Executive Director

Executive Director for Development for Endowment Services and Gift Operations

Company
The University of Texas at Austin
Posted
Posted today

The job

Job Posting Title

Executive Director for Development for Endowment Services and Gift Operations ----

Hiring Department

University Development Office ----

Position Open To

All Applicants ----

Weekly Scheduled Hours

40 ----

FLSA Status

Exempt from FLSA ----

Earliest Start Date

Immediately ----

Position Duration

Expected to Continue ----

Location

UT MAIN CAMPUS ----

Job Details

About The University of Texas at Austin

What starts here changes the world.

The University of Texas at Austin, founded in 1883, ranks among the best universities in the world. With 76 programs ranked in the top 10, UT Austin is the #1 public university in Texas and the #7 public university in the nation.

Like the state it calls home, The University of Texas at Austin is a bold, ambitious leader supporting more than 55,000 students, 4,750 faculty, 15,000 staff and top national programs across 18 colleges and schools. Amid the backdrop of Austin, Texas, a city recognized for its creative and entrepreneurial spirit, the University provides a place to explore countless opportunities for tomorrow’s artists, scientists, athletes, doctors, entrepreneurs and engineers.

Learn more about UT’s mission and values and leadership .

Why Join Texas Development?

The University of Texas at Austin is a thriving hub of learning and discovery that anchors our city and enables excellence and innovation on the highest level. And it’s only possible because generous supporters believe in the power and promise of our state’s flagship university to change the world. With more than $6 billion raised in the What Starts Here campaign, Texas Development is quickly becoming one of the best fundraising programs in public higher education.

Texas Development is a dynamic community of 500+ fundraising professionals across the Forty Acres. We strive to reach the highest levels of achievement and success in all that we do by creating meaningful and powerful experiences for our donors.

Follow your passion, grow your career and help us change the world .

Benefits

The University provides a competitive benefits package that includes insurance and retirement benefits in addition to other programs and services.

Texas Development supports growth by offering professional development opportunities that help every team member accomplish their goals, enrich their skillset and deepen their engagement with UT.

Purpose

To manage and oversee the daily operations of the Endowment Services and Gift Compliance team.

Responsibilities

  • Supervise Endowment Services and Gift Compliance staff; plan, oversee, and approve their various duties and projects; and provide training and expertise as needed. Working with the team directors (as their direct supervisor), review overall team responsibilities, staffing, and staff performance over time, to assure continued effective team operations.
  • Advise Deans, CSU finance teams, and gift officers on endowment compliance and usage, providing strategies and best practices for efficient and effective use of endowed funds.
  • Participate in the ongoing implementation and further development of new SPUR CRM, as needed for various workstreams, including Endowments and Prospect Management, and the ongoing change management after full CRM implementation.
  • Identify, analyze and implement technological tools to increase scalability, deepen analysis, and increase administrative workflows and automations.
  • Maintain policies and procedures related to naming facilities and programs and review requests prepared by the Director for approval by the Assistant Vice President, Vice President, President, UT System and Board of Regents, as appropriate; oversee further development and maintenance of naming sections of SPUR CRM. Manage the review of all naming requests from across campus, and guide them through review, routing, approval, notification, and documentation.
  • Maintain policies and procedures related to the establishment, compliance and stewardship of endowed funds and oversee information on endowed policies and procedures provided in DevConnect.
  • Maintain policies and procedures related to certain non-endowed gift agreements and, working with the Assistant VP of Advancement Operations, develop a program for non-endowed gift compliance. Look for opportunities to utilize SPUR or AI tools to aid in non-endowed gift compliance.
  • Oversee the development of training materials and activities for staff regarding endowments, including use of SPUR endowment database; oversee improvements to SPUR endowment database and assist in developing features for use in compliance monitoring and reporting projects.
  • Oversee endowment establishment process as a whole, acting as liaison with UT Austin Offices of Accounting, Provost, Academic Affairs, Legal Affairs and UT System External Relations and General Counsel.
  • Oversee endowment amendment, cy pres, and equitable deviation processes for endowed and non-endowed gifts as a whole, acting as liaison with UT Austin Offices of Accounting, Provost, Academic Affairs, Legal Affairs and UT System External Relations and General Counsel.
  • Oversee the preparation of various scheduled reports to endowment donors, i.e. faculty endowment holder letters, UTIMCO financial mailing, customized reports to specified donors and additional reports/projects as needed.
  • Prepare and oversee endowed gift agreements, naming agreements, and non-endowed gift agreements that meet a determined threshold. Act as primary University contact and resource related to gift agreements. Advise and assist CSUs in drafting and review of complex gift agreements, utilizing knowledge of related laws and policies. Work with VP Legal Affairs as needed to finalize agreements.
  • Participate in donor calls when complex endowment questions or negotiations exceed gift officer knowledge.
  • Prepare and oversee the preparation of the President’s recommendations to UT System on endowments, estates, trusts, and major gifts in coordination with colleagues in the University Development Office, colleges/schools/units, President’s Office, UT System External Relations, and VP Legal Affairs.

Under guidance of the UT System, UTIMCO, University Compliance Services,  Office of Accounting, Gift Processing, Chief Development Officers, financial officers, scholarship officers and Deans to enhance campus endowment compliance and usage.

  • Additional duties as assigned.

Salary

OPEN

Required Qualifications

  • Bachelor's degree or equivalent work experience.
  • Successful leadership and supervisory experience, including responsibility for developing staff, managing performance, allocating resources, and leading through organizational change.
  • Collaborative leadership style that reinforces and further develops the skills and autonomy of reporting team members.
  • At least seven years of progressively responsible experience in advancement services, endowment administration, gift compliance, gift accounting, financial administration, donor relations, or a closely related field, including significant experience in a complex higher education or nonprofit environment.
  • Demonstrated expertise in endowment establishment, gift acceptance, expenditure monitoring, compliance reviews, and financial reporting.
  • Working knowledge of the legal, regulatory, accounting, ethical, and fiduciary principles governing charitable gifts and endowment funds, including donor intent, institutional policy, philanthropic naming standards, and applicable state and federal requirements.
  • Demonstrated ability to interpret complex gift instruments and translate donor restrictions, institutional policies, and regulatory requirements into clear operational business practices.
  • Experience designing, implementing, and evaluating complex programs.

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