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 women of color 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 awards scholarships to 30-40 women per year, 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 and are seeking the right Executive Director who shares our passion for helping women more 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 our fundraising outcomes. The Executive Director will work directly with Million Dollar Women Fund founder Julia Pimsleur and an engaged board, build strategic partnerships, lead fundraising, help amplify the work of our grads, and ensure effective program delivery to support women of color entrepreneurs.

Responsibilities:

Executive Director will develop, implement and oversee a comprehensive fundraising plan with the goal of expanding philanthropic support for the organization 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.
Write updates about our work and oversee a social media coordinator
Lead and manage day-to-day operations, including budgeting, reporting, and program evaluation.
Represent MDW Fund in external events, conferences, and meetings to promote our mission and build networks.

Qualifications:

Live in or near Manhattan (where Million Dollar Women Fund is headquartered)
Bachelor's degree in a relevant field
1-3 years of experience in nonprofit management, business or other relevant fields (marketing, etc.)
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 days
Hours: 25 hours
Location: Manhattan and remote (with 75% remote)
Employment Type: Part-Time/Contractor

Compensation:

$60,000
Could lead to full-time position within 6-12 months, depending on our fundraising outcomes

To Apply:

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

MDW Fund is an equal opportunity employer, and we encourage applications from individuals of diverse backgrounds. Must live in or near Manhattan (where Million Dollar Women Fund is headquartered).

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.