The California Wellness Foundation

The California Wellness Foundation (Cal Wellness), is a nationally recognized philanthropy devoted to advancing health and wellness for the people of California. Launched as a grantmaking entity in 1992, Cal Wellness has taken on some of the most vexing issues and important initiatives on behalf of underserved Californians. As a public health funder committed to social justice, Cal Wellness aims to fulfill its vision for every resident of California to enjoy good health and experience wellness. Cal Wellness is led by Judy Belk, who was appointed President and CEO in 2014.

Jun 30, 2019
With the retirement of its long-time CFO, Cal Wellness now seeks nominations and applications for a new Chief Financial Officer to continue building and stewarding a strong financial operation and innovative investment portfolio in service of its mission. Reporting to the CEO, the new CFO will join a passionate, highly experienced leadership team at a pivotal moment in Cal Wellness’ history. The new CFO will work directly with the CEO and Board of Directors to guide Cal Wellness’ strategic vision and to enhance its financial capabilities and investment portfolio. The CFO will serve as an integral part of the senior leadership team working together to shape the future of the organization. In leading the finance team, they will promote a culture of integrity, high performance, continuous improvement and innovation. This position is based in Los Angeles, CA.   ORGANIZATIONAL OVERVIEW The California Wellness Foundation is a private, independent foundation established in 1992 with a mission to protect and improve the health and wellness of the people of California. As one of the largest health-focused foundations in California, with more than $900 million in assets, Cal Wellness is a nationally recognized leader for its strategic core operating support for grantees; public policy grantmaking; and a focus on violence as a public health issue. It is Cal Wellness’ desire to promote equity and level the playing field so that everyone has access to good-paying jobs, healthy and safe neighborhoods, and quality health care services. The Foundation’s current Advancing Wellness grantmaking strategy includes three interrelated portfolios: Bridging the Gaps in Access and Quality Care, Promoting Healthy and Safe Neighborhoods, and Expanding Education and Employment Pathways. Since its founding, Cal Wellness has awarded nearly 9,000 grants totaling more than $1 billion. Its annual operating budget is approximately $13M, and its annual grantmaking is approximately $35M. As the Foundation looks to the future, it is pursuing new and innovative strategies beyond its core grantmaking to advance its mission, including implementation of new technology systems, development of its public affairs capacity, and establishing mission- and program-related investment portfolios. Cal Wellness has a diverse staff of approximately 40 located in our Los Angeles and Oakland offices and a diverse 11-member Board located throughout the state of California. The Foundation’s work underscores a belief that wellness requires social justice, a deep commitment to diversity, equity and inclusion (DEI), and sustained efforts to eliminate systemic barriers that prevent access to health care, education, employment and safety. Please visit  calwellness.org  for more information.   POSITION SUMMARY The CFO will steward the financial health of Cal Wellness and serve as a key strategic advisor to the President and CEO. Leading a five-member finance team, the CFO’s responsibilities will include but not be limited to: Foundation Leadership As a member of the Executive Management Committee (EMC), participate in setting the strategic direction of Cal Wellness, proactively raise strategic issues, make recommendations, and collaborate to support the continued evolution of the organization. Mentor and develop individuals and teams, manage work allocation, provide performance feedback and professional development, and support positive team dynamics. Ensure the Finance team is recognized by Foundation staff, management and Board as a trusted, reliable and active partner in achieving strategic goals and objectives. Represent Cal Wellness in the philanthropic sector and to external audiences. Speak at events to share Cal Wellness’ investment strategies and initiatives to advance DEI in finance. Strong Financial Systems and Controls Develop, implement and evaluate Finance team activities, maintaining compliance and internal controls and managing risk. Oversee the day-to-day accounting for grants and investments, general accounting matters, payroll, and financial operations. Oversee and participate in the preparation of audits, tax returns and all financial filings required by law, as well as ongoing monitoring of budgets and spending. In partnership with the Vice President of Operations, identify and implement technology tools to improve efficiency and effectiveness of finance operations and monitor laws and regulations impacting the financial operations of private foundations. Recommend processes and strategies that address related requirements. Board Relations, Stewardship of Financial Assets and Alignment of Investment Operations In partnership with the Board, CEO and management colleagues, shape Cal Wellness’ financial policies and strategies to reflect the Foundation’s vision, mission and beliefs. Participate in all Board meetings, serve as the main liaison to the Board’s Finance and Audit Committees, and attend all Board meetings. Design and implement a high-functioning management model to leverage relationships with three external investment advisors (for the main portfolio, the mission-related investment portfolio, and program-related investments). In partnership with external investment advisors, provide effective monitoring and reporting on investment performance and strategic recommendations on investment strategies and approaches to the CEO, Finance Committee and Board of Directors.   QUALIFICATIONS OF THE IDEAL CANDIDATE The ideal candidate will be committed to Cal Wellness’ mission and will have a minimum of ten (10) years relevant experience. They must be a strong manager, skilled leader, innovative collaborator, and effective communicator. The ideal candidate will possess the experience, education, attributes and competencies described below.   