Comprehensive Review Process Reflects Foundation’s Commitment to Excellence and Strategic Growth
[Barberton, June 2, 2025] – Barberton Community Foundation (BCF) has announced the issuance of a Request for Proposal (RFP) to select an investment consultant to advise on the Foundation’s investment portfolio. This process underscores BCF’s ongoing commitment to the highest standards of fiduciary responsibility and investment excellence.
The decision to conduct this RFP reflects several key factors that position the Foundation for continued success. It has been five years since the Foundation’s last consultant selection process, making this review both timely and prudent under established best practices for institutional investment management. Additionally, the Foundation’s leadership team has evolved, bringing fresh perspectives and strategic vision that warrant a thorough evaluation of consultant partnerships.
“This RFP process represents a natural progression in our commitment to excellence,” said Josh Gordon, Executive Director at the Foundation. “Our leadership team is focused on ensuring that every aspect of our investing aligns with our mission and serves the Foundation’s best interests now and into the future.”
The consultant selection process will run parallel with the development of BCF’s new strategic plan, ensuring that the chosen firm is well-positioned to support the Foundation’s goals.
The Foundation’s approach emphasizes thorough research and evaluation, transparency, and alignment with organizational values and long-term objectives. Proposals will be evaluated on a range of criteria, including investment philosophy, analytical capabilities, service delivery, performance, and cultural fit with BCF’s mission.
“We view this process as an opportunity to strengthen our investment portfolio and ensure we have the right partnership in place to navigate today’s complex market environment,” added Tiffany Peters, Director of Finance. “Our stakeholders can be confident that this review reflects our proactive approach to governance and our unwavering focus on achieving superior long-term results.”
The RFP process is expected to conclude in late 2025, with the selected firm beginning shortly thereafter. The Foundation team has a transition plan to ensure continuity of portfolio management throughout the transition.