Colorado Enterprise Fund (CEF) is a Denver based, 41 year-old non-profit lending source specializing in loans for small businesses and nonprofits that are unable to secure traditional bank financing. With total assets of over $23 million from a range of private and public funding sources, CEF makes loans of up to $500,000 throughout Colorado, with customers in a broad range of industries such as service and retail businesses, manufacturing, arts and entertainment enterprises, and nonprofits in the human services and community development sectors. Although a majority of the nearly 700 borrowers with active loans in 2016 are located in the Denver Metro and Front Range Area, CEF serves businesses throughout the state.
The Director of Development (DD) has primary responsibility for creating and implementing successful plans and strategies to maintain current and establish new funding sources for CEF programs and services. Revenues from federal, state and local government grants and contracts, and from bank and foundation grants and contracts currently account for about 60% of CEF’s budget. Reporting to the CEO, the DD’s responsibilities include the following: securing operating support for CEF, researching and cultivating funding prospects, writing and managing grants, and preparing funder reports and evaluations.
Bachelor’s degree is required; Master’s degree is desired.
Knowledge of and contacts with State and National funding sources such as foundations, government agencies, and corporations are required.
At least five to seven years of experience, with demonstrated success, in raising money through grants and other mechanisms is required.
Understanding of nonprofit management is required.
Experience raising funds for a CDFI or nonprofit economic development organization is preferred.
Experience designing and managing program evaluation is helpful.
Erickson-Pearson Search is a boutique search firm with 20+ years of experience, serving non-profit clients throughout the country, with a specialization in community development and community finance organizations.