The World Has Changed (and So Must We)

The World Has Changed

(and So Must We)

A Ground-breaking New Vision for Philanthropic Intervention

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A Harvard University

Frontline with Faculty Seminar

All FwF seminars are open to the public

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Tuesday, February 26 - 4:15 – 5:45 pm
Taubman, NYE A, 5th floor, Harvard Kennedy School

with

CLARA MILLER | President, F.B. Heron Foundation

ERIC BELSKY | Managing Director, Joint Center for Housing Studies; Lecturer in Urban Planning, HGSD

JIM BILDNER | Adjunct Lecturer in Public Policy, HKS; Senior Research Fellow

CHRISTINE LETTS | Rita E. Hauser Senior Lecturer in the Practice of Philanthropy & Nonprofit Leadership, HKS; Interim Director, Hauser Center for Nonprofit Organizations

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Like other foundations, The F. B. Heron Foundation has for years focused on helping families at the bottom of the economic and social scale — inheritors of persistent poverty, racial and ethnic discrimination, social and geographic isolation. Unfortunately, for the great bulk of the U.S. population, social and economic mobility have been stagnant for decades. Industrial and technological advances now lead as often to reductions in employment as to increases. Employment at a living wage is neither reliable nor commonplace. Clara Miller will discuss the organization’s ground-breaking new strategy, which aims to alleviate structural poverty while supporting an American economy that successfully competes in the global market. Specifically, the Heron Foundation believes that philanthropy’s financial toolkit should include every investment instrument, all asset classes, and all enterprise types, and the organization is shifting its focus from creating homeownership opportunities for low and moderate income people to more balanced and holistic investment opportunities in assets that improve access to reliable income and opportunity to disadvantaged populations.

Co-sponsored by The Hauser Center for Nonprofit Organizations and the Harvard Joint Center for Housing Studies

Clara Miller Clara Miller is President of The F. B. Heron Foundation, which helps people and communities help themselves out of poverty. Prior to assuming the Foundation’s presidency, Miller was President and CEO of Nonprofit Finance Fund which she founded and ran from 1984 through 2010. Miller was named to The NonProfit Times “Power and Influence Top 50” for the five years from 2006 through 2010. She was awarded a Bellagio Residency in 2010 by The Rockefeller Foundation. In addition to serving on The F. B. Heron Foundation’s board, Miller is on the boards of GuideStar, PopTech, and The Robert Sterling Clark Foundation. She is a member of The Bank of America’s National Community Advisory Council, the Aspen Philanthropy Group and the Social Investment Committee of the Kresge Foundation. In 2010 Miller became a member of the first Nonprofit Advisory Committee of the Financial Accounting Standards Board. In 1996, Miller was appointed by President Clinton to the U.S. Treasury’s first Community Development Advisory Board for the then-newly-created Community Development Financial Institutions Fund. She later served as its Chair. She chaired the Opportunity Finance Network board for six years and was a member of the Community Advisory Committee of the Federal Reserve Bank of New York for eight years. Other prior board affiliations include Grantmakers for Effective Organizations, Enterprise Community Loan Fund, Community Wealth Ventures and Working Today. Miller speaks and writes extensively about nonprofit capitalization and finance and has been published in The Financial Times, Stanford Social Innovation Review, The Nonprofit Quarterly and the Chronicle of Philanthropy.

The Frontline with Faculty Series is a venue for Harvard faculty affiliated with the Hauser Center to share their work and research with faculty colleagues, as well as students in an informal setting that will allow for spirited discussion, debate and exchange. The seminars link faculty experts from Harvard Schools and beyond on a wide range of topics. The Hauser Center for Nonprofit Organizations at Harvard University seeks to expand understanding and accelerate critical thinking about civil society among scholars, practitioners, policy makers and the general public, by encouraging scholarship, developing curriculum, fostering mutual learning between academics and practitioners, and shaping policies that enhance the sector and its role in society.