| Building Tools for Effective Philanthropy
January 2010 Newsletter | |
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| Greetings!
The devastation in Haiti has prompted an array of philanthropic actions directed toward immediate relief. Finding effective ways to rebuild will be an ongoing challenge. This will be top of mind as foundations gather in New Orleans in March at the Katrina@5 conference to reflect on recovery efforts five years after the storm. In the wake of the earthquake, such discussions could not be more timely.
The Foundation Center's newest edition of the PRI Directory reports growing use of PRIs among small to mid-sized foundations as well as a wide spectrum of issues that they are being used to address, from housing and education to sustainable fisheries and agriculture. The Directory captures trends from 1998 through 2007, and catalogues the activities of 415 foundations. As a benefit of membership, all PRI Makers Network members will be mailed a copy of The Directory.
Network Co-Chair Jeff Clarke reports on recent conversations among West Coast PRI makers on the Rasmuson Foundation blog and Facebook page. These exchanges will be expanded on at the PRI Makers Network conference in May, which will feature workshops on PRI fundamentals and craft, emerging areas of investment, conversations about critical issues, and tours of PRI-supported community renewal projects. Register now to be a part of this important national dialogue.
Peter Berliner Managing Director |
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| What's New at the Network |
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Expanding Philanthropy's Reach Conference Registration Now Open!
Early bird registration for our May 10 - 12, 2010 national conference in Chicago is now open. Register early to receive a lower rate! Member organizations sending more than one attendee receive a $100 discount on each additional registration. Join your colleagues to develop your PRI craft and learn about impactful program-related investments and opportunities. Program and speaker details will be announced soon. |
Welcome New Members!
We are pleased to welcome the following new members to the Network:
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This series will introduce key concepts, discuss critical questions, and provide a general overview on the steps needed to establish a PRI program. The program is designed for foundations considering making program-related investments as well as for individuals who are new to the field, and will serve as a useful preparation for more intensive, in-person training programs such as PRI Fundamentals and the PRI Institute.
Cost: Free to current Network members.
Who should attend: Trustees, foundation and program leaders, program and administrative staff, and others.
When: 9:30 - 10:30 a.m. PST on January 27, February 24, March 17, and April 28.
RSVP: sfuyuki@PhilanthropyNW.org. Please indicate which sessions you wish to attend. |
The first phase of the Weeks Field Estates affordable housing project in Fairbanks, Alaska, was completed with the support of a PRI from the Rasmuson Foundation. A total of 56 units have been completed and another 56 are planned. The project also received financing from Wells Fargo Bank and the Alaska Housing Finance Corporation.
The MetLife Foundation has invested $5 million in Capital Impact's $75 million, three-year Healthier California fund as a way to finance community health facilities. The funds will be used to increase access to health services throughout California. The Community Development Bankers Association and Promontory Interfinancial Network, L.L.C. announced they will work together to channel more than $10 billion into America's most economically distressed communities over the next five years. |
January 31 - February 2, 2010
San Diego, CA
Richard Woo, executive director of The Russell Family Foundation, will present Increasing Philanthropic Impact through Mission Related Investing (MRI) and Program-Related Investments (PRIs).
New Orleans, LA
Beyond Grants: Mobilizing Program-Related Investments for Rebuilding will report on the impact of PRIs made by local and national foundations as part of the effort to rebuild New Orleans. |
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Need help 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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