Executive Director

Part-Time Executive Director (20-25 hours per week)

Location: Manthattan and remote (hybrid)

Organization: Million Dollar Women Fund

Start Date: June 1, 2024

About MDW Fund:

is a 501c (3) nonprofit organization based in New York City, dedicated to empowering women of color across the U.S. and Canada in scaling up their businesses.

Women of color entrepreneurs make $25-$50k in annual revenues on average (for Caucasian women the average is $100-$140k) and fewer than 1% of WOC reach $1 million in annual revenue. MDW Fund is part of changing these statistics through awarding scholarships used for business coaching, mentorship and access to capital.

The MDW Fund scholarships go to 30-40 women per year, and are funded by foundations, corporations, and individual donors. Since 2017 we have helped 140 women of color entrepreneurs gain access to business training, powerful networks, mentors and the capital they need to scale up their businesses. Now we are looking to 2x our budget and 10x our impact. We are excited about finding the right Executive Director who shares our passion for helping women achieve economic independence and empowerment.

Position Overview:

The right person for this position is a dynamic, self-starting and mission-aligned MDW Fund. One of our guiding principles is that we need to help bridge the "opportunity gap" so we can level the playing field in entrepreneurship. This part time role is crucial in driving our growth and could lead to full-time position within 6-12 months, depending on fundraising outcomes. The Executive Director will work directly with Million Dollar Women Fund founder Julia Pimsleur and an engaged board. Responsibilities include building strategic partnerships, leading fundraising efforts, helping to amplify the work of our grads, and ensuring effective program delivery to support women of color entrepreneurs.

Responsibilities:

• Develop and implement fundraising strategies to secure funds from foundations, corporations, and individual donors.
• Cultivate and maintain relationships with key stakeholders, including funders, partners, and community members.
• Oversee the scholarship program, ensuring efficient distribution of funds and impactful support for women of color business owners.
• Collaborate with the Board of Directors to develop organizational goals and strategies.
• Lead and manage day-to-day operations, including budgeting, reporting, and program evaluation.
• Write updates about our work and oversee a social media coordinator
• Represent MDW Fund in external events, conferences, and meetings to promote our mission and build networks.

Qualifications:

• In or near Manhattan (where MDW Fund is headquartered)
• Bachelor's degree in a relevant field
• 1-3 years of experience in nonprofit management or the like
• Fundraising experience
• Strong communication, writing and interpersonal skills
• Ability to work independently and collaboratively in a remote setting
• Facility with online platforms such as Typeform, Squarespace, Paypal and others
• Passion for supporting women of color entrepreneurs and advancing economic equity

Details:

• Days per Week: 3-4
• Location: Hybrid with 75% Remote
• Employment Type: Part-Time (20-25 hours per week)

To Apply:

Interested candidates should kindly send a resume and a brief email with why they are interested in this position to Alex Ryan at alex@millionwomen.com.

MDW Fund is an equal opportunity employer, and we encourage applications from individuals of diverse backgrounds.

Kindly submit your resume and a brief cover letter detailing why you are interested in the position. We will get back to you if we are interested in setting up an interview. Thank you.

Job Types: Part-time, Contract

Pay: $45,000.00 - $60,000.00 per year

Expected hours: 20 – 30 per week

Benefits:

• Paid time off

Schedule:

• Monday to Friday

Ability to Relocate:

• New York, NY 10023: Relocate before starting work (Required)

Work Location: Hybrid remote in New York, NY 10023