Request For Proposal Opportunity

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

 

Investment Policy

 

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.