Foundations play an increasingly important role in global development, contributing billions of dollars in funding each year to tackle issues such as health care, education, and strengthening governance around the world.
The sector has grown considerably in the past two decades. Nearly three-quarters of existing foundations were set up in the past 25 years. The combined expenditure of these organizations exceeds $150 billion each year, which is spent on a range of issues, including overseas development.
In addition to program staff, foundations are in need of professionals with finance experience, to manage and invest the endowments that allow them to continue their work and help with grant-making. Looking to use your finance skills to work with a mission-driven organization? Devex finds out what skill sets and experience could help you land a job with a foundation.