05/11/2026
The Rowan College of South Jersey Foundation is pleased to announce the issuance of a Request for Investment Advisory Proposals (RFIP) as part of a routine review of its investment management services.
The Foundation currently manages approximately $7.6 million in assets, including endowment and quasi-endowment funds, scholarship funds, and board-designated reserves. We are seeking proposals from qualified investment advisory firms with experience serving nonprofit and endowment clients.
This review is being conducted following a recent merger involving the Foundation's current advisory firm. It is not being initiated for cause and does not reflect dissatisfaction with current services. All qualified firms — including the Foundation's current interim advisory firm — are invited and encouraged to submit a proposal and will be evaluated on equal terms.
Proposals are due by May 29, 2026. Key dates are as follows:
RFIP Issued: May 8, 2026
Deadline for Written Questions: May 18, 2026
Submission Deadline: May 29, 2026
Committee Review & Finalist Interviews: Early June 2026
Board Consideration / Final Selection: June 19, 2026
The full RFIP can be viewed by visiting https://www.rcsj.edu/legalnotices . It outlines the scope of services requested, proposal requirements, evaluation criteria, and submission instructions.
All questions regarding this RFIP must be submitted in writing to me no later than May 18, 2026. Responses to all questions received will be compiled and distributed to all participants and prospective respondents within three (3) business days following the question deadline.
Proposals may be submitted electronically in PDF format to [email protected] or mailed to:
Sarah Palese
RCSJ Foundation
1400 Tanyard Road
Sewell, NJ 08080
Rowan College of South Jersey (RCSJ) is reimagining community college: the only college to offer Rowan Choice, earn a Bachelor's for less than $30,000 with 3+1, and major in one of 120 degree programs.