
Program-related investments
Program-related investments (PRIs) are funds that organizations like foundations provide to support social or environmental projects aligned with their mission, rather than traditional charitable giving. These investments are made with the expectation of earning a financial return while helping address issues such as education, health, or community development. PRIs often target nonprofits, social enterprises, or affordable housing initiatives, blending philanthropy with investment principles. They aim to create sustainable social impact while potentially generating modest financial returns, making them a strategic tool for advancing social good through financial support.