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The Foundation President oversees the implementation of policies designed to maximize foundation funding. Serves as the top executive of a foundation established by a parent organization. Being a Foundation President meets with donors and prospective donors to create and foster relationships. Establishes goals and approves strategies for all fundraising campaigns. In addition, Foundation President oversees the distribution of foundation funds in order to ensure continuous support of the foundation's mission. Typically requires a bachelor's degree. Typically reports to a board of directors/trustees. The Foundation President manages a departmental function within a broader corporate function. Develops major goals to support broad functional objectives. Approves policies developed within various sub-functions and departments. Comprehensive knowledge of the overall departmental function. Working as a Foundation President typically requires 8+ years of managerial experience.
Foundation Director directs the execution of the vision, strategic planning, financial management, fundraising, and grantmaking operations that support the overall objectives of a foundation. Defines the goals and tactics for fundraising campaigns and program initiatives. Being a Foundation Director represents the foundation to the public and media to communicate its mission, values, and accomplishments. Maintains positive relationships with foundation stakeholders, including the board of directors, grantees, community leaders, donors, and prospective donors. Additionally, Foundation Director oversees grantmaking operations, including developing grant guidelines, reviewing grant applications, and managing the grant evaluation process. Manages foundation programs and initiatives that align with the foundation's mission and values. Implements systems for monitoring and evaluating the effectiveness of the foundation's grantmaking and programs. Ensures all foundation activities comply with applicable laws, reporting requirements, and regulations. Typically requires a bachelor's degree. Typically reports to senior management. The Foundation Director manages a departmental sub-function within a broader departmental function. Creates functional strategies and specific objectives for the sub-function and develops budgets/policies/procedures to support the functional infrastructure. To be a Foundation Director typically requires 5+ years of managerial experience. Deep knowledge of the managed sub-function and solid knowledge of the overall departmental function.
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