultant, said Hugh Ralston, the foundation’s president and CEO.
The $62 million foundation is seeking proposals from firms that provide discretionary or non-discretionary investment consulting services. Current consultant SEI, which is invited to rebid, has “some fiduciary responsibility,” Mr. Ralston said.
He said the foundation issued the RFP because it had been about 10 years since the services were last put up for bid.
The RFP is available on the foundation’s website. Proposals are due Sept. 28. Proposals will be reviewed in October, with a decision expected shortly thereafter.
