Community, Social Services, Nonprofit, Consulting Services, Educational
4 Year Degree
Incumbent will research funding sources (individual donors and nonprofit and corporate foundations) whose interests, priorities, and giving history suggest they may be receptive to requests from Family Futures to support student and adult financial education and matching savings for students from Kindergarten through graduation.
Use existing databases, such as Foundation Center and others, and personal knowledge to identify potential funders (local, regional, national foundations and corporate foundations).
Follow up research on individual donors suggested by Family Futures stakeholders or others.
Prepare biweekly summaries of most likely targets, including priorities, relevant history, giving levels, primary contacts and procedures for requests.
Develop, with board, memorandum format for guiding board discussions.
Carry out additional research on selected funding sources (foundations or individuals) as directed by the board.
Develop or modify spreadsheet for tracking targets, contact persons/dates and follow up/next steps.
Participate in board discussions on funding as requested.
Recommend, as appropriate, fundraising strategies to be carried out by board and other stakeholders.
As needed, assist in preparing informational materials for funders and/or grant applications.
Other relevant tasks as requested by board.
Biweekly summaries for board discussion, minimum of 4 targets per summary
Outlines of required proposal contents for targets selected by board or links to same in summary
Identification of at least 20 individual donors with memoranda on history, relationships, and suggested approach for each—by conclusion of contract.
Identification of at least 20 foundations (private or corporate) with memoranda on history, relationships, and suggested approach—by conclusion of contract.
Demonstrated experience in using search tools to identify funding relevant to youth development, education, or financial capability
General knowledge of financial education and matching savings models
Strong written communication skills
Experience preparing reports and descriptions of relevant project activities
Demonstrated record of time management and timely delivery of work
Telecommuting is allowed.
Additional Salary Information: mileage reimbursement for approved travel
About Family Futures
Family Futures, a nonprofit 501c3 focused on fostering financial knowledge and skills for students and families
• Engages students using individual savings accounts as teaching tools
• Engages families to support student learning through group and individual offerings
HOW WE ENGAGE STUDENTS AND FAMILIES
Family Futures has two coordinated strategies to engage students and families to develop habits for life-long success in education, work and personal life.
• MyFuture Accounts: individual custodial savings accounts for students that grow in step with student financial knowledge and activities and that align with state-mandated college and career preparation from Kindergarten through Graduation.
• Financial Education: group and individual activities for parents and other adults to develop and apply knowledge that maximizes the value of income and assets to insure financial stability.
Family Futures seeds MyFuture Accounts for each child entering Kindergarten in the Rappahannock County Public Schools with $100. In that year and every year though their senior year, students may earn up to $100 by meeting benchmarks established with the schools to measure... progress toward the financial knowledge and personal skills necessary for a successful adult life. Students who meet all benchmarks graduate with $1,400 plus interest to apply to postsecondary education or career expenses.
The accounts are a tool to develop and reinforce positive behaviors. Most important is the development of a growth mindset—goal-setting and commitment, future orientation and problem-solving. Research shows that individuals with even small savings demonstrate these skills and perform better in school, at work, and with personal responsibilities. And, not having to borrow $1,400 also means avoiding an additional $300 to $700 in debt, depending on the type of loan.
Few families, of any income level, have strong money-management skills. Many Rappahannock households cannot cover even small emergencies or common expenses, such as utilities, as evidenced by calls on local emergency funds. Family Futures provides a certified financial educator to organize and present workshops for students and adults on topics such as, emergency savings, budgeting, and use of credit. The financial educator also offers one-on-one coaching to adults to identify short- and long-term financial goals, plan to achieve those goals, access useful tools, and encourage incremental progress toward the goals. Financial education is a component of the school's graduation requirements, but there is no such resource for parents or other adults in the county.