The Walton Family Foundation is seeking a skilled legal professional to join the team as Legal Counsel, reporting to the General Counsel.
About the Walton Family Foundation
The Walton Family Foundation is, at its core, a family-led foundation. The children and grandchildren of our founders, Sam and Helen Walton, lead the foundation and create access to opportunity for people and communities. We believe the best ideas can come from anywhere, so we stay open to new thinking from all over. And we partner with those who are closest to the problem because they’re usually closest to the solution.
We work in three areas: improving K-12 education, protecting rivers and oceans and the communities they support, and investing in our home region of Northwest Arkansas and the Arkansas-Mississippi Delta.
Headquartered in Bentonville, Arkansas, with offices in Washington, D.C., Jersey City, New Jersey and Denver, Colorado, approximately 110 staff conducts the day-to-day operations of the foundation.
What you will do
This is a newly created position for an attorney with at least 3-5 years of experience who has a commitment to working in the nonprofit sector. Ideally, you will have a working knowledge of the legal rules that apply to tax-exempt organizations but can also be or become a strong generalist.
You will be responsible for providing representation and counsel to the foundation on a broad range of U.S. and international legal matters that include advising on contracts, grants, business operations, organizational policies, governance, and regulatory compliance, as well as providing staff training with respect to these areas. You may opt to be located In any one of our four offices.
More specifically, you will:
- Advise staff on laws applicable to private foundations, public charities and social welfare organizations, including IRS lobbying, self-dealing and campaign intervention rules
- Advise on legal issues and review and negotiate agreements and other documents related to domestic and international grantmaking
- Prepare, review and negotiate contracts, licenses, leases and other legal documents with foundation vendors, grantees and others
- Advise on structuring foundation program-related investments and draft, review and negotiate investment documentation
- Develop and conduct educational opportunities for foundation staff on legal and related matters.
- Provide support for corporate governance activities as directed by the general counsel, such as drafting resolutions and preparing board reports.
- Conduct legal research as needed
- Assist and advise as requested on special projects throughout the foundation
Knowledge, skills & abilities needed to support your success
Characteristics that we look for:
- Excellent communication skills both written and verbal. Demonstrated ability to think strategically while delivering customized solutions to specific programs and departments
- Effective team member who is collaborative and empathetic
- An ambassador with the ability to give and receive feedback graciously
- Strong organizational skills, with the ability to manage and prioritize multiple projects
- Superior organizational integrity, professional discretion and ability to handle highly sensitive or confidential matters
- Ability to perform at a high level in fast-paced environment and meet tight deadlines
Basic qualifications you are required to have:
- Law degree from an accredited law school
- License to practice law in at least one state
- 3-5 years of U.S. law firm and/or in-house experience (or equivalent) with general corporate or exempt organization experience
- Contract drafting and negotiating skills
- Experience working in the exempt organizations field strongly preferred
- Familiarity with grantmaking
The Walton Family Foundation is an equal opportunity employer and is committed to building and maintaining a culturally diverse workplace. We encourage women, minorities, individuals with disabilities and veterans to apply. All qualified applicants will receive consideration for employment without regard to race, religion, color, national origin, sex, sexual orientation, gender identity, age, status of protected veteran, among other things or status as a qualified individual with a disability.