Fund Development Coordinator

JOB DESCRIPTION? 

AltCap is a mission driven CDFI dedicated to expanding access to affordable and flexible capital for underestimated entrepreneurs. We pair financing expertise with on the ground advocacy to support small business owners who have been systemically overlooked. Our goal is to increase economic mobility and ignite entrepreneurship that strengthens communities.? 

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AltCap is seeking a Fund Development Coordinator to play a vital role in securing and managing funding that supports our mission of empowering underestimated entrepreneurs. This position will be responsible for researching, writing, and managing grant proposals; coordinating fundraising initiatives; preparing fund award documentation; and ensuring compliance with grantor requirements. The ideal candidate is a compelling writer, strategic thinker, and detail-oriented professional who is passionate about community development and economic equity. 

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KEY RESPONSIBILITIES? 

Grant Writing & Research 

• Research and identify grant opportunities from federal, state, local, foundation, and corporate funding sources that align with AltCap's mission and strategic priorities 

• Write, prepare, and submit compelling grant proposals, letters of inquiry, and funding applications that effectively communicate AltCap's programs, impact, and funding needs 

• Develop and maintain grant proposals for CDFI Fund programs, New Markets Tax Credits (NMTC), and other specialized financing programs 

• Collaborate with program staff, leadership, and finance team to gather data, success stories, and financial information necessary for grant applications 

• Maintain a comprehensive grants calendar to track application deadlines, reporting requirements, and renewal opportunities 

• Assist in cultivating relationships with current and prospective funders, including foundations, corporations, and government agencies 

• Prepare materials for board meetings, funder presentations, and stakeholder reports 

• Report and manage all grant proceeds. 

Fund Development 

• Support the organization's overall fundraising strategy in coordination with leadership and the development team 

• Assist in planning and executing fundraising campaigns, donor cultivation activities, and special events 

• Help maintain and expand AltCap's donor database, ensuring accurate records of contributions, communications, and engagement activities 

• Prepare donor acknowledgment letters, impact reports, and stewardship communications to strengthen relationships with individual and institutional supporters 

• Support the identification and research of major gift prospects, including individual donors, corporate partners, and philanthropic organizations 

• Assist in developing fundraising materials such as case statements, campaign collateral, and annual reports 

• Track fundraising metrics and prepare regular reports on development activities, revenue trends, and donor retention 

• Collaborate with marketing and communications teams to create compelling stories and content that inspire donor engagement and support 

QUALIFICATIONS? 

Required 

• Minimum of 2-3 years of experience in grant writing, fundraising, or fund development for a nonprofit organization, preferably at a CDFI or community development organization 

• Proven track record of successfully securing grants from foundations, corporations, and/or government agencies 

• Exceptional written and verbal communication skills with the ability to craft compelling, persuasive narratives 

• Strong research and analytical skills with attention to detail 

• Excellent organizational and project management abilities with capacity to manage multiple deadlines simultaneously 

• Proficiency in Microsoft Office Suite (Word, Excel, PowerPoint) and database management systems 

• Understanding of financial statements, budgets, and budget development 

• Commitment to AltCap's mission of empowering underserved entrepreneurs and building inclusive economic opportunity 

• Knowledge of New Markets Tax Credit (NMTC) program and/or SBA programs preferred 

• Experience working with diverse communities and understanding of barriers faced by underestimated entrepreneurs 

• Bilingual skills (Spanish proficiency is a plus) 

• Established relationships with regional or national funders supporting community development preferred 

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BENEFITS? 

• Competitive compensation with performance-based bonus? 

• Subsidized health, dental, and vision insurance available day one? 

• HSA, FSA, disability, and employer paid life insurance options available? 

• 401(k) with 3 percent employer contribution after 6 months? 

• Generous Vacation and sick policy including eleven national holidays, the day after Thanksgiving, and Christmas Eve/Christmas Day? 

• Professional development and nonprofit leadership growth opportunities? 

TO APPLY? 

Join our dynamic team and contribute to our mission of creating positive social impact. The Fund Development Coordinator position is a full-time hybrid position, Monday – Friday, 8:30 am – 5:00 pm with occasional evening and weekends required. To apply, please email a resume and a cover letter articulating why you think small business lending is important to economically underserved communities to our hiring team at operations@altcap.org. Applicants must be authorized to work for any employer in the U.S. We are currently unable to sponsor or take over sponsorship of an employment Visa. AltCap is an Equal Opportunity Employer. We celebrate, support, and thrive on diversity and are committed to creating an inclusive environment for all employees.?