Inside: The World Has Changed
Heron begins assembling a new staff including the Capital Deployment team, breaking the traditional barriers between investment and grantmaking departments. The World has Changed document is created, outlining a change in direction for the foundation under three pillars:
1. Primacy of Jobs and Livelihood: investing in the best deals producing reliable, decent employment…expecting meaningful results that enable people to be self-sufficient, act independently, and make choices.
2. Lift All Boats: bringing every enterprise up the social/financial performance curve with a greater percent of people sharing in the economy…seeking to have the market system operate more equitably.
3. Full Accountability: deploying 100 percent for mission…putting all Heron’s resources at work for the benefit of society.
Outside: Presidential Election
The 2012 presidential election ushers in a new discussion on society's "makers and takers." Candidates take different perspectives on America's poor and whether or not they take away from society. The election also sparks a debate on raising the minimum wage. Advocates state that a higher minimum wage would help Americans out of poverty and improve the quality of life for people across the country, while critics say higher wages cripple businesses and catalyze layoffs.