Chief Operating Officer
Los Angeles, CA, Oakland, CA, or Washington, DC
Type of Job
$200k - $240k
Mar 24, 2022
About the job
The Climate + Clean Energy Equity Fund (The Equity Fund) is building the multi-state infrastructure and community power needed to end climate change and to create an equitable clean energy future. The Equity Fund is strategically building power by:
- Investing in the leadership and organizing of diverse communities (Black, Latinx, AAPI, Indigenous people, and communities bearing the brunt of climate change);
- Engaging voters in these communities through nonpartisan civic engagement campaigns; and
- Winning climate and clean energy policy solutions that reflect the priorities of communities and advance racial, economic, and environmental justice.
Founded in 2016, The Equity Fund is already partnering with organizations in 13 states (Arizona, Colorado, Florida, Georgia, Illinois, Maryland, Michigan, Minnesota, Nevada, New Mexico, North Carolina, Pennsylvania, and Virginia), and will expand its reach to additional states in the coming years.
Grassroots groups advocating for and organizing people hard hit by climate change – communities of color, indigenous, working class and rural communities – often lack resources, staffing, and access to develop relationships with foundation funders and major donors. Yet, they are accomplishing critical work to build the collective power of communities most hurt by climate change and the use of dirty fossil fuels resulting in health problems, job losses, and displacement.
The Equity Fund is a conduit for foundations and donors to partner and support these grassroots organizations across the country. Because of their expertise and deep relationships with community-led groups working at the intersection of climate change, racial justice, and economic equity, they can identify and nurture local grantee partners that have large-scale bases of members and track records of winning policy victories in their cities and states. They share lessons learned from their grantee partners so that foundations and donors can better understand how grassroots groups are building power to advance climate solutions and then develop and coordinate funding strategies that will have the greatest results.
The Equity Fund is seeking nominations and applications for the newly created position of Chief Operating Officer (COO). This year,
The Equity Fund made the strategic decision to start the process of spinning out of its fiscal sponsorship at New Venture Fund to establish a new, independent institution that can meet the needs of its growing and dynamic ecosystem of grassroots organizations and their collective impact. The person holding this position will also work for The Climate Equity Action Fund, which is spinning out of its fiscal sponsorship with the Sixteen Thirty Fund. The Climate Equity Action Fund is a coordinated project in the Sixteen Thirty Fund, a 501(c)(4) organization, under a resource sharing agreement between the New Venture Fund and Sixteen Thirty Fund. The responsibilities will be overseen by the Sixteen Thirty Fund, but the activities of The Climate Equity Action Fund may include funding grassroots organizations to build political power and support partisan candidate work.
The success of this transition into its own independent 501(c)(3) and 501(c)(4) organizations will be significantly impacted by this new COO, who will be responsible for adapting existing and creating new systems and workflows, while maintaining the organizations’ unique values-centered, high impact organizational culture. The design and operations of the Finance, Grants Management, and Human Resources functions for the organizations as well as consideration for how those systems support the broader ecosystem of grantee partner organizations will reside under the COO’s purview, and they will have the unique opportunity to build out the teams who will do this essential work.
The new COO will be a seasoned and values-based leader who is skilled in operational design for effective systems and impact. They will demonstrate familiarity with large-scale financial management, grantmaking, and HR systems in c3/c4, distributed infrastructures. The COO will lead the creation and management of processes, policies, and practices that nurture a thriving, values-based culture that centers equity as its north star.
OPPORTUNITIES AND EXPECTATIONS FOR THE NEW COO
The COO can expect to engage in the following responsibilities:
Operationalize and Optimize the Equity Fund’s Strategy Through the Design, Build, and/or Contracting for Effective Financial, Grants Management, and HR Systems
- Bring a sophisticated understanding with an organization-wide leadership lens on where/how to maximize efficiencies and strengthen systems across the organization.
- Assess enterprise-wide risks and set parameters for risk mitigation; identify financial, operational, and compliance gaps and fill those gaps with best-in-class practices from the philanthropic sector, combined with The Equity Fund’s internal wisdom, to support mission achievement.
- Establish and consistently communicate organizational priorities as part of The Equity Fund’s executive management team and ensure alignment and cross-cutting integration of ideas, problem solving, and execution of work.
- Provide insights and leadership to the ongoing improvement of organizational systems, structures, policies, and talent to enable the highest level of programmatic quality and effectiveness.
Immediately Integrate and Strengthen Financial, Operational and Compliance Functions
- Ensure that efficient systems, processes, and practices are in place to accomplish the goals and objectives of The Equity Fund’s mission as it spins off from its fiscal sponsorship; develop plans for high-quality, cost-effective maintenance, development and implementation of services, systems, and tools to support effective grant making, legal and policy compliance, and overall organizational effectiveness of The Equity Fund.
- Build out the operations and systems needed to enable accurate financial reporting, budgeting and forecasts, supporting sound business decisions, providing philanthropic support, and building capacity to review programs and partnerships from a budgeting and disbursement perspective.
- Maintain subject matter expertise of, advise, and ensure organization-wide compliance on a broad range of corporate, employee, regulatory, and compliance matters; promote training, processes, procedures, and controls to mitigate compliance risk as needed.
