Boston Medical Center (BMC) · 1 month ago
Fund Manager Development
960 Massachusetts Ave
Full-time
Onsite
Mid, Senior Level
$58K/yr - $84K/yr
5+ years expBoston Medical Center (BMC) is a leading academic medical center committed to health equity and serving diverse communities. The Fund Manager will oversee philanthropic fund management, ensuring compliance with donor intent and regulatory standards while collaborating with various teams to maintain fund integrity and transparency.
Health CareHospitalMedicalNon Profit
Responsibilities
Oversee the full lifecycle of philanthropic funds—creation, documentation, updates, transfers, and closure—ensuring alignment with donor agreements, organizational policy, and CASE/AHP standards
Apply GAAP and IRS principles to ensure accurate classification of restricted vs. unrestricted gifts; evaluate when new funds are required versus when donor intent can be met within existing funds or departmental allocations
Maintain standardized fund taxonomies and naming conventions in RENXT and Infor, ensuring consistency, transparency, and donor recognition accuracy
Partner with Finance and SPA to manage reconciliation of donor-supported funds: conduct quarterly reconciliations across all funds within RENXT (gift system) and Infor (Finance System), perform monthly reviews of high-risk funds, and document/escalate discrepancies
Serve as system and process owner for fund data in RENXT, ensuring data is accurate, auditable, and integrated into Development’s reporting environment
Develop and deliver accurate, timely reports that meet donor, Finance, and stewardship requirements; assist with annual endowment reporting; provide fund analysis in support of meeting materials
Design standardized reporting templates and dashboards in collaboration with Stewardship, Accounting, and Data Governance colleagues, ensuring reports reinforce donor trust and support enterprise reporting
Monitor fund usage proactively to identify underspent, overspent, or noncompliant funds, and provide guidance to Development and Finance colleagues to ensure corrective action
Educate and advise fund owners, providers, and Development colleagues on appropriate fund usage, GAAP principles, and donor compliance requirements
Document and continuously improve fund management policies and procedures, ensuring practices are replicable and reduce institutional risk
Lead training sessions and serve as subject-matter expert on philanthropic fund management for Development, Finance, and cross-campus partners
Qualification
Required
Bachelors degree and 5 years of experience in accounting, development operations, philanthropic fund management or related field; or equivalent combination of education and experience
Experience developing and delivering financial reports that align with donor agreements and stewardship obligations
Experience with budget management and financial reporting
Strong problem-solving and decision-making skills
Ability to anticipate future trends, identify opportunities, and develop innovative solutions
Meticulous attention to detail
Excellent organizational skills with ability to manage multiple tasks and priorities simultaneously
Effective communication skills; ability to explain complex financial concepts to non-financial colleagues
Strong analytical skills
Proficiency in RENXT, Power BI, Microsoft Suite (Excel), Infor, and InfoEd
Deep understanding of IRS rules and donor-restricted fund requirements
Expertise in distinguishing restricted vs. unrestricted gifts and applying appropriate fund management practices
Ability to assess donor intent and determine correct fund structure in consultation with Finance, Stewardship, and Development leadership
Ability to educate and train colleagues in fund management practices and compliance
Ability to design and implement reconciliation schedules that balance risk, compliance, and efficiency
Familiarity with CASE and AHP standards for gift acceptance, fund management, and reporting
Knowledge of GAAP as applied to nonprofit gift revenue recognition and restricted fund management
Preferred
Advanced degree in accounting, philanthropic management, or related field
Experience in complex, matrixed organizations
Experience in or understanding of fundraising and health care
Benefits
Medical
Dental
Vision
Pharmacy
Discretionary annual bonuses
Merit increases
Flexible Spending Accounts
403(b) savings matches
Paid time off
Career advancement opportunities
Resources to support employee and family well-being
Company
Boston Medical Center (BMC)
Boston Medical Center (BMC) is a 511-bed, equity-led academic medical center and a proud member of the Boston Medical Center Health System.
5001-10000 employees
H1B Sponsorship
Boston Medical Center (BMC) has a track record of offering H1B sponsorships. Please note that this does not
guarantee sponsorship for this specific role. Below presents additional info for your
reference. (Data Powered by US Department of Labor)
Distribution of Different Job Fields Receiving Sponsorship
Represents job field similar to this job
Trends of Total Sponsorships
2025 (53)
2024 (51)
2023 (51)
2022 (38)
2021 (26)
2020 (32)
Funding
Current Stage
Late StageTotal Funding
$342.49MKey Investors
AmeriCorps Public AlliesNational Institute on Drug Abuse (NIDA)The Boston Foundation
2024-07-09Grant· $0.06M
2023-02-23Debt Financing· $232M
2019-04-23Grant· $89M
Leadership Team
David Beck
Senior Vice President & Chief Legal Counsel
Recent News
2025-11-11
2025-11-10
Company data provided by crunchbase