Experience and Education A minimum of ten (10) years of strategic leadership and career growth in a finance function at a complex and relevant organization (e.g. a foundation, large nonprofit, university, audit/consulting firm, etc.). Clear record of achievement in financial and investment management and experience with the intersection of finance, investment, accounting, and compliance related to private foundation grantmaking and mission related investing. Demonstrated effectiveness in managing substantial financial assets comparable to Cal Wellness’ endowment. Strong knowledge and skills related to financial reporting and accounting standards such as those defined by the Financial Accounting Standards Board or equivalent entities. Experience effectively managing relationships with investment consultants and asset managers. Experience with mission-related and impact investing is a plus.  Success in managing, training, developing, and directing finance and accounting staff; ability to motivate staff to achieve goals through individual and team supervision, performance management, coaching, and professional development. Experience in change management or organizational development is a plus.  An advanced degree in business administration, finance, investments, or related field, or equivalent skills and experience. Additional Attributes Demonstrated ability to synthesize complex financial information and ideas into clear, concise, and compelling materials. A strategic, comprehensive, and critical approach to planning, problem solving, and decision making as a leader, contributor, and member of an executive leadership team. Flexibility and collaborative approach required to partner with senior level department heads and to serve as a resource to all levels of staff for guidance in finance-related issues. A sincere belief in diversity, equity, and inclusion, particularly as it relates to the diversity of people and places represented across California. Passion for the mission-driven sector and the role philanthropy can have in addressing some of society’s most challenging problems. Core Competencies The ideal candidate will embody Cal Wellness’ core competencies: Live our Core Values: Respect, Integrity, Accountability, Equity, Stewardship, Excellence, Learning, and Trust. Drive Towards Innovation: Be bold. Experiment and learn from both successes and failures. Make a Difference: Yes, we can. Own our responsibilities and our ability to make positive change. Contribute to One Team: We’re in this together. Our success is a collective effort. Show Courage: Be thoughtful but act on your convictions. Be open to feedback.   COMPENSATION & BENEFITS Salary is competitive and commensurate with experience and qualifications. Highlights from our benefit package include: a variety of health plans, a generous 401(k) retirement savings plan with a 16% employer-contribution, paid time off, professional development and educational opportunities, matching gifts, and the opportunity to work at a mission and values driven organization.     Please submit a cover letter describing your interest and qualifications, and your resume (in Word or .pdf format) to:  CW-CFO@nonprofitprofessionals.com . In order to expedite the internal sorting and reviewing process, please type your name (Last, First) as the only contents in the subject line of your e-mail, and share where you learned of the position in the contents of your email. Due to the pace of this search, candidates are strongly encouraged to apply as soon as possible.    
The California Wellness Foundation Los Angeles, CA, USA Development
Jun 30, 2019
Cal Wellness seeks a Director of Grants Management to lead the work of the grants management team and collaborate with foundation leadership and others to promote and apply best practices for effective, efficient, and knowledgeable grantmaking. The grants management team is responsible for all compliance, analysis, and procedural aspects of grantmaking. Building on the recent implementation of the foundationCONNECT grants management system, the Director will lead the foundation’s efforts to develop and institute innovative data management strategies that will inform and enhance the foundation’s learning and grantmaking. This is a strategic position that will also require the Director to exercise hands-on project management, analytical and problem-solving skills, high attention to detail, creative thinking, and a dedication to the foundation’s mission and core values. This position is located in our Los Angeles office with some travel required to our Oakland office and other meetings/conferences. KEY RESPONSIBILITIES Departmental Management: (25%) Responsible for the management of all grants management functions at the foundation, including compliance, analysis, and the procedural aspects of grantmaking. Develops, streamlines, and enhances grants management policies, procedures, and practices. Oversees the foundation’s discretionary and matching gift grantmaking processes. Prepares or oversees the preparation of all grants-related financial reports to the programs and finance departments to help inform budgeting and planning decisions, as well as organizational reporting requirements. Oversees the grants management department budget. Staff Management: (10%) Effectively manages a small team, provides coaching, feedback, and supports professional development of individual team members. Builds collaborative, positive working relationships and effective communication channels with and amongst team members. Responsible for the development, delivery and accountability of team goals on an annual and ongoing basis. Data and Systems Management: (30%) (Note: Data and systems management may actually exceed 30% of the Directors time initially as the grants management database is a recent implementation.) Project manages ongoing implementation of, and necessary enhancements to, the recently launched grants management database (foundationCONNECT). Manages use of the grants management database, including maintaining administrator settings; and serving as