massnonprofit.org ::: Program-related investments (PRIs) are tools such as low-interest loans or equity investments that provide opportunities for foundations to go beyond grant making to allocate a greater share of their resources to support and assist nonprofits and achieve the foundation’s philanthropic goals while maintaining or growing its assets. In turn, this allows foundations to recycle their funds and leverage them for greater impact. Private foundations can count PRIs as part of their annual minimum payout.
The report from the Indiana University Lilly Family School of Philanthropy finds, sponsored by Mission Throttle, analyzes key trends in foundations’ use of program-related investing between 2000 and 2010, the latest year for which data are available.
Wednesday, June 05, 2013
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