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mendocino-college-foundation-executive-minutes-24-25-budget-student-housing-land-mar-12-2024_9ad.md

Foundation Continues Investment Management Contract with Main Street Research

Mendocino CollegeMAIN STREET RESEARCHMarch 12, 2024

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Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo

Description

The Mendocino College Foundation Executive Committee reviewed the ongoing performance-based fee structure with Main Street Research for investment management. The Finance Workgroup deemed the existing arrangement appropriate and plans to reassess as the endowment grows.

Contract Details

Vendor

MAIN STREET RESEARCH

Agency

Mendocino College, CA

Contract Type

FINANCIAL_SERVICES

Document Date

March 12, 2024

Renewal Info

Fee structure to be re-evaluated as endowment approaches $12-$13 million. No current changes or renewal action taken.

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