Philanthropic Fund Management Director
Company: Mayo Clinic
Location: Rochester
Posted on: March 22, 2026
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Job Description:
Mayo Clinic is top-ranked in more specialties than any other
care provider according to U.S. News & World Report. As we work
together to put the needs of the patient first, we are also
dedicated to our employees, investing in competitive compensation
and comprehensive benefit plans – to take care of you and your
family, now and in the future. And with continuing education and
advancement opportunities at every turn, you can build a long,
successful career with Mayo Clinic. Benefits Highlights • Medical:
Multiple plan options. • Dental: Delta Dental or reimbursement
account for flexible coverage. • Vision: Affordable plan with
national network. • Pre-Tax Savings: HSA and FSAs for eligible
expenses. • Retirement: Competitive retirement package to secure
your future. Responsibilities Mayo Clinic is committed to honoring
benefactor intent and upholding the highest standards of
accountability, transparency, and stewardship. The Director of
Philanthropic Fund Management provides strategic leadership to
align philanthropic fund management by facilitating collaboration
across the organization, establishing a shared approach to managing
benefactor-funded accounts, aligning resources with institutional
goals, and refining frameworks that support Mayo Clinic’s
philanthropic objectives and emerging needs. In this role, the
Director guides processes and communication efforts—working in
close partnership with Development Finance—to ensure the efficient
administration of benefactor-funded accounts and long-term
stewardship of benefactor relationships. Through transparent
reporting, proactive communication, and strong internal
partnerships, the Director ensures benefactor funds are used
effectively and in accordance with benefactor intent. This includes
partnering in the full lifecycle of benefactor-funded accounts to
promote shared understanding of gift intent, fund purpose, and
usage expectations, ensuring those responsible for expending funds
have the information, context, and offering guidance needed to do
so appropriately in a way that supports both accountability and
ongoing philanthropic relationships. Responsibilities include
safeguarding benefactor intent through interpretation of legal gift
documentation; partnering with Development Finance to verify fund
structures and financial setup; monitoring and auditing fund
activity; and shaping policies aligned with regulatory, fiduciary,
and industry best practices. Key duties include partnering on new
fund establishments; leading institutional reporting such as annual
endowment reports, departmental reviews, and compliance reporting;
providing targeted fund usage insights to stewardship and
development officers; identifying opportunities to improve
processes and consistency; supporting policies for timely and
appropriate fund spending; monitoring expenditures for alignment
with gift agreements; and facilitating fund transitions or
repurposing when necessary, including engagement with benefactors,
Legal, and Finance partners. The Director collaborates with
Development leadership, Development Finance, Stewardship and
Recognition, physicians, scientists, and administrators to support
appropriate fund usage and informed decision-making. Additional
responsibilities include delivering education and guidance on fund
management policies, serving as a stewardship-focused liaison with
Development Finance and responding to inquiries related to
benefactor intent and allowable use. Qualifications Minimum
Education and/or Experience Required • Bachelor’s degree in
Accounting, Finance or Business. • Minimum of five to seven years
of relevant experience with GASB/FASB accounting standards and/or
not-for-profit accounting and/or fund administration. • Experience
working in healthcare or other not-for-profit institutions
Licensure/Certification Preferred • CPA
Keywords: Mayo Clinic, Coon Rapids , Philanthropic Fund Management Director, Accounting, Auditing , Rochester, Minnesota
