Program-Related Investments: An Overview

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Categories: Supporting Your Foundation

Search Topics: Advanced Grantmaking Foundation Investments

When we think of a private foundation supporting a charitable cause, most of us think in terms of grants—money given away with no expectation of it ever coming back. But loans, loan guarantees, and even equity investments can be made by foundations specifically to support a charitable purpose. These financial vehicles, called Program-Related Investments (PRIs), offer foundations an alternative beyond traditional grantmaking.

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