Jobs · Consulting · Illinois

Executive Director

Smithbucklin · Chicago, IL · 2 days ago
HybridConsulting$140k–$170k/yrFull-time

About the role

The ISTAT Foundation is the charitable arm of the International Society of Transport Aircraft Trading (ISTAT), a leading global membership organization for professionals in commercial aviation finance, leasing, and asset management. The Foundation supports education and professional development through scholarships, internships, mentorship, grants, and humanitarian aid.

Responsibilities

  • Serve as primary staff resource to the Board of Trustees and Executive Committee; prepare board books, minutes, and governance documentation.

  • Partner with the Chairperson on agenda development, trustee communications, officer elections, and committee coordination.

  • Maintain and administer the Foundation's bylaws, policies, and compliance obligations as a nonprofit corporation.

  • Support the Governance and Nominating Committee in trustee recruitment, onboarding, and succession planning.

  • Care for annual reporting obligations, legal filings, and engagement with foundation counsel.

  • Drive implementation of the Foundation's strategic plan in partnership with the Board, translating priorities into annual operating plans with measurable outcomes.

  • Build and maintain the operational infrastructure — systems, processes, and accountability frameworks — needed to support the Foundation's growth.

  • Manage staff resources, issue work instructions, and ensure service quality and accountability.

  • Oversee fundraising priorities, track progress, and ensure accountability against goals.

  • Ensure named scholarship donors and restricted fund holders receive appropriate stewardship, acknowledgment, and reporting in accordance with applicable agreements and compliance requirements.

  • Oversee fundraising event logistics and execution, ensuring events are delivered on time, on budget, and to the standard expected by the ISTAT community.

  • Oversee all Foundation programs: scholarship awards, internship-related reimbursements, the mentorship program, grants, and humanitarian aid.

  • Manage university and institutional partnerships (including Embry-Riddle Aeronautical University and Purdue University) and associated program agreements.

  • Represent the Foundation at ISTAT events, industry conferences, and with external stakeholders.

  • Manage the annual ISTAT grant process, including coordination with ISTAT staff on timing, documentation, and disbursement.

  • Identify opportunities for cross-promotion and collaboration between the Foundation and ISTAT to maximize impact and reach.

Qualifications

  • Minimum eight (8) years of progressive nonprofit management experience, preferably within a 501(c)(3) organization, with demonstrated leadership responsibility.

  • Experience supporting or working directly with volunteer boards of directors or trustees in a nonprofit governance context.

  • Excellent written and verbal communication and interpersonal skills; ability to represent the Foundation with credibility to senior industry professionals.

  • Strong financial acumen; experience managing nonprofit budgets, audits, and financial reporting.

  • Working knowledge of 501(c)(3) compliance requirements, including IRS Form 990 obligations, state charitable registration, and the legal standards governing nonprofit governance and grantmaking.

  • Demonstrated ability to build organizational systems, manage operational complexity, and lead through change.

  • Bachelor's degree required.

  • Advanced degree in nonprofit management, business administration, or a related field preferred.

  • Proven track record in fundraising and donor development, including major gifts, annual fund management, and/or corporate sponsorship.

Benefits

Not specified.

Pay

$140,000-170,000

Schedule

Hybrid work environment with in-office days established as Monday, Tuesday, and Thursday. Employees will work a standard 40-hour week, with the possibility of additional hours based on project deadlines.

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