Your Mark On The World

#257: FB Heron Foundation Leads Foundations Toward 100 Percent Impact Investment

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July 2, 2015 - Read the full Forbes article and watch the interview here: http://onforb.es/1RSwJiN. Subscribe to this podcast on iTunes by clicking here: http://bit.ly/ymotwitunes or on Stitcher by clicking here: http://bit.ly/ymotwstitcher. When people hear about impact investing, a light goes on. People immediately begin to see the potential. Once they do, they often assume that foundations must be doing the bulk of impact investing. In fact, relatively few are actively doing it. The FB Heron Foundation has made a bold, public commitment to move 100 percent of its assets to impact investments by the end of 2017. In her President’s letter issued last month, Clara Miller wrote, “In 2014, we continued to push forward on our core operating principle that “all investing is impact investing,” meaning that we believe that all investments (spanning the range of debt, equity, cooperative shares, warrants, and hybrid instruments) have social as well as financial repercussions. These social and financial repercuss