Chief Development & Investor Relations Officer

ABOUT BOSTON IMPACT INITIATIVE (BII)

Boston Impact Initiative (BII) is a nonprofit impact investment fund founded in 2013 working to build a regenerative and equitable economy. We invest integrated capital—equity, debt and grants—in social enterprises and community-owned and controlled real estate to build wealth and asset-building opportunities, especially in diverse communities.

As a new Community Development Financial Institution (CDFI), we currently manage two distinct funds:

• BII Fund I: Established in 2017, deployed $6.9M across 50 enterprises
• BII Fund II: Launched 2022, raised $17M, invested $6.5M in 23 companies and real estate projects, and is actively raising/deploying capital to small businesses and community-governed real estate projects in Massachusetts and New England

BII also offers impact investing education and training. Through our Advancing Regenerative Capital (ARC) Fellowship, we have trained 70 fund managers from 30 organizations to launch community-based impact funds focused on expanding shared ownership and generational wealth in communities systematically excluded from economic opportunity. To date, 22 funds have launched that have deployed over $12M to diverse small businesses across the U.S.

BII is growing to 15 employees in 2025, with a net $3.5M annual operating budget. As we expand our investing and field-building work, we seek a strategic and entrepreneurial Chief Development & Investor Relations Officer to cultivate and steward the resources needed to advance BII’s vision of a future where every community has the resources and power to create shared prosperity.

POSITION SUMMARY

The Chief Development & Investor Relations Officer (CDIRO) is a senior executive responsible for designing, implementing, and overseeing comprehensive strategies to secure the financial resources and partnerships needed for BII’s sustainable growth and mission impact. This person will oversee fundraising initiatives (for philanthropic and investment capital), long-term development strategies, and integrate fundraising goals with the organization's programmatic and strategic priorities. The CDIRO will play a pivotal role in cultivating strategic partnerships, securing diverse funding streams (including from earned revenue), and build a high-performing development team. This role requires a visionary leader with exceptional financial acumen, strategic planning expertise, and proven relationship-building capabilities within the philanthropic and investment communities. The CDIRO reports to the CEO and is a key member of the senior leadership team, collaborating closely with the Board of Directors and other leaders.

KEY RESPONSIBILITIES

Strategic Leadership

• Develop and execute a multi-year strategic development plan to support the organization's mission, vision, and growth objectives.
• Develop and execute BII’s investor relations strategy, aligning it with the company's fundraising goals and programmatic objectives.
• Serve as a principal advisor to the CEO and Board on trends in philanthropy, growth opportunities, and development strategies.
• Establish performance metrics and annual revenue goals for BII, monitoring trends and adjusting course as needed.

Fundraising and Revenue Growth

• Lead fundraising team efforts to diversify revenue streams, including from major gifts, corporate sponsorships, foundation and government grants, and annual giving campaigns.
• Oversee the development, writing, and submission of grant proposals and reports for foundations, government agencies, and other institutional funders.
• Cultivate and steward BII’s funders, with a special focus on using impact investing educationto build bridges between investors and philanthropic stakeholders.
• In collaboration with BII’s CEO and CIO, develop innovative strategies to raise investment capital for BII’s funds from mission-aligned investors.
• Collaborate with BII’s senior leadership team to develop earned revenue streams from BII’s offerings.

Team Leadership and Operations

• Lead, mentor, and manage a high-performing development team, fostering a culture of collaboration and continuous learning.
• Build infrastructure and systems to support scalable fundraising growth including aspects such as prospect research, cultivation / stewardship plans, and the duty to track, report on, and acknowledge all donations and investments.
• Ensure compliance with all regulations, laws, and codes of ethics related to fundraising activities.

Board and External Engagement

• Partner with the Board of Directors and the Development Committee to advance donor and investor engagement.
• Collaborate with BII’s senior leadership team to ensure consistent and accurate messaging to its funder community.
• Organize and manage investor events, including quarterly investor calls and site visits, in collaboration with the investment team.
• Represent BII externally at funder meetings, community events, conferences, and public forums to enhance its visibility.
• Lead the marketing and communications team in the creation of compelling messaging for a multitude of stakeholders to support fundraising efforts. Drive campaign design and funder communications to deepen engagement.
• Lead crisis communication efforts during times of uncertainty to maintain trust and confidence, providing clear, accurate, and timely updates.

Other duties as assigned.

QUALIFICATIONS

We welcome candidates with a range of experiences and perspectives. The strongest candidates will bring:

• Strategic Thinking: Ability to develop and implement long-term fundraising strategies that support BII’s goals.
• Fundraising Expertise: Proven track record of success in securing significant tranches of philanthropic and investment capital, leading fundraising campaigns, and building long-term funder relationships.
• Proven Relationship-Building Skills: The ability to build strategic relationships and bridges across regional philanthropic and impact investing networks to advance BII’s mission and goals.
• Analytical Skills: Capacity to analyze financial data, market trends, and investor sentiment.
• Communication Skills: Exceptional verbal and written communication skills for interacting with funders and preparing materials.
• Fundraising Operations Expertise: Expertise in leveraging CRM platforms, analytics tools, and an orientation toward continuous process improvement to expand BII’s fundraising capabilities.
• Collaboration: Ability to work effectively with internal teams and external stakeholders.
• High Emotional Intelligence: A collaborative and transparent leadership style with a focus on team development, professionalism and discretion.

PREFERRED ATTRIBUTES

• Bachelor's degree required; advanced degree in nonprofit management, business, or a related field is preferred.
• Minimum of 10 years of progressive experience in nonprofit advancement, fundraising/development, with a minimum of five years in senior leadership.
• Lived or professional experience working in or alongside diverse and frontline communities (those most affected by disinvestment and/or climate change).
• Commitment to regenerative economy principles and solidarity finance.
• CFRE (Certified Fund Raising Executive) certification a plus.

BII is an Equal Opportunity Employer. We embrace diverse skills, perspectives, and ideas. All qualified applicants will receive consideration for employment without regard to race, color, religious creed, national origin, sex, age, gender identity, disability, sexual orientation, military service, genetic information, and/or other status protected under law.

This is a full-time, exempt position based in Boston, MA. The role is hybrid with the expectation of travel to the Boston office 1-2 times per week. The starting salary range for this role is $145,000 - $165,000, depending on alignment with role and commensurate with experience. BII offers a work environment that supports the unique needs of each employee to balance work and life. We offer a benefits package that includes flexible work options, healthcare, short-term disability, 401k plan with employer contribution, paid time off and holidays, and an annual professional development stipend.