The California Wellness Foundation (Cal Wellness), is a nationally recognized philanthropy devoted to advancing health and wellness for the people of California. Launched as a grantmaking entity in 1992, Cal Wellness has taken on some of the most vexing issues and important initiatives on behalf of underserved Californians. As a public health funder committed to social justice, Cal Wellness aims to fulfill its vision for every resident of California to enjoy good health and experience wellness. Cal Wellness is led by Judy Belk, who was appointed President and CEO in 2014.
With the retirement of its long-time CFO, Cal Wellness now seeks nominations and applications for a new Chief Financial Officer to continue building and stewarding a strong financial operation and innovative investment portfolio in service of its mission. Reporting to the CEO, the new CFO will join a passionate, highly experienced leadership team at a pivotal moment in Cal Wellness’ history. The new CFO will work directly with the CEO and Board of Directors to guide Cal Wellness’ strategic vision and to enhance its financial capabilities and investment portfolio. The CFO will serve as an integral part of the senior leadership team working together to shape the future of the organization. In leading the finance team, they will promote a culture of integrity, high performance, continuous improvement and innovation. This position is based in Los Angeles, CA.
The California Wellness Foundation is a private, independent foundation established in 1992 with a mission to protect and improve the health and wellness of the people of California. As one of the largest health-focused foundations in California, with more than $900 million in assets, Cal Wellness is a nationally recognized leader for its strategic core operating support for grantees; public policy grantmaking; and a focus on violence as a public health issue. It is Cal Wellness’ desire to promote equity and level the playing field so that everyone has access to good-paying jobs, healthy and safe neighborhoods, and quality health care services. The Foundation’s current Advancing Wellness grantmaking strategy includes three interrelated portfolios: Bridging the Gaps in Access and Quality Care, Promoting Healthy and Safe Neighborhoods, and Expanding Education and Employment Pathways. Since its founding, Cal Wellness has awarded nearly 9,000 grants totaling more than $1 billion. Its annual operating budget is approximately $13M, and its annual grantmaking is approximately $35M.
As the Foundation looks to the future, it is pursuing new and innovative strategies beyond its core grantmaking to advance its mission, including implementation of new technology systems, development of its public affairs capacity, and establishing mission- and program-related investment portfolios.
Cal Wellness has a diverse staff of approximately 40 located in our Los Angeles and Oakland offices and a diverse 11-member Board located throughout the state of California. The Foundation’s work underscores a belief that wellness requires social justice, a deep commitment to diversity, equity and inclusion (DEI), and sustained efforts to eliminate systemic barriers that prevent access to health care, education, employment and safety.
Please visit calwellness.org for more information.
The CFO will steward the financial health of Cal Wellness and serve as a key strategic advisor to the President and CEO. Leading a five-member finance team, the CFO’s responsibilities will include but not be limited to:
Strong Financial Systems and Controls
Board Relations, Stewardship of Financial Assets and Alignment of Investment Operations
QUALIFICATIONS OF THE IDEAL CANDIDATE
The ideal candidate will be committed to Cal Wellness’ mission and will have a minimum of ten (10) years relevant experience. They must be a strong manager, skilled leader, innovative collaborator, and effective communicator. The ideal candidate will possess the experience, education, attributes and competencies described below.
Experience and Education
The ideal candidate will embody Cal Wellness’ core competencies:
COMPENSATION & BENEFITS
Salary is competitive and commensurate with experience and qualifications. Highlights from our benefit package include: a variety of health plans, a generous 401(k) retirement savings plan with a 16% employer-contribution, paid time off, professional development and educational opportunities, matching gifts, and the opportunity to work at a mission and values driven organization.
Please submit a cover letter describing your interest and qualifications, and your resume (in Word or .pdf format) to: [email protected]. In order to expedite the internal sorting and reviewing process, please type your name (Last, First) as the only contents in the subject line of your e-mail, and share where you learned of the position in the contents of your email. Due to the pace of this search, candidates are strongly encouraged to apply as soon as possible.
This search is being conducted by Carolyn Ho, Linh Nguyen, Nureen Das, and Javier Garcia of NPAG.
Cal Wellness is an equal opportunity employer and proudly values diversity.
Candidates of all backgrounds are encouraged to apply.