The 11th Hour Project, a Menlo Park-based program of The Schmidt Family Foundation, is committed to promoting a responsible relationship with the planet’s food, water and energy resources. We are an equal opportunity employer and strives to create an atmosphere where diversity of identity, experience, and background are welcomed, valued and supported.
The Schmidt Family Foundation seeks a highly self-motivated and detail-oriented professional who will be a part of the Impact Investing team. Through its investments, the Impact Investing team works to achieve similar goals as the Foundation’s grantmaking programs in sustainable agriculture, energy, human rights, and marine conservation. This position will report to the Director of Impact Investments, and is an exciting opportunity for the right candidate. The successful candidate will be results-oriented, have a demonstrated ability to work individually and on a team, be flexible and adaptable as responsibilities change and as the program builds out its strategy and team. The ideal candidate must take initiative, be organized, and able to help create systems and processes for information management for the program.
Ensure all information is current and accurate for all portfolio companies on a regular basis, which includes reviewing investee reports, and tracking compliance with financing milestones and legal investment requirements.
Play a lead role in managing and improving an investment database to optimize efficiencies for the Impact Investing program. Take initiative to recommend improvements.
Generate a variety of financial reporting and analyses for use by impact investing (II) team and others as requested.
Responsible for maintaining investment timelines, documentation, and investment files to ensure timeliness and completeness for both new and existing loans and investments.
Engage in conducting market research on sectors of interest.
Assist with performing due diligence related tasks on potential investments, including industry analysis, competitive assessment, product-market fit, go-to-market validation, and financial modeling.
Work with other team members as needed with logistics of meetings, events, and conference calls.
Take on and/or initiate special projects to enhance the effective operations of the program.
Respond to internal and external investment inquiries, and communicate professionally with investees, co-investors, and other program and impact investment partners.
Desired Knowledge and Experience
Bachelor's degree in Finance, Business, Economics or a related field.
A minimum of 3 – 5 years of experience in investments or a related field.
Work experience related to financial administration.
Aptitude for quantitative analysis, either generally or related to financial transactions; advanced Excel experience, a plus.
Excellent analytical, research, organizational, and project management skills.
Strong attention to detail, and commitment to consistently providing high-quality deliverables.
Knowledge of due diligence practices and investment performance monitoring.
Ability to work on multiple projects simultaneously with a strict adherence to deadlines.
Excellent team collaboration, to work flexibly and interactively within the Impact Investing team.
Effective verbal and written communications skills.
Ability to be a self-starter and occasionally work with minimal direction.
A positive attitude and strong working relationships with Foundation staff, consultants, borrowers/investees, and constituencies in the impact investing field.
Passion for and/or experience working on the focus issues of the foundation a plus.
Compensation and Location
The Schmidt Family Foundation offers a competitive salary that is commensurate with experience and an excellent benefits package that also includes green and wellness benefits. The position will be based in Menlo Park, CA.
CEA Recruiting is assisting The Schmidt Family Foundation with this search. To be considered for this position, interested candidates must follow the link below to submit an application. Please submit your resume and a cover letter that expresses both your passion for the mission and fit for the role, along with your salary requirements through CEA’s job portal. Please direct all applications and inquiries to CEA Recruiting. This position will remain open until filled.
The Schmidt Family Foundation is an equal opportunity employer and strives to create an atmosphere where diversity of identity, experience, and background are welcomed, valued and supported.
Program Manager – Energy Program (Full-Time)
The 11th Hour Project, a Menlo Park-based program of The Schmidt Family Foundation, is committed to promoting a responsible relationship with the planet’s food, water and energy resources. The Foundation’s Energy Program is focused on two linked goals: reducing our reliance on fossil fuels and accelerating an equitable transition to renewable energy. We are looking for an exceptional person to manage the program’s work supporting adoption of renewable energy and ensuring strong community benefit from this transition. Our work on renewable energy includes support for distributed generation, a focus on access and ownership opportunities for underserved places and scrutiny of utility structures. The Program Manager must have an excellent work ethic, be highly skilled at setting priorities, and possess a willingness to jump in with both feet. The successful candidate will be confident, smart, and highly productive; a quick study who thrives in a high-performing organization.