- Provide for operational policies that align with organizational values, reflect best practices, and guide consistent practices, spanning vendor management, talent management, and other organizational functions.
- Oversee the integration and functioning of Finance/Accounting, Grants Management, Technology and Information Management, Talent and Culture, and Diversity, Equity, and Inclusion initiatives.
- Provide general contractual oversight andcoordinate external legal counsel and support as required to address the organization’s needs.
Steward Values-Centered Culture, Change Management Processes, and Ongoing Organizational Development as the Equity Fund Scales
- Lead the development of an organizational culture in which all team members feel valued and recognized as vital to advancing The Equity Fund’s mission and goals and are encouraged to grow professionally.
- Support the internal work of The Equity Fund’s active anti-racist agenda by examining long-held “best practices” in the field for their values alignment with the team and creating space for co-creation and design of new ways of working together that are in consonance with values.
- In partnership with the President and CEO and the executive management team, take a highly visible leadership role to offer an inclusive approach to contributing to a trusting and collegial organizational culture.
- Establish short- and long-term goals, develop strategies and plans, and facilitate change management activities to ensure organizational alignment with The Equity Fund’s strategic direction.
- Develop programs and practices to support individuals and teams, manage work allocation, provide performance feedback and professional development, and support positive team dynamics.
- Display the skills, sensitivity, and personal confidence to tap into the power that each member of the team brings to the mission.
QUALIFICATIONS OF THE IDEAL CANDIDATE
The ideal candidate will be deeply committed to The Equity Fund’s mission and understand the critical role that philanthropy plays in fighting climate change and advancing social, racial, and economic justice. While no one person will embody all the qualities enumerated below, the ideal candidate will possess many of the following professional and personal abilities, attributes, and experiences:
- A minimum of 10 years of strategic leadership and career growth in operational design to support programmatic excellence, finance, values-based HR, and c3/c4 compliance functions at a similarly complex philanthropic organization.
- Demonstrated track record of delivering quality services, organizational improvements, and excellence in strategic, organizational, and budget management along with outstanding stewardship of financial and human resources.
- Demonstrated body of work that reflects a commitment to organizational excellence and efficiency, servant leadership, management of collaboration and effective teamwork, and promotion of diversity, equity, and inclusion.
- Clear strategic and operational vision and exceptional skills in synthesizing information and translating vision into action steps for the long and short term.
- Demonstrated resourcefulness in setting priorities, navigating change management, and proposing new ways of achieving desired outcomes with inclusive approaches to planning, problem solving, and decision making.
- Combined experience, maturity level, and flexibility to interact with a broad set of stakeholders, including board members, executive management, and staff across the organization.
- Exceptional oral and written communication skills including the demonstrated ability to research, synthesize, and analyze information, compose documents, and present data in a clear and concise manner to appropriate personnel, including top management, program staff, and the board.
- Highly developed facilitation, coaching, and engagement skills; comfort with managing diverse group dynamics and leading toward common desired outcomes.
- Highly developed emotional intelligence and demonstrated ability to use interpersonal skills and political acumen in respectful, collaborative, and diplomatic ways.
- A strong, intuitive communicator, skillful at managing through influence; demonstrated ability to connect and inspire across stakeholder groups.
- Passion for the mission-driven sector and the role philanthropy can have in building power and fighting climate change.
- Experience with community organizing and power building organizations a plus.
The COO role is a full-time, exempt position, and will report to the President and CEO. The Equity Fund offers a competitive and holistic total rewards package that includes salary and benefits. The salary range for this role is $200k - $240k.
All full-time staff are eligible for a comprehensive benefits package that includes 100% employer-paid health, dental, and vision insurance; 3% automatic contribution and a 3% employer match on 401(k) contributions; pre-tax transportation benefits; and paid holiday, vacation, sick, and volunteer time off.
More information about The Climate + Clean Energy Equity Fund may be found at: www.theequityfund.org
This search is being conducted with assistance from Katherine Jacobs, Linh Nguyen, Rachel Burgoyne, and Sharon Gerstman of NPAG. Due to the pace of this search, candidates are strongly encouraged to apply as soon as possible. Candidates may submit their cover letter, outlining their interest and qualifications, along with their resume via NPAG’s website.
The Climate + Clean Energy Equity Fund is a project of New Venture Fund (NVF), a 501(c)(3) public charity that incubates new and innovative public-interest projects and grant-making programs. NVF is committed to attracting, developing, and retaining exceptional people, and to creating a work environment that is dynamic, rewarding, and enables each of us to realize our potential. NVF’s work environment is safe and open to all employees and partners, respecting the full spectrum of race, color, religious creed, sex, gender identity, sexual orientation, national origin, political affiliation, ancestry, age, disability, genetic information, veteran status, and all other classifications protected by law in the locality and/or state in which you are working.
To center the safety and well-being of its employees, New Venture Fund requires that any employee who is required to conduct in-person activities for their job must be fully vaccinated against COVID-19 within four weeks of their start date. This position may require candidates to be fully vaccinated against COVID-19. Accommodations may be sought and approved in accordance with the law by contacting human resources at HR@newventurefund.org.