VP, Managing Director, Social Impact Fund

Overview

As we celebrate our Centennial year, we invite you to join us in shaping the next century of impact. Be a relentless force for a world of longer, healthier lives as we remain devoted to a future of health and hope for everyone, everywhere. At the American Heart Association, your contribution matters, and so does your career.

The American Heart Association has an excellent opportunity for a VP, Managing Director, Social Impact Fund in our Mission Aligned Business department.

This position can be home based but must live near a major airport.

The Association offers many resources to help you maintain work-life harmonization through your changing needs and life situations. To help you be successful, you will have access to Heart U, our award-winning corporate university, as well as additional training and support, locally.

#TheAHALife is our company culture, our way of life, reflecting our diversity, equity & inclusion, our focus on work-life harmonization and our Guiding Values. Discover why you will Be Seen. Be Heard. Be Valued™ at the American Heart Association by following us on LinkedIn, Instagram, Facebook, X (formerly Twitter), and at heart.jobs.

Responsibilities

Responsible for establishing and generating growth of the Social Impact Fund created to leverage philanthropy for improving community health and wellbeing. Responsible for implementing initiatives, programs, and nonprofit businesses. Responsible for investigating, researching, and recommending initiatives for the Social Impact Fund, such as but not limited to improving the quality of affordable housing, accessing healthcare, accessing healthy food, safe community space, and neighborhood-serving retail.  Also, I am responsible for the startup activities required to establish and manage this philanthropic fund and drive alignment with the Association’s vision, mission, and values. Responsible for taking the Association’s Social Impact Fund from concept to reality while engaging internal and external stakeholders nimbly, thoughtfully, and with the utmost integrity.  Also responsible for the financial aspects of the fund, such as building a financial model and budget and maintaining fund P/L.

• Develops short-term and long-term strategies and is responsible for operations to implement the Association’s Social Impact Fund, supporting efforts to improve the health of communities and drive participation from potential community partners and funders. Collaborates, integrates, and is accountable to Chief Executives, The Association Board, and the volunteer Business Solutions Oversight Committee on business and mission impact, achievement of milestones, and strategic plans.
• Builds a business financing model and budget and maintains Fund P/L. Negotiates partnership structure with input from Legal and other stakeholders. Collaborates with business development and fundraising staff to build relationships and assist in the acquisition of additional financial support for the Association Social Impact Fund.
• Works with multiple partners to bring sustainable solutions to populations in greatest need. Tracks and supports the execution of disparate and various projects required to launch and sustain the Fund successfully.
• Establishes, organizes, and facilitates: (1) governance and business models, (2) community investment strategies including development of ROI for the Fund, (3) prospecting, cultivating, and due diligence activities, (4) peer review process, and (5) evaluation criteria.
• Operates as an entrepreneurial, start-up entity within the Association, including the ability and proven track record of success in developing new, revolutionary, out-of-the-box strategies and solutions for complex problems.
• Conveys and helps to facilitate key volunteers and stakeholders as necessary in the Fund's business; maximizes meeting time utilization, ensuring meeting objectives are met and managed to desired outcomes.
• Collaborates closely with the Association’s Center for Health Metrics and Evaluation to develop and track all key performance indicators (KPIs) and metrics for success, ensuring appropriate process and outcome evaluation mechanisms are in place and reported in a timely manner.
• Drives growth of the Fund to improve the health and well-being of individuals in underserved communities to address chronic social challenges.
• Develops and executes a marketing strategy to raise awareness of the Social Impact Fund. Focuses on external market trends and community solutions and communicates the market trends to internal and external stakeholders.
• Leads the implementation of the operational plan, including hiring, developing, and motivating key leadership roles to execute and manage business, partnerships, and market penetration.
• Establishes, tracks, and oversees a broa