This position reports to the Program Director for the Energy Program.
Manage the program strategy for a defined area within a broader program, including a detailed theory of change with logic model, tactics and outcomes
In collaboration with team members, identify potential opportunities for transformational change and develop grant recommendations to achieve program objectives
Foster a dynamic, collaborative environment with other members of the team and TSFF management to work together to achieve program goals as well as TSFF goals overall
Present grant strategy and recommendations to the Executive Director and Board
Solicit, review and analyze grant proposals
Prepare and complete grant documentation for approval by the Program Director
Maintain grant files, including contact management, evaluations and metrics reporting
Work closely with grants administration and finance teams to ensure grants are processed in a timely, accurate and compliant manner
Lead positive and productive partner and grantee relationships with a wide range of organizations and individuals
Manage and execute site visits to regions of geographical focus
Maintain and share knowledge of current events in the assigned strategic area as it relates to programmatic outcomes
Build, maintain and expand upon an existing network of thought-partners and advisors
Represent the Foundation at conferences and gatherings
Other projects as assigned
MINIMUM ABILITY, SKILL, & KNOWLEDGE REQUIREMENTS
Brings a passion for the mission of The 11th Hour Project, and The Schmidt Family Foundation
Ability to work effectively in a small organization with an emphasis on teamwork
Proven oral and written communication and presentation skills, with the ability to actively participate in group meetings
Critical thinking, conflict resolution and interpersonal skills to interface and coordinate professionally with a number of diverse internal and external contacts, including grantees, vendors and fellow team members
Flexibility to work simultaneously on a wide range of projects and ability to prioritize tasks, manage time effectively and meet deadlines
Ability to work both as a team member and individually, with a high level of self-motivation
Ability to speak, read, and write effectively in English
Ability to work legally in the United States
Ability to work in Menlo Park, California
Comfort with occasional periods of intensive travel
MINIMUM PREVIOUS EXPERIENCE, TRAINING, AND EDUCATION
Strong technical expertise on renewable energy systems
Familiarity with environmental policy
Bachelor’s Degree in a related field, or equivalent education, with a record that demonstrates suitable preparation for the position
4 - 6 years of relevant experience
Experience with and knowledge of environmental justice strongly preferred
Demonstrated project management skills with experience in administration strongly preferred
Fluent in Microsoft Office programs
Demonstrated expertise in successfully managing a budget
Experience using an online database strongly preferred
Non-profit experience and/or volunteering experience strongly preferred
This position does not supervise any employees at this time.
WORKING ENVIRONMENT/MINIMUM PHYSICAL REQUIREMENTS
Approximately 90% of time spent on the job involves use of a video display terminal; therefore, the candidate must be able to sit for extended periods and to utilize standard ergonomics practices. This position primarily works in an office environment, requiring the following activity: lifting and carrying materials weighing up to 15 pounds, kneeling, and bending. Must be able to use standard office equipment such as copiers and faxes.
COMMITMENT TO DIVERSITY
The 11th Hour Project is committed to using its philanthropic resources to deepen and expand its relationships with organizations led by people of color - both operationally and programmatically. The 11th Hour Project is an equal opportunity employer and strives to create an atmosphere where diversity of identity, experience, and background are welcomed, valued and supported.
The 11th Hour Project believes that diversity brings about greater sustainability on all levels and aims to use its resources to generate greater social and environmental diversity through its grant-making and other related investments.
Employees must adhere to all applicable Foundation policies and procedures. Regular and predictable attendance is required. Willingness and ability to travel and work non-standard business hours, such as nights and weekends, on an as-needed basis is required. Employees must be able to cope effectively with deadlines and multiple demands.
The position is based in Menlo Park, CA . Salary commensurate with experience. Excellent benefits provided. To apply, email resume and cover letter to firstname.lastname@example.org with the job title in the subject line.
No phone calls please.
