|
Vice President, Development
Santa Monica, CA
|
|
| |
|
Job Description
Vice President, Development
REPORTS TO: President
DURATION: Regular, Full-Time
LOCATION: Santa Monica, CA
POSITION DELIVERY POINTS
Reporting to the President, the Vice President will positively influence the X PRIZE Foundation’s future by:
* Raising awareness of the X PRIZE Foundation, X PRIZE competitions and X PRIZE competitors among individual donors and foundations;
* Building unrestricted and restricted funding for X PRIZE, its competitions, programs and events through individual giving campaigns, including major gift, planned giving, capital and other activities;
* Designing innovative fundraising mechanisms that could include event-based events, memberships, mass-outreach campaigns, and other unique ways to engage individual donors; developing philanthropic grant proposals; and by him or herself engaging in direct solicitations to individual, philanthropic and other donors;
* Broadening the X Prize Foundation’s appeal amongst nonprofit and government donors, including foundations, charitable trusts, non-governmental and governmental organizations;
* Providing appropriate day-to-day oversight of development activities;
* Supporting the President of the X PRIZE Foundation, as well as the Founder as they represent the Foundation to various constituencies.
The Vice President of Development will lead all individual and foundation fundraising efforts to meet the objectives of the X PRIZE Foundation, and will view all the organization’s activities, prizes, events, contacts and relationships as opportunities to promote the X PRIZE Foundation. The immediate development priorities of the development group is to conclude the $50M Joint the Revolution Campaign to fund annual operations, and drive the 5 year $300M Prize Purse Campaign.
The development team currently consists of the Vice President and two professionals. It is anticipated that the team will sustainably expand to five people working in close collaboration with the marketing, corporate sponsorship and prize teams. While there is certainly a managerial responsibility intrinsic to the work, it is anticipated that the Vice President will be a hands on and deeply involved fundraiser who will cultivate close relationships with major individual donors. The Vice President, President, Founder and Board members of X PRIZE will all be involved in fundraising efforts for the Foundation. This is a highly collaborative, roll-up-your-sleeves environment that focuses on results achieved through initiative, open communication and teamwork. It will be important that the Vice President engages with colleagues and other departments on that basis.
Key factors in success of the Vice President for Development will be the ability to raise public awareness of the X PRIZE Foundation in collaboration with the marketing and communications group, and to develop effective outreach and campaign strategies that connect with individual, foundation and government targets. As part of that effort, the Vice President will utilize an appropriate fundraising support infrastructure so that the organization can respond quickly, effectively, creatively and contextually to financial requirements and to donor interests and opportunities. Capture and reuse of donor information will be important to the overall success of the fundraising effort.
The Vice President of Development’s immediate priorities are to:
* Thoroughly understand the X PRIZE Foundation – its history, culture, traditions, programs, personalities, constituencies, and governance structure; understand its base of financial support and the short- and long-term funding requirements of all segments of the organization; master knowledge of the nature, scope and impact of X PRIZE competitions and programs, as well as their funding requirements;
* Immediately assess the “state of play” of funding within the X PRIZE Foundation, including pending individual and foundation and government giving opportunities and provide support to pending initiatives where appropriate; evaluate current processes and systems that support fundraising initiatives, donor recognition, and campaign management systems, and identify areas of improvement;
* In collaboration with the President and the marketing and communications group, develop a fundraising plan for the X PRIZE Foundation; set targets for individual, foundation and government fundraising efforts; identify staff and board members who will be actively involved in fundraising and define the roles of each; assign targets to individuals and collaborate with them to help the organization reach its fundraising goals;
* Develop strong relationships with, and secure the trust and confidence of, the President, key donors, board members, staff, fundraising and marketing consultants, and others critical to individual and institutional fundraising efforts;
* Establish clear standards for stewardship, donor recognition, and institutional sponsorship, with particular emphasis on the use of logos, brands, naming and other recognition opportunities; ensure successful adherence to grant and restricting giving agreements.
MAJOR RESPONSIBILITIES Counted among the responsibilities of the Vice President for Development will be to:
* Recruit, hire and manage a small team of development professionals and consultants with appropriate communications, individual giving and institutional giving skills and experiences; establish work plans, performance objectives, and goals for each team member and regularly review performance, professional development and training to achieve those goals;
* In collaboration with the President, develop a systematic communications and fundraising plan that addresses the needs and concerns of each prospective donor group;
* Aggressively implement a structured program for fostering strong relationships between targeted institutions and constituencies and the X PRIZE Foundation, involving where appropriate the President, Founders, X PRIZE personnel and members of the Board;
* Develop materials to tell the X PRIZE story to major categories of donors and individual prospects, ensuring that these materials are distributed in a targeted, regular, and timely fashion;
* Collaborate with the President and financial staff of the Foundation in the preparation of annual operating plans and budgets with specific analysis of general funding needs (for staff, marketing activities, operating infrastructure), and restricted giving opportunities (to fund events, capital projects, prizes, etc.); incorporate fundraising targets into the budget of the organization;
* Develop and implement basic guidelines for sponsorship and that will preserve the integrity of the X PRIZE brand and X PRIZE competitions;
* Cultivate donors and relationships with foundation decision makers; engage in direct solicitations.
