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Grants Portfolio Manager
MassMutual
Administration
Boston, MA, USA
USD 107,700-141,300 / year
Posted on Apr 9, 2025
Grants Portfolio Manager, Community Responsibility Strategy
Fulltime/Hybrid, Boston
The Opportunity
As a Program Officer, you will play a crucial role in developing, implementing, and managing the Foundation and Corporate grant programs that align with the organization's mission and strategic goals. As a member of the broader Community Responsibility team, you will contribute to the alignment of our corporate values with meaningful social impact, employee engagement, and strengthening MassMutual’s reputation as a responsible corporate citizen.
The Team
In addition to the grants program, the Foundation and Corporate Giving team includes national partnerships, Foundation operations, and Foundation Board management. As a team, we pursue the following strategies:
Challenge the status quo, shifting social norms, and proving alternative solutions in addressing the complex and systemic barriers to financial resilience
Amplify and follow voices of the community; acknowledging we do not hold the answers
Initiate and incentivize partnerships across entities, organizations and sectors in order to scale impact
Leverage all of MassMutual's our resources to increase the sustainability of partner organizations to serve their constituencies
The Impact:
Grantmaking Strategy and Philanthropic Field Leadership
You will lead the evolution of a growing grant portfolio aligned with broader philanthropic goals and social impact objectives
Allocate and monitor annual grantmaking budget (approx. $15M) and up to 5 years’ forecasting
You will consider how trends and best practices in philanthropy will shape our grantmaking practice
You will represent the organization at appropriate meetings, conferences, and events, communicating our strategy and demonstrating our thought leadership
Grantmaking and Portfolio Management
You will provide ongoing adaptive management of a diverse portfolio of grants and projects to meet the ever-evolving needs of the social sector
You will encourage collaboration, learning, exchange and strategic partnerships among grantees
You will review, evaluate and respond to grant inquiries and proposals
You will support grantees to develop, draft and refine proposal requests and prepare grant recommendations for senior management and Board approval
You will engage grantees to assess and address capacity building needs
You will conduct due diligence through site visits, financial analysis and other activities
Impact Assessment and Reporting
You will evaluate grant effectiveness against stated objectives and overall portfolio effectiveness
You will prepare reports for board members and other key stakeholders
You will input relevant and timely information into grants management system to support reporting and analysis
Stakeholder Engagement & Communications
You will establish and maintain ongoing and productive relationships with grantees, partners, peer funders, and other external stakeholders
You will collaborate across internal departments (Finance, Legal, Communications, Brand) in order to connect resources and amplify the work
You will engage board members and Foundation leadership to enhance their understanding of the field and inform their decision making
The Minimum Qualifications
7+ years of experience developing, implementing, and managing Foundation or Corporate grant programs
The Ideal Qualifications
Employs systems thinking to understand complex social issues
Capacity to identify leverage points for maximum impact
Awareness of current trends and best practices in the field of philanthropy
Experience in community financial health and/or familiarity with the social determinants of health
Existing knowledge of the nonprofit and social services landscape in Boston and across MA
Synthesize and apply research to inform grantmaking strategies
Keenly navigates inherent power dynamics in philanthropy
Understanding of legal and compliance issues in corporate grantmaking
Highly collaborative and collegial team player able to thrive in a dynamic and evolving work environment
Exceptional listening, writing and verbal communication, with experience in crafting compelling narratives for a wide range of stakeholders
Acute attention to detail, offering precision and thoroughness in all aspects of work
What to Expect as Part of MassMutual and the Team
Regular meetings with the Foundation & Corporate Giving Team
Focused one-on-one meetings with your manager
Access to mentorship opportunities
Networking opportunities including access to Asian, Hispanic/Latinx, African American, women, LGBTQ, veteran and disability-focused Business Resource Groups
Access to learning content on Degreed and other informational platforms
Your ethics and integrity will be valued by a company with a strong and stable ethical business with industry leading pay and benefits
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Salary Range:
$107,700.00-$141,300.00At MassMutual, we focus on ensuring fair equitable pay, by providing competitive salaries, along with incentive and bonus opportunities for all employees. Your total compensation package includes either a bonus target or in a sales-focused role a Variable Incentive Compensation component.
Why Join Us.
We’ve been around since 1851. During our history, we’ve learned a few things about making sure our customers are our top priority. In order to meet and exceed their expectations, we must have the best people providing the best thinking, products and services. To accomplish this, we celebrate an inclusive, vibrant and diverse culture that encourages growth, openness and opportunities for everyone. A career with MassMutual means you will be part of a strong, stable and ethical business with industry leading pay and benefits. And your voice will always be heard.
We help people secure their future and protect the ones they love. As a company owned by our policyowners, we are defined by mutuality and our vision to put customers first. It’s more than our company structure – it’s our way of life. We are a company of people protecting people. Our company exists because people are willing to share risk and resources, and rely on each other when it counts. At MassMutual, we Live Mutual.
MassMutual is an Equal Employment Opportunity employer Minority/Female/Sexual Orientation/Gender Identity/Individual with Disability/Protected Veteran. We welcome all persons to apply. Note: Veterans are welcome to apply, regardless of their discharge status.
If you need an accommodation to complete the application process, please contact us and share the specifics of the assistance you need.
At MassMutual, we focus on ensuring fair, equitable pay by providing competitive salaries, along with incentive and bonus opportunities for all employees. Your total compensation package includes either a bonus target or in a sales-focused role a Variable Incentive Compensation component. For more information about our extensive benefits offerings please check out our Total Rewards at a Glance.