Explore jobs
Find specific jobs
Explore careers
Explore professions
Best companies
Explore companies
The differences between executive directors of development, gift planning and chief finance officers can be seen in a few details. Each job has different responsibilities and duties. While it typically takes 2-4 years to become an executive director of development, gift planning, becoming a chief finance officer takes usually requires More than 10 years. Additionally, a chief finance officer has an average salary of $143,947, which is higher than the $106,169 average annual salary of an executive director of development, gift planning.
The top three skills for an executive director of development, gift planning include development programs, appeals and annuities. The most important skills for a chief finance officer are payroll, CPA, and oversight.
| Executive Director Of Development, Gift Planning | Chief Finance Officer | |
| Yearly salary | $106,169 | $143,947 |
| Hourly rate | $51.04 | $69.21 |
| Growth rate | 11% | 6% |
| Number of jobs | 125,352 | 145,184 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 69% | Bachelor's Degree, 72% |
| Average age | 43 | 52 |
| Years of experience | 4 | - |
The Executive Director of Development creates and executes a development plan to attain established development objectives and metrics. They lead and mentor any direct report, magnifying the peculiarities needed to achieve various career development goals and position-specific success. Executive Directors coordinate and collaborate with other gift team members to create profitable fundraising strategies.
A chief financial officer is responsible for managing and reviewing the financial status of a company. Chief financial officers' duties include ensuring the accuracy of financial reports, monitoring the company's expenses and budget goals, providing recommendations to prevent financial loss and increase revenues, processing the company's tax obligations, and resolving financial disputes. A chief financial officer must have an impeccable knowledge of the financial industry, updated with the current market trend, and strong leadership and decision-making skills to support the organization's financial department.
Executive directors of development, gift planning and chief finance officers have different pay scales, as shown below.
| Executive Director Of Development, Gift Planning | Chief Finance Officer | |
| Average salary | $106,169 | $143,947 |
| Salary range | Between $60,000 And $185,000 | Between $80,000 And $257,000 |
| Highest paying City | - | Washington, DC |
| Highest paying state | - | California |
| Best paying company | - | Baker McKenzie |
| Best paying industry | - | Construction |
There are a few differences between an executive director of development, gift planning and a chief finance officer in terms of educational background:
| Executive Director Of Development, Gift Planning | Chief Finance Officer | |
| Most common degree | Bachelor's Degree, 69% | Bachelor's Degree, 72% |
| Most common major | Business | Accounting |
| Most common college | University of Pennsylvania | University of Pennsylvania |
Here are the differences between executive directors of development, gift planning' and chief finance officers' demographics:
| Executive Director Of Development, Gift Planning | Chief Finance Officer | |
| Average age | 43 | 52 |
| Gender ratio | Male, 62.3% Female, 37.7% | Male, 71.9% Female, 28.1% |
| Race ratio | Black or African American, 5.2% Unknown, 4.0% Hispanic or Latino, 7.9% Asian, 5.1% White, 77.5% American Indian and Alaska Native, 0.3% | Black or African American, 3.8% Unknown, 3.9% Hispanic or Latino, 7.9% Asian, 7.7% White, 76.1% American Indian and Alaska Native, 0.6% |
| LGBT Percentage | 19% | 12% |