MANAGING DIRECTOR, IMPACT INVESTING
The Managing Director will will be responsible for developing all areas of the Foundation’s impact and program related investing strategy and portfolio construction process, both in the US and internationally, in alignment with the foundation’s mission of creating a more responsible relationship with the planet’s natural resources.
Working closely with the Foundation’s Program Directors, the Managing Director of Impact Investing will be responsible for identifying, originating, structuring, and executing investments that deliver real social impact. The Foundation has a high-touch, relationship driven investment approach which applies internally in its collaborative relationship with grant making programs, externally with potential co- investment partners and, most importantly, with portfolio companies in the form of welcome, on-going support.
The Managing Director will be an active investor, manager, and collaborator within the Foundation, and a credible and effective advocate for innovative blended financing strategies among the broader philanthropic and social sector community. S/he will contribute to building the strategy, culture and operating approach of the investment team to complement the overall programmatic work of the Foundation. This is a hands-on entrepreneurial role requiring flexibility, creativity, and nimbleness from the Managing Director and his/her team.
This position oversees a team of four, the Schmidt Marine Technology Partners (3 staff) and a Director of Program-Related Investments (1 staff).
This role is based in Palo Alto, CA and reports directly to the Foundation’s Executive Director, Joe Sciortino.
Additional responsibilities include:
Overseeing and further developing the portfolio of mission-related investments (currently 35 active investments totaling $20 million in outstanding and committed investments), including Program- Related and Mission-Related Investments (collectively, “mission investments”).
Preparing a strategy and plan for growth in the impact investing of the Foundation.
Formulating the investment strategy, identifying and sourcing investment opportunities, conducting due diligence, recommending investments to the Board or other applicable body, negotiating the terms, and monitoring the performance of all mission investments. Providing technical assistance to investees as needed (e.g. Business Plan review; etc.)
Serving as Board observer or Board representative, as applicable.
Ensuring the right balance of innovation, charitability, return expectations, and appetite for risk, which together help distinguish our mission investments as an investment tool and the foundation as an impact investor.
Working with program teams to align grant-making strategies and outcomes with mission investments.
Managing the policy portfolio and investment guidelines for mission investing.
Developing metrics for assessing performance of mission investments and effective reporting for internal and external relations, including coordinating with relevant internal and external experts on defining and measuring impact in various fields. Regularly communicating and presenting the investment portfolio's activities, results, strategy, and lessons to the Executive Director and Board.
Proper documentation of investments and valuations for accounting and audit purposes.
Serving as a leader in the field, seeking opportunities to share learning and experience in field- building efforts.
Building a team (including analysts and other experts) to support due diligence and monitoring of investments.
Coordinating with other family office and related foundation entities to serve as a resource and to collaborate with experts across the Schmidt organization.
The successful candidate will be a dynamic and entrepreneurial team leader with an established reputation and deep experience in impact investing and program related investing. S/he will ideally bring experience leading similar efforts in an endowment, foundation, impact investment fund, or similar organization.
We are looking for a skilled strategic investor and leader with a deep sense of social justice, a belief in the Foundation’s mission of creating a more responsible relationship with the planet’s natural resources, and a set of personal and professional values that align closely with the Foundation’s core values. S/he will have strong analytical skills, financial and business acumen, and the knowledge, experience and judgement to make reasoned, well-articulated, and impactful investments.
The Managing Director will have an excellent reputation, the highest ethical standards, and the stature, credibility and mission orientation to interact with social entrepreneurs, operating management, co- investors, advisors and other partners.
High degree of honesty and integrity and commitment to the Foundation's mission
Extensive network of social investors and experience collaborating with other funders and investors in the US and abroad
Superior understanding and proficiency in negotiating, structuring, and overseeing equity and debt investments, including program related investments and impact investing
Superb entrepreneurial skills demonstrating experience and competencies in start-up efforts
Extensive experience managing small, highly accomplished teams to drive investment results.
