Jobs · Legal · Illinois

Associate General Counsel

MacArthur Foundation · Chicago, IL · 2 mo ago
Legal$175k/yrFull-time

About the role

The John D. and Catherine T. MacArthur Foundation is seeking an Associate General Counsel (AGC) to provide legal counsel to Foundation Staff colleagues across an integrated portfolio of grantmaking, impact investments, investments, corporate, and operational matters.

Responsibilities

  • Serve as primary legal counsel to multiple grantmaking teams, advising on grant structures, legal due diligence, and compliance with private foundation tax rules, and related domestic and international legal requirements.
  • Review and draft grant agreements and related documents.
  • Counsel program staff on legal and reputational risk.
  • Review, draft, and negotiate documentation for the Foundation's traditional investment portfolio, including partnership agreements, subscription documents, and side letters.
  • Advise on PRI and MRI impact investment transactions from term sheet through closing and ongoing compliance.
  • Draft, review, and negotiate a broad range of agreements, including consulting, technology, data privacy, licensing, real property, and vendor agreements.
  • Contribute to the development of templates, policies, and playbooks that support consistency and risk management across the Foundation's legal work.
  • Participate in cross-functional working groups and support knowledge management infrastructure across the department.
  • Assist with Board and Committee materials, minutes, resolutions, and consents for the Foundation and its affiliates.
  • Support regulatory filings.
  • Help design and deliver legal training for Foundation staff.
  • Translate complex legal analysis into clear, actionable guidance for non-lawyer audiences.
  • Represent the Foundation through conference speaking, professional committees, and peer networks.
  • Bring emerging legal developments and best practices back to the team.
  • Contribute to the development of consistent legal frameworks and department-wide practices in a quickly evolving operating environment.
  • Advising on novel and complex legal and risk questions where established precedent may be limited.

Qualifications

  • Juris Doctor from an accredited institution with a record of strong academic and professional achievement
  • Current admission to the Illinois State Bar, an ability and willingness to sit for the bar exam for admission to Illinois Bar, or eligibility for immediate admission as registered in-house counsel
  • At least five years of experience as a practicing lawyer in a firm, organization, or government
  • Prior in-house experience, ideally with a not-for-profit organization
  • Knowledge of private foundation tax law, nonprofit governance, and/or philanthropic sector regulation
  • Experience with investment and/or impact investment deals, including equity and debt structures
  • Familiarity with international grantmaking compliance, cross-border contracting, and/or OFAC/ATF requirements
  • Experience advising on data privacy, technology agreements, and/or AI governance matters
  • Experience negotiating and drafting contracts, legal memoranda, investment documents and other agreements
  • Experience designing legal systems, templates, and/or cross-functional processes

Qualifications

  • Experience managing a wide range of multiple projects, clients, and issues simultaneously in a role requiring a broad base of knowledge, being able to respond timely to multiple requests with different priorities and reacting to new ideas and changing strategies
  • Ability to think strategically and be solution oriented
  • Ability to exercise independent judgment and work autonomously while maintaining strong alignment with department colleagues
  • Experience balancing risk management with innovation in a fast-moving legal environment
  • Willingness to exercise sound, informed judgment, build and maintain positive, collaborative relationships internally, finding consensus among a diversity of perspectives where appropriate
  • Critical thinker who enjoys working with passionate and innovative colleagues
  • High level of integrity, discretion, and professional judgment

Benefits

The position is hybrid and based in Chicago, Illinois. Annual salary for this role will start at $174,800. We offer a generous total compensation package that emphasizes both base salary and a comprehensive benefits package to support your life, health, and well-being.

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