EXECUTIVE POSITION PROFILE
On behalf of our client, the Rochester Area Foundation, KeyStone Search has been retained in the recruitment of a President.
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The Rochester Area Foundation (www.rochesterarea.org) is a community foundation based in Rochester, Minnesota. The Rochester Area Foundation's genesis started with the vision of the late Harry J. Harwick, chairman of the Mayo Foundation from 1939 to 1958. He suggested that a study group be formed in 1942 to determine whether a community foundation would work in Rochester. In December 1944, the Rochester Community Foundation was born. On Dec. 5 of that year, the Mayo Properties Association, now the Mayo Foundation, transferred an unconditional gift of $3,500 to the newly formed Foundation. Since its founding, the Rochester Area Foundation has provided the opportunity for all people to contribute to the community’s common good and be part of something that’s bigger than themselves. Over the past 67 years, thousands of community residents have invested in the Foundation. Because the Foundation only spends the income earned from these investments, the generosity of its earliest donors continue to benefit the community today. Currently, the Rochester Area Foundation has assets of approximately $40 million. The mission of the Rochester Area Foundation is to strengthen community philanthropy by promoting responsible and informed giving and to assist donors in meeting their charitable objectives. The Foundation is dedicated to using its resources to improve the quality of life, promote greater equality of opportunities and to develop effective methods to assist those in need in the greater Rochester area. Rochester Area Foundation meets National Standards for operational quality, donor service and accountability in the community foundation sector. The Foundation offers a variety of charitable funds and trusts to help individuals meet their financial and charitable goals. (please visit http://www.rochesterarea.org/donor-services/funds.html for fund details). Donors receive maximum tax advantages and have access to the Foundation’s knowledge of the community and nonprofit organizations. Rochester Area Foundation handles the administrative details and provides prompt service and grant support so donors can focus on the more rewarding aspects of giving. In addition to donor services, other major initiatives of the Foundation are described below: First Homes Properties was launched in 1999 as an initiative of the Rochester Area Foundation with the goal of assisting individuals and families in the purchase of homes. From the beginning, First Homes has been organized to provide and develop fast, flexible, responsive leadership to create a permanent, adequate supply of workforce housing in healthy, sustainable neighborhoods through collaborative efforts in the greater Rochester area. http://www.firsthomes.org/ First Steps is a collaborative public-private economic development program being spearheaded by the Rochester Area Foundation to assure that all Rochester students are ready for kindergarten. Since 2006 strategies have included: communicating the economic imperative for early investment, collaborating with community partners to improve the quality of all early care environments and developing reliable measures of quality with the First Steps School Readiness Study. http://www.firststeps.us/
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The Community Ventures Fund was established by action of the Board of Trustees of the Rochester Area Foundation at its meeting on December 12, 2005. Investors purchase shares in the Community Ventures Fund, which looks something like a mutual fund, complete with prospectus, share certificates and annual meetings. All proceeds from the purchase of shares in the Fund will be designated as unrestricted assets of the Fund. The endowed Fund will pool contributors’ gifts and provide "dividends" for the Rochester area in perpetuity. With input from contributors, income will be distributed by Rochester Area Foundation to advance community projects. All shareholders are entitled to have their name affixed to grants made in the community from the Fund.
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ROCHESTER, MINNESOTA: Meet the "Best Small City in America" Money Magazine said it best, "One thing to remember about Rochester is that it has the sophistication of a larger metro area, but not the congestion or the complications." Named "Best Small City" in America by the nationally recognized magazine, Rochester merges a cosmopolitan atmosphere with Midwestern hospitality. Since the 1980s, Rochester has frequently made Money magazine's list of the best places to live, ranging from the best overall to the best in the Midwest. Rochester is the state's third-largest city and is located just 90 minutes south of the Minneapolis/St. Paul Metropolitan Area. Nestled in a valley, Rochester's skyline has a foreground of farm fields with tall buildings thrusting into the sky. Despite its cosmopolitan appearance, one of the favorable features marking the city's status as a great place to live is short commute times, an average of 14 minutes and the shortest of the nation's 300 largest cities. Rochester, with a population of more than 100,000, isn't a tiny town. It encompasses nearly 40 square miles and 100 parks - that's nearly three city parks per square mile- and continues to grow. In fact, it is one of the state's fastest-growing municipalities. Minnesota has a reputation as a frozen northern state, but Rochester enjoys an average of 200 sunny days, an average summer high temperature of 84 degrees, and an average winter low of 3 degrees making it the tropical zone of Minnesota. If the weather does take a turn for the worse, the downtown core boasts what is probably the most extensive subwayskyway system for a city of Rochester's size in the nation. Averaging 1.5 million visitors a year, largely attracted to Mayo Clinic for medical care, the city offers an extensive service industry. It also is a regional magnet for shoppers, drawing people from northern Iowa and southwestern Wisconsin. In addition to Mayo Clinic, the city's employers include a variety of high-tech companies, from a major IBM plant on the city's northwestern edge to medium-sized and small-sized producers of computer hardware and software. Agri-business, including a cannery and three dairy processors, is big, all fed by farms in the Rochester area. Arts, culture and entertainment add to the quality of life in Rochester. Rochester supports a Symphony Orchestra and Chorale, Chamber Music Society, Civic Theater, Repertory Theater, Art Center and many other cultural resources. Opportunities to enjoy running, hiking, inline skating, biking or walking throughout Rochester are endless. Rochester also hosts a semi-professional football team, summer collegiate baseball league, as well as many other sports activities. Education is important in Rochester. A fine school system offers quality primary and secondary education for youngsters, as do a number of parochial and private schools. Higher education offerings range from vocational-technical classes to undergraduate and graduate college programs in a number of areas including education, health care, business, and engineering. For more information on the Rochester region, please visit: http://scr.bi/Rochester_Community_Profile
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OVERVIEW OF THE POSITION
The President is responsible for providing overall leadership and management for the Foundation. The President works closely with the Board to develop and implement the Foundation’s vision, mission and strategies and is responsible for the effective use of financial, human and other assets of the Foundation. The President will promote and foster the Foundation’s mission by increasing public awareness and understanding of the Foundation, its mission, and its strategies. The President reports to the Board of Trustees. There are currently 7 full time staff at the Foundation plus one Vista Volunteer and two development consultants working on a contract basis.
