Director, Endowment Administration
Hanover, Grafton County, New Hampshire, 03755, USA
Listed on 2026-01-14
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Finance & Banking
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Position Information
Posting date: 01/08/2026
Open Until Filled:
Yes
Position Number: 0537502
Position Title:
Director, Endowment Administration
Hiring Range Minimum: $136,000
Hiring Range Maximum: $170,000
Union Type:
Not a Union Position
SEIU Level: Not an SEIU Position
FLSA Status:
Exempt
Employment Category:
Regular Full Time
Scheduled Months per Year: 12
Scheduled Hours per Week: 40
Schedule:
M-F 8:00AM-5:00PM
Location of Position:
Remote Work Eligibility? Hybrid
Term Position:
No
Length of term in months: NA
Grant funded position:
No
Reporting to the Chief Financial Officer, the Director of Endowment Administration plays a leadership role in the oversight of compliance activities related to Dartmouth’s endowment funds. The Director oversees the Endowment Administration Office and is responsible for the evaluation of all endowment agreements; this includes the interpretation, enforcement, and communication of donor intent. The aim is to ensure that
1) new agreements conform to Dartmouth’s endowment policies and documentation standards, and
2) existing funds are managed in compliance with Dartmouth’s legal, financial, and administrative obligations. In collaboration with various Dartmouth Officers, the Director of Endowment Administration is responsible for developing, recommending, implementing, and communicating endowment policies and documentation standards. The Director of Endowment Administration also consults with individuals responsible for the solicitation and documentation of non‑endowment gift funds to share best practices and develop consistent policies.
Fund Administration
- Oversees activities related to the creation of new funds; the modification of existing funds; new endowment pledges; the comprehensive review of existing funds; and the prioritization of other special review projects.
- Evaluates supporting documentation and, with consultation to the Office of General Counsel (OGC) as needed, determines donor intent and Dartmouth’s legal, financial, and administrative obligations.
- Addresses any problems or concerns associated with restricted terms, and initiates or recommends corrective action when appropriate.
- Prepares a comprehensive narrative summary of fund terms for use by Dartmouth’s financial and development areas. Classifies the fund and ensures supporting documentation is maintained in a digital repository and relevant fund files.
- Researches files in various Dartmouth areas to locate relevant documents such as donor letters, wills, and trusts.
- Compiles accounting history of funds and reconciles balances to the Endowment Fund System.
- Communicates with fiscal officers and other relevant personnel to obtain information about the current utilization of endowments.
- Assists Fiscal Officers with identification of endowment funds with restrictions that are impracticable of fulfillment. Works with Advancement to amend agreements with living donors or with OGC and outside counsel to prepare notices, applications for modification and cy pres petitions for judicial and non‑judicial release of endowment restrictions.
- Identifies funds where income and/or principal are available for broader utilization to provide Dartmouth with greater flexibility in use of resources, in accordance with applicable law.
- Responsible for ensuring all funds are classified and reported according to current accounting standards (Financial Accounting Standards Board: FASB) and legal restrictions (NH Uniform Prudent Management of Institutions Funds Act: NH UPMIFA).
Percentage of Time: 40%
Inter‑Department Activities- Identifies and provides analysis on legal and compliance issues…
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