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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“Building Institutions for Social Change: The Case for Buy-and-Hold Philanthropy,” Keynote Speech by Jonathan Fanton at the PRI Makers Network Conference

MacArthur President Jonathan Fanton relays his passion for program-related investments and urges other foundations to join MacArthur in that area. Read More

Preserving Affordable Rental Housing Across the Country

MacArthur will invest $150 million to preserve and improve at least 300,000 units of affordable rental housing across the country, tripling a commitment announced four years ago. Read More

Awards for State and Local Housing Preservation Leaders

MacArthur provided $35 million in new funding for innovative public sector initiatives to preserve and improve the existing stock of privately owned affordable rental homes Read More

ENewsletter: Unlocking Capital: PRIs Extend Philanthropy’s Reach

Contents Unlocking Capital: PRIs Extend Philanthropy's Reach A Strategic Focus Getting Results For More Information   Unlocking Capital: PRIs Extend Philanthropy’s Reach Representatives of 150 foundations are gathering this month at Stanford University to share ... Read More

Self-Help Receives $5 Million

The funding, consisting of a $2 million grant and the conversion of a $3 million low-interest loan to a grant, is designed to assist Self-Help in expanding their development financing work in several program areas. Read More
  • 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