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The differences between funds development directors and development directors can be seen in a few details. Each job has different responsibilities and duties. It typically takes 2-4 years to become both a funds development director and a development director. Additionally, a development director has an average salary of $107,044, which is higher than the $94,994 average annual salary of a funds development director.
The top three skills for a funds development director include portfolio, donor relations and financial support. The most important skills for a development director are digital marketing, oversight, and patients.
| Funds Development Director | Development Director | |
| Yearly salary | $94,994 | $107,044 |
| Hourly rate | $45.67 | $51.46 |
| Growth rate | 8% | 8% |
| Number of jobs | 55,583 | 63,008 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 76% | Bachelor's Degree, 72% |
| Average age | 42 | 42 |
| Years of experience | 4 | 4 |
A funds development director spearheads and oversees the funding operations of a company. It is their duty to make decisions that benefit the company and its overall operations, set goals and monthly objectives, establish guidelines and timelines, liaise with external parties, coordinate with managers and executives, review and analyze funding procedures and documentation, and develop strategies to optimize operations. Moreover, a funds development director leads and encourages staff to reach goals while implementing the company's policies and regulations.
A development director is an individual who is responsible for securing funds and sponsors for non-profit organizations. Development directors must actively seek new business partners and develop relationships with volunteers and donors. They meet with members of the development team to help advertise and promote brand awareness and funding. Development directors must possess skills and experience in managing human resources, marketing, and budgeting functions. They must also obtain a bachelor's degree in business management, public relations, or related field.
Funds development directors and development directors have different pay scales, as shown below.
| Funds Development Director | Development Director | |
| Average salary | $94,994 | $107,044 |
| Salary range | Between $56,000 And $160,000 | Between $64,000 And $177,000 |
| Highest paying City | New York, NY | Jersey City, NJ |
| Highest paying state | New Jersey | New Jersey |
| Best paying company | BNY Mellon | Cornerstone Research |
| Best paying industry | Health Care | - |
There are a few differences between a funds development director and a development director in terms of educational background:
| Funds Development Director | Development Director | |
| Most common degree | Bachelor's Degree, 76% | Bachelor's Degree, 72% |
| Most common major | Business | Business |
| Most common college | University of Pennsylvania | Stanford University |
Here are the differences between funds development directors' and development directors' demographics:
| Funds Development Director | Development Director | |
| Average age | 42 | 42 |
| Gender ratio | Male, 38.3% Female, 61.7% | Male, 50.2% Female, 49.8% |
| Race ratio | Black or African American, 5.7% Unknown, 4.7% Hispanic or Latino, 8.9% Asian, 5.1% White, 75.2% American Indian and Alaska Native, 0.4% | Black or African American, 6.0% Unknown, 4.7% Hispanic or Latino, 9.2% Asian, 5.1% White, 74.5% American Indian and Alaska Native, 0.4% |
| LGBT Percentage | 16% | 16% |