Program Related Investments
Abell Foundation
This Baltimore-based foundation, in a variation on the typical loan-based PRI, sets aside about 15% of its portfolio for venture equity investments in Baltimore-based small- and medium-sized businesses that benefit the community as part of its strategy to create local jobs while promoting energy efficiency and alternative energy sources. Read more about Abell Foundation...
Americans for Community Development
Americans for Community Development is a coalition that encourages the use of program related investments through low-profit, limited liability corporations (L3C) to achieve social goals. The group's efforts helped result in a 2008 Vermont law giving legal recognition to such companies. The Vermont law specifies that companies so designated must further the accomplishment of a charitable or educational purpose, and demonstrate that the company would not have been formed but for its relationship to such purposes. Read more about Americans for Community Development...
David and Lucille Packard Foundation
The Packard Foundation was the nation's leading provider of program-related investments in both 2002 and 2003. As of January 2005, the foundation had made a total of 119 PRIs with a combined value of $375.4 million. Read more about David and Lucille Packard Foundation...
F. B. Heron Foundation
The Heron Foundation focuses on promoting five wealth creation strategies: home ownership, business development, childcare, community development, and access to capital. As of December 2003, it had disbursed $15.5 million in program-related investments. Read more about F. B. Heron Foundation...
Ford Foundation
The Ford Foundation initiated its PRI program in 1968 and continues to use program-related investments to support community development both within the United States and throughout the world. Read more about Ford Foundation...
George Gund Foundation
This Cleveland-based foundation's first PRI was made in 1984 when $333,000 was lent to support the building of a 183 unit housing development in the Hough neighborhood of Cleveland. Since then, nearly 25 separate PRI transactions have been completed. Currently, the Foundation has over $8 million invested in 13 active transactions. Read more about George Gund Foundation...
Global Impact Investing Network
The Global Impact Investing Network (GIIN) is a nonprofit organization that aims to increase the efficiency and effectiveness of impact investing to tackle social challenges and generate a profit. GIIN’s programmatic strategy focuses on three key areas: Investors’ Council is a group of leading impact investors who broadcast research and best practices. Impact Reporting and Investment Standards (IRIS) establish a common framework for measuring impact. Finally, outreach seeks to heighten standards, disseminate research, and increase transparency. Read more about Global Impact Investing Network...
John D. and Catherine T. MacArthur Foundation
The MacArthur Foundation has traditionally focused its PRI programs to provide capital for community development financial institutions. Since 1983, it has awarded approximately $350 million in program related investments. In 2003, while continuing this past support, MacArthur launched a new $50 million initiative designed to address the growing shortage of affordable rental housing by providing direct capital support to nonprofit leaders in affordable rental housing preservation. Read more about John D. and Catherine T. MacArthur Foundation...
Meyers Memorial Trust
This Oregon-based foundation has provided program-related investments since the late 1980s in a number of areas, including environmental protection, historic preservation, microenterprise, social enterprise, and affordable housing. Read more about Meyers Memorial Trust...
Mission Investors Exchange
Launched in May 2012, Mission Investors Exchange is the culmination of the integration of PRI Makers Network and More for Mission, along with more than 200 Foundations and mission investing organizations that use mission-related investing as a strategy to accomplish their philanthropic goals. The group offers a variety of tools, workshops, webinars, and a national conference for foundations interested in program related and missions related investing. Read more about Mission Investors Exchange...
PRIMakers Network
This Seattle based foundation is a coalition of foundations and social investing organizations. PRIMakers Network connects philanthropic groups, funders, and those new to program related investments through networking events, workshops, activity databases, and information sharing. Read more about PRIMakers Network...
Program Related Investments
Abell Foundation
This Baltimore-based foundation, in a variation on the typical loan-based PRI, sets aside about 15% of its portfolio for venture equity investments in Baltimore-based small- and medium-sized businesses that benefit the community as part of its strategy to create local jobs while promoting energy efficiency and alternative energy sources. Read more about Abell Foundation...
Americans for Community Development
Americans for Community Development is a coalition that encourages the use of program related investments through low-profit, limited liability corporations (L3C) to achieve social goals. The group's efforts helped result in a 2008 Vermont law giving legal recognition to such companies. The Vermont law specifies that companies so designated must further the accomplishment of a charitable or educational purpose, and demonstrate that the company would not have been formed but for its relationship to such purposes. Read more about Americans for Community Development...
David and Lucille Packard Foundation
The Packard Foundation was the nation's leading provider of program-related investments in both 2002 and 2003. As of January 2005, the foundation had made a total of 119 PRIs with a combined value of $375.4 million. Read more about David and Lucille Packard Foundation...
F. B. Heron Foundation
The Heron Foundation focuses on promoting five wealth creation strategies: home ownership, business development, childcare, community development, and access to capital. As of December 2003, it had disbursed $15.5 million in program-related investments. Read more about F. B. Heron Foundation...
Ford Foundation
The Ford Foundation initiated its PRI program in 1968 and continues to use program-related investments to support community development both within the United States and throughout the world. Read more about Ford Foundation...
George Gund Foundation
This Cleveland-based foundation's first PRI was made in 1984 when $333,000 was lent to support the building of a 183 unit housing development in the Hough neighborhood of Cleveland. Since then, nearly 25 separate PRI transactions have been completed. Currently, the Foundation has over $8 million invested in 13 active transactions. Read more about George Gund Foundation...
Global Impact Investing Network
The Global Impact Investing Network (GIIN) is a nonprofit organization that aims to increase the efficiency and effectiveness of impact investing to tackle social challenges and generate a profit. GIIN’s programmatic strategy focuses on three key areas: Investors’ Council is a group of leading impact investors who broadcast research and best practices. Impact Reporting and Investment Standards (IRIS) establish a common framework for measuring impact. Finally, outreach seeks to heighten standards, disseminate research, and increase transparency. Read more about Global Impact Investing Network...
John D. and Catherine T. MacArthur Foundation
The MacArthur Foundation has traditionally focused its PRI programs to provide capital for community development financial institutions. Since 1983, it has awarded approximately $350 million in program related investments. In 2003, while continuing this past support, MacArthur launched a new $50 million initiative designed to address the growing shortage of affordable rental housing by providing direct capital support to nonprofit leaders in affordable rental housing preservation. Read more about John D. and Catherine T. MacArthur Foundation...
Meyers Memorial Trust
This Oregon-based foundation has provided program-related investments since the late 1980s in a number of areas, including environmental protection, historic preservation, microenterprise, social enterprise, and affordable housing. Read more about Meyers Memorial Trust...
Mission Investors Exchange
Launched in May 2012, Mission Investors Exchange is the culmination of the integration of PRI Makers Network and More for Mission, along with more than 200 Foundations and mission investing organizations that use mission-related investing as a strategy to accomplish their philanthropic goals. The group offers a variety of tools, workshops, webinars, and a national conference for foundations interested in program related and missions related investing. Read more about Mission Investors Exchange...
PRIMakers Network
This Seattle based foundation is a coalition of foundations and social investing organizations. PRIMakers Network connects philanthropic groups, funders, and those new to program related investments through networking events, workshops, activity databases, and information sharing. Read more about PRIMakers Network...