Philanthropic Fund Management Director

Mayo Clinic is committed to honoring benefactor intent and upholding the highest standards of accountability transparency and stewardship. The Director of Philanthropic Fund Management provides strategic leadership to align philanthropic fund management by facilitating collaboration across the organization establishing a shared approach to managing benefactor-funded accounts aligning resources with institutional goals and refining frameworks that support Mayo Clinics philanthropic objectives and emerging this role the Director guides processes and communication effortsworking in close partnership with Development Financeto ensure the efficient administration of benefactor-funded accounts and long-term stewardship of benefactor relationships.

Through transparent reporting proactive communication and strong internal partnerships the Director ensures benefactor funds are used effectively and in accordance with benefactor intent. This includes partnering in the full lifecycle of benefactor-funded accounts to promote shared understanding of gift intent fund purpose and usage expectations ensuring those responsible for expending funds have the information context and offering guidance needed to do so appropriately in a way that supports both accountability and ongoing philanthropic relationships.

Responsibilities include safeguarding benefactor intent through interpretation of legal gift documentation; partnering with Development Finance to verify fund structures and financial setup; monitoring and auditing fund activity; and shaping policies aligned with regulatory fiduciary and industry best practices. Key duties include partnering on new fund establishments; leading institutional reporting such as annual endowment reports departmental reviews and compliance reporting; providing targeted fund usage insights to stewardship and development officers; identifying opportunities to improve processes and consistency; supporting policies for timely and appropriate fund spending; monitoring expenditures for alignment with gift agreements; and facilitating fund transitions or repurposing when necessary including engagement with benefactors Legal and Finance partners.

The Director collaborates with Development leadership Development Finance Stewardship and Recognition physicians scientists and administrators to support appropriate fund usage and informed decision-making. Additional responsibilities include delivering education and guidance on fund management policies serving as a stewardship-focused liaison with Development Finance and responding to inquiries related to benefactor intent and allowable use.

Minimum Education and/or Experience Required

• Bachelors degree in Accounting Finance or Business.
• Minimum of five to seven years of relevant experience with GASB/FASB accounting standards and/or not-for-profit accounting and/or fund administration.
• Experience working in healthcare or other not-for-profit institutions

Licensure/Certification Preferred

• CPA