Investment Consulting Services

UNT Health Foundation

RFP#2026-01

The UNT Health Foundation (“the Foundation”) seeks proposals from qualified investment consulting firms to provide comprehensive advisory services for the Foundation’s long‑term assets. The selected consultant will advise the Board and Investment Committee on asset allocation, manager selection, performance measurement, and best‑practice nonprofit investment governance.

REQUEST FOR PROPOSAL

1. Scope of Services

• Assists the Investment Committee in developing investment policy and objectives, including asset class choices, asset allocation targets, benchmarks, and diversification of risks in consideration of Foundation programs, cash flows, and other requirements.
• Provides the Investment Committee with objective information on a broad range of investment managers specializing in the asset classes approved or under consideration by the Board.
• Monitors the performance of the Foundation’s investments and provides regular reports to the Investment Committee.
• Acts as liaison between the Investment Committee and any outside investment manager(s), consultants, or other advisors in receiving and responding to inquiries, referrals, and solicitations.

 2. Foundation Profile

The purpose of the UNT Health Fort Worth Foundation is to support and advance, in a tangible manner, the educational, research, and community service goals of UNT Health Fort Worth. Through philanthropic gift solicitations, the Foundation provides financial support to UNT Health Fort Worth. It holds or passes through, dependent upon the circumstances, all gifts, whether they are for endowments or for current expenditure of a particular program.

• Organization: UNT Health Foundation
• Type: Nonprofit supporting UNT Health Fort Worth
• Approximate Assets: $155 million

3. Investment Objectives

Long-term Growth of Capital

The Foundation's primary investment objective is long-term capital growth. It is recognized that short-term fluctuations in capital markets may result in capital losses (i.e., negative returns). However, the Foundation's total asset value, exclusive of contributions or withdrawals, should grow over the long run. The investment portfolio should earn, through a combination of investment income and capital appreciation, a rate of return in excess of a balanced market index while incurring less risk than such index. The long-term growth of capital should also exceed the spending policy plus any management fee.

Preservation of Capital

The secondary investment objective of the Foundation is to preserve the fund's principal value to fulfill its present and future needs. The Board intends to maximize the portfolio's total return, comprising income and net realized and unrealized gains and losses. This objective should be accomplished by assuming a prudent level of risk in the investment of the Foundation assets.

4. Proposal Requirements

• Firm overview
• Team qualifications
• Investment philosophy
• Reporting capabilities
• Fee structure
• References

5. Evaluation Criteria

Proposals will be evaluated based on experience, quality of advisory process, team depth, reporting, fees, and independence.

6. RFP Timeline

All proposals must be received on or before the Submittal Deadline, 4:00 p.m. CST, January 30, 2026.

Please respond to the RFP questions in the order presented and limit your proposal to thirty (10) typed written pages.  Appendix items, if any, are not limited.

The UNT Health Foundation is not responsible for any costs incurred by any Firm responding to the RFP. All responses will be kept confidential.

Each proposal must remain valid for the UNT Health Foundation for a minimum of sixty (60) days after the Submittal Deadline to allow time for evaluation and selection.

All data/material developed or acquired by the Firm as a result of work under the RFP shall be the property of the UNT Health Foundation. No material or reports prepared by the Firm shall be released to the public by the Firm without the prior written consent of the UNT Health Foundation’s Executive Director or designee.

Firms will direct all questions regarding this RFP by email to the Executive Director of the UNT Health Foundation.  Questions or concerns must be received by email no later than January 22, 2026, 10:00 a.m. CST.

• 01/02/2026    Official issuance of RFP
• 01/22/2026    Deadline for questions
• 01/30/2026    Submittal Deadline

The following portion of the timeline is subject to change without notice:

• 02/06/2026   Notify finalists and schedule presentations
• 02/13/2026    Presentations completed
• 02/20/2026   Notify selected Firm and initiate contract/agreement

7. Submission Instructions

Submit proposals electronically in PDF.

RESPONSES MUST BE RECEIVED BEFORE: 4:00 p.m. CST, Friday, January 30, 2026

PROPOSALS MUST BE SUBMITTED ONLINE

Submit your proposal

8. Terms and Conditions

The Foundation reserves the right to reject any or all proposals and request additional information from finalists.

9. Questions

All questions should be directed to Dr. Kimberly Russell, Executive Director (kimberly.russell@unthealth.edu)

10. Governance, Fiduciary Standards, and Compliance

The investment consultant must comply with UNT System governance expectations and operate as a fiduciary.

• Fiduciary Duty: Consultant must act under the Prudent Investor Rule (Texas Trust Code Chapter 117 / TUPMIFA).
• Conflict of Interest: Full disclosure required; no compensation from managers or affiliated parties.
• Compliance: Must adhere to UNT System requirements, UNT Health Fort Worth policies, and regulatory standards.
• Governance Support: Provide reporting suitable for the Investment Committee, Board, and UNT System oversight.
• Records & Confidentiality: Maintain records per Texas standards; comply with Texas Public Information Act.
• Legal Compliance: Consultant must comply with the Investment Advisers Act of 1940 and all applicable regulations.

Submit your proposal