Making Philanthropy Your Career


“There are four things that are common to people who live long, happy, self-actualized lives,” says ALO executive Ted Leonsis. “One, they are active participants in multiple communities of interest; two, they show gratitude and say thank you; three, they volunteer and give back; and four, they are responding to a higher calling—a bigger mission than just making money.”

“Charity gives you all four of those things,” he concludes.

There are three major categories of charitable organizations -- private, corporate and community. The vast majority are private ones set up as nonprofit organizations and run by a board of trustees. Positions at most non-profits are highly coveted and difficult to get. Most who run them are experienced professionals and or administers with years of experience rising up the ranks to more senior roles.

People are always asking me how to transition into the non-profit sector, but rarely do they understand the true nature of working for such an organization. Yes, it is rewarding to work in a job that positively contributes to our community, but it is not a walk in the park. I believe that it is more demanding to work for a non-profit because you have limited staff and funds with which to operate and must rely on a dedicated staff of volunteers to help execute on programs. So often, it seems the organization is one donor shy of meeting their fundraising goals. However, if you feel passionate about a cause and are sick and tired of Corporate America, joining a non-profit may be the right choice for you. It is in these charitable-based organizations that you can feel true success at the deepest level.

Here are some strategies on how to make philanthropy your career:

Consider starting your own foundation. Charitable foundations are a prudent approach to managing your wealth, and this allows you the flexibility to donate to several different causes that interest you. Research, considering proposals and working with an accountant and lawyer can easily be a full-time job.

Look for positions at existing non-profits. Most jobs at non-profits pay below the competitive salary median and demand energy. Take your time and examine which causes really matter to you. Ask yourself, “How do you want to make a difference?” Your passion for the cause is what will make this job rewarding.

Start your own non-profit. Just like starting a business, clearly illustrate your cause on paper, pick a business name, and diligently prepare how you plan to execute your idea. You’ll need to examine the costs involved in start-up and maintenance. Do your due diligence by researching state and federal guidelines regulating non-profits, apply for applicable grants and loans, and work with experts to come up with a long-term growth strategy.

Provide Pro Bono Services. If you own your business or specialize in a specific trade or industry, providing your expertise and resources to a charitable cause is a great way to make philanthropy a part-time career. Many existing non-profits can’t afford legal fees, facility rental fees or to hire an expert staff to handle recruitment or marketing. There are millions of possibilities and ways to help. All it takes is a phone call.

Another topic that rises in any conversation about working for non-profits is salary. Salaries at non-profits are most often influenced by size the largest groups tend to offer the most generous compensation. Based on our knowledge of the Austin market, the median salary for a development professionals is around $70,000; the median salary for an executive director is around $115,000.

If you are looking to break into non-profit it could take awhile. The turnover rate tends to be very low; a major factor in employee loyalty is the small number of these jobs that are available in our small community. When these jobs are advertised, most people get a foot in the door because of networking with other people in the organization where they want to end up or they have volunteered for an extended amount of time. Whether it’s protecting animals, joining the green movement, helping children, furthering education, working for your church or contributing to the arts, everyone benefits when more people get involved in making a positive difference in our beloved community.

 

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