Job descriptionPOSITION: Portfolio Manager, Jewish Life
LOCATION: Boston, MA. Hybrid work schedule that is team specific.
ABOUT THE ORGANIZATION:
Founded in 2006, the One8 Foundation aims to support and accelerate social impact in its
priority grantmaking areas. The Foundation operates as a venture philanthropy working
alongside partner grantee organizations to improve and scale while also incubating new ideas
and scaling those with demonstrated outcomes. Our strategic grantmaking teams come from
premier consulting firms, giving us the expertise to provide strategy support to our most
important grantees. We believe deeply in the importance of high-quality implementation and
sweat the small stuff alongside our grantees in pursuit of measurable outcomes.
The Foundations priority grantmaking areas are Education and Jewish Continuity and
Community, each with a dedicated staff team. The One8 Foundation also funds direct
community support to assist children and families in need and help them improve their own
lives. The organizations that One8 believes are most promising have game-changing ideas,
excellent leaders, high-fidelity implementation, measurable impact, and sustainable
approaches. The One8 Foundation is committed to identifying and providing meaningful
support to a select set of nonprofits that achieve results and have the greatest potential to
create large scale, sustained change. The Foundation also supports leaders to start up
innovative, potentially high impact new initiatives in our focus giving portfolios. The
Foundations trustees have high risk tolerance and are committed to impact.
ABOUT THE POSITION:
The Portfolio Manager will spearhead grantmaking efforts with an emphasis on the Young
Adult Portfolio, a new focus area for the Foundation. In a rapidly changing high tech world,
and in a time of life where young adults (ages 23- 34) are seeking to establish their adult lives,
a community of friends seems harder to build than ever before. For some young Jewish adults,
the challenges can feel even greater. One8 is piloting new ideas to help young people to find
new friends, building a community that matters to them and gives them joy. The Portfolio
Manager will manage the development, evaluation and growth of new initiatives that
demonstrate the potential for impact. This professional will also work with the team to
contribute to the development of the Foundations Jewish Life and Israel strategy. S/he will
work on other strategic projects outside the Jewish Life portfolio as needed. This position will
report to the Director, Jewish Life.
Responsibilities include, but are not limited to:
Portfolio Management
? Conduct research to understand needs and opportunities to support portfolio objectives
? Identify prospective grantee organizations that align with the Foundations mission and
strategy through networking and primary and secondary research
? Independently manage all aspects of moving a potential grantee through the
Foundations due diligence process including:
o Accurately assess the strength of an organizations leadership, strategic plan,
financial condition, demonstrated efficacy, and potential for impact
o Lead strategic planning sessions, which may focus on theory of change, model
codification, strategic priority identification, evaluation and impact measures,
and operating plans
o Work with Portfolio Associates to perform all necessary quantitative and
qualitative analyses, which may include benchmarking, financial modeling, and
competitive assessment
o Develop or refine a strategic, business, and/or implementation plan in
partnership with the grantee organizations leadership
o Determine, in conjunction with the Director and the President, whether a grant
should be pursued, and if so, determine elements of the grant design including
outcome targets and key implementation milestones
o Produce and present proposed grant materials including grant papers for trustee
review, and prepare the grantee to present to Foundation trustees
o Develop and finalize the grant agreement.
? Maintain close positive relationships with grantees, demonstrating commitment to their
success and continual improvement by problem solving, offering ongoing advice, and
eliminating barriers to their success; foster strong working relationships, a high level of
mutual trust, and effective channels of communication
? Track grantee progress through site visits, data collection and third-party evaluation;
keep Foundation leadership apprised of grantee progress and seek assistance as needed
to ensure grantee success
Project Management
Oversee the development and growth of new programs and promising initiatives that
emerge from One8s research and strategy development. This includes:
o Work closely with social entrepreneur/program leader to advise on the strategy,
resourcing and design of new programs, ensuring alignment with Foundation
strategy and objectives
o Where necessary, identify and develop solutions / ideas that meet these needs /
opportunities
o Monitor the implementation of new programs and help the team with problem
solving and other support when necessary
o Track and measure the impact of programs through data collection, evaluation
design and execution (in partnership with consultants if needed)
o Own the learning and insights gleaned from new initiatives to inform ongoing
strategy development and where appropriate share with the field.
Strategy Development
? Develop and maintain a breadth of knowledge about existing research and current
trends that contribute a unique and additive perspective to the Portfolio Team
? Use research and robust data analysis to inform ongoing refinement of strategy for the
Jewish Life portfolio, in collaboration with the team
? Participate in internal strategy development on major sub-areas within the portfolio
while contributing to strategic thinking across the full portfolio
? Nurture and access a robust network of operators, leaders, academics, and
philanthropists in the nonprofit space who will help inform strategy and identify high
caliber emerging organizations.
? Represent the One8 Foundation at meetings, conferences, and other events.
Supporting / Supervising Associates
Provide direction to Portfolio Associates as they support due diligence work and
ongoing strategy or implementation projects with active grantees
Provide feedback and coaching to Associates to ensure they continue to develop as
professionals.
CANDIDATE REQUIREMENTS:
The Portfolio Manager will identify great leaders and develop grants and partnerships that can
affect systemic change. The Portfolio Manager must embody the Foundations high standard
for rigor, passion, ethics and commitment, while working alongside grantees and providing
support and skills to ensure their success. Qualified candidates will possess:
5 plus years strategic and business planning experience, ideally including experience at
a top-tier consulting firm
Project management experience
Operating experience is helpful
Analytical orientation with the ability to structure investment hypotheses, conduct
associated research, assess programmatic management and financial information, and
unearth relevant implications and opportunities
Strong networking and relationship building skills
Ability to communicate with senior organizational leaders, collaborate effectively, and
interact with diverse organizations
Interest in the Jewish nonprofit landscape
An insatiable curiosity, a love of learning and the desire and skill to help others succeed
A strong willingness to act, break down barriers, and be part of the solution
Self-motivation and the ability to work independently, take initiative, and solve
problems
Excellent written and verbal communication skills and attention to detail
An ability to thrive in a culture of teamwork, candor, action orientation and bring a
sense of humor and humbleness everyday
Bachelors degree (required); MBA or MPP preferred
COMPENSATION AND BENEFITS:
The estimated base compensation range for this position is $160,000-$190,000 per year. One8
considers several components including an individual's skills, qualifications, experience,
internal equity, and market data. Additionally, we offer a benefits package that reflects our
genuine investment in the people who work here.
APPLICATION PROCESS:
Interested candidates should submit a resume to hiring@one8.org with Candidate for
Portfolio Manager, Jewish Life in the subject.
One8 Foundation is an equal opportunity employer and welcomes candidates from diverse backgrounds.
All qualified applicants will receive consideration for employment without regard to race, color, religion,
sex, sexual orientation, gender identity, national origin, disability, veteran status, or any other
characteristic protected by law.
