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.
An announcement by Blackrock CEO Larry Fink that corporations need to pay more attention to their effects on society echoes Heron Chair Buzz Schmidt’s call for accountability for enterprises’ positive or negative effect on society’s wherewithal.
The second in a series of retrospective deep dives into a broad selection of Heron’s early fixed income impact investments, featuring a mixed-income housing community in post-Katrina New Orleans.
Transition to take place on December 31, 2017
The first of a series of retrospective deep dives into a broad selection of Heron’s early fixed income impact investments, featuring the financing of a wind turbine factory in Jonesboro, Arkansas.
A longer-term view and sustainable business practices can lead to better results, argues Daryl Brewster, in the latest installment of Heron’s “Poor U.S.” video series.
Through 60 Caregiver Issues, Paraprofessional Healthcare Institute (PHI) confronts the shortage of caregivers to meet growing demand amidst an aging population.
More than a decade ago, Heron committed to aligning our entire portfolio with our mission. At the time, we thought that would mean investing in enterprises that provided family-sustaining jobs. But we quickly realized that some of the enterprises that provided good jobs might not be good, on the whole, for the people we wanted to help.
Over time, our general desire to invest first and foremost in enterprises that have a net positive impact on society (and only then layer on our specific mission) developed into the net contribution lens.
The latest move towards principled investments by insurance giant, Swiss Re, exemplifies ESG indices’ power to influence capital markets at scale.