DEPARTMENT OVERVIEW

The Mission Investing (MI) unit, a small but growing team, is an extremely efficient, high-performing group that works closely together to invest and manage a standalone $250 million Mission Investing portfolio. The team makes an average of $40 million in new impact-oriented loans and investments each year to support the Foundation’s charitable priorities, including addressing climate change, ensuring reproductive health access, and supporting local and California initiatives. Operating for more than 40 years, the Mission Investment portfolio currently encompasses a range of impact-oriented loans and equity investments, in partnership with a diverse array of nonprofit organizations, mission-driven for-profit companies, and impact equity fund managers.

POSITION SUMMARY

Reporting to the Mission Investing Officer, the Mission Investing Analyst is a key member of the MI team. The MI Analyst coordinates closely with the Mission Investing Operations Manager, providing key analytical and operational support across the MI program’s impact investing activities. A successful MI Analyst demonstrates strong quantitative skills, the ability to work in a small, flat, and cohesive team environment, and an interest in using impact investment tools to address environmental and societal issues.

PRIMARY DUTIES AND RESPONSIBILITIES

Core MI Program & Financial Information

• Maintain and ensure accuracy of organizational, transactional, and financial information for all MI loans and equity investments within MI database system (CRM)
• Responsible for MI entry and updating for all investment information, repayments, and supporting loan and equity investment documents and reports
• Working closely with MI Operations Manager, support reporting as well as reconciliations with Foundation finance and accounting staff

MI Loan Portfolio

• Create and update loan amortization schedules and payments in MI and Finance & Accounting systems
• Provide coding information to the Foundation CO for all fundings and repayments as they occur
• Track and maintain information on accrued interest receivables for Foundation balance sheet

MI Equity Investments

• Maintain, analyze, and reconcile financial information related to valuation reports from fund managers and investment performance
• Support MI Operations Manager in the reconciliations with Finance & Accounting staff

Financial Analysis

• Complete analysis of organizational financial statements during diligence and underwriting for potential new MIs
• Support financial analysis of MI portfolio to support MI portfolio management

Special Projects

• Support with maintenance and upgrades of MI systems
• Other tasks and special projects as needed

Education

A Bachelor’s degree or equivalent experience/training is required for this role.

Experience

• This position requires 2-3 years in a finance, loan, or investment administration/analyst role, or equivalent
• Strong quantitative and analytical skills
• Advanced user Microsoft Excel or equivalent

Knowledge, Skills, and Abilities

Required

• Team player able to handle multiple tasks and deadlines
• Commitment to detail, accuracy, and high-quality work products
• Responsiveness and strong work ethic

Preferred

• Experience or familiarity with database/information management systems, ideally systems for investment, lending, or other financing programs
• Working knowledge of financial statement accounting and analysis

We work with people and communities to create enduring solutions for just societies and a healthy, resilient natural world. Over our nearly 60-year history, we have worked with thousands of organizations and leaders in the U.S. and worldwide to advance progress in the critical areas of science, ocean and land conservation, climate change, women’s reproductive health and rights, and the well-being of children, families, and communities. At a time of multiple, intertwined crises globally and here in the U.S., the Packard Foundation began in 2021 a long-planned review of our grantmaking strategies. The first step of our process was to rearticulate our vision and mission, reexamine our organizational values, and create a strategic framework that builds on and honors the Packard Foundation’s past while advancing justice and equity in all that we do.

OUR VISION: A just and equitable world where both people and nature flourish.

Our new vision embraces a future where both people and nature flourish in a more just and equitable world. We explicitly acknowledge that the fate of people and the natural environment are inextricably linked. Solutions to the complex challenges we face must account for this interconnectedness.

OUR MISSION: We work with people and communities to create enduring solutions for just societies and a healthy, resilient natural world.

Our new mission takes on the critical work of addressing root causes of the challenges we face and mobilizing people for collective action. In addition to building on approaches that have guided our philanthropy for decades — working in partnership, committing to issues over the long-term, and grounding our work in science, knowledge, and data – we focus on understanding the systems that either accelerate or impede progress. It is only through just and equitable systems that we can find and sustain solutions to some of the biggest challenges we face today.

OUR VALUES: Equity, Integrity, Belief in Individual Leadership, Thinking Big, Respect, and Effectiveness.