We are working with the board of a distinctive new charitable foundation, set up by high profile group of entrepreneurs and investors to address inequality for children in Germany.
The founders have committed a significant amount of seed funding which will build over time and through ongoing investment returns will create a material annual cashflow to the charity. This in turn will be deployed into supporting the aims of the foundation.
The board wishes to identify an additional managing director to complement the existing leadership team with incremental commercial experience. The foundation's strategy is to address causes of inequality systematically and at scale. They therefore wish to support a select group of social entrepreneurs and their chosen causes with a long-term financial commitment as well as a governance framework that can be replicated and scaled to have maximum impact on child welfare.
The foundation targets long term impact, not financial return. What the job involves
Day to day leadership of the organisation; management responsibility for personnel, culture and the growth of the team
Evolution of the foundation's strategy and reporting to the board
The financial management of the charity including its cost base / outgoings as well as future fundraising
Building a network of social entrepreneurs and a pipeline of social enterprises that meet the qualifying criteria, analysing the costs and impact of each to select the most promising projects
Deployment of funds into these projects and building tailored reporting frameworks for each to measure progress and the impact in line with the foundation's goals
Close cooperation with the social entrepreneurs leading each project to establish an effective monitoring and governance framework and to develop them for scale, maximising impact towards the goal of long term childhood equality
Who we are looking for
Given the background of the founder-investors, they are interested in candidates with a proven record of successfully building organisations and value in the private sector, now willing to dedicate these skills and experiences to the aims of this charitable foundation
A successful record as a private equity investor, ideally with exposure to impact investing
Proven experience in sourcing opportunities and developing these successfully through active portfolio management
The entrepreneurial drive to complete the establishment of a new organisation and to grow and lead the team
Close alignment with the causes of the foundation and a passion to create long term societal change
Strong communication skills, inspirational leadership style, high calibre financial skills
As a regulated charity, compensation for this position will need to be in line with other foundation norms and is therefore fundamentally different from the world of private equity. However, for a leader with a keen sense of purpose the rewards of this position are multi-dimensional, including an opportunity to build a major new organisation that will leave a permanent impact on society, as well as working with a unique group of investors
