Since our founding in 1924, we've cut cardiovascular disease deaths in half, but there is still so much more to do. To overcome today’s biggest health challenges and accelerate this progress, we need passionate individuals like you. Join our movement, be part of the progress, and help ensure a healthier future for all. You matter, and so does the impact you can make with us.

Position Summary:

The American Heart Association has an excellent opportunity for a Principal, Social Impact Funds.

This position can be home-based.

This is a full-time, benefits-eligible, grant-funded opportunity. Current funding will expire on 3/1/2027, with the possibility of extension.

The American Heart Association's Social Impact Funds deploy mission-driven capital to improve health outcomes and advance healthcare. Working across the social drivers of health, the Fund focuses on three core areas: healthcare access and quality, food security, and economic empowerment.

Through grants, loans, equity investments, and other innovative financing approaches, the Social Impact Funds support organizations developing scalable solutions that improve lives and strengthen communities. The Fund partners with entrepreneurs, nonprofit organizations, investors, foundations, healthcare stakeholders, and public sector organizations to accelerate impact and create sustainable change.

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 more than a company culture; it is our way of life. It embodies our commitment to work-life harmonization and is guided by our core values where our employees can thrive both personally and professionally. Discover why you will Be Seen. Be Heard. Be Valued at the American Heart Association by following us on LinkedIn, Instagram, Facebook, X, and at heart.jobs.

The Principal 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 Social Impact Fund's mission of improving health outcomes through innovative capital deployment.

The ideal candidate is intellectually curious, relationship-oriented, and comfortable working across sectors. They enjoy building partnerships, evaluating investment opportunities, and developing creative solutions that align financial performance with measurable social impact.

Key Responsibilities:

Investment Sourcing & Origination

• Identify and cultivate investment opportunities aligned with the Fund's investment 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 that 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 Creatio.
• Manage relationships with portfolio organizations and external partners.
• Monitor financial and impact performance against established objectives.
• Support portfolio companies and organizations 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.
• Help 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.

• 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 stay.

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.

Salary minimum to the midpoint of the range is $86,900.00 to $115,000.00. Pay is commensurate with experience; geographic differentials may apply to the pay range.

The American Heart Association invests in its people. Here are the main components of our total rewards package.  Visit Rewards & Benefits to see more details.

• Compensation – Our goal is to ensure you have a competitive base salary.  That’s why we regularly review the market value of jobs and make adjustments, as needed.
  
  
• Performance and Recognition – You are rewarded for achieving success through annual salary planning and incentive programs; eligibility for an incentive program is based on the type of position.
  
  
• Benefits – We offer a wide array of benefits including medical, dental, vision, disability, and life insurance, along with a robust retirement program that includes an employer match and automatic contribution.  As a mark of our commitment to employee well-being, we also offer an employee assistance program, employee wellness program and telemedicine, and medical consultation.
  
  
• Professional Development – You can join one of our many Employee Resource Groups (ERG) or be a mentor/mentee in our professional mentoring program.  Heart U is the Association’s national online university, with more than 100,000 resources designed to meet your needs and busy schedule.
  
  
• Work-Life Harmonization – The Association offers Paid Time Off (PTO) at a minimum of 16 days per year for new employees.  The number of days will increase based on seniority level.  You will also have a total of 12 paid holidays off each year, which includes several days off at the end of the year.
  
  
• Tuition Assistance - We support the career development of all employees.  This program provides financial assistance to employees who wish to further their education and career in relation to their current duties and responsibilities, or for potential future positions in the organization.

The American Heart Association’s 2028 Goal: Building on over 100 years of trusted leadership in cardiovascular and brain health, by 2028 the Association will drive breakthroughs and implement proven solutions in science, policy, and care for healthier people and communities. The greatest discoveries in health must reach everyone where they are.

At American Heart Association | American Stroke Association, our mission is to be a relentless force for a world of longer, healthier lives, regardless of race, ethnicity, gender, gender identity, religion, age, language, sexual orientation, national origin and physical or cognitive abilities.

This position not a match with your skills?  Click here to see other opportunities.

In accordance with local and state laws where applicable, qualified applicants with arrest or conviction records will be considered for employment.

EOE/Protected Veterans/Persons with Disabilities