What We Do
Foundation Source helps people and companies make a difference in the world with their private foundation giving.
Overview of Position
Foundation Source is seeking an experienced, energetic, motivated salesperson to help drive our strategic vision in Texas. As director of business development, you will join a seasoned team and mature company as we dynamically leverage technology and services for private foundations to grow our business. You will represent Foundation Source and its offerings to high new worth families, foundation leaders, and advisors. You will be responsible for building and maintaining strong relationships with current and new centers of influence to advance business opportunities with emerging or established private foundations. To accomplish this, you will hold meetings (in-person and virtual), conduct webinars, do public speaking, build awareness, and deepen relationships. The role requires you be fluent in private foundations and our value proposition and be expert in discussing our services and providing platform demos. Using a consultative approach while being a true “hunter,” you will identify prospects and generate leads. An inside sales team will also generate leads from marketing-driven campaigns and inside sales-led outbound activities. You will strategically tap our internal subject matter experts and sales colleagues to advance your sales process. Ultimately, you drive the sales process from your prospecting and inbound qualified leads through proposal and engagement (contracting). You will have a set revenue goal. In delivering new relationships, you will work closely with client services to ensure a successful customer journey from sales to service.
Successful candidates must demonstrate curiosity, passion, drive, and collegiality. The director of business development must be comfortable working as part of a team. You will collaborate with your regional team to ensure success in the Southwest, and you will contribute to the national sales team to help build an esprit de corps. Prior sales experience and location in Texas is required; experience in philanthropy is strongly preferred.
The director of business development is responsible for securing new business from Texas. In
this role, you will:
- Grow your knowledge of the philanthropic sector and private, non-operating foundations
- Serve as the primary contact for developing business and broadening our reach in the designated territory
- Meet or exceed individual production goals
- Conduct outbound calling to develop new and strengthen existing COI relationships
- Establish Foundation Source as a resource for guidance, education, and service in the private foundation sector in Texas
- Maintain positive and trust-based relations with influencers, stakeholders and decisionmakers
- Drive deeper relationships with referral sources, such as wealth advisors, CPAs, attorneys, and family offices
- Develop a productive working relationship with Strategic Alliances firms and nurture
- Connections to firms’ specialists such as advanced planners, wealth management consultants, and philanthropic specialists
- Represent our value proposition and position our cloud-based platform, services, and fees to ensure clarity in offering
- Build and enhance Foundation Source’s public profile at events, speaking engagements, webinars, presentations, etc.
- Collaborate with stakeholders (external and internal) to stage and follow-up on territory events, networking gatherings, or education sessions for existing clients, new prospects, and centers of influence
- Work closely with Business Development Representatives on coordinated lead generation efforts and actively work qualified leads
- Establish and manage sales cadence for a high-performance practice
- Effectively manage your sales pipeline to progress opportunities through the sales funnel stages
- Share best practices and partner closely with the Sales team on success stories and strategies for increasing business
- Execute on Sales and firm-wide initiatives
- Contribute to regional team goals
- Use Salesforce.com and to capture all sales activity with accuracy and timeliness
- Adopt all sales enablement tools
- Capture all Discovery to inform proposals and align contracting
- At least 5 years of direct Sales experience
- Proven track record of delivering sales results
- Critical and strategic thinker who can also focus on details
- Fluent in a consultative sales approach
- Excellent verbal and written communication skills
- Strong planning, organization, and time management skills
- Independent and results-driven yet a team contributor
- Ability to work in a fast-paced, dynamic environment and absorb change
- Located in a Texas metro market
- Ability to maintain a home office
- Carry out travel (per state, federal or corporate guidelines to maintain health and safety during COVID or any other crises)
- Experience in the following fields is highly preferred: Philanthropy, Private Foundations, Tax and Estate Planning, or Financial Services
- Bachelor’s Degree required, Advanced degree Preferred
About Foundation Source
Foundation Source is America’s leading provider of support services for private foundations— from set-up and administration to high-level philanthropic advisory services. The Company’s full suite of back-office, online, and advisory services helps its foundation clients ease the administrative burden, engage board and family members, and deliver greater social impact. Foundation Source’s client base of foundations created and operated by high-net-worth and ultra-high-net-worth individuals and families has grown significantly over the years due to its innovative product offering and strong focus on philanthropy within the market. Today, Foundation Source serves over 1,600 private foundations nationally representing almost $15 billion in assets under administration. The Company is headquartered in Fairfield, CT.
Physical Demands and Work Environment
The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this position. Reasonable accommodations may be made to enable individuals with disabilities to perform the functions. While performing the duties of this position, the employee is regularly required to talk or hear. The employee frequently is required to use hands or fingers, handle or feel objects, tools, or controls. The employee is occasionally required to stand; walk; sit; and reach with hands and arms. The employee must occasionally lift and/or move up to 15 pounds. Specific vision abilities required by this position include close vision, distance vision, and the ability to adjust focus. The noise level in the work environment is usually low to moderate.
This job description in no way states or implies that these are the only duties to be performed by the employee(s) incumbent in this position. Employees will be required to follow any other job-related instructions and to perform any other job-related duties requested by any person authorized to give instructions or assignments. All duties and responsibilities are essential functions and requirements and are subject to possible modification to reasonably accommodate individuals with disabilities. To perform this job successfully, the incumbents will possess the skills, aptitudes, and abilities to perform each duty proficiently. Some requirements may exclude individuals who pose a direct threat or significant risk to the health or safety of themselves or others. The requirements listed in this document are the minimum levels of knowledge, skills, or abilities. This document does not create an employment contract, implied or otherwise, other than an “at will” relationship.
The company is an Equal Opportunity Employer, drug free workplace, and complies with ADA regulations as applicable.