30 Apr Episode 23 | Impact Investing
On Good News For The City, part of what we do is highlight how the Gospel is providing hope to situations that seem hopeless here in the DMV. We get a chance to speak to some awesome people doing great work. Many of them work for some wonderful charities and nonprofit organizations.
Billions of dollars nationally are donating to charity and non-profits. That’s certainly good news because they need funds for their work. On this episode, Jay Hein, Presiden and Ex-Officio at the Sagamore Institute, will share how taking charitable donations and adding an investment mentality is having an even bigger impact.
Jay Hein is the president of Sagamore Institute, a think tank he co-founded in 2004 with U.S. Senator Dan Coats. As part of his Sagamore duties, Jay also serves as managing director of an impact investing vehicle called Sagamore Renewal Fund, as director of ISOKO (an African think tank dedicated to enterprise solutions to poverty), and as a fellow at Baylor University’s Institute for the Studies of Religion.
Previously, Jay served as Deputy Assistant to President Bush and Director, White House Office of Faith-Based Initiatives. In this capacity, he advised the President and oversaw the implementation of a “determined attack on need” with staff at a dozen cabinet agencies. He formerly directed Civil Society Programs at Hudson Institute and he served as a welfare policy advisor to then-Wisconsin Governor Tommy Thompson. Jay is the author of The Quiet Revolution: An Active Faith That Transforms Lives and Communities which was commissioned by Amazon to help launch its new faith-based division. He received an undergraduate degree at Eureka College and an honorary Doctor of Laws from Indiana Wesleyan University.