Funding Coordinator Job Description [Updated for 2025]

In the world of nonprofit and business enterprises, the role of a Funding Coordinator has never been more critical.

As financial resources continue to evolve and diversify, the demand for skilled professionals who can strategically manage, procure, and allocate these funds grows stronger.

But let’s delve deeper: What’s truly expected from a Funding Coordinator?

Whether you are:

• A job seeker aiming to understand the core of this position,
• A hiring manager outlining the perfect candidate,
• Or simply intrigued by the complexities of funding coordination,

You’re in the right place.

Today, we present a versatile Funding Coordinator job description template, designed for effortless posting on job boards or career sites.

Let’s dive right into it.

Funding Coordinator Duties and Responsibilities

Funding Coordinators are primarily responsible for assisting in securing funds for an organization or project.

This can involve a variety of tasks, from researching potential sources of funding to preparing grant applications.

Funding Coordinators have the following duties and responsibilities:

• Research and identify potential sources of funding, including grants, donations, and sponsorships
• Prepare and submit grant applications, ensuring all requirements are met
• Coordinate with program and project managers to determine funding needs
• Create and maintain a database of funding opportunities and deadlines
• Monitor progress of funding applications and report on outcomes
• Establish and maintain relationships with potential donors and sponsors
• Coordinate fundraising events and campaigns
• Prepare financial reports and budgets related to funding activities
• Ensure compliance with funding regulations and stipulations
• Assist in the development of funding strategies and plans

 

Funding Coordinator Job Description Template

Job Brief

We are seeking a detail-oriented, diligent Funding Coordinator to manage our organization’s fundraising and allocation efforts.

The Funding Coordinator’s responsibilities include sourcing and securing additional funds, analyzing and reporting on the impact of funding, and coordinating all funding applications and procedures.

Our ideal candidate is highly organized, capable of managing multiple projects at once, and has a keen understanding of budgeting and financial management.

Ultimately, the role of the Funding Coordinator is to ensure smooth, efficient, and financially beneficial fundraising operations.

 

Responsibilities

• Coordinate all aspects of the funding application process
• Research and identify new potential funding sources
• Prepare and submit detailed funding proposals
• Manage relationships with donors and funding bodies
• Monitor and track the use of funds
• Analyze and report on the effectiveness of fundraising strategies
• Collaborate with team members to create budget proposals
• Ensure compliance with the terms and conditions of funding agreements
• Develop and implement fundraising strategies
• Maintain detailed records of fundraising activities

 

Qualifications

• Proven work experience in a similar role
• Knowledge of fundraising strategies and donor relations
• Excellent written and verbal communication skills
• Strong organizational and project management abilities
• Ability to work to tight deadlines
• Knowledge of financial planning, budgeting, and reporting
• Proficiency with database and fundraising software
• Bachelor’s degree in Business Administration, Finance, or related field

 

Benefits

• 401(k)
• Health insurance
• Dental insurance
• Retirement plan
• Paid time off
• Professional development opportunities

 

Additional Information

• Job Title: Funding Coordinator
• Work Environment: Office setting with options for remote work. Occasional travel may be required for fundraising events or meetings with donors.
• Reporting Structure: Reports to the Director of Development or Finance Manager.
• Salary: Salary is based upon candidate experience and qualifications, as well as market and business considerations.
• Pay Range: $45,000 minimum to $60,000 maximum
• Location: [City, State] (specify the location or indicate if remote)
• Employment Type: Full-time
• Equal Opportunity Statement: We are an equal opportunity employer and value diversity at our company. We do not discriminate on the basis of race, religion, color, national origin, gender, sexual orientation, age, marital status, veteran status, or disability status.
• Application Instructions: Please submit your resume and a cover letter outlining your qualifications and experience to [email address or application portal].

 

What Does a Funding Coordinator Do?

Funding Coordinators usually work for non-profit organizations, educational institutions, or other entities that rely heavily on external funding.

They can also work as consultants for multiple organizations.

They are primarily responsible for researching, identifying, and establishing relationships with potential funding sources.

This includes grants, donations, sponsorships, and other forms of financial assistance.

Funding Coordinators prepare and submit proposals or applications for funding, ensuring that each application aligns with the funder’s requirements and the organization’s mission and goals.

They also work closely with different departments within the organization to understand their funding needs.

This often involves creating budgets, financial reports, and other documentation required for funding applications.

In addition, Funding Coordinators may be involved in organizing fundraising events and initiatives, generating awareness about the organization’s cause, and fostering relationships with donors and stakeholders.

Once funding is secured, they manage the funds, ensuring they are used appropriately and that the organization complies with the terms of the funding agreement.

Funding Coordinators also play a key role in maintaining relationships with funders, which includes providing regular updates on how funds are used and the impact they have made.

They often play a key part in ensuring the sustainability of the organization they work for.

