Head of Funding

2 weeks ago

London, United Kingdom London Marathon Foundation Full time

The London Marathon Foundation (part of the London Marathon Group) is one of the UK’s major funders of initiatives that support people – especially children, young people and underserved communities – to lead active and healthy lives.
We’re the parent charity of London Marathon Events (LME), whose event portfolio includes the TCS London Marathon and Ford RideLondon-Essex. Every year, after costs, the surplus generated by LME is passed through corporate Gift Aid to the Foundation, and we use this income to fund projects that inspire, increase and champion participation and diversity in physical activity in London, Essex and across the UK.
Since our founding in 1981, we’ve awarded more than £105 million to more than 1,700 projects that inspire activity. Impact – together we create positive change Innovate – together we enable new ideas Everyone – together we champion inclusivity Customer first – together we go the extra mile for all Diversity, inclusion and wellbeing are at the heart of everything we do, and we want to ensure they are at the heart of our company.We strongly value diversity within our workforce and recognise that different people bring different perspectives, lived experience, ideas and culture to the company. This difference brings with it great strengths, including diversity of thought and innovation.
Reporting to and working closely with the Foundation’s Executive Director (ED), the Head of Funding role is a senior position at LMF, managing the day to day operations of our funding and grantmaking work.
The Head of Funding will help oversee delivery of all aspects of our funding plan, including the design and review of our funding programmes, development of new approaches, and the monitoring and evaluation of the impact of our funding. They will bring demonstrable experience and expertise from the funding and grantmaking sector, preferably with knowledge of sport for development and/or associated fields such as health and wellbeing and community sport. They will have an ability to horizon-scan and share insights and recommendations, thinking creatively to help inform the continuous improvement of our funding and grantmaking.
The Head of Funding will have a strong understanding of the governance needs and legal requirements of a grantmaking charity. They will be comfortable working with Boards, preparing reports and papers, developing grantmaking-related policies, and be experienced in risk management related to the delivery of our funding. They will work closely with the ED and the Finance Team on our funding budget forecasting and monitoring, and will be responsible for reporting regularly to the ED and when required to relevant Board and Committee meetings. They must demonstrate a deep commitment to improving society, and to harnessing the power of sport and physical activity to improve the health and wellbeing outcomes of marginalised communities in London and beyond.
To lead on the delivery and evaluation of the Foundation’s strategic funding plan
· To lead on all aspects of the operational planning and implementation of the Foundation’s funding and grantmaking, ensuring effective and efficient processes and systems are in place to support our work.
· To work closely with the ED and the Finance Team on the long-term planning of the funding budget.
· To ensure that embedded themes such as Diversity, Equity and Inclusion (DEI) and sustainability are woven into our funding plan.
To contribute to the ongoing development of a culture of high engagement and high performance in which the team’s performance is regularly reviewed, and to support their continuous improvement and development as expert grant-makers.
To oversee our data collection and M&E practices to ensure we maximise our impact and constantly strive to improve our approach.
· To manage operational risks related to our grant-making working closely with the ED and Trustees on our risk register management, and reporting on specific risks as required.
· To work closely with the ED and Head of Governance on any governance matters that relate to the effective operation of the Grants Committee, or on risk or any other matters arising.
· To contribute to the Group’s Annual Report and Accounts and any other statutory documents alongside the ED, Finance and Governance teams as required.
· To support the ED and the Head of Governance in ensuring the Foundation fulfils all its legal, statutory and regulatory responsibilities as related to our funding and grantmaking.
· To oversee and liaise with our legal support on any legal review of grants and grant documentation.
To advise and guide the ED and Grants Committee on external risks and opportunities within the sectors and communities that our funding reaches.
· To horizon-scan on key policy issues, sector developments, innovations and learnings relevant to our work and to guide and advise the ED and team accordingly.
· To represent the Foundation at relevant external events when appropriate.
Delivery of a joined-up approach to data collection, impact reporting, and an emerging learning/insights function.
Knowledge of a range of monitoring and evaluation approaches
• Creative and strategic thinker, dedicated to the continuous improvement of our funding and grant-making through identifying solutions, opportunities and potential innovations
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