What Are PRIs and How Can They Benefit Your Nonprofit?
Frustrated about relying on grants to fund your mission? PRIs, or Program Related Investments, are a new type of investment tool used to fund nonprofit and foundation projects. Unlike grants, PRIs utilize loans, equity investments and guaranties in mission-related investments that may or may not have a financial return. Another benefit of using PRI’s is the tax deduction that helps foundations carry out their missions with ease.
In this week’s Whiteboard Friday, host Dan Graham explains PRI’s and how they can be used to further your mission. Watch now and learn what PRI’s can do for your organization.