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Director of Resource Development

Company: TruFund Financial Services, Inc.
Location: New York
Posted on: March 14, 2018

Job Description:

Job DescriptionCompany Overview:TruFund Financial Services, Inc. (“TruFund”) is a is a 501(c)(3) Community Development Financial Institution (CDFI), certified by the U.S. Treasury Department’s CDFI Fund. Headquartered in New York City, our mission is to promote and foster economic development within underserved communities and among disadvantaged populations. As a not-for-profit, mission-driven entity, we offer access to affordable loan capital and business development services to small businesses and not-for-profit organizations that are financially viable but have difficulty accessing affordable capital from banks or other conventional lenders. We also have field offices in Louisiana (New Orleans and Baton Rouge) and Alabama (Birmingham).Position Summary:Reporting to the President the Director will supervise a full-time grant writer and a part-time research & data specialist that will also provide administrative support for grant related systems and maintenance. S/he will be part of the Senior Management team and will work in tandem with the President, the Board of Directors and Senior Management to identify, pursue and cultivate external opportunities that present viable funding sources and match TruFund’s mission, goals, objectives, and priorities.The Development Director will also be expected to reach out to and work with the philanthropic community in the creation and administration of the overall fundraising and resource development strategy for the organization.Primary Job Functions:Responsible for researching and producing competitive grant proposal narratives and developing comprehensive budgets and budget narratives that secure funding to support the mission, goals, and strategic priorities of TruFund to secure funding from diverse federal, state, local, and private funding sources. Manages the successful stewardship of major contributors to ensure 100% retention of major donors and supporters. Create a long-term fundraising strategy

  • In conjunction with the president, board of directors, EVP and managing directors, create a long-term fundraising plan and strategy to meet TruFunds financial and mission goals. Serve as fundraising liaison to the Board of Directors; assist the Board Chair in setting Board fundraising targets; and along with the President, staff the Board Development Committee.
  • Develop and implement a major donor cultivation strategy, including identifying opportunities for the President and EVP to cultivate potential major donors.
  • Evaluate fund raising opportunities within the context of a changing fundraising environment.
  • Understand TruFund’s competition and comparative advantage to build development strategy.
  • Move development capacity beyond restricted contributions to include unrestricted efforts.
  • Establishes strong relationships with external constituents and promotes partnerships in seeking and securing external resources, (e.g., Private Funding Sources, Federal, State & City agencies) and work cooperatively with them in the pursuit, development, implementation, management and evaluation of grants. Develop fundraising infrastructure and systems
    • Research, select, implement, and maintain an appropriate database for existing and potential donors. Oversee the input of existing and potential donor lists.
    • Develop and maintain a comprehensive calendar of development activities, including deadlines for foundation/corporate proposals and reports.
    • Produce annual and multi-year development budgets including expense structure and revenue targets. Assumes primary post-award responsibility. Works collaboratively with internal constituents (Fiscal, Lending, and Legal/Compliance) and provides in-house training and technical assistance on post-award startup activities to ensure effective grants management, compliance, and quality control.
    • Participates in the development of a set of core outcomes and measures. Works collaboratively with Senior Management to track and report quarterly, semi-annual and annual performance measures to ensure full compliance and performance against project proposal funding requirements. MINIMUM QUALIFICATIONS:Knowledge, Skills, and Abilities: Has working knowledge of grant proposal writing and budgeting techniques, monitoring and compliance procedures, federal funding sources, and related governmental rules, guidelines and regulations. Has basic proficiency in the use of the Microsoft Office suite. Exhibits strong skills in:
      • Leadership
      • Project Management
      • Organizing
      • Building Relationships
      • Planning
      • CommunicationEducation: Bachelor’s Degree required; Master’s Degree preferred.Experience:
        • Minimum of 3 years of experience in successful grant development and monitoring preferably in the CDFI or nonprofit space.
        • Experience identifying fundraising opportunities, including foundations, corporations, major donors, and other individuals. With a proven track-record achieving restricted and unrestricted fundraising goals.
        • Success defining and building systems and staff capacity (including identifying and implementing transactional fundraising software).
        • Strategic planning capacity to identify and meet long-term goals.
        • Demonstrated leadership and collaborative senior management decision-making capability.
        • Excellent written and oral communication skills.Application Process: We appreciate all responses, but due to the volume of applications we receive, we are not able to give status updates, but if you are invited for an interview, you will be contacted by a member of TruFund staff.TruFund Financial Services is proud to be an Equal Opportunity Employer.Salary commensurate with experience and qualifications.E-Verify Employer. Company DescriptionCompany Overview:TruFund Financial Services, Inc. (TruFund) is a national Community Development Financial Institution (CDFI) with offices in New York City; New Orleans and Baton Rouge, Louisiana; and Birmingham Alabama. TruFund seeks to stimulate economic development in communities that are underserved by traditional banking institutions by providing affordable capital, hands-on technical assistance and innovative solutions to small businesses, nonprofit organizations, real estate developers, and other CDFIs. In the largest single round in the history of the New Markets Tax Credit (NMTC) Program since its creation in 2001, TruFund Financial Services, Inc. was recently awarded $55 million to spur economic and community development in distressed and low-income communities.Learn more about TruFund at

          Keywords: TruFund Financial Services, Inc., New York, Director of Resource Development, Executive, New York, New York

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