Company: Reinvestment Fund
Location: Philadelphia, PA
Job Function: Fundraising
Headquartered in Philadelphia, Reinvestment Fund operates nationally with regional offices in Baltimore, MD, and Atlanta, GA. Reinvestment Fund is a national mission driven financial institution that creates opportunity for underserved people and places through partnerships. We marshal the capital, analytics, and expertise necessary to build strong, healthy, and more equitable communities.
As a federally certified community development financial institution (CDFI), our job is to make finance an agent of positive change and equitable growth. We provide loans, grants and technical assistance to businesses and nonprofits. Our borrowers and grantees educate students, support local economies, and create jobs. They build affordable housing and provide community goods and services that include access to nutritious food, hunger relief, physical and mental health care, and other social services.
At Reinvestment Fund, you’ll be part of a talented and passionate team of communicators and business development staff, lenders, portfolio managers, analysts, grant program managers, accountants, and policy researchers who bring their unique talents to our mission.
Reinvestment Fund is currently undergoing a multi-year race, equity, and inclusion organizational change process, and we are seeking candidates who share a commitment to advancing racial equity and anti-racism and are prepared to engage in that work.
This role is available to applicants located within proximity to one of Reinvestment Fund’s locations in Philadelphia, Baltimore, or Atlanta. We are also open to a remote work arrangement.
Reinvestment Fund is currently hiring a Director of Fundraising and Development within the Department of Development and Innovation to drive fundraising strategy and implementation to meet organizational goals and budgets for lending and programmatic initiatives. While this work includes prospecting and developing relationships with potential funding sources as well as stewarding relationships with existing funders, greater emphasis will be placed on writing proposals and preparing reports as needed for a range of funding opportunities. Other responsibilities include messaging development, special event support, leveraging communications to support fundraising, and investor relations.
This is an excellent opportunity for a self-motivated individual with both a team approach and systems-oriented thinking and skills to help grow and further develop the organization’s fundraising activities and processes. The successful candidate will have experience managing multi-faceted projects involving internal and external constituents; excellent analytical, interpersonal, organizational, and writing (persuasive and informational) skills; and the exercise of discretion and independent judgment. The Director of Fundraising and Development will report to the Chief Impact, Development and Innovation Officer.
Manages and oversees a staff member supporting development activity, as well as third-party consultants. Serves as the central connecting point for all fundraising across the organization, enabling the efficient exchange of quantitative, qualitative, and anecdotal information about opportunities and funders. Works with program leads to evaluate funding prospects as well as develop and transform ideas into fundraising concepts and proposals. Channels will include government, philanthropic, institutional, and retail fundraising.
Proposal Development (50-60%)
Combines a broad understanding of the Community Development Financial Institutions (CDFI) sector, institutional history and programs with messaging that cohesively positions Reinvestment Fund to secure funding for a variety of lending and programmatic purposes. Serves as the central organizational voice for funding applications, ensuring a unified message. Establishes timelines and work distribution for the successful development of funding proposals or other materials to present to potential funders. Stewards proposals through the full range of activities required to prepare and submit to foundation, public, and corporate sources. Works with program and product leads to develop goals and objectives of proposal funding sources and outline how funds are to be used. Works with fiscal personnel in preparing narrative justification and other budgetary expenditures for appropriate submission of proposals. Ensures grant applications are written according to the format required, and ensures all requirements, including related compliance, are met for submission of application to funding agency or foundation.
Portfolio Management (5-10%)
Maintains a grant calendar based on internal pipeline, research, and past funding history. Plans, tracks, and monitors assigned proposals, including deadlines, and requirements. Analyzes development efforts – results and progress toward specifically identified objectives. Supports reporting to comply with requirements on existing grants. Reporting will often include research and analysis of program data and outcomes. Keeps abreast of community development trends relevant to Reinvestment Fund’s fundraising goals.
Relationship Management: (10%)
Facilitates the development of relationships with funders through presentations, personal meetings, regular communications, or arranging for meetings with Reinvestment Fund management and/or programmatic staff. Utilizes Salesforce as the primary tool for CRM and the tracking of outcomes and metrics due to our investments. Guides implementation of Salesforce and other tools that support investor relations and development.
Leverages communications, digital marketing, and social media activities to increase Reinvestment Fund’s influence and reach to potential funders and investors. Collaborates with communications team on messaging and products to support fundraising and promote organizational visibility and public relations.
- Fundraising: A proven track record in successful fundraising is necessary for this position. Experience in grant writing for federal and philanthropic funding opportunities is required. Fundraising experience for CDFI sector is a plus.
- Project and Timeline Management: Strong organizational and project management skills that reflect ability to perform and prioritize multiple tasks seamlessly with excellent attention to detail. Problem-solving orientation and solution mindset.
- Writing and Communications: Excellent persuasive writing skills. Ability to use research and data to craft compelling proposals. Ability to edit and proofread with attention to grammar, accuracy, and consistency.
- Systems Orientation: Comfort with using multiple database systems. Ability to manage, organize, or provide reports on Reinvestment Fund’s investors, customers, projects, or outcomes.
- Mission: Demonstrated interest in or experience with one or more of Reinvestment Fund’s program areas including food systems, community development, sustainability, or education. Familiarity with financial analysis, lending, loan structuring a plus, or willingness to receive training on the job.
- At least 5 years relevant experience preferred.
- Proficient in MS Office – Word, Excel, Powerpoint. Familiarity with Salesforce, Mailchimp, WordPress, or other CRM, email marketing, and website platforms a plus.
Compensation and Benefits
Reinvestment Fund offers a competitive salary based on experience and skills, as well as an excellent benefits package including employer-paid health, disability and life insurance, 401(k) retirement savings plan with employer match, flexible spending accounts (medical, dependent care), commuter benefits, tuition reimbursement, paid time off, and EAP program.
How to Apply
Please complete the online application by following this link Director of Fundraising and Development and attach your resume and a cover letter.
Reinvestment Fund uses E-Verify to validate all new hires’ ability to legally work in the United States. Reinvestment Fund is an Equal Opportunity Employer. Reinvestment Fund does not discriminate in hiring or employment practices on the basis of race, color, religion, gender, age, sexual orientation, marital or familial status, national origin, non-job related disabilities, or status as a veteran.
Reinvestment Fund, Inc. has an affiliate, RF Impact Advisers, Inc. (“RFIA”) that is a state-registered investment adviser. In order to advance compliance with and prevent violations of federal and state securities laws and to avoid even the appearance of a conflict of interest, RFIA has adopted a Code of Ethics to govern certain conduct of its staff, including certain staff of Reinvestment Fund because Reinvestment Fund is an advisory affiliate of RFIA. As part of this Code of Ethics, there are specific personal reporting and other requirements and disclosures of personal financial and/or securities transactions information. For certain individuals, this reporting will extend to your household members. You may be subject to a background check.