Impact Investment Officer (Part Time), Grand Rapids Community Foundation

Grand Rapids Community Foundation leads Kent County in making positive, sustainable change. With its endowment, the Community Foundation supports local nonprofits, leads significant social change and helps donors achieve their philanthropic goals. Guided by our North Star, we believe for West Michigan to grow and prosper, we must ensure that everyone can apply their talents and creativity to fuel our future. By connecting across perspectives and overcoming inequities, we can build and sustain an inclusive economy and thriving community.

The Impact Investment Officer will play a lead role achieving community impact through the deployment of capital in recoverable investments, seeking a social, as well as a financial return. The position will work with the Impact Investing Committee and key staff members to identify opportunities for the Community Foundation to provide capital in the form of loans, equity investments, loan guaranties, and other financial instruments, to support investments in businesses and nonprofits that align with the Foundation’s North Star statement.

The Impact Investment Officer reports to the Chief Financial Officer and is responsible for implementing new and managing existing Foundation impact investments. This includes oversight of the existing portfolio of investments, as well as seeking out opportunities to partner with businesses, community organizations, local and regional foundations, and other investors to expand the Community Foundation’s portfolio of local impact investments.


Direct and manage all impact investment processes on behalf of the Community Foundation.


  • Build and nurture relationships and partnerships with community stakeholders.
  • Provide guidance and outreach to businesses and organizations, and arrange for technical assistance as needed.
  • Identify the need for and coordinate the work of any consultants needed for due diligence or other steps of the process.
  • Provide any other administrative support required.


  • Review proposals and help to clarify outcomes and measurement.
  • Prepare written analysis for committees or board of trustees.
  • Manage and facilitate committee to help formulate recommendations for approval.
  • Process investments, working with staff, legal counsel, and other external consultants, as appropriate.
  • Monitor and report progress and impact of funded programs to the appropriate individuals or committees
  • Serve as the main contact for any questions and information for partnership and investment opportunities
  • Manage internal tracking and processing of investments.


  • Communicate with and implement co-investments with donor advisors, as appropriate.
  • Develop and maintain a strong communications network with and among a diverse group of professionals and community stakeholders.
  • Maintain contact with local, state, and national foundations, investors, and affinity groups to ensure that partnership opportunities are maximized and best practices and innovations are maintained.
  • Participate in events, seminars and conferences in the local community and in the regional, state, and national nonprofit and philanthropic sectors that are designed to strengthen and promote the field and advance equity at the Foundation.


  • Bachelor’s degree and experience in the areas of finance, banking, investing, business or nonprofit management or other related fields, with experience and/or understanding of the concepts of social enterprise and impact investing.
  • Five to seven years of experience and knowledge of the business and non-profit sectors, the Grand Rapids community preferred.
  • Knowledge of foundations and impact investing is essential.
  • Experience building partnerships, collaborations, or coalitions within community.


  •  Extensive written, verbal, analytical, and interpersonal communication skills.
  • Ability to conduct analysis of nonprofit and business financials as part of a due diligence process.
  • Understanding of investment terms and types of financial investments.
  • Comfortable relating to culturally diverse groups of people and professionals in a variety of fields and a commitment to diversity, equity, and inclusion. Experience incorporating diverse perspectives into overall organizational goals.
  • Driven to operate in alignment with the culture, core values, purpose and vision of the Community Foundation.
  • Ability to work independently and as a team member.
  • Experience and knowledge of Microsoft Office Suite, particularly Excel and word processing. Experience with databases and data entry desirable.
Hiring Organization: 
Grand Rapids Community Foundation
Impact Investment Officer (Part Time)
City and State: 
Grand Rapids MI
Hiring Deadline: 
November 24, 2019

Grand Rapids Community Foundation is an equal opportunity employer and does not discriminate against any employee or applicant for employment based on race, color, religion, national origin, age, gender, sex, ancestry, citizenship status, mental or physical disability, genetic information, sexual orientation, veteran status, or military status.