Manager, Business Development

Company: On Think Tanks - Independent Research, Ideas and A
Location: Washington
Posted on: January 26, 2025

Job Description:

The R Street Institute-a free-market think tank headquartered in Washington, D.C. and with regional offices across the country-seeks a motivated Business Development Manager to lead business development functions within the Business Development team. If you are the right fit, you will report to the Director of Business Development. If you want to join an impactful organization and do something extraordinary, we are looking for someone like you!Your typical day at R Street may start with researching prospective donors for one of our seven policy areas, followed by developing strategic fundraising strategies to generate revenue, meeting with a program team to finalize a proposal, and speaking with our president to prepare for a meeting with a new donor. This role will be a Business Development team member responsible for generating and implementing a fundraising strategy for a portfolio of policy programs, focusing on attracting and retaining foundation and corporate donors.Your primary responsibilities include:

• Generating a fundraising strategy that achieves assigned policy programs' fundraising goals.
• Leading the "moves management" functions to move prospects and donors through the process of identification, qualification, cultivation, solicitation, and stewardship.Other Aspects of Your Role
  • Maintain a healthy pipeline of donors and prospects for assigned program(s) with a focus on attracting foundation and corporate support.
  • Schedule and attend donor and prospect meetings and, in some cases, make the ask.
  • Conduct research to identify new prospects that align with Public Policy Influence Strategy and internal capacity.
  • Draft proposals and coordinate them for review across internal teams.
  • Develop and implement donor stewardship plans to ensure donors receive a positive return on investment and regular updates on our work.
  • Manage grant lifecycle activities, such as the execution of agreements, plan renewal discussions, and draft and submit reporting requirements.
  • Utilize Salesforce to forecast revenues and track donor engagements.
  • Collaborate with shared services teams to identify and pursue new funding and growth opportunities.
  • Understand and track policy developments to help drive and support each program's fundraising strategy.Skills and Qualifications
    • No particular educational background required (A proven track record of achieving results is far more meaningful than credentials)
    • Exceptional analytical and communication skills with an ability to synthesize complex information quickly and explain concepts clearly and concisely
    • Superior interpersonal skills and a strong team-orientation
    • Nonprofit grant management experience with corporate and/or large foundation donors that includes proposal writing
    • Ability to serve effectively in a cross-functional role working simultaneously with several different R Street organizational units
    • Self-starter with excellent attention to detail and an ability to manage competing interests and priorities
    • Proven track record of managing a healthy fundraising pipeline that achieved the organization's revenue goals through a mix of corporate and foundation donors
    • Customer relationship management experience (Salesforce strongly preferred but not required)
    • Adaptability and ability to work through challenging situations with a positive attitude, collaborative mentality, and an open mind
    • Support for R Street's passion for free markets and limited, effective government
    • A sense of humor and a desire to grow with a multifaceted organizationWorkplaceWe offer a flexible working arrangement. This is a full-time position that can either work the majority of the week in our D.C. office or be fully remote. Occasional travel will be required for events and conferences.Compensation, Benefits, and Perks: R Street strives to provide a compensation package superior to those at other think tanks and nonprofits. The salary range for this position is $70,000 to $80,000. In addition to a competitive salary, we provide the following:
      • Unlimited paid time off policy, including all federal holidays, the day after Thanksgiving, and two weeks holiday closure in December
      • Alternating Fridays off
      • Health insurance option entirely paid by the employer (even for families)
      • Dental and vision insurance
      • 401(k) contributions with up to a 4 percent match
      • HSA employer contribution match
      • Quarterly wellness reimbursement
      • Mobile equipment reimbursement
      • Home internet subsidy
      • Monthly mobile plan reimbursement
      • Annual educational and professional development reimbursement
      • A choice between child care assistance, pet care assistance, or student loan repayment assistance reimbursement.
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Keywords: On Think Tanks - Independent Research, Ideas and A, Richmond , Manager, Business Development, Executive , Washington, Virginia