Principal, Social Impact Funds

The American Heart Association has been fighting cardiovascular disease since 1924, cutting deaths in half—but the work continues. Join us to tackle today’s biggest health challenges and help build a healthier future for all.

About the role

The Principal, Social Impact Funds will support the sourcing, evaluation, execution, and management of impact investments across grants, debt, equity, and hybrid capital structures. This role combines investment analysis, relationship management, portfolio support, and ecosystem engagement to advance the Fund’s mission of improving health outcomes through innovative capital deployment. The position is home-based, full-time, benefits-eligible, and grant-funded through 3/1/2027, with potential extension.

The Social Impact Funds deploy mission-driven capital to improve health outcomes and advance healthcare, focusing on three core areas: healthcare access and quality, food security, and economic empowerment. Through grants, loans, equity investments, and other financing approaches, the Fund supports scalable solutions that strengthen communities. The Fund partners with entrepreneurs, nonprofit organizations, investors, foundations, healthcare stakeholders, and public sector organizations to accelerate impact.

The American Heart Association offers resources to support work-life harmonization, including access to Heart U, an award-winning corporate university, and additional training and support.

Responsibilities

• Investment Sourcing & Origination
  • Identify and cultivate investment opportunities aligned with the Fund’s strategy, impact objectives, and deployment goals.
  • Build and maintain relationships with entrepreneurs, nonprofit leaders, investors, foundations, accelerators, healthcare organizations, and ecosystem partners.
  • Develop trusted partnerships to enhance the Fund’s visibility, sourcing network, and investment pipeline.
• Investment Due Diligence & Execution
  • Conduct financial, operational, market, and impact due diligence on prospective investments.
  • Analyze business models, financial projections, capital needs, and potential risks and opportunities.
  • Support investment structuring across grants, debt, equity, recoverable grants, and other mission-driven financing approaches.
  • Prepare investment memoranda, presentations, and recommendations for Investment Committee review.
  • Partner with legal, finance, and external stakeholders throughout transaction execution and closing.
• Portfolio Management & Value Creation
  • Manage relationships with portfolio organizations and external partners.
  • Monitor financial and impact performance against established objectives.
  • Support portfolio companies through strategic guidance, introductions, ecosystem connections, and problem-solving.
  • Identify emerging risks and opportunities and recommend appropriate actions.
  • Serve as a board observer or support governance activities as appropriate.
• Impact Measurement & Strategy
  • Collaborate with internal and external stakeholders to track, measure, and report health and social impact outcomes.
  • Support development and refinement of impact measurement frameworks and reporting processes.
  • Ensure investment decisions incorporate both financial performance and mission impact considerations.
• Industry & Ecosystem Engagement
  • Represent the Social Impact Funds externally through conferences, industry events, working groups, and partner meetings.
  • Build relationships with co-investors, philanthropic organizations, government agencies, and strategic partners.
  • Support fundraising, donor engagement, and strategic communications efforts as needed.

Qualifications

• Bachelor’s degree or equivalent combination of education and relevant experience.
• Three (3) years of professional experience in venture capital, private equity, lending, impact investing, consulting, entrepreneurship, foundation investing, healthcare innovation, nonprofit leadership, or related fields.
• Experience conducting investment diligence, market analysis, financial analysis, or strategic evaluation of organizations and opportunities.
• Strong analytical and financial skills with the ability to assess business models, risks, and growth opportunities.
• Experience developing and managing relationships with entrepreneurs, investors, community organizations, foundations, corporations, or other stakeholders.
• Excellent written and verbal communication skills, including the ability to present recommendations and findings to senior leaders and investment committees.
• Strong project management skills and ability to manage multiple priorities in a fast-paced environment.
• Ability to collaborate effectively across functions, sectors, and organizational boundaries.
• Ability to travel up to 20% (local and overnight).

Preferred Qualifications

• Five (5) - Seven (7)+ years of relevant professional experience.
• Advanced degree (MBA, MPH, MPA, JD, or related field).
• Experience evaluating or managing investments across multiple asset classes or capital structures, including grants, debt, equity, catalytic capital, blended finance, or mission-driven investment vehicles.
• Experience working with healthcare organizations, social enterprises, nonprofit organizations, foundations, government agencies, or impact-focused businesses.
• Board, board observer, governance, or advisory experience.
• Familiarity with impact measurement and management frameworks.
• Bilingual (English/Spanish) preferred.

Who Thrives In This Role

Successful candidates are relationship builders who enjoy working across sectors and developing solutions to complex social challenges. They are comfortable navigating ambiguity, building trust with stakeholders, and balancing investment discipline with mission impact. They are equally excited to evaluate investment opportunities, support portfolio organizations, and help shape innovative approaches to deploying capital for lasting health impact.

Pay

Salary minimum to midpoint of the range is $86,900 to $115,000. Pay is commensurate with experience; geographic differentials may apply.

Benefits

• Compensation: Competitive base salary with regular market reviews. Eligibility for incentive programs based on position.
• Benefits:
  • Medical, dental, vision, disability, and life insurance.
  • Robust retirement program with employer match and automatic contribution.
  • Employee assistance program, wellness program, and telemedicine.
• Professional Development:
  • Access to Heart U, the Association’s national online university with over 100,000 resources.
  • Opportunity to join Employee Resource Groups (ERGs) or participate in mentoring programs.
• Work-Life Harmonization:
  • Paid Time Off (PTO) starting at 16 days per year for new employees, increasing with seniority.
  • 12 paid holidays per year, including year-end days off.
• Tuition Assistance: Financial support for employees pursuing education related to their current or future roles.