a resource and trainer. Develops innovative ways to present data related to the foundation’s goals, strategies and the knowledge achieved from its grantmaking. Partners with program staff to develop frameworks and tools with which to manage grant information and data. Strategic Support & Leadership: (20%) Serves as a thought-partner to foundation leadership to develop and implement strategic initiatives that advance the mission of the foundation. Leads the foundation’s efforts to further develop and institute an innovative data management strategy to foster learning, communication, and decision making. Proactively represents the foundation and its innovative grantmaking in the philanthropic community and provides an important interface with the community. Creates a positive and collaborative working relationship with all staff, board members, community members and peers. Represents the foundation at regional and national conventions, convenings, and events, including serving on panels participating in forums. Board/CEO Support: (15%) Provides high-level guidance to staff, across departments, throughout the process of developing and contributing grantmaking materials to the quarterly board book. Provides support and guidance on board governance activities including addressing conflicts of interest, foreign disclosures, and questions related to board & CEO discretionary grants. Works closely with the CEO to support the board and provides the CEO with key advice on data analysis of Cal Wellness grantmaking and trends in the field.     CANDIDATE PROFILE Education: While there are no specific degree requirements for this position, the selected candidate must possess a combination of skill, experience and education that clearly demonstrates high-level critical thinking, communication and analytical skills. Experience and Education: Minimum of 5-7 years of mid-to-high level grants management experience. Experience providing functional management to small team of employees. Expert in leading enterprise-wide process improvement initiatives. Previous experience in implementation and/or administration of a grants management database. Understanding of and experience with implementing and maintaining enterprise ERP, CRM, and/or grants management systems. Experience or high-level of comfort with Salesforce/foundationCONNECT system is a plus. Comfortable interacting with and providing service to all levels of the organization, from program staff to CEO/board. Superb written and verbal communication skills. Strong time management and project management skills. Attention to detail and accuracy. Comfortable working in a highly collaborative environment. Able to keep focused and navigate periods of organizational change. Core Competencies The ideal candidate will embody Cal Wellness’ core competencies: Live our Core Values: Respect, Integrity, Accountability, Equity, Stewardship, Excellence, Learning, and Trust. Drive Towards Innovation: Be bold. Experiment and learn from both successes and failures. Make a Difference: Yes, we can. Own our responsibilities and our ability to make positive change. Contribute to One Team: We’re in this together. Our success is a collective effort. Show Courage: Be thoughtful but act on your convictions. Be open to feedback. Travel Periodic travel to our Oakland office and to convenings may be required (10% or less).      THE CALIFORNIA WELLNESS FOUNDATION The California Wellness Foundation is a private, independent foundation established in 1992 with a mission to protect and improve the health and wellness of the people of California. As one of the largest health-focused foundations in California, with over $900 million in assets, Cal Wellness is a nationally recognized leader for its strategic core operating support for grantees; public policy grantmaking; and a focus on violence as a public health issue. It is Cal Wellness’ desire to promote equity and level the playing field so that everyone has access to good-paying jobs, healthy and safe neighborhoods, and quality health care services. The Foundation’s current Advancing Wellness grantmaking strategy includes three interrelated portfolios: Bridging the Gaps in Access and Quality Care, Promoting Healthy and Safe Neighborhoods and Expanding Education and Employment Pathways. Since its founding, Cal Wellness has awarded nearly 9,000 grants totaling more than $1 billion. In 2017, Cal Wellness celebrated its 25th anniversary. As the Foundation looks to the future, it is pursuing new and innovative strategies beyond its core grantmaking to advance its mission, including implementation of new technology systems, development of its public affairs capacity and establishing mission- and program-related investment portfolios. Cal Wellness has a diverse staff and Board and continues to enhance its deep commitment to diversity, equity and inclusion, both internally and externally. The Foundation’s work underscores a belief that wellness requires social justice, a deep commitment to diversity, equity and inclusion, and sustained efforts to eliminate systemic barriers that prevent access to health care, education, employment and safety. Please visit  calwellness.org  for more information.   COMPENSATION For this position, the selected candidates  starting  salary may range from $122,000 to $153,000 per year, commensurate with skills and experience. Highlights from our benefit package include: a variety of health plans, a generous 401(k) retirement savings plan, paid time off, professional development and educational opportunities, matching gifts, and the opportunity to work at a mission and values driven organization.   TO APPLY Applications will be accepted from June 27, 2019 through July 26, 2019.   Please upload your resume and letter of interest by July 26th!   The California Wellness Foundation is an equal opportunity employer and welcomes a diverse candidate pool.   The above job description is intended to describe the general nature and level of work performed and is not intended to limit the scope of potential work assignments. This is only a summary of the typical functions of the job and duties may differ from those as outlined above.
The California Wellness Foundation Los Angeles, CA, USA Development