Pension liabilities can be a detriment to community prosperity, while pension funds can be a source of power for workers. With those dynamics in mind, here are a few pension-related questions we’re asking this week.
We’re launching a new series called “Questions We’re Asking This Week” that catalogs some of the inquiries we’re chasing in order to help people and communities help themselves.
At Heron, we’re always looking for opportunities to better align our investments with our mission — which sometimes involves investing deliberately in specific geographies. Here is a spectrum of strategies that we look to when we are trying to invest in a specific place.
To convey our mission to our preexisting and prospective managers, Heron has created a Letter of Intent for our fixed income portfolio.
To convey our values and mission to our preexisting and prospective managers, Heron has created a Letter of Intent for our Fixed Income portfolio.
A few years ago, Heron gave a sizable grant to stimulate job growth in a city that had high rates of unemployment. While our intentions were good, our grant resulted in unintended consequences for the community— prompting us to reevaluate how we think about net contribution in a place.
This summer, Congressman John Curtis (R-UT) introduced a bipartisan bill called the Small Business Access to Capital and Efficiency Act, also known as the Small Business ACE Act. The point of the Small Business ACE Act is to strengthen the Small Business Administration 504 loan program (SBA 504) by reconciling conflicting requirements and removing unnecessary burdens.
In part two of a video series on nonprofit capitalization, Heron’s Rodney Christopher shares thoughts on assessing where an organization stands financially, and four capitalization goals to help ensure a nonprofit has the right kinds of money when various needs arise.
Capital and revenue are as different, and important, in the nonprofit space as in the for-profit space, but these differences are often overlooked—endangering the health and sustainability of nonprofit enterprises and the missions they serve.
Part one of a video series on nonprofit capitalization: Heron’s Rodney Christopher discusses how the right approach to capitalization can be the difference between a nonprofit that struggles and one that thrives while pursuing its mission.