Director of Development (Fundraising) Salary
Job Description for Director of Development (Fundraising)
The role of a development director (fundraising) is to develop and implement a strategic plan to raise funds for their organization in a cost-effective and time-efficient manner. The development director's primary responsibility, however, is to oversee fundraising, rather than to actually raise money themselves. This person may write grants, research foundations and corporations, and oversee or implement fundraising strategies; they mostly work mostly behind the scenes, establishing a structure for effective fundraising.Read More...
The development director may also be responsible for the financial condition of the organization, including developing business plans in collaboration with the board for the future of the organization. The development director is accountable to the executive director and the board, which grants the executive director the authority to run the company and reports to the executive director on a regular basis. The board often offer suggestions and ideas about how to increase the fundraising, including contacts, and the development director chooses how to implement these ideas to maximize inflow while keeping outflow at a minimum and keeping donors happy.
Directors of development usually hold a bachelor's degree in finance, business administration, economics, or a related field. Excellent communication skills are essential, as the development director also often fulfills a public affairs role as well. Directors of development also usually have extensive experience in development, fundraising, grantwriting, and/or other relevant work.
Director of Development (Fundraising) Tasks
- Develop and implement a strategic plan to raise funds for their organization in a cost-effective and time-efficient manner.
- May also be responsible for the financial condition of the organization along with business development.
- Oversees fundraising: write grants, research foundations and corporations, and oversee or implement other fundraising strategies.
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Popular Skills for Director of Development (Fundraising)
Survey results imply that Directors of Fundraising Development deploy a deep pool of skills on the job. Most notably, facility with People Management, Major Gifts Fundraising, and Strategic Planning are correlated to pay that is significantly above average, leading to increases of 46 percent, 11 percent, and 8 percent, respectively. Skills that pay less than market rate include Customer Relationship Management, Event Planning, and Marketing Communications. Those educated in Event Planning tend to be well versed in Marketing Communications.
Pay by Experience Level for Director of Development (Fundraising)
Median of all compensation (including tips, bonus, and overtime) by years of experience.
Experience and income seem to be closely related; in general, the survey respondents who had worked for more years reported higher incomes. Although individuals who have less than five years' experience earn $55K on average, people with five to 10 years benefit from a notably larger average of $67K. Directors of Fundraising Development claiming one to two decades of experience make an estimated median of $77K. Folks who have racked up more than 20 years in the field report incomes that aren't that much higher than less experienced individuals' earnings; the veterans make just $85K on average.
Pay Difference by Location
With a pay rate for Directors of Fundraising Development that is 48 percent greater than the national average, San Francisco offers a comfortable salary for those in this profession. Directors of Fundraising Development can also look forward to large paychecks in cities like Boston (+42 percent), New York (+38 percent), Washington (+31 percent), and Chicago (+29 percent). In Portland, salaries are 12 percent below the national average and represent the lowest-paying market. Workers in Charlotte and Denver earn salaries that trail the national average for those in this profession (11 percent less and 7 percent less, respectively).
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