$111,220 - $166,830
November 1, 2023
The California Endowment is a private, statewide health foundation established in 1996 whose mission is to expand access to affordable, quality health care for underserved individuals and communities, and to promote fundamental improvements in the health status of all Californians. We’re changing the narrative around health to ensure health and justice for all. Each day we, along with our community partners, seek ways to improve the state of health in California.
Headquartered in downtown Los Angeles, we have regional offices in Sacramento, Oakland, Fresno, and San Diego, with program staff working throughout the state. We challenge the conventional wisdom that medical settings and individual choices are solely responsible for people’s health. We believe that building the voice, agency and power of Californians to improve conditions in their communities and reverse the historical and structural impacts of inequity will lead to lasting improvements in health.
OUR CORE VALUES
Just as our values drive our work outside of the foundation, our Code of Ethics drives how we conduct ourselves inside the foundation, with the goal of creating a healthy, productive workplace. For more information on The Endowment, please visit www.calendow.org.
The California Endowment is committed to utilizing its investment capacity in alignment with its mission and values.
Through our $250 million commitment to impact investing, we seek to use our power as investors to provide strategic capital that lifts up vulnerable and disinvested communities in California and supports a world where capital is aligned with our mission and values. Our Impact Investing toolkit includes Program-Related Investments and Mission-Related Investments.
TCE's $50MM commitment to MRIs is deployed as investments that are aligned with TCE's broad mission and values and generate market-level rates of return. TCE's $200MM commitment to PRIs is deployed as flexible, often below-market-rate investments structured to generate significant social impact. We have a commitment to advancing racial equity across our entire Impact Investing program.
The Impact Investment Associate, Mission Related Investments is a crucial member of the Impact Investing team. In this role, the Associate will work closely with the the Impact Investment Officer, Mission Related Investments and the broader Impact Investing team in stewarding TCE’s $50MM MRI portfolio. This position works with the Impact Investment Officer to develop TCE’s MRI theses and pipeline across multiple impact theses and create a portfolio of market-rate venture capital, private equity and affordable housing investments that embody TCE’s mission and values. This position will also be responsible for full MRI program operations, collaborating with internal teams and external vendors. The candidate must have a strong investments background, an understanding of the social/impact investing sector and a passion to use capital to make a difference. The candidate must also have a strong attention to detail as well as strong written and oral presentation skills.
This position reports to the Impact Investment Officer, Mission Related Investments
Salary & Benefits
$111,220 - $166,830 Annual
TCE Benefits and Perks:
Shared medical and dental premiums for employees and eligible dependents
100% employer-paid benefits: vision, life and AD&D, STD, LTD and employee assistance program
Health Care and Dependent Care Flexible Spending Accounts
Reimbursement towards gym fees and/or wellness program and mental health care
9-80 schedule with synchronized off days
Hybrid work schedule available for most positions
11 paid holidays + paid winter holiday closure
Generous paid time off (PTO)
401k plan with generous employer match and contributions
Matching gifts program
Paid parking or public transportation subsidy
Professional development and training opportunities
Tuition Reimbursement Program
Monthly BYOD stipend
This is a hybrid role with weekly onsite requirements at one of five offices across the state of California (Los Angeles, Oakland, Fresno, Sacramento, and San Diego).
The California Endowment’s goal is to hire qualified staff reflecting the rich diversity of all Californians. We are proud to be an equal opportunity employer committed to advancing health and racial equity in California. We are committed to creating a work environment in which all individuals are valued and respected. We encourage applicants from diverse backgrounds. We define diversity in broad terms to include race, ethnicity, age, gender, religion, sexual orientation, gender identity and expression, disability, geography, socio-economic status, and prior criminal history, in accordance with local, state and/or federal laws.
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