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Associate - Grants, Gifts, Investments

The Associate for Grants, Gifts and Investments (GG&I) will help run the process by which Schmidt Futures vets, diligences, and ultimately approves grants, gifts, and investments of various sizes.  

Reporting to the Chair of the Investment Committee, the Associate will be responsible for helping to ensure the effective management and continuous improvement of our process for evaluating all proposals for their strategic fit, general soundness, and risk.  The Associate will also play an active role in GG&I review discussions, helping to surface issues, facilitate debate, and ensure prompt resolution of open issues.  They will help ask the right questions, find the right answers, and ensure that we maximize our impact in the world through grants, gifts, and investments that meet a very high bar.  

Key Responsibilities

Proposal intake 

  • Serving as a thought partner to program leaders as they work on their proposals for grants, gifts and investments, prior to formal proposal submission
  • Completing the initial review of all proposals for completeness and determining whether they are ready for further evaluation (or whether there are key gaps that need to be addressed)
  • In collaboration with the Chair of the Investment Committee, completing an initial review of all proposals for quality, escalating key issues and proposed paths to resolution

Proposal evaluation and diligencing

  • Helping to assign members of the Investment Committee and other reviewers to evaluate proposals in a timely manner and according to our rubric 
  • Facilitating the resolution of addressable issues surfaced during proposal evaluation, escalating to the Chair of the Investment Committee as needed
  • Synthesizing all feedback from reviewers and distilling for senior leaders the key items for discussion and open questions for debate
  • Preparing materials for our monthly Investment Committee meetings

Post-approval tracking and handoff

  • Capturing the decisions made in our monthly Investment Committee meetings as well as any next steps, and helping to ensure that those steps are taken  
  • Facilitating handoff to the appropriate teams internally to process grants, gifts, and investments that have been approved
  • Ensuring that all proposals have clearly defined impact targets, which are recorded in a centralized tracker
  • Helping to evaluate our portfolio by managing the process by which we determine whether individual grants, gifts, and investments met their targets

Continuous improvement

  • Recommending changes to our processes as appropriate so that we can sustain efficient and thorough evaluation even as Schmidt Futures continues to scale
  • Overseeing the implementation of new processes, new tools, and new approaches that improve either the speed or the quality of our review

 

Knowledge, Skills, and Abilities

  • A track record of driving impact at scale in high-intensity, team-based environments
  • Stellar project management skills, including the ability to craft and stick to a detailed work plan
  • Strong analytical skills and an ability to quickly narrow in on the most important questions
  • Exceptional problem-solving skills and an openness to creative, innovative solutions 
  • Exceptional written and verbal communication skills, including the ability to communicate effectively with senior executives and principals
  • Values-based, collaborative working style with demonstrated commitment to the highest standards of ethics and confidentiality
  • Unwavering commitment to equity and inclusivity both in the workplace and outside of it

 

Requirements

The Associate will:

  • Have 3 or more years of relevant experience in business, government, or philanthropy 
  • Have a bachelor’s degree or equivalent from an accredited institution
  • Be based in the Schmidt Futures offices in New York and be able to travel within the U.S. and internationally on a regular basis as needed following company policy and permitting circumstances.

About Schmidt Futures

Schmidt Futures is a philanthropic initiative, founded by Eric and Wendy Schmidt, that finds exceptional people and helps them do more for others together.  We knit talent into networks, bet on the most promising ideas through diverse forms of competition and support, and equip people to scale through partners and modern tools. To realize this vision, Schmidt Futures uses a broad set of tools — including gifts, grants, investments, and startup activity — for charitable, educational, and commercial efforts with a public purpose. Our initiative brings together the efforts of various charitable and non-charitable entities to improve our potential impact by making diverse types of capital available to the efforts we support.

Futures Action Network, LLC, which operates Schmidt Futures, is an Equal Employment Opportunity employer that proudly pursues and hires a diverse workforce. We do not make hiring or employment decisions on the basis of race, color, religion or religious belief, ethnic or national origin, nationality, sex, gender, gender-identity, sexual orientation, disability, age, military or veteran status, or any other basis protected by applicable local, state, or federal laws or prohibited by Company policy. We strive for a healthy and safe workplace and strictly prohibit harassment of any kind.

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