As a veteran investor and entrepreneur passionate about climate change and health care, Jennifer Fonstad is a key member of a small group advising American Red Cross leaders on our Climate Crisis Campaign. Jennifer believes this campaign will revolutionize the organization and how we think about sustainability, especially as we tackle the increased frequency of extreme weather events driven by climate change. She sees the Red Cross as a leading light for non-profits and for-profits as they learn to adapt to our changing environment.
Recognizing that globally, people were forced from their homes 23.7 million times by disasters in 2021, the campaign’s primary goal is to reduce the number of families that fall into poverty because of disasters. In addition, the campaign will adapt existing programs domestically and abroad and create new sustainability initiatives. Jennifer knows firsthand that innovation will be a vital part of the solution. She is particularly proud of our work to reduce our carbon footprint and our efforts to transition a portion of our transportation fleet to hybrid and electric vehicles. This $1B campaign is no small task and Jennifer encourages her fellow Tiffany Circle members with ideas and interest to join her in getting involved because, in her words, “it takes a village.”
Jennifer applies her expertise in the green investment movement to both non-profits and for-profits. “I look for opportunities that can change the world in a positive way –partnering with people and organizations that are solutions-oriented. We have a responsibility to support each other.” After seeing the international impact of the Red Cross while working overseas, Jennifer was moved to learn more. She is struck by the critical bridge we play in local communities, especially after back-to-back wildfires devastated the Bay Area. She is also impressed by our response to home fires, an important part of our work that often goes unnoticed and is deeply personal for families. Simply put, the ability to help individuals experiencing crises drives her support.
In addition to co-founding and leading an early-stage investment firm, Owl Capital, Jennifer is a lifetime member of the Council on Foreign Relations, a board member for the Mastercard Foundation, and a proud mother of four. Her success has landed her on the Forbes Midas List twice, and 'Working Mother' named her one of "The 50 Most Powerful Moms" in 2017.
Jennifer, thank you for lending your heart and talents to build the future of the American Red Cross.
