The Foundation Center has just released a new report on the increasing use of mission-related investing by foundations. Key Facts on Mission Investing documents how foundations are trying to achieve social benefits through market-rate and below-market-rate investments known as mission-related investments (MRIs) and program-related investments (PRIs), respectively.
While grants and PRIs generally count toward foundations' charitable distribution requirements, MRIs do not, so they can represent a way for foundations to leverage their endowment investments to further social goals over and above their charitable distributions.
To learn more, read the Foundation Center press release on the new report and download the report iteslf, Key Facts on Mission Investing (4 pages, PDF)
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