What are the responsibilities and job description for the Chief Development Officer position at Generous Jill?
Job Title : Chief Development Officer (CDO)
Please ensure you read the below overview and requirements for this employment opportunity completely.
Reports To : Chief Executive Officer (CEO)
Location : New York City - Hybrid
Position Type : Part-Time, Exempt, Full-Time if Necessary
Organization Overview :
Generous Jill is a nonprofit hospitality and housing organization committed to creating and sustaining social need initiatives such as affordable supportive housing solutions for vulnerable populations in New York City. Through innovative partnerships, sustainable business investments, and comprehensive housing services, we aim to address the pressing needs of low-income individuals and families, while generating profits through hospitality ventures to support our mission-driven initiatives.
Position Summary :
The Chief Development Officer (CDO) will play a key leadership role in shaping the organization’s capital development, fundraising, and partnership strategies. This individual will be responsible for driving private and public funding efforts, building relationships with key stakeholders, and securing the capital necessary to support business investments that generate revenue for nonprofit cause-based initiatives, including supportive affordable housing.
The CDO will lead efforts to diversify funding streams, develop large-scale investment strategies, and oversee all aspects of fundraising to ensure sustainable growth and impact. They will work closely with the Managing Director, Board of Directors, and leadership team to implement initiatives that align with the organization’s mission and strategic goals.
Key Responsibilities :
- Capital Development and Fundraising :
- Develop and execute a comprehensive fundraising strategy that includes securing investments, grants, private donations, and public funding to support both business ventures and nonprofit initiatives.
- Cultivate and maintain relationships with a diverse group of funders, including private equity, hedge funds, government agencies, philanthropic foundations, corporations, and high-net-worth individuals.
- Oversee efforts to identify, apply for, and secure public funding sources, including government grants, tax credits, and low-income housing programs to support affordable housing projects in NYC.
- Identify private equity, venture capital, and other funding sources to generate capital for the organization’s business investments, hospitality ventures, and affordable housing residence projects.
- Investment and Revenue Generation :
- Oversee the onboarding and management of capital for business ventures that generate profits for nonprofit initiatives, ensuring alignment with the organization’s portfolio, mission, and goals.
- Collaborate with the CFO and Managing Director to identify revenue-generating opportunities, including new business models, social enterprises, and partnerships that support both the housing and hospitality business components of the organization.
- Monitor financial performance of business investments and ensure returns are maximized to reinvest into cause-based initiatives.
- Partnership and Relationship Building :
- Maintain partnerships with stakeholders across the public and private sectors, including developers, real estate investors, housing agencies, and service providers.
- Represent the organization at industry events, conferences, and public forums to raise awareness and attract potential funders, partners, and investors.
- Board and Leadership Collaboration :
- Collaborate with the Managing Director to define organizational development goals and align fundraising and investment strategies with long-term growth objectives.
- Provide regular reports to the Board on fundraising performance, capital development initiatives, and financial outcomes of business ventures.
- Serve as a key advisor to the executive leadership team on matters related to capital development, investment strategy, and fundraising innovation.
Qualifications :
Skills and Competencies :
Personal Attributes :
Compensation :
Salary and benefits are competitive and commensurate with experience.
Application Process :
To apply, please submit a resume and outline your experience in capital development along with your passion for nonprofit initiatives and venture investments.
Job Types : Full-time, Part-time
Pay : $125,038.00 - $155,007.00 per year
Expected hours : 16 – 35 per week
Benefits :Experience :
Ability to Relocate :
Work Location : Hybrid remote in New York, NY 10018
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Salary : $125,038 - $155,007