Demonstrated leadership presence; visionary with strong skills in verbal and written communication, relationship building, networking, and public speaking
Team player who works well in a collegial environment
An MBA and/or CFA designation is preferred, with a strong grounding in finance and investing
The position is based in Menlo Park, CA. Salary commensurate with experience. Excellent benefits provided. To apply, email resume and cover letter to email@example.com, with the job title in the subject line. No phone calls please.
Communications Manager (Full-Time)
The 11th Hour Project is looking for a full-time Communications Manager to take a leadership role in developing our internal and external communications and public relations projects. The11th Hour Project is a grant-making entity of the Schmidt Family Foundation, based in Palo Alto,California. We are a small, dynamic team that is looking for a truly exceptional person to contribute to the strategy and implementation of our communications activities across our program areas: Energy, Food and Agriculture, and Human Rights. We are highly collaborative, but much work is independent and autonomous. We are seeking a bright, talented individual with a passion for these areas and demonstrated experience in journalistic writing/editing, general communications and marketing practices, social media strategy, web content oversight, and project management
Duties and Responsibilities
Manage internal and external communications activities of The 11th Hour Project, including:
Draft and edit content for a wide variety of print and digital platforms for internal and external communications (e.g., press releases, op-eds, program profiles, publications, Board briefings,talking points, speeches, collateral for learning initiatives, newsletters, etc)-Work with program staff to assist with communications strategy and to pitch stories of grantees to news outlets and other potential media partners.
Collaborate with partner organizations to develop communications strategy and general communications capacity.
Partner with media publications to elevate work of The 11th Hour Project and its grantees.
Develop communications best practices for the organization to be used across program areas.
Stay current on the latest social science research related to communications across program areas.
Ensure that written materials serve to reinforce the foundation’s brand and key messages.
Edit documents for substance, organization, appropriateness, accuracy, syntax, and style.
Act as primary liaison with PR vendors, monitoring deliverables and deadlines.
Take responsibility for content management and maintenance of website.
Take responsibility for social media strategy and oversight of social media interns.
Enhance and maintain foundation’s online engagement, web analytics, and digital materials.
Bachelor’s Degree in journalism, communications, public relations, marketing, or a related field.5 – 8 years professional experience in organizational communications, journalism/media, marketing, or public relations.
Exceptional written and oral communication skills. Strong preference for experience with journalistic writing.
Strong project management skills.
Proven experience with various forms of social and digital media.
Working knowledge of website design and back engine functionality.
Ability to meet deadlines and complete tasks with a high degree of accuracy and dependability; be detail-oriented.
Ability to multitask and prioritize multiple projects at once.
Flexibility and willingness to course correct, as needed.
Excellent interpersonal skills, including the ability to maintain a positive collaborative relationship with staff and external vendors.
Deep interest in The 11th Hour Project’s mission and program areas.
Willingness and availability to travel throughout the year (minimal).
Experience working in or with non-profits or philanthropic organizations a plus.
This position will report to the Director of Emerging Strategies and is based in Palo Alto, CA.Salary commensurate with experience. Excellent benefits provided.
Social Media & Communications Intern
We seek to hire a Social Media & Communications Intern (maximum of 20 hours/week) to help with various duties, including:
Managing The 11th Hour Project accounts on Facebook, Instagram and Twitter
Building a strategic community of followers for The 11th Hour Project
Helping to produce The 11th Hour website content
Organizing creative assets for communication purposes
Supporting Communications Team on special projects
College degree (or currently a college student).
Passion for the mission of The 11th Hour Project
Knowledge of different communication channels and social media networks
Avid user of social media platforms with keen sense for how people are using them (i.e., social media trends)
Knowledge of web content creation
Strong interest in pursuing a career in communications or content/digital marketing
Excellent written and oral communication skills
Strong knowledge of MS Word, Excel, PowerPoint, and Outlook
Commitment to excellence, including meeting deadlines and completing tasks with a high degree of accuracy, dependability and attention to detail
Commitment to ensuring professionalism through courteous and respectful interactions with all stakeholders
Ability to take initiative and work independently
Eagerness to learn
This six-month paid internship will begin March 2019.