Chief Financial Officer

Empire Health Foundation | Spokane, Washington

Background

Empire Health Foundation (EHF), a private health conversion foundation formed in 2008, takes a bold and innovative approach to investing in ideas and organizations that improve access, education, research, and policy to transform the health of communities in eastern Washington. With philanthropic assets totaling approximately $96 million, including the recent addition of $20M designated as a 501c(4), and a talented team of 17, EHF’s investments go beyond traditional grantmaking to leverage innovative public-private collaborations in its commitment to measurable health improvements through work in four primary Focus Areas: Care Coordination, Families Together (family resiliency), Workforce Development, and Innovation.  Additionally EHF partners with four other community organizations, including the provision of some shared administrative services, focused on regional health transformation, increasing Washington-based cancer research, improving family-based supports for foster children, and increasing health care providers in eastern Washington.

Job Summary

EHF believes strongly that solving today’s toughest social problems relies on much more than just writing a check. Through collaborative partnerships with community, tribal and government leaders, government agencies and third-party funders, EHF seeks to move the dial measurably and sustainably on health outcomes through an innovative approach to philanthropy that focuses on systems-level change. In contrast to traditional reactive grantmaking and top-down theory-of-change models, EHF’s approach is adaptive and collaborative, leverages partnerships, and is accountable for results. Following the recent hire of President Zeke Smith, Empire Health Foundation now invites applications and nominations for its next Chief Financial Officer to steward and build on the strong existing financial resources to support the long term sustainability of the Foundation so that it can continue its impactful work of advancing health in the region.

Reporting to the President, the CFO will manage and oversee a team focused on all financial, risk, and compliance matters across a multi-entity organization. They will serve as a member of the executive leadership team and be a critical advisor and resource for the President, Board of Directors, and various boards of EHF’s affiliate entities. The new CFO will be a hands-on, strategic leader with a passion for EHF’s mission of advancing the health and well-being of rural and underserved populations. Drawing upon their experience and expertise working with tax exempt organizations, the ideal candidate will build on the strength of the finance department and ensure 501(c)3 and (c)4 compliance associated with EHF’s mission. In collaboration with the Foundation’s leadership, the CFO will play an integral role in executing EHF’s strategic goals. They will develop innovative systems, processes, and policies to enable the strategic use of resources and investments to catalyze and sustain positive change for the communities that EHF serves. The ideal candidate will also be a strong people manager, with a passion for nurturing team members and a demonstrated commitment to diversity, equity, and inclusion.

Responsibilities

With a history of tremendous growth and innovation, the next CFO will be expected to engage in the following opportunities and challenges:

Contribute to Organizational Leadership

  • Exhibit leadership towards supporting an organizational culture of diversity, equity, and inclusion, applying inclusive leadership practices and internal equity standards to mentor and develop individuals and teams, manage work allocation, provide performance feedback and professional development, and support positive team dynamics.
  • Serve as a thought partner and advisor to the President and Executive Leadership team, proactively raising strategic issues, making recommendations, and collaborating to guide the organization toward greater mission impact, engagement, and efficacy.
  • Work with the Executive Leadership team to ensure that all aspects of programs, finance, operations, and investments are aligned and in service to the Foundation's mission.

Ensure Strong Financial Systems and Controls

  • Lead the development and implementation of a strategic framework for EHF’s fiscal and investment operations, which supports the mission, assures effective stewardship of resources and assets, and aligns practice and philosophy across each of the EHF entities. These entities include Philanthropy in Action (PIA), a public charity 501c3, and the Philanthropy Center, LLC.
  • Direct the finance team in providing effective day-to-day accounting for grants and investments, general accounting matters, payroll, and financial operations.
  • Monitor financial laws and regulations impacting private foundations, maintain fiscal compliance and internal controls across all areas of responsibility, and recommend processes and strategies to meet legal and policy requirements for a complex 501(c)3 and 501(c)4 enterprise.
  • Develop, implement, and revise effective policies, practices, and tools to improve financial operations, including effective budgeting processes to better align resources with mission strategies and visibility into the management of disbursements and spending.
  • Ensure timely, transparent, and accurate preparation of audits, tax returns, and all financial filings required by law.
  • Manage and monitor all aspects of risk and compliance including Foundation insurance policies, external financial relationships, and reporting, contracts, and legal compliance.  
  • Provide effective controls and systems for meeting investment policies, including reconciliations of investment funds, accuracy of investment reporting, and oversight of spending distributions.

Support Organizational Governance and Overall Stewardship of Assets

  • Participate in all Board meetings; serve as the main staff leadership to the Board’s Finance Committee; and provide timely, useful, and accurate financial and management reporting to support effective board governance and decision-making.
  • Support the Board, CEO, and management colleagues in forecasting, analyzing, and understanding financial trends and impacts stemming from the Foundation’s operating model, investment strategies, program impact, and ongoing execution.
  • In partnership with external investment advisors and custodians where applicable, provide effective monitoring and reporting on investment performance and major portfolio transactions to the CEO, Finance Committee, and Board.
  • In partnership with the Board, CEO, and management colleagues, help shape EHF’s investment policies and investment strategies to reflect the Foundation’s mission, strategy, and commitment to DEI.

Develop and Nurture a Strong, Collaborative Finance Team

  • Manage, mentor, and develop a strong finance team, managing work allocation, training, problem resolution, performance evaluation, and team dynamics.
  • Promote a collaborative, high performance culture that values open communication, continuous learning, and quality improvements.
  • Ensure team members are well positioned to be effective business partners and recognized by Foundation staff, management, and Board as trusted, reliable, and active partners in achieving strategic goals and objectives.

For the full position description and to apply, please visithttps://npag.com/current-searches-all/ehfcfo

How to Apply

Empire Health Foundation is partnering with Linh Nguyen, Carolyn Ho, Julian Jackson and Chris Cannon of NPAG on this search. Due to the pace of this search, candidates are encouraged to apply as soon as possible.  Candidates may submit their cover letter, outlining their interest and qualifications, along with their resume via NPAG’s candidate portal.

Cultivating a diverse and inclusive team of board members, staff members, and partners is an essential component of Empire Health Foundation’s work to advance equity. Candidates of all backgrounds are strongly encouraged to apply.

Empire Health Foundation