Provide outstanding organizational leadership Develop and maintain relationships within the local community. The Foundation will be recognized by key constituencies and local leaders as a partner in efforts to make the local community exemplary. Develop and maintain collaborations and partnerships with other foundations, government and key organizations both within Minnesota and nationally. Work to maintain recognition of Rochester Area Foundation as an outstanding model of philanthropy on a state, local, and national level.
Build the Foundation’s assets Create and build relationships with key constituents including donors, prospects, professional advisors, trustees, and community organizations with the goal of expanding charitable resources under management by the Foundation. Motivate the board and other volunteers to carry forward an active development program and to interpret to the community the potential of the Foundation. Serve as a spokesperson in the community and within the field of philanthropy on matters related to growing philanthropy in the community.
Implement programs to accomplish the Foundation’s mission, vision and goals Provide leadership to the Foundation staff in the completion of annual program planning, goal setting and budgeting. Present annual organizational work plan and budget to the Board and ensure that budgets are within the financial distribution targets established by the Board. Ensure that grant requests presented to the Board fall within the mission, vision and strategy established by the Board and are presented succinctly with a staff recommendation.
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Lead staff through planning, organizing, staffing, directing (coaching), evaluating and communicating at all levels. Ensure that the Foundation has a sufficient staffing level of competent and well-trained personnel to effectively implement the vision and goals established by the Board. Establish and maintain staffing structure to allow for appropriate supervision and staffing. Ensure each individual has a position description and understands the responsibilities and expectations for their position as well as the expectations for accomplishing individual and team goals. Develop and maintain an inclusive working environment. Ensure that appropriate financial policies and controls are implemented and maintained, and the Board receives appropriate financial information to facilitate decision making. Inform the Board of significant issues or concerns in a timely and professional manner. Develop and foster a productive, collaborative, team-oriented and positive work environment.
Work closely with the Board of Trustees Ensure that the Board is informed in a timely manner regarding significant issues, events, opportunities and challenges relating to the Foundation and implementation of the mission. Ensure that the Chair of the Board and Board committees receive requested information and administrative assistance to develop meeting agendas and conduct productive and efficient meetings.
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Candidates for this key executive position should be experienced, visionary, and inclusive leaders. At least 10-12 years of experience are desired, with experience in philanthropy, nonprofit, or community leadership required. He or she will have an active curiosity and passion for the charitable purposes of the foundation. Knowledge of the community served by Rochester Area Foundation would be desirable but is not essential. The successful candidate will be a person of integrity and stature in their community with proven leadership and large-scale program management experience, exemplary management skills, and a strong commitment to the mission, vision and values of the Rochester Area Foundation. A minimum of a Bachelor’s Degree is required with a Master’s degree in a related field preferred. Other essential skills and experience include: • • • • • • • • • • • Expertise and experience interacting with a board of directors or trustees. Program conceptualization, design, development, delivery, evaluation and assessment experience. Proven ability to think strategically and lead the organizational strategic planning and visioning process. Demonstrated record of success working with a diverse constituency of partners and stakeholders to achieve specific policy and programmatic outcomes. Strong interpersonal and communications skills. Professional demeanor with proven ability to build collaborative relationships. Ability to think strategically and creatively about achieving the Foundation’s goals. Process expertise, such as strategic planning, program evaluation, and/or nonprofit due diligence. Highly developed skills in leadership, communication, management, negotiation, advocacy, and creative methods of coaching, teaching and team development. The knowledge and experience to hire, motivate, coach and develop staff to meet objectives including anticipating challenges, identifying issues and developing solutions. Ability to work effectively on a collaborative basis with a wide range of constituencies and stakeholders in a diverse community. Exemplify the values of the Foundation.
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The compensation package for this position is competitive and attractive. It includes an executive pay structure and participation in the Foundation’s comprehensive benefits plan.
FOR MORE INFORMATION, PLEASE CONTACT: Rebecca Driscoll, MBA Principal 612-375-8841 email@example.com or Marcia Ballinger, PhD Principal 612-375-8955 firstname.lastname@example.org
“Because Culture Matters”
KeyStone Search is a prominent Minnesota-based executive search firm with a special emphasis on corporate culture fit. KeyStone has specialized expertise in the recruitment of general management, sales/marketing, financial, technical/operations, human resources and non-profit executives.
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Rochester Area Foundation is an equal opportunity employer