Broad, functional definition: A method of providing support to an organization, consistent with program goals involving the potential return of capital within an established time frame. In the context [..]

Program-related investments (PRIs) are a type of impact investment, associated primarily with foundations, that support philanthropic efforts and are intended to result in the return of principal under the terms of the investment. PRIs include loans, loan guarantees, linked deposits, and equity investments in nonprofits or social enterprises. PRIs [..]

A loan or other investment made by a private foundation to another organization for a project related to the foundation's stated purpose and interests.

Investments made by foundations to support charitable activities that involve the potential return of capital within an established time frame. PRIs include financing methods commonly associated with banks or other private investors, such as loans, loan guarantees, linked deposits, and even equity investments in charitable organizations or in comme [..]