QUALIFICATIONS
Candidates should have the following type of experience and qualifications:
* Significant nonprofit fundraising, business sales, marketing or equivalent experience in an organization that has a reputation for strategic thinking, organizational excellence, and aggressive action;
* A record of personal success in raising money through major gifts from individuals, businesses, foundations, corporations and the public sector; broad-based knowledge of various development campaign activities including: direct mail, proposal and grant development, planned giving, event planning and management, direct solicitations, leveraging fund-raising databases and support systems for donor segmentation, research and volunteer management;
* A broad knowledge of brand marketing, advertising and public relations with specific experience in structuring sponsorships; demonstrated success with establishing stewardship and donor recognition programs;
* A track record as an exceptional communicator, in writing as well as verbally; adept at writing proposals, solicitation letters, donor correspondence, and other kinds of material for publication; Demonstrated management skills in motivating, directing and managing staff and consultants, and in coordinating and supporting the fundraising activities of others.
PERSONAL CHARACTERISTICS The successful candidate should be:
* A mission-driven individual with a belief in and commitment to the mission of the X PRIZE Foundation to develop revolutionary innovative responses to the challenges of our time; a strong interest in, and passion for, technology, science, business, competition and innovation;
* A good listener and strategist; comfortable receiving input from many sources, and able to analyze and formulate disparate information into a sound, well-organized plan; Intrepid yet tactful; determined yet respectful of other’s concerns; someone with the flexibility and creativity needed to find alternative ways to reach funding objectives when barriers arise; a skilled negotiator who does not drive themselves or others into a corner;
* A charismatic communicator, able to build enthusiasm for the X PRIZE Foundation, its competitions, and for its innovative approach to pushing beyond barriers to human achievement; exceptional verbal and written communication skills;
* A hard worker with a high energy level; a “doer” with a willingness to work hands-on in developing and executing a variety of development and advancement activities;
* Emotionally mature with a very good sense of humor and the flexibility and sensitivity to work with diverse personalities and situations.
X PRIZE and You
This position is currently located one block from the bustling Santa Monica Promenade, minutes from the 10 and 405 freeways, as well as the ocean. We offer a full range of employment benefits including medical, dental, vision, short-term and long-term disability, LIFE/AD&D, and an employee assistant program all paid in full by the organization for our regular full-time employees.
The X PRIZE Foundation was established in 1995, attracting leaders in the fields of Life Sciences (Genomics, Medicine, etc), Space, Energy, Environment, Social Welfare, Automotive Technology and more. This position is for someone who will be dedicated to making an impact here at the X PRIZE Foundation and ultimately in the world at large. We are a small and rapidly growing organization, who will value your ideas and advice and are looking for people who will thrive in our fast paced, small group environment.
X PRIZE CULTURE
Our goals are as lofty as they come; where only through entrepreneurial persistence and visionary thinking are solutions to seemingly insurmountable social, technological and environmental issues made possible.
While we externally strive to create a better world, we are internally working to build a culture that supports the kind of passionate, forward thinking people we need to help deliver radical breakthrough solutions to today's most critical and meaningful challenges. To this end, we are working together to create an environment that fosters learning and growth and encourages creativity, transparency, and diversity.
The X PRIZE FOUNDATION offers a comprehensive compensation package to our employee's, which includes the following benefits:
- Medical Insurance
- Dental Insurance
- vision Insurance
- LIFE Insurance
- Short Term Disability
- Long Term Disability
- Domestic Partner Benefit Coverage
- Year End Discretionary Bonus Program
- Generous Paid Vacation Leave
- Generous Paid Time Off Leave
- 10 Paid Holidays
The X PRIZE FOUNDATION is an equal opportunity employer and does not unlawfully discriminate in employment. Equal access to employment, services, and programs is available to all persons. Those applicants requiring reasonable accommodation to the application and/or interview process should notify a representative of the organization.
Please note: Though submitting a resume to the X PRIZE FOUNDATION implies that you are interested in a position(s), it does not imply that you are an applicant. Furthermore, you are not considered an applicant until you have been contacted directly by a Human Resources representative requesting that you begin the designated application process, which may involve phone and/or in-person interview(s), job-related testing, and background checking.
|
| |
|
Experience Required
10 plus years exp.
|
| |
|
Last Update
July 07, 2008
|
| |
|
Apply for this Job
(You must post your resume to apply for jobs - Post your resume here or Log-in if you already have one.)
|
|
Sign Up For Our Newsletter Packed With Job Alerts, News and Expert Advice
|