 

Funding Coordinator Qualifications and Skills

A competent Funding Coordinator should have the qualifications and skills that align with this job role, such as:

• Strong analytical skills to evaluate and manage funding proposals and reports.
• Excellent organizational skills to manage various projects and deadlines simultaneously.
• Knowledge of financial systems and budgeting to effectively coordinate funding activities.
• Excellent communication skills to liaise with different teams, donors, and stakeholders, and to write clear and compelling funding proposals.
• Proficiency in using financial software and databases to track funding activities.
• Ability to work effectively in a team to achieve common fundraising goals.
• Strong attention to detail to ensure accuracy in funding proposals and financial reports.
• Experience with grant writing and understanding of the grant application process.
• Problem-solving skills to resolve funding issues and maximize funding opportunities.

 

Funding Coordinator Experience Requirements

Funding Coordinators generally have a bachelor’s degree in finance, business administration, or a related field, where they gain foundational knowledge and skills required for the role.

Entry-level candidates typically have 1 to 2 years of experience, often through an internship, part-time role, or full-time role in finance, fundraising, grant writing, or non-profit management.

The experience they gain in such roles provides them with a good understanding of funding processes and strategies, enabling them to carry out their duties effectively.

Candidates with more than 3 years of experience are expected to have developed their skills and knowledge further, gaining proficiency in areas such as project management, financial management, donor relations, and communications.

They may have worked in roles such as Funding Assistant, Grant Administrator, or Development Associate.

Those with more than 5 years of experience often have considerable experience in coordinating funding activities and managing relationships with various stakeholders.

They may also have some leadership experience and are often ready to take on more responsibilities, such as overseeing a team of funding assistants or coordinators, developing funding strategies for an organization, and ensuring compliance with funding regulations.

 

Funding Coordinator Education and Training Requirements

Funding Coordinators typically hold a bachelor’s degree in finance, business administration, or a related field.

They should have a strong background in financial analysis, fund allocation, and budgeting.

Knowledge of federal, state, and private funding sources, as well as understanding grant writing and non-profit fundraising strategies, is also crucial.

Some positions may require Funding Coordinators to have a master’s degree in business administration, finance, or non-profit management.

Certifications in fundraising management, grant writing, or financial planning could be beneficial and demonstrate a candidate’s commitment to the role.

Experience in the field, along with a proven track record in securing funding, is usually a significant aspect for employers.

Continuing education is important in this role as regulations, funding opportunities, and financial strategies continually evolve.

 

Funding Coordinator Salary Expectations

A Funding Coordinator earns an average salary of $48,545 (USD) per year.

The actual income may fluctuate based on factors such as experience, the size of the organization, and the location of the job.

 

Funding Coordinator Job Description FAQs

What skills does a funding coordinator need?

A funding coordinator should have strong organizational and communication skills as they often manage multiple projects and liaise with various departments.

They should also possess good financial acumen and analytical skills to effectively monitor and track fund allocation and usage.

It’s beneficial for them to have a comprehensive understanding of grant and funding proposal writing.

 

Do funding coordinators need a degree?

Yes, funding coordinators generally need a bachelor’s degree in finance, business administration, or a related field.

Some employers may prefer candidates with a master’s degree or experience in fields such as non-profit management or grant writing.

Some positions may also require certain certifications in project management or finance.

 

What should you look for in a funding coordinator’s resume?

Firstly, a degree in a related field is important.

Besides that, look for experience in fund management, grant writing, or project management.

Experience working with non-profit organizations can also be beneficial.

Strong interpersonal and communication skills, as well as proficiency in financial software, could be additional assets.

 

What qualities make a good funding coordinator?

A good funding coordinator is detail-oriented and has a deep understanding of finance and budgeting processes.

They excel in communication and have a knack for building relationships with potential donors or funding organizations.

They are also resourceful and creative, able to identify and pursue various funding opportunities.

Moreover, they are good at multitasking, able to manage multiple projects at the same time.

 

Is it challenging to hire a funding coordinator?

The challenge in hiring a funding coordinator lies in finding a candidate who possesses both the financial acumen and the relationship-building skills necessary for the role.

As a niche role, it can sometimes be difficult to find candidates with the exact experience required, so it may be necessary to consider candidates with transferable skills.

 

Conclusion

So, we’ve delved into it.

Today, we’ve uncovered the heart and soul of being a funding coordinator.

And guess what?

It’s not just about managing funds.

It’s about orchestrating financial stability and growth, one funding strategy at a time.

With our ready-to-use funding coordinator job description template and real-world examples, you’re fully equipped to make your mark.

But why limit yourself?

Delve deeper with our job description generator. It’s your next step to creating precision-crafted job listings or fine-tuning your resume to perfection.

Always remember:

Every funding strategy is a part of the bigger financial picture.

Let’s build that prosperous future. Together.

How to Become a Funding Coordinator (Complete Guide)

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