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Endowment Manager Jobs in Minnesota (NOW HIRING)

... endowment, and banking. * Acts as a resource to the student accounts manager and payroll manager on ERP setup and configuration. * Provide accurate and timely information to internal and external ...

Business Services, Human Resources, Facilities Services, High Winds (real estate management and neighborhood relations), and the college's endowment (long-term investments managed by an outsourced ...

Executive Assistant

Saint Paul, MN · Hybrid

$28.03 - $29.31/hr

Business Services, Human Resources, Facilities Services, High Winds (real estate management and neighborhood relations), and the college's endowment (long-term investments managed by an outsourced ...

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Endowment Manager information

See Minnesota salary details

$23.8K

$75.7K

$168.1K

How much do endowment manager jobs pay per year?

As of Aug 21, 2026, the average yearly pay for endowment manager in Minnesota is $75,696.00, according to ZipRecruiter salary data. Most workers in this role earn between $48,580.00 and $92,303.00 per year, depending on experience, location, and employer.

What is an endowment manager?

Endowment Managers are professionals responsible for overseeing and managing the investment portfolios of endowments, which are funds donated to institutions such as universities, non-profits, or foundations. Their primary goal is to ensure the long-term growth and stability of these funds to support the institution’s mission and objectives. They develop investment strategies, monitor market trends, and make decisions about asset allocation to balance risk and return. Endowment Managers often work closely with investment committees and may also be involved in fundraising and donor relations.

What are the key skills and qualifications needed to thrive as an endowment manager?

To thrive as an Endowment Manager, you need expertise in investment management, financial analysis, and a background in finance or economics, often supported by a CFA or similar credential. Familiarity with portfolio management software, financial modeling tools, and risk assessment systems is essential. Strong communication, strategic thinking, and relationship-building skills help you work effectively with boards, donors, and investment committees. These skills ensure prudent stewardship of endowment funds, supporting long-term organizational stability and growth.

What are some common challenges faced by endowment managers when balancing investment growth with spending needs?

Endowment Managers often face the challenge of ensuring the endowment’s long-term growth while also supporting the institution’s current spending requirements. This balancing act involves careful asset allocation, risk management, and adhering to spending policies to maintain intergenerational equity. Market volatility, fluctuating returns, and changing institutional needs can make this process complex, requiring strong communication with stakeholders and regular portfolio reviews. Successful managers collaborate closely with investment committees and finance teams to align strategies with the organization’s mission and financial goals.

What is the difference between Endowment Manager vs Investment Analyst?

AspectEndowment ManagerInvestment Analyst
CredentialsTypically requires a CFA or similar certification, relevant finance degreesOften requires a finance, economics degree; CFA is a plus
Work EnvironmentManages endowment funds for institutions, working in a nonprofit or university settingWorks in financial firms, banks, or investment departments analyzing securities
Employer & IndustryEducational institutions, nonprofits, foundationsAsset management firms, banks, investment companies

Endowment Managers focus on managing large institutional funds, emphasizing long-term growth and donor restrictions. Investment Analysts analyze market data and securities to support investment decisions. While both roles require financial expertise and certifications like CFA, Endowment Managers oversee entire portfolios within specific institutions, whereas Investment Analysts focus on research and analysis to inform investment strategies.

What are the most commonly searched types of Endowment jobs in Minnesota?

The most popular types of Endowment jobs in Minnesota are:

What are popular job titles related to Endowment Manager jobs in Minnesota?

For Endowment Manager jobs in Minnesota, the most frequently searched job titles are:

$80K - $85K/yr

Full-time

Medical, Dental, Vision, Life, Retirement, PTO

Posted 8 days ago


Job description

Description:

IOCP is searching for its next Accounting Manager! If you have a passion for crunching numbers, running reports, teamwork, and are looking for a career where you can have a purposeful, direct impact on people in our community, please read on below for more information about this position and how you can apply!


Why us?

  • Star Tribune Top Workplace 2023 – 2026!
  • Full-time, benefits eligible
  • Medical, Dental, Vision, Life Insurance, Long Term Disability, FSA, HSA, 401(k), Employee Assistance Program
  • Nine paid holidays
  • Generous PTO (starting at 21 days annually)
  • Hybrid work environment
  • Compensation: $80,000 - $85,000 annually


Why you?

  • You are a leader. You are a follower. You are a doer.
  • You are a great teammate; you love working with people in a team environment.
  • You are optimistic, fun, and energetic.
  • You excel at overseeing and managing the daily operations of the accounting department, including general accounting and reporting, accounts payable, payroll, and budgeting .
  • You want to be at IOCP. You want to be about our mission. You want to do this work with this team in this community.


What is the work?

  • Own the monthly close and financial reporting — reconcile all accounts, explain variances, and close the books on time for committee and board meetings, plus respond to ad hoc reporting requests from leadership
  • Manage grant accounting and endowment — track restricted funds, endowment funds, ensure compliance with donor requirements, and prepare financial reports for funders
  • Support budgeting and planning — help build annual budgets, forecasts, and financial plans in partnership with leadership and program managers
  • Lead audit, tax prep and year end — coordinate the annual audit and 990 preparation with external Auditors and lead year end filings (W2s and 1099s)
  • Operational Activities — review and approve invoices and oversee cash deposit and reconciliation processes
  • Supervise payroll — approve the payroll process
  • Build and coach the team — train, and develop accounting staff
  • Support related entities — consolidate financials, monitor revenue and expenses to budget, manage the annual 990, audit, and insurance renewal
  • Drive continuous improvement — identify and implement process changes that make financial operations more effective and efficient

About IOCP

We are a human service nonprofit that provides services in food, case management, emergency financial assistance, employment services, and childcare resources to those residing in our service area. Our clients and staff come from all walks of life! Inclusionary relationships are core to our role as an employer, service provider, partner, and community leader. We embrace diversity and are committed to promoting an inclusive environment across all types of difference.


Our work environment is client centered, values driven, team oriented, diverse, and focused on learning and professional development. We have a strong internal culture of collaboration and team support, and a deep commitment across staff to our mission and values. Supervisors are extremely supportive of self-care, will help you grow, and give you a platform to do amazing work. Our team is tight knit, supportive and has fun together! Learn more about us here: https://iocp.org/.


Apply

Think you’d be a great fit for our team? Please complete our application, including submission of a resume. Feel free to attach a cover letter telling us about yourself. Candidates are considered as submissions arrive. Position is open until filled.


IOCP values a diverse work environment.People of color and people from other underrepresented communities are strongly encouraged to apply.IOCP is an Equal Opportunity Employer.Requirements:
  • Must have a Bachelor’s degree, preferably in Accounting. CPA preferred
  • 5 of years of experience, 2 years of nonprofit experience preferred
  • Strong analytical, financial modeling, accounting, problem-solving and organizational skills
  • Must have exceptional Microsoft Excel skills plus other advanced computer and database skills, experience with Financial Edge a plus
  • Excellent verbal and written communication skills
  • Ability to produce and analyze financial data for accuracy and to support fact-based decision making
  • Attention to detail and accuracy
  • Must maintain strict confidentiality and be able to adapt to a fast-paced environment that requires multi-tasking, prioritizing and meeting multiple deadlines