Prior to joining the GIIN, Luther served as Vice President for Investments at New York-based F.B. Heron Foundation from 1999 to 2011. Mr. Ragin oversaw the F.B. Heron Foundation’s endowment, building a portfolio of more than $260 million, steadily increasing the impact investing allocation to more than 40 percent while maintaining competitive, risk-adjusted financial returns. Prior to joining the Foundation in 1999, Luther was the Chief Financial Officer of the National Community Capital Association, a trade association of community development financial institutions that provide access to capital in low-income communities.