Clara Miller became the president of the F.B. Heron Foundation in 2011. She is the founder and former CEO of the Nonprofit Finance Fund. She has written extensively on how and why the nonprofit sector is undercapitalized. 


Voices from the Field

Arriving at 100 Percent for Mission. Now What?

Posted on April 17, 2019 by Clara Miller

A hand holds up a pen that says "where to invest?"
The Heron Foundation, which seeks to help communities out of poverty, has used innovative financial techniques to reach their goal of 100% of their endowment towards mission. What's next? We always knew that “getting to 100 percent,” would be like reaching a false summit. We would like to share some lessons we learned on the path to our “100 percent” goal, as well as our thoughts on the significance of those lessons and our own plans for the future… Read More