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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 ...

Director of Finance

Andover, MN · On-site

$84K - $100K/yr

Investment management including Legacy endowment and reserve cash * Partners with Advancement Office and oversees the reconciliation of donor receipts between the financial system and donor software ...

... Endowment, Admissions, and Student Services. * Complete necessary paperwork and provide regular ... Manage a high volume of daily customer interactions with professionalism. * Understand vendor ...

Director of Advancement

Saint Paul, MN · On-site

$100K - $110K/yr

Lead all giving programs, including major giving, annual fund, planned giving, and endowment ... Build and manage a major donor pipeline, including prospect identification, individualized ...

Endowment Manager information

See Minnesota salary details

$23.8K

$75.7K

$168.1K

How much do endowment manager jobs pay per year?

As of Jul 28, 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 are the key skills and qualifications needed to thrive as an Endowment Manager, and why are they important?

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 Endowment Managers?

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 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 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 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:
Accounting Manager - Grants and Endowments

Accounting Manager - Grants and Endowments

YMCA

Minneapolis, MN • On-site

$80K - $90K/yr

Full-time

This job post has expired today. Applications are no longer accepted.


YMCA rating

6.1

Company rating: 6.1 out of 10

Based on 1,986 frontline employees who took The Breakroom Quiz

560th of 759 rated non-profit organizations


Job description

Accounting Manager | YMCA of the North Association | Endowments, Grants | $80-$90k

At a glance:

The YMCA of the North-one of the largest and most dynamic nonprofit organizations in the region-is seeking an Accounting Manager with accounting experience in endowment and grants to join our team. This full-time position offers a comprehensive benefits package, a free family Y membership, professional growth opportunities, and more.

Schedule: Full-time | Remote (must be local to Twin Cities; flexible schedule required)

In-Person Attendance Requirement:

Candidates must be located within reasonable commuting distance and able to adjust their schedule as needed to support regular, often daily, in-person collaboration.

The salary range for this position is at $80,000 - 90,000. We take into consideration an individual's background and experience in determining salary; therefore, base pay offered may vary considerably depending on job-related knowledge, skills, and experience. The compensation package includes a wide range of other benefits and earned time off that vary depending on part-time or full-time status.

1. Job Summary:

The Accounting Manager plays a key role in ensuring the accuracy, integrity, and compliance of the Association's financial reporting and systems. Support the development, maintenance, and oversight of financial statements, financial systems, and internal controls, while ensuring adherence to regulatory and organizational requirements.

Lead complex and specialized accounting functions, including investments, endowments, contributed revenue, and grant accounting-ensuring accurate billing, tracking, reporting, and compliance with donor and regulatory requirements. Oversee the accounting and reporting of capital assets and expenditures, including the development of comprehensive capital reporting processes.

Additional responsibilities include supporting debt financing compliance and investment activities, while identifying opportunities to strengthen processes and enhance financial transparency. Provides direct supervision and development of the Senior Accountant, fostering strong technical expertise, accountability, and continuous improvement across the function.

2. Essential Functions:

Assist with developing and maintaining a system of financial controls which assures compliance with internal policies, external regulations, GAAP and non-profit accounting standards, donor intent and the integrity of all financial transactions.

Oversee the accounting for all capital assets and expenditures, including major capital investment projects.

Hire, train, and supervise the Senior Accountant.

Manage accounting systems and reporting for all capital assets, endowment and investments, restricted funds, including grants, contributions and others as required.

Contribute to the year-end audit and preparation of audit work papers, financial statements, and coordinate the resulting annual corporate tax returns and other annual and monthly reports.

Support the fiscal implementation, monitoring, and evaluation of complex government grant-funded programs (including federal, state, county and local) to ensure fiscal compliance and all contract funding terms and conditions are met.

Navigate government billing systems and leverage internal software systems to develop more efficient processes for submitting expenses for reimbursement

Provide comprehensive fiscal knowledge, accounting support, financial analysis, and technical assistance to branches, departments and/or programs.

Reconcile and/or review the reconciliation of balance sheet accounts and prepare audit schedules for various accounts.

Aid in developing accounting policies and procedures which create efficiencies and implement best practices.

Develop and maintain relationships with auditors, bankers, investment managers and other professional advisors.

3. Relationships:

This position reports to the Associate Vice President of Accounting who reports to the Executive Vice President and Chief Financial Officer and supervises the Senior Accountant. Provide association finance and accounting resource support for branch management and association offices team members. Represent the Association with peer and financial institutions.

4. Qualifications:

Required

Bachelor's degree in Accounting, or related field; demonstrated experience may be considered in lieu of degree.

Minimum of five (5) years of progressive financial management experience or in accounting, or public accounting.

Minimum of one (1) year supervisor experience.

Demonstrate and current understanding of accounting principles, methods, and applications.

Excellent written and verbal communication and interpersonal skills.

Excellent organizational skills along with attention to detail

Ability to prioritize workload and manage multiple tasks with conflicting deadlines.

Ability to work independently and as part of a team.

Ability to create a team environment.

Proficient user of the Microsoft Office suite.

Preferred

CPA certification and/or MBA degree.

Experience working in non-profit accounting.

Experience preparing financial statements and tax returns.

Experience with Microsoft Great Plains accounting software.

Experience with improving and streamlining business practices.

Bi/multilingual.

5. Work Conditions:

Must be able to work on a computer for extended periods of time.

May be required to travel locally for meetings.

6. Additional Notes:

This job description represents the major functions of the position but is not intended to be all-inclusive. The incumbent is also responsible for taking direction from the EVP of Operations and Finance or their representatives in completing projects or performing duties deemed necessary for the branch or Association success.


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