FINANCIAL_SERVICESRECOMMENDED

FFE Recommends Fixed-Income Reallocation to Jennison

The Foundation for Excellence Investment Subcommittee recommended assigning 50% of the endowment’s fixed-income assets to Jennison Associates. The reallocation would occur within existing mandates and increase combined annual fixed-income fees by approximately $40,000.

Document date · September 14, 2026

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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

Scope & details

The full contract record, as filed.

Contract amount
50% of FFE fixed-income assets under existing mandate; approximately $40,000 aggregate annual fee increase for the reallocation
Contract type
FINANCIAL_SERVICES
Contract term
Existing mandates
Renewal
Reallocation within existing mandate; no new term or renewal option stated.
Document type
AgendaPacket
Source document
Kalamazoo Foundation for Excellence AgendaPacket Finance Committee Meeting September 14, 2026

Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the financial services contract by City of Kalamazoo?

Jennison Associates was awarded this financial services contract by City of Kalamazoo, as recorded on September 14, 2026. The contract value is 50% of FFE fixed-income assets under existing mandate; approximately $40,000 aggregate annual fee increase for the reallocation.

How much is the Jennison Associates contract with City of Kalamazoo worth?

The Jennison Associates contract with City of Kalamazoo is valued at 50% of FFE fixed-income assets under existing mandate; approximately $40,000 aggregate annual fee increase for the reallocation, covering financial services work.

What type of contract is this?

This is a Financial Services contract, documented as a agendapacket record.

Where was this contract approved?

This contract appears in Kalamazoo Foundation for Excellence AgendaPacket Finance Committee Meeting September 14, 2026 (AgendaPacket), dated September 14, 2026 from City of Kalamazoo. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Jennison Associates hold?

Jennison Associates may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.

View Jennison Associates's profile

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