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Building Tools for Effective Philanthropy
 
October 2009 Newsletter
Greetings!
 
Making the right investment is both an art and a science. Every deal is different and there are not always clear guidelines to follow. As a result, questions frequently surface for both new and experienced investors. We are pleased to see continuing use of our e-networking listserv among PRI Makers members. You can use it to put questions out to the Network as a whole or to individuals within the Network. The Q and A's are preserved on our archive for future reference. Keep the questions coming!
 
Peter Berliner, Managing Director

Resources for PRI Makers  
  • FSG Social Impact Advisors compiled a list of mission investment intermediaries that address economic development, affordable housing, and the environment in the US, to help foundations understand potential investment opportunities. The full report and analysis is available online.
     
  • Blueprint R&D Inc and GPS Capital Partners have published a new report entitled Equity Advancing Equity, a report on how community foundations are deploying social investments to increase their impact. The paper is part of the Futures Project and is supported by the Charles Stewart Mott Foundation and the Ford Foundation.
Members in the News:
PRI Makers members presented at the Philanthropy Northwest 2009 Annual Conference Session: Lean Times, Big Impact: PRIs for CEO & Trustees. For more photos and recaps from the Philanthropy Northwest conference, check out the Philanthropy Northwest Blog!
 
PRI Panel
(Jeff Clarke, Rasmuson Foundation, Jo Ann Eder, The O.P. & W.E. Edwards Foundation, Inc., Peter Berliner, PRI Makers Network, Julia Novy-Hildesley, The Lemelson Foundation, Doug Stamm, Meyer Memorial Trust)

The The Bill & Melinda Gates Foundation has set aside $400 million for program-related investments, a new strategy in maximizing impact while facing budget cuts. The current focus is on areas such as charter school expansion, agricultural financing for small farmers in Africa, and investment in global health technologies. (The Seattle Times, September, 2009) 

The Community Foundation for Palm Beach and Martin Counties announced a $4 million low-interest loan to the Florida Community Loan Fund (FCLF), a nonprofit statewide lending institution. The Community Foundation utilized a grant from the John D. and Catherine T. MacArthur Foundation to fund its loan to FCLF, which will invest in affordable housing projects in Palm Beach and Martin Counties.

Thrivent Financial for Lutherans Foundation and the Lutheran Community Foundation made $2.25 million in charitable loans to the Lutheran Social Service of Minnesota for capacity building. The three Lutheran organizations are working together to help those faced with reduced income, debt, and home foreclosure. 

What's New at the Network:
Upcoming Events and Opportunities to Connect
 
October 27 - 30, 2009
Charlotte, NC
 
November 4 - 6, 2009
Minneapolis, MN
 
PRI Makers managing director will present at the session: Accessing Capital: A Look at Program-Related Investments and the L3C Structure, on November 6.

Minnesota Council of Non-Profits and Minnesota Council on Foundation 2009 Joint Annual Conference 
November 5 - 6, 2009
St. Paul, MN
 
Kathleen Fluegel, HRK Foundation, Karla Miller, Northwest Area Foundation, and Kate Barr, Nonprofits Assistance Fund will present at the session: Leveraging Your Resources: PRIs and Mission-Related Investing.

 
2009 Community Investing Conference
Hosted by Forward Community Investments
November 19, 2009
Madison, WI
 
PRI Makers managing director and steering committee members, Christa Velasquez, Annie E. Casey Foundation and Kathryn Dunn, Helen Bader Foundation will present at the conference.
 
Save the Date for the 2010 PRI Makers Network Conference!
May 10 - 12, 2010chicago 
Chicago, Illinois

 
If you have ideas or suggestions for the conference, please email Conference Coordinator Ellen Stearns.
 
 
Contact Information
In This Issue
Resources for PRI Makers
Members in the News
Upcoming Events
Save the Date!
 
 
 
Having trouble logging on to the
PRI Makers Network website? If you need a username and password reminder, contact Administrative Assistant, Shiho Fuyuki.
 
 
 
 
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