DVCRFCLI at aol.com
02-23-1995, 09:55 PM
DELAWARE VALLEY COMMUNITY REINVESTMENT FUND
POSITION DESCRIPTION
DIRECTOR OF DEVELOPMENT
ORGANIZATION:
The Delaware Valley Community Reinvestment Fund (DVCRF) is a nonprofit
community development financial institution that was founded in 1985. The
Fund is involved in three primary activities: raising social investments from
individuals and institutions interested in supporting community renewal
efforts, providing debt financing to community based organizations involved
in housing, economic development, and social services, and providing technical
assistance to nonprofit corporations.
DVCRF is a regional organization. It lends money and provides technical
assistance in the nine-county metropolitan area but targets the majority of
its work to four areas in particular: Philadelphia, Camden, Chester (city),
and lower Bucks County.
The Reinvestment Fund was founded and is governed by three constituencies:
potential and actual borrowers of DVCRF, investors into the Fund, and individu
als with specific technical knowledge critical to DVCRF's operation. The
organizational culture of DVCRF is best conceptualized as an active
negotiation between these three constituencies.
During the past eight years DVCRF has emerged as an important institution in
local community development efforts. Its track record in raising social
investments and lending money has earned it a national reputation. Major
investments have been made by the Ford Foundation, The Pew Charitable Trusts,
and Metropolitan Life, and the MacArthur Foundation.
POSITION SUMMARY:
Since 1985 the Fund has raised more than $12 million from over 650 social
investors, including 130 religious institutions, 110 foundations and
corporations, and 425 individuals. The Director of Development will act to
reinforce and expand this notable record.
As the key fundraiser for the organization, this individual will be expected
to strategically plan and implement creative development policies and
procedures. Long-range goals are to expand the 15mm portfolio to a goal of
25mm over the next 5 years as well as to increase the permanent capital base
of the organization.
Much of the responsibility for initiating new sources of funding as well as
supporting the existing investors will fall to the Director. This includes
not only the planing but also the operating support for this activity.
It is crucial therefore, that the incumbent be skilled in public relations
and marketing techniques as well as fundraising. The annual report,
quarterly newsletter, special investor related events are all seen as
appropriate and necessary support for raising capital.
REPORTING RELATIONSHIPS:
reports to: Executive Director
supervises: A Development Assistant
Support staff as needed
other key relationships: Investor Development Committee
RESPONSIBILITIES:
• Plan, coordinate and implement a broad-based fund raising program.
• Initiate and coordinate a strategic plan to increase funding from a current
level of 15mm to a goal of 25mm over the next five years.
• Launch a campaign to dramatically increase the permanent capital base of
the organization from 2.5mm to 5mm.
• Design and support strategy for soliciting funds from individuals including
correspondence to investors and group and individual presentations.
• Direct and enhance program of corporate, religious and foundation funding
including proposal an grant writing.
• Work with management team on financial reporting systems, grants
management, and investment forecasting.
• Design, write and produce all development materials including individual,
corporate and foundation solicitations, annual report and newsletter.
• Act as an internal consultant by assisting management team in determination
and preparation of promotional activities. Assures consistency with DVCRF
overall public relations plan.
• Plan and coordinate special investor related events including
implementation and promotion.
• Manages Investor Development Committee comprised of both board and
non-board members.
COMPENSATION:
The starting salary for the Director of Development will be between $45,000
and $52,000 depending on experience and qualifications. DVCRF's benefits
program includes full health insurance and an employer contribution to a
pension plan.
AFFIRMATIVE ACTION STATEMENT:
DVCRF is an equal opportunity employer. Women and minority candidates are
especially encouraged to apply.
STARTING DATE:
The Fund expects the Director of Development to be able to begin no later
than May 1, 1995.
