Position: Executive Director (Part-time, estimate .80 FTE)
Application deadline: May 8, 2020.
The Banting Research Foundation seeks to recruit an Executive Director (approximately 4 days a week). The preferred candidate will have administrative experience in the not-for-profit sector related to health and/or biomedical science. The qualifications include post-secondary education (University or College), a high level of professionalism and excellent operational management skills. The incumbent is a self-starter who is responsible for all aspects of the Foundation administration including budgeting and financial management, communication both verbal and written, document preparation and editing, and event planning.
The Executive Director works closely with the members of the Foundation Board and directly with the Board Chair. A major portion of time is spent organizing and managing the annual Discovery Awards competition with the Chair of the Banting Research Foundation Grants Review Panel. The Executive Director represents the Foundation in connection with partnership development, engagement of the Discovery Award applicants and winners and collaboration with a communications consultant to promote the Foundation brand through the website and social media. Compensation will be competitive and commensurate with qualifications and experience.
The Banting Research Foundation was established in 1925 in honour of Frederick Banting, who as a young researcher with a bright idea was granted the resources necessary to perform experiments that led to the Nobel-prize winning discovery of insulin. We believe that all talented young investigators should have access to the financial support that encourages bold new discoveries. To ensure that no such opportunities are lost, we identify young Canadian researchers with limited resources who demonstrate excellence and creativity in health and biomedical science and provide them with Discovery Awards.
The Executive Director, reporting to the Board of Trustees of the Foundation through and working closely with the Chair of the Board, is responsible for achievement of the Foundation’s strategic and operational objectives. The Executive Director is responsible for achievement of the Foundation’s strategic and operational objectives by working directly with the Chair of the Board and reports to the Board of Trustees of the Banting Foundation.
Duties and Responsibilities
Executive Management and Administrative Services
- Executes policies and decisions of the Board of Trustees, and implements strategic goals, objectives and initiatives of the Foundation.
- Reports progress on operations and initiatives of the Foundation to the Board.
- Prepares the Annual Report, highlighting the Foundation’s finances, grant funding, fundraising and general activities.
- Works with the Board’s relevant committees to prepare marketing and promotional materials to raise the profile of the Foundation within the scientific and philanthropic communities.
- Presents a strong positive image of the mission, programs, products and services provided by the Foundation to the Canadian academic and scientific community, potential partners and donors, and other stakeholders.
- Communicates on behalf of the Foundation with the Governing Council of the University of Toronto, the University of Toronto Alumni Association, financial advisors, research offices of Canadian universities and research institutes, donors, and members of the community.
- Supports fundraising initiatives of the Board including event planning and execution.
- Monitors legislative, fiscal, logistical, and reputational issues that may impact upon the Foundation’s mission and activities as a registered charity.
- Manages the public profile of the Foundation through the development and timely updating of the website, social media, and other forms of communication.
Grant Program Management
- Works with the Chair and Vice-Chair (Scientific Officer) of the Grant Review Panel to update annually the grant application process.
- Corresponds with potential applicants to advise about eligibility.
- Receives applications and distributes to grant reviewers.
- Organizes the grant review process and meeting.
- Corresponds with grant recipients and institutional research finance officers, and issues quarterly grant payments.
- Manages the grants database.
- Prepares an annual budget for Board approval.
- Manages the Foundation Office and other operations within the approved budget with fiscal prudency.
- Handles day-to-day banking, bill payment, and record keeping.
- Prepares financial records on a quarterly basis for accounting purposes.
- Prepares all necessary records for annual audit and all follow up for satisfactory completion.
- Issues official donation receipts for charitable donations.
- Works with the Fund Development Committee Chair and members to contact potential partners and assist in communication about the opportunity for funding new awards
- Prepares draft donation agreements according to policy and communicates directly with donors about the procedure and policies for donation to the Foundation
- Follows up with partners and donors with respect to their pledged gifts
- Tracks all information about donor relationships and provides timely reports to the partners and donors
- Arranges meetings of the Board of Trustees and its committees.
- Prepares and disseminates meeting minutes, and maintains physical and electronic records of the Foundation.
- Provides administrative support as necessary to the Board of Trustees and its Committees.
- Submits forms and reports as necessary to federal and provincial government offices.
- Maintains good working relations with the University of Toronto archivist responsible for the records of the Foundation in the custody of the University.
- Manages, collates, organizes, and stores for regulatory and for archival purposes the Foundation’s minutes, documents, records, and related objects, artefacts and chattels.
- Postsecondary education, university or college degree preferred
- Experience in not-for-profit/charity management
- Exemplary communication skills
- Proficiency in website content management and social media
- Knowledge of and experience in corporate financial management
- Knowledge of fundraising administrative procedures
- Proficiency in computer skills ( Word, Excel )
The Foundation is strongly committed to diversity and welcomes applications from visible minority group members, women, Aboriginal persons, persons with disabilities, and members of sexual minority groups.
Applications must include a cover letter and either a current curriculum vitae or resume.
Address applications to Dr. Catharine Whiteside, Chair of the Banting Research Foundation Board at email@example.com.