The University Medical Center Foundation of El Paso and the El Paso Children’s Hospital Foundation are jointly issuing a Request for Proposal (RFP) to identify a qualified and experienced investment management firm. This strategic partnership will play a critical role in ensuring the long-term financial health and growth of our philanthropic assets, which support the region’s most essential healthcare services.
Both of our foundations are entrusted with generous donations from individuals, organizations, and community partners who believe in advancing health and wellness in the Paso del Norte region. Proper stewardship of these gifts is not only a fiduciary responsibility, it’s a reflection of our values and commitment to the patients and families we serve.
We are inviting proposals from firms that have:
- Deep experience in managing endowments and institutional nonprofit portfolios
- A strong understanding of healthcare-related philanthropic funds
- A forward-thinking, risk-conscious investment approach
- Proven performance and strong client service
Download RFP Materials
Please carefully review the documents below to better understand the scope of services and expectations. These documents outline our objectives, desired qualifications, and the criteria by which proposals will be evaluated.
Prospective Bidder Information
RFP for Investment Management Services (PDF)
Key Dates & Submission Details
- RFP Issued: Monday, July 7, 2025
- Proposal Deadline: Friday, August 1, 2025 at 5:00 p.m. (MST)
- Submission Format: Electronic only
- Submission Method: Email
Submit Proposals To:
Rebecca Friesenhahn
Director of Operations
Rebecca.Friesenhahn@umcelpaso.org
915-521-7229 ext. 80515
What We’re Looking For
We are looking for a true partner, not just a vendor. The selected firm will work closely with leadership across both foundations to:
- Develop and manage investment strategies that align with our mission and values
- Provide regular, transparent reporting on portfolio performance and risk
- Advise on long-term planning and asset allocation
- Help maximize the impact of donor gifts for years to come
Join Us in Making a Difference
Your expertise can help sustain and grow the impact of two vital healthcare foundations in the El Paso community. If your firm shares our commitment to excellence, we encourage you to submit a thoughtful, competitive proposal. Thank you for your interest in partnering with us to shape a healthier future for the region.
About Us
The University Medical Center Foundation of El Paso and El Paso Children’s Hospital Foundation are nonprofit 501(c)(3) organizations dedicated to securing and managing charitable support for their respective hospitals. These hospitals provide life-saving care to patients across West Texas, Southern New Mexico, and Northern Mexico regardless of their ability to pay. Together, we believe that wise investment management is essential to honoring the trust of our donors and sustaining our mission for generations to come.