Development Manager

Development Manager

Location: Remote within NY, NJ, or CT

The Role

ColorStack is seeking an experienced and highly motivated Development Manager to partner with the CEO in driving both the strategic vision and execution of the organization's fundraising efforts. The Development Manager will develop and manage our philanthropic funder portfolio, foster relationships, identify collaboration opportunities, and ultimately secure long-term funding to advance the mission of ColorStack.

The ideal candidate excels in crafting strategic plans and, equally importantly, in executing them. If closing deals is your love language, you're fluent in nonprofit, and you're ready to contribute to the growth of a dynamic and impactful organization, we encourage you to apply by January 15, 2025.

About ColorStack

ColorStack is a 501(c)(3) nonprofit founded in 2020 by Jehron Petty with the mission to increase the number of Black and Latinx Computer Science graduates that go on to start rewarding technical careers. Since inception ColorStack has cultivated a community of 13000+ students from 1000+ schools across the country, representing 10% of all Black and Latinx computer science students in the U.S. To date, ColorStack has raised over $6M in funding, and developed relationships with 50+ of the worlds top tech companies.

We do what we do because we envision a future where Black and Latinx technologists are at the forefront of innovation. Our team values teamwork, giving and receiving feedback, transparency, a bias for action and having fun.

Read more about us below.

• ColorStacks Fiscal Year 2024 Impact Report

• 2024 Fast Forward Demo Pitch

• Reinventing tech's pipeline: Inside the effort to boost Black and Latinx talent

• How ColorStack Is Working To Increase The Number Of Minority Computer Science Students

• Jehron Petty's Nonprofit Inspires BIPOC Computer Science Students

What Youll Do

• Develop and implement targeted fundraising strategies to secure foundation support.

• Research and qualify new funding opportunities, ensuring alignment with ColorStack's mission and goals.

• Establish and maintain strong relationships with foundation prospects through consistent communication and outreach.

• Lead the end-to-end grant proposal process, from drafting to submission, ensuring timely and high-quality applications.

• Track and report on grant performance, providing regular updates to both funders and internal stakeholders.

• Collaborate with program teams to gather essential data and compelling evidence for proposals.

• Equip the ColorStack team with the skills and strategies needed to effectively build relationships and successfully close funding opportunities.

• Represent ColorStack at events, conferences, and meetings, fostering partnerships and advocating for our mission.

• Partner with leadership to refine and execute overarching fundraising strategies.

Preferred Qualifications

• 5-7 years of experience in fundraising development.

• Raised over $2M annually from traditional philanthropic foundations.

• Analytical mindset with a focus on data-driven decision-making.

• Proficiency in HubSpot, Notion, and Google Suite.

• Strong understanding of the tech industry and university recruiting processes.

• Highly organized with a strong attention to detail.

• Excellent communication, negotiation, and interpersonal skills.

• Ability to work both independently and as part of a team.

• Commitment to diversity and inclusion in the tech industry.

Travel Requirements

• Ability to travel 20-30% of the time. This includes traveling as needed for meetings and events.

Values Alignment

To fulfill these responsibilities, the ideal Development Manager candidate will embody ColorStacks internal team values in their work with team members, community members, alumni, partners, and stakeholders. The values include:

• Default to action - We have a sense of urgency and don't wait for perfection. We put our work out and track feedback for improvement.️ 
• Communicate early and often - We over communicate to create clarity and the conditions for success.
• Obsess over the details - We focus on pairing the right details with the greatest potential for impact.
  
• Output over input - We know that not all work is created equal. We align our efforts to move the needle on key results.
• Ask for feedback - We encourage collaboration and seek multiple perspectives to enhance your work.
• Embrace the pivot - We embrace flexibility. Some of the best decisions we've made came from a "wrench" being thrown.
• Lead with empathy - We do our best to support one another, because life happens.

Compensation & Position Type

• Position Type: Full-Time Employee

• Reporting to: CEO

Compensation & Benefits: The salary range for this position is $90,000-$100K and includes a robust benefits package, including Medical and Dental Insurance, flexible paid time off, 401(k) with a 3% match, an annual professional development budget, two company retreats, and Team Coaching. More details can be provided upon request.

ColorStack is an equal opportunity employer committed to a policy of equal treatment and opportunity in every aspect of its hiring and promotion process without regard to race, color, creed, religion, sexual orientation, partnership status, gender and/or gender identity or expression, marital, parental or familial status, national origin, ethnicity, veteran or military status, age, disability, or any other legally protected basis.