Program-Related Investments
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PROGRAM ON HUMAN AND COMMUNITY DEVELOPMENT
Grants Authorized 2005
In addition to its grantmaking, the Foundation makes program-related investments (PRIs), which are low-cost loans and equity investments provided at below-market rates to support charitable activity. PRIs extend the reach of traditional philanthropy by helping recipients attract additional capital from public and private financing sources.
Since 1986 the Foundation has awarded more than $200 million in PRIs to more than 100 nonprofit and for-profit organizations in the U.S. and abroad. Today MacArthur PRIs primarily support:
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Community Development Financial Institutions that provide financial services and products to underserved, economically disadvantaged, or distressed people and communities, and
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Window of Opportunity, a $75 million initiative to help preserve affordable rental housing across the country.
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Global Kids helps young people of diverse backgrounds develop the knowledge, skills, and experience they need to succeed in the workplace and to participate in the shaping of public policy. A new program engages more than 400 youngsters in online discussions and written essays about how they use digital media in their everyday lives.
Progam-Related Investments>>
PRI Team>>
Window of Opportunity Brochure>>
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