Program-Related Investments

By providing flexible loans and other financial instruments, known as program-related investments, the Foundation helps nonprofit and social enterprises grow and leverage capital to meet the needs of underserved people and communities. Read our strategy

What's New

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Report Details Global Impact Investing in 2014 thumbnail

Report Details Global Impact Investing in 2014

A report by the Impact Investing Policy Collaborative showcases the use of public policy tools to expand the reach of impact investing across a range of developed and developing countries and regions. Read More
Housing Partnership Equity Trust Preserves Multifamily Building in Downtown Chicago thumbnail

Housing Partnership Equity Trust Preserves Multifamily Building in Downtown Chicago

The Housing Partnership Equity Trust (HPET) has purchased Damen Court Apartments in downtown Chicago in collaboration with the Hispanic Housing Development Corporation, and will renovate the property and preserve it as affordable housing. Read More
New Company to Bring Energy Savings To Underserved Markets thumbnail

New Company to Bring Energy Savings To Underserved Markets

With $6.5 million in capital commitments, including a $5 million impact investment from MacArthur, the Vermont Energy Investment Corporation has launched Commons Energy L3C, a new subsidiary to help underserved markets reduce their energy and ... Read More
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Investing for Social Impact

Program-Related Investments Director Debra Schwartz talks about the MacArthur Foundation’s history of impact investing and the role foundations can play in investing for social impact at a recent BMW Foundation event. Read More
Financing Impact by Design thumbnail

Financing Impact by Design

Program-Related Investments Director Debra Schwartz talks about how to design impact investments by first focusing on the problem an investor or Foundation is trying to address at a recent University of Oxford event. Read More

Congrats @FCLFOrg @NJCLF @RCACOrg -- the 2014 @WellsFargo NEXT Opportunity Awardees: http://t.co/cAUZPp8JHI

  • Mission Investors Exchange

    A place where philanthropic leaders and innovators share ideas, tools, and experiences in order to increase the impact of their capital.

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  • Strength Matters Initiative

    A MacArthur-supported network of nonprofit affordable housing owners and developers supporting the growth, sustainability, and impact of the industry

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  • CARS: the CDFI Assessment and Ratings System

    CARS, a MacArthur grantee, provides comprehensive, third-party assessments of community development financial institutions' impact and financial performance.

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Staff

Portrait of Valerie Chang

Valerie Chang

Interim Managing Director, U.S. Programs
Portrait of Debra Schwartz

Debra Schwartz

Director, Program-Related Investments
Portrait of Allison Clark

Allison Clark

Associate Director of Impact Investing
Portrait of Urmi Sengupta

Urmi Sengupta

Program Officer, Impact Investing

Marion Goldfinger

Program Assistant
Portrait of Beth Gutelius

Beth Gutelius

Research Assistant
Portrait of Louise Powell

Louise Powell

Staff Assistant