Columbus Public Library Board Meeting Minutes February 2026
Library Foundation Retains D.A. Davidson for Endowment Management
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Description
The Columbus Public Library Foundation continues engagement with D.A. Davidson to manage its endowment funds, currently maintaining an account balance and charging an 85 basis point management fee. The Board discussed ongoing monitoring of fees and investment performance.
Contract Details
Vendor
D.A. DAVIDSON
Agency
City of Columbus, NE
Contract Type
FINANCIAL_SERVICES
Document Date
February 12, 2026
Renewal Info
Management fee arrangement is standard and under potential review; ongoing service with annual fee review.
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