Program Related Investment

PackardFoundation

 

Like a grant, a PRI supports the Foundation’s charitable and programmatic goals. Unlike a grant, a PRI is a loan (or sometimes an equity investment or a guarantee) for which the Foundation is reasonably confident of repayment of its full principal amount with some limited returns. In other words, the goal of the PRI is full return of its investment, with limited return on its investment, so that the pool of PRI capital remains intact for re-lending to support the Foundation’s charitable and programmatic goals into the future.

 

 

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