Vice President

MISSION

Stewarding potential to build His kingdom

VISION

Equipping vital congregations and their donors in Virginia to be effective stewards of their God-given resources to expand ministry into the future and impact the kingdom of God.

VALUES

Relationships – We serve one another in the spirit of Christ – who ‘gave His life a ransom for many.’ We embrace each other’s differences so that we can enrich the well-being of all.

Integrity – We deal honestly, humbly and fairly with the public and one another.

Excellence – We strive continually to learn and improve so that we may achieve the highest ideals of spiritual ministry and public service.

Stewardship – We share a commitment to resource effective planning and managing assets as good stewards with the United Methodist churches and donors in the Virginia Conference.

ABOUT THE FUND

The Virginia United Methodist Foundation (VUMF) was formed in 1971 as a means of providing stewardship education and managing assets for local churches, districts and agencies of The Virginia United Methodist Conference. Its specific activities include receiving, accepting, promoting and encouraging gifts, donations, contributions, bequests and devises for the use and benefit of the United Methodist Church. Additional beneficiaries are the institutions, agencies, boards, churches, schools and other entities thereof, and the programs, initiatives, and missions supported or sponsored by or affiliated with the United Methodist Church or the Conference.

The Foundation’s 23-member Board of Directors, a majority of which is appointed by the Conference, is comprised of committed United Methodists dedicated to carrying out the shared vision of endowing Methodism throughout the Conference. The organization seeks to accomplish this goal by acting as a resource to aid the financial development of ministries of local churches, agencies and individual members.

The Foundation has also created a Grants Fund with the primary purpose to make strategic awards to support projects, ministries and initiatives throughout the Conference that have the capacity or potential to enrich ministries in local churches and/or affiliated agencies, expand the outreach and ministry into the community and enhance the ministry impact of United Methodist churches throughout the Virginia Conference. The Grants Initiative is an effort for the Foundation to give back to the Conference, its churches and its ministries to extend their outreach into the community.

During the past six years, the Foundation and the Development Company have witnessed extraordinary growth and are on a trajectory for future growth. The Foundation has an annual budget of around $1M and a full-time staff of six.

Virginia United Methodist Development Company, LLC (‘DevCo’)

Virginia United Methodist Development Company, LLC (DevCo) was formed in 2014 by the Foundation, the sole member. DevCo was established as a financial service ministry of the Foundation to provide a funding source for loans to United Methodist churches, institutions and other related organizations within the Virginia Conference, which may include retirement communities, colleges and other affiliates of the United Methodist Church. These loans may include, but are not solely limited to, mortgage loans, renovation and construction loans, building and land acquisition loans, and other capital investment loans.

DevCo’s focused perspective remains: Strengthening the local church to expand ministry in its community through effective planning and ongoing consultation as we manage assets and provide support to fulfill its enduring local mission.

The Development Fund has a Board of Managers currently consisting of 8 members. The annual budget for DevCo is approximately $600,000 and the Foundation staff supports the work of DevCo.

THE OPPORTUNITY

The organization is poised to grow exponentially over the next five years.

The Vice President of Investments will oversee the strategic direction and management of the organization's investment and loan portfolio to ensure the alignment with its mission, values, and financial goals. The VP of Investments will work closely with the senior leadership team, The Foundation Board and the Development Company Board of Managers to develop and implement investment strategies and loan policies to support the mission of the Foundation.

VUMF has experienced significant growth over the last couple of years and it has been accompanied by cultural change, as is typical in times of organizational advancement. The opportunity exists for the VP to lean into the phrase “Methodists helping Methodists” and work with leaders in the Conference to build upon existing relationships and continue to provide guidance to churches on stewardship.

CANDIDATE PROFILE

The Virginia United Methodist Foundation seeks a proven nonprofit leader with at least five years’ progressive leadership experience and a passion for the mission of the Foundation. The selected candidate will be a visionary with strong strategic planning experience and skills, adept at leadership through change. Experience in foundation work/philanthropy and fundraising is preferable, though not a requirement. The selected candidate will have deep management experience and be a battletested leader. Strong financial acumen is a must.

The successful candidate will serve as a representative of the Virginia United Methodist Foundation and shall be a relationship-based leader, skilled in coalition building and working with diverse stakeholders, practiced at public speaking, and able to understand the nuances of the United Methodist church and a faith-based organization. An ability to build on the Foundation’s reputation as a responsive, accessible, and trusted partner is a necessity.

Key Responsibilities:

1. Investment and Loan Strategy and Management:
   • Develop a comprehensive investment strategy in line with the Foundation’s mission and financial goals. Coordinate with outside investment firm on investment strategy and policy.
   • Oversee the management of the investment and loan portfolio, including asset allocation, risk management, and performance monitoring.
   • Leverage banking experience as well as coordination with outside expertise to set loan interest rates.
2. Financial Analysis and Reporting:
   • Conduct thorough financial analysis and due diligence on potential investment and loan opportunities.
   • Prepare regular investment and loan performance reports for the President, Board of Directors, and other stakeholders.
3. Stakeholder Engagement:
   • Communicate effectively with donors, trustees, and other stakeholders about the organization’s investment performance and strategy.
   • Represent the organization in investment-related meetings, conferences, and events.
4. Team Leadership and Development:
   • Lead and mentor the team, fostering a culture of continuous learning and professional development.
   • Establish and maintain strong relationships with external investment managers, advisors, and consultants.

Qualifications:

• Bachelor’s degree in finance, economics, business administration, or a related field. MBA or CFA preferred.
• Minimum of 10 years of experience in investment management, with a track record of successful portfolio management.
• Experience working in or with non-profit organizations is highly desirable.
• Strong analytical skills and the ability to interpret complex financial data.
• Excellent communication and presentation skills.
• Knowledge of the United Methodist Church is preferred.
• Proven leadership and team management abilities.

For further information about the Virginia United Methodist Foundation, please see https://vaumfoundation.org/.

How To Apply

Email resume and cover letter to: foundationjobs@vaumc.org