ICA Fund: Development Associate

ICA Fund is actively seeking a proactive and organized full-time Development Associate to play a crucial role in supporting ICA’s fundraising pipeline. This position involves coordinating efforts across various departments to ensure the delivery of high-quality grant-related materials that align with ICA’S mission to accelerate great businesses in order to close the racial and gender wealth gaps. The Development Associate will report to the ICA’s Director of Development and work collaboratively across the Direct Services, Investment, Marketing, Finance, and Impact Evaluation departments to support writing and reporting on grants to ICA.

The position is based in Oakland, CA with a hybrid work model (in-office Tuesdays and Thursdays) and remote work. 

About The ICA Fund:

ICA is a Venture Capital Community Development Financial Institution (CDFI) committed to closing the racial and gender wealth gaps and addressing structural inequities faced by entrepreneurs of color and women. ICA has a 28-year track record, of supporting underestimated Bay Area entrepreneurs. ICA believes in the transformative power of small businesses and fosters an inclusive culture that promotes collaboration and mutual respect. Joining the team is an opportunity to contribute directly to ICA’s mission. ICA challenges traditional financing models, emphasizing racial equity and prioritizing good jobs within ICA. 

Requirements

  • At least 2 years fundraising experience

  • Strong ability to conduct research, gather data, analyze information, and prepare reports and other materials for external audiences (such as funders) and internal audiences (such as team leaders).

  • Strong project management and detail orientation. Able to work independently and cross-functionally. Successfully manages multiple projects with competing deadlines, anticipates obstacles, and gains buy-in from stakeholders. 

  • Strong storytelling, presentation, and communication skills.

  • Enthusiasm for ICA’s mission and values. Strong commitment to racial justice work.

  • Knowledge of philanthropic landscape for racial and gender justice, capacity building, and/or community development. 

  • Knowledge of CDFIs, impact investing, venture capital, and/or small business finance. 

Fundraising Pipeline Management (50%)

  • Support the management of a portfolio of 70+ institutional funders and prospects (majority foundations and corporations), with a focus of donor cycle management (e.g., tracking lead status and next steps).

  • Conduct prospect research to diversify and grow ICA’s pipeline of funders.

  • Maintain donor and grant databases and files, including maintaining contacts and tracking donations, due dates, and status of grant pipeline.

  • Schedule and prepare for funder meetings, helping to maintain ICA’s relationships with current donors.

  • Support donor engagement and stewardship efforts, including managing gifts processing, donor acknowledgment, and routine correspondence with donors through emails, meetings, and other outreach events (e.g. Annual Community Showcase).

Development Operations (50%)

  • Manage, report on, and ensure timely follow up on funder-related tasks, deliverables, and timelines.

  • Draft grant proposals and reports, including collaborating with ICA’s Direct Services, Investment, and Impact Evaluation teams to gather and integrate new research, data, and stories to match funders’ needs and interests.

  • Collaborate with other ICA departments to ensure successful deliverables.

  • With Impact team, manage impact data and report on key metrics to funders, including conducting additional data analysis as needed.

  • With Finance team, create and track budget proposals and reports.

  • With Marketing team, support development of blog posts, annual Impact Report, social media posts, events, and other content. The Associate will also be expected to collaborate with the Marketing team on creating and deploying ICA’s events strategy.  

  • Additional development projects and tasks, as needed, including supporting preparation for ICA’s Board Meetings and ICA’s Annual Community Showcase.

Compensation and Benefits 

  • The annual base salary range for this position is $60,000 to $70,000 dependent upon background and experience. Compensation also includes a discretionary bonus paid annually based on organization and individual performance.

  • ICA’s full benefits package includes: 13 paid holidays per year; 3 weeks of annual paid vacation; 10 days of annual paid sick leave; at least 3 employer-identified mental health days; employer-paid health, dental, vision, life insurance and disability benefits; 50% employer-paid dependent health; employer-paid mental health counseling; 24-hour online virtual healthcare; 401(k) plan with matching; and mobile phone / Internet reimbursement.

How To Apply

Click here to apply.