Each of our investments is rooted in a commitment and focus on the needs of older adults. We combine our deep expertise within the aging and health sectors, with the capital needed to kickstart or scale innovative ideas that benefit older adults.

As an impact-first organization, we seek to elevate or reinforce the value of investing in this underserved population.

We seek to partner with, and invest in, the following asset classes:
Direct Equity and Debt
Outcomes-Based Financing

Our Investment Principles

Impact First

We prioritize investments with applicability to aging populations, specifically our priority populations.

Aligned to Our Strategic Priorities

All investments must demonstrate alignment to our strategic priorities.

Financially Sustainable

We prioritize investments that can meet our impact portfolio’s financial performance targets without sacrificing social impact.

Meet the Impact Investing Team

VP, Innovation and Investments

Anika Heavener

Anika S. Heavener is Vice President of Innovation and Investments at The SCAN Foundation. Throughout her career, Anika has developed extensive experience in both investment and operating roles. Her investment expertise began…


Director, Impact Investments

Brendan Ahern

Brendan Ahern recently joined TSF as Director of Impact Investments. He’s based in Washington, DC and brings nearly 15 years’ experience in impact investing, investment banking, and consulting across the US and emerging markets.



Early-Stage Workforce Venture Fund Announces $15mm First Close

The SCAN Foundation announces its funding of JFFVentures; the firm’s second fund will back tech startups connecting workers with opportunities to build a stronger, more inclusive workforce

JFFVentures, an impact fund strategically aligned with the nonprofit Jobs for the Future (JFF), announced the first close of its second fund today. With a target of $50 million, JFFVentures Fund II will back founders with lived experiences who are building innovative HR, education, and workforce solutions that enable economic mobility for workers in middle to low-wage jobs.


“The SCAN Foundation is proud to participate in the first close of the JFFVentures Fund II, reflecting our unwavering commitment to fostering a world where all older adults can age at home with purpose. Employment not only provides older adults with a sense of purpose and community, but also enhances their financial resilience.

The establishment of this fund is pivotal in driving innovation aimed at creating a more diverse and inclusive workforce that will benefit older adults and enrich the labor market as a whole.”

Sarita A. Mohanty, MD, MBA

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