Community Investment Program Manager

Transamerica•Cedar Rapids, IA
•$78,000 - $100,000•Hybrid

About The Position

The Community Investment Program Manager oversees the day-to-day operations and administration of the Aegon Transamerica Foundation, established in 1994 to support nonprofit organizations focused on empowering people socially and financially in the communities where Transamerica employees live and work. The role manages grantmaking and employee matching gifts, ensures compliance with program guidelines and applicable IRS regulations, and supports the Foundation’s financial administration and program strategy. This is a hybrid position requiring three days in the office per week at a hub location in Philadelphia or Cedar Rapids. Occasional travel of less than 10% is required. Relocation assistance is not provided. The stated annual salary range is $78,000–$100,000, and the position is typically eligible for an annual bonus at the company’s discretion.

Requirements

  • Bachelor’s degree in a business field or equivalent experience.
  • Five years of nonprofit management, foundation, or relevant experience.
  • Thorough knowledge of requirements, rules, and regulations for private foundations under IRC 501(c)(3).
  • Ability to communicate clearly, orally and in writing, with the Board of Directors, employees, internal and external vendors, donors, volunteers, and other stakeholders about all aspects of the organization’s mission.
  • Financial management skills and outstanding attention to detail for budget preparation, analysis, reporting, and tracking funds granted to charities.
  • Ability to work independently and think creatively while handling matters with confidence, authority, and integrity.
  • Organizational skills, including planning, delegating, program development, and task facilitation.
  • Legal authorization to work in the United States without immigration-related employment authorization sponsorship.

Responsibilities

  • Manage internal and external grant requests and provide guidance and training to advisory committee chairs and coordinators.
  • Ensure compliance with program guidelines and IRS regulations throughout the grant process, from initiation to completion.
  • Make decisions on grant requests and serve as a liaison between the Foundation and external organizations.
  • Engage with the Chair, board members, and officers to shape program direction, advocate for program objectives, and assess the Foundation’s ability to carry out its mission in accordance with applicable laws.
  • Recommend and implement program strategies.
  • Administer the multi-million-dollar grant budget and expense budget.
  • Manage Foundation cash flow, monthly expenses, bank reconciliation, fund transfers, and required financial reporting.
  • Initiate and track payments for donations and matching requests.
  • Manage the employee matching gift program and requests, evaluate requests, determine whether to recommend or decline them, and educate requestors about Foundation rules and regulations.
  • Collaborate with Communications and Brand teams to promote the Foundation’s impact through web content, media and marketing materials, reports, internal articles and presentations, leadership messages, and event remarks.
  • Build and manage relationships with individuals and organizations of influence, including funders, partner agencies, and volunteers.

Benefits

  • Competitive pay
  • Annual bonus for eligible employees
  • Pension plan
  • 401(k) match
  • Employee stock purchase plan
  • Tuition reimbursement
  • Disability insurance
  • Medical insurance
  • Dental insurance
  • Vision insurance
  • Employee discounts
  • Career training and development opportunities
  • Paid time off starting at 160 hours annually for employees in their first year
  • Ten paid holidays per year
  • Be Well Company holistic wellness program, including wellness coaching and reward dollars
  • Paid parental leave of 15 days per calendar year for eligible employees with at least one year of service
  • Adoption assistance
  • Employee Assistance Program
  • Back-Up Care Program
  • Paid time off for volunteer hours
  • Employee matching gifts program
  • Employee Resource Groups
  • Inclusion and diversity programs
  • Employee recognition program
  • Referral bonus programs
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