Interested parties should send a resume no later than March 15 to our Search
Consultant:
Lee van de Velde
The Conservation Company
1617 JFK Boulevard
Suite 1390
Philadelphia, PA 19103
[No phone calls or e-mail to DVCRF regarding this notice, please. Lee van de
Velde will coordinate all inquiries and contact]
This post transferred from the cdb-l mailing list
POSITION DESCRIPTION
DIRECTOR OF DEVELOPMENT
ORGANIZATION:
The Delaware Valley Community Reinvestment Fund (DVCRF) is a nonprofit
community development financial institution that was founded in 1985. The
Fund is involved in three primary activities: raising social investments from
individuals and institutions interested in supporting community renewal
efforts, providing debt financing to community based organizations involved
in housing, economic development, and social services, and providing technical
assistance to nonprofit corporations.
DVCRF is a regional organization. It lends money and provides technical
assistance in the nine-county metropolitan area but targets the majority of
its work to four areas in particular: Philadelphia, Camden, Chester (city),
and lower Bucks County.
The Reinvestment Fund was founded and is governed by three constituencies:
potential and actual borrowers of DVCRF, investors into the Fund, and individu
als with specific technical knowledge critical to DVCRF's operation. The
organizational culture of DVCRF is best conceptualized as an active
negotiation between these three constituencies.
During the past eight years DVCRF has emerged as an important institution in
local community development efforts. Its track record in raising social
investments and lending money has earned it a national reputation. Major
investments have been made by the Ford Foundation, The Pew Charitable Trusts,
and Metropolitan Life, and the MacArthur Foundation.
POSITION SUMMARY:
Since 1985 the Fund has raised more than $12 million from over 650 social
investors, including 130 religious institutions, 110 foundations and
corporations, and 425 individuals. The Director of Development will act to
reinforce and expand this notable record.
As the key fundraiser for the organization, this individual will be expected
to strategically plan and implement creative development policies and
procedures. Long-range goals are to expand the 15mm portfolio to a goal of
25mm over the next 5 years as well as to increase the permanent capital base
of the organization.
Much of the responsibility for initiating new sources of funding as well as
supporting the existing investors will fall to the Director. This includes
not only the planing but also the operating support for this activity.
It is crucial therefore, that the incumbent be skilled in public relations
and marketing techniques as well as fundraising. The annual report,
quarterly newsletter, special investor related events are all seen as
appropriate and necessary support for raising capital.
REPORTING RELATIONSHIPS:
reports to: Executive Director
supervises: A Development Assistant
Support staff as needed
other key relationships: Investor Development Committee
RESPONSIBILITIES:
• Plan, coordinate and implement a broad-based fund raising program.
• Initiate and coordinate a strategic plan to increase funding from a current
level of 15mm to a goal of 25mm over the next five years.
• Launch a campaign to dramatically increase the permanent capital base of
the organization from 2.5mm to 5mm.
• Design and support strategy for soliciting funds from individuals including
correspondence to investors and group and individual presentations.
• Direct and enhance program of corporate, religious and foundation funding
including proposal an grant writing.
• Work with management team on financial reporting systems, grants
management, and investment forecasting.
• Design, write and produce all development materials including individual,
corporate and foundation solicitations, annual report and newsletter.
• Act as an internal consultant by assisting management team in determination
and preparation of promotional activities. Assures consistency with DVCRF
overall public relations plan.
• Plan and coordinate special investor related events including
implementation and promotion.
• Manages Investor Development Committee comprised of both board and
non-board members.
COMPENSATION:
The starting salary for the Director of Development will be between $45,000
and $52,000 depending on experience and qualifications. DVCRF's benefits
program includes full health insurance and an employer contribution to a
pension plan.
AFFIRMATIVE ACTION STATEMENT:
DVCRF is an equal opportunity employer. Women and minority candidates are
especially encouraged to apply.
STARTING DATE:
The Fund expects the Director of Development to be able to begin no later
than May 1, 1995.
Interested parties should send a resume no later than March 15 to our Search
Consultant:
Lee van de Velde
The Conservation Company
1617 JFK Boulevard
Suite 1390
Philadelphia, PA 19103
[No phone calls or e-mail to DVCRF regarding this notice, please. Lee van de
Velde will coordinate all inquiries and contact]
This post transferred from the cdb-l mailing list