The Vice President for Advancement will serve as a key leadership team member and strategic partner to the President and CEO, Board of Trustees, and Spertus staff on all aspects of philanthropic resource development. The VP for Advancement will also be directly responsible for Spertus Institute’s major gift portfolio.
As a professional with significant fundraising experience, the Vice President for Advancement will lead the strategic growth of the Institute’s fundraising across all philanthropic revenue streams. Specifically, over the next three years, as Spertus Institute implements a new Strategic Plan, grows its programmatic and geographic footprint, and approaches its Centennial, the Institute seeks to expand both its annual fund and endowment. The Vice President for Advancement will engage a broad spectrum of donors and supporters, building enduring relationships.
Position is based in Chicago.
Leadership on Fundraising Direction and Strategy: Serve as a thought partner and strategist with Spertus leadership in shaping the Institute’s growth. Provide internal missional and fundraising thought leadership. Lead the development team to create and successfully execute the organization’s annual fundraising plan and special campaigns or initiatives. Inspire an organizational culture of philanthropy to foster new areas of revenue, including alumni giving. Set annual and multi-year fundraising goals to meet Spertus current and future financial needs in alignment with Spertus’ strategic plan. Work closely on with organizations’ Marketing and Communications team on the development of strategic fundraising communications and the integration of fundraising messaging into the organizational brand. Create and monitor metrics for success across all fundraising campaigns. Oversee all fundraising activities.
Relationship Cultivation and Stewardship: Ensure the growth and management of current and prospective donors, building strong and enduring relationships with major gift donors (at Spertus, major gifts are considered $5,000 and above) as well as Trustees and corporate partners. Coordinate with team members across the Institute to ensure effective engagement and stewardship with donors and stakeholders, deepen relationships with existing donors, including alumni, and ensure a rewarding donor experience to increase retention and giving.
Board Relations: Work closely with the Board of Trustees on fundraising initiatives, including the annual Trustee Campaign, Legacy & Endowment Committee, and corporate sponsorship through Trustees’ business affiliations. Assist the President and CEO with identification and qualification of potential new board members. Organize sessions to educate Trustees on their ambassador and fundraising roles. Be available for individual Trustee consultation as needed.
Second Century Campaign: Lead the organization’s fundraising efforts for the Second Century Campaign, a campaign to build Spertus’ endowment, set to launch in a quiet phase in 2021 with a goal of raising $10 million in conjunction with the 2024 Centennial.
Advancement-Driven External Relations: Represent Spertus in meetings with donors, corporate, foundation, and community partners, and other stakeholders. Maintain and grow existing relationships and forge new ones to increase brand awareness and funding. Manage Major Gift Portfolio: Identify major gift prospects, develop and execute solicitation strategy, and secure gifts to meet goals.
Fundraising Systems: Work with the Director of Development and Development Coordinator to build and ensure the efficient use of best practice fundraising systems and processes and oversee accurate and timely reporting. Ensure effective use of the development database system, Raiser’s Edge.
Special Assignments as requested.