Executive Director – Lotte & John Hecht Memorial Foundation
This executive search is conducted by Nelson/Kraft & Associates on behalf of the Lotte & John Hecht Memorial Foundation.
The Lotte & John Hecht Memorial Foundation located in Vancouver, BC., is a charitable foundation that provides approximately $15 million in grants annually to a range of organizations aligned with the Foundation's objectives. The bulk of the granting comprises research on innovative and alternative medical research and practices as well as research and public education on how free market principles can address society's challenges.
The Foundation seeks an Executive Director to provide overall operational management and execution of its mission in keeping with the values and objectives of founders. The Executive Director should be grounded in classical liberal values such as individual liberty and responsibility, political and economic freedom, and limited government. They should be curious and comfortable with complex adaptive systems.
The ideal candidate has demonstrated a deep commitment to honouring and holding space for The Hecht's legacy. This individual will have played a senior role in leadership where relationship-building skills and partner development are in evidence. The Executive Director will have demonstrated integrity and possess high ethical standards with exemplary communication and relationship skills. As a mature and experienced leader and manager, this individual will have had board exposure in the past and have a good understanding of board governance.
The incoming Executive Director of The Hecht Foundation will be both strategic and operational, taking the helm of an organization that has rapidly expanded in the last ten years. They will have an opportunity to build on current initiatives and bring fresh vision and thinking to an organization with a cohesive and supportive Board, a proud past, a strong reputation, and an even brighter future.
Leading a small and capable team who work out of the Foundation office, this is a rare opportunity to impact grantee organizations in a significant way.
- Works with the Board and staff to steward the Foundation's history, culture, and reputation in keeping with the Hecht’s wishes for a low profile for the Foundation; ensures the Foundation's values are supported in all of its activities.
- Fosters effective teamwork with the Board and staff; enables and ensures the flow of information and communication to Board members and Committee Chairs; directs the preparation of meeting agendas and supporting materials;
- Identifies, assesses, and informs the Board of Directors of internal and external issues that affect the Foundation.
- Represents the Foundation externally with other private and/or public agencies as appropriate.
Operational Planning and Management
- Works with the Board, staff, and leaders in the field to find and support grant programs that are effective and aligned with the Foundation's vision, mission and principles.
- Develops an operational plan which incorporates programs, goals and objectives that work towards the strategic direction of the Foundation and support its culture and values. Ensures appropriate systems and technologies are deployed to support efficient and effective execution.
- Supervises the vetting and summarizing of proposals to be presented to the Board/Committee for approval; authorizes funding arrangements.
- Completes the circle, evaluating results and impact of funded programs and reporting those to the Board.
- Develops policies for the approval of the Board and prepares procedures to implement the organizational policies' reviews existing policies on an annual basis and recommend changes to the Board as appropriate.
- Establishes and monitors appropriate operating procedures, controls/reporting, and communications. Ensures compliance with all applicable federal and provincial legislative operating and reporting requirements.
- Works with staff to develop effective implementation plans for programs and grants management; ensures practices and systems are aligned with the Foundation's vision, mission, and principles.
Human Resources Planning and Management
- Identifies resource requirements and ensures adequate resources and professional expertise are in place.
- Develops and implements human resources, programs and policies, and
- Establishes a positive, healthy, and safe work environment in accordance with appropriate legislation and regulations.
- Recruits, interviews, and selects staff; ensures that staff receive an orientation to the Foundation and that appropriate ongoing training is provided.
- Coaches and develops staff; monitors the performance of staff on an ongoing basis
Financial Planning and Management
- Ensures development and maintenance of financial systems, budgets, and procedures; ensures the accurate reporting and allocating of all funds and expenditures.
- Monitors performance of the Foundation's investment managers; ensures effective audit trails and internal controls.
- Provides accurate and timely financial statements and reports to the Board of Directors.
- Approves expenditures within the authority delegated by the Board.
- Ensures that sound bookkeeping and accounting procedures are followed, and that the Foundation complies with all relevant federal and provincial legislation.
- Ensures that all licenses and insurance coverage are up to date and adequate.
EDUCATION, EXPERIENCE & SKILLS
- A bachelor’s degree or higher in a related field of study
- 5 + years of leadership experience, preferably in a non -profit environment
- Knowledge and application of best practices in grant making including industry standard grants or constituent relationship management systems
- Understanding of foundation-specific legal and accounting requirements
- Knowledge of the Foundation's areas of interest
- Ability to set and achieve strategic objectives, create and manage a budget, and coach staff Proven success working with a Board of Directors with the ability to cultivate effective board relationships
- Strong written and verbal communication skills; excellent interpersonal skills
- Ability to work effectively in collaboration with diverse groups of people
All Foundation staff should fulfill the characteristics described by the Hechts for Foundation Members and Directors, that is:
- Be of unquestioned integrity and have demonstrated the highest ethical standards;
- Be fully aware of the great trust placed in his or her hands in conducting the affairs of the Foundation;
- Be non-bureaucratic in outlook, possess a natural humility, be tolerant of the views of others and be prepared to be innovative;
- Be able to be impartial in recommending the disbursement of Foundation funds;
- Be free-market oriented and believe in freedom and the initiative of individuals.
Location: Vancouver, BC
Application Deadline: February 7, 2021
Start Date: Summer/Fall 2022
Nelson/Kraft & Associates Inc. is an executive search firm specializing in the recruitment of executive management and fundraising personnel in the charitable sector. We work with a diverse group of not-for-profit organizations through the connection of colleagues in Vancouver, Calgary, Winnipeg, and Toronto.
Nelson/Kraft & Associates Inc. welcomes and encourages applications from people with disabilities. Accommodations are available on request for candidates taking part in all aspects of the selection process.