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If you have any questions about the PRI Makers Network website or your username/password, please contact Shiho Fuyuki. | |
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Job Opportunities
The Ford Foundation
The F.B. Heron Foundation
The F.B. Heron Foundation
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What's New at the Network
Reserve Your Seat for the PRI Institute in St. Paul
We are two weeks away from our Institute, and we have space for only a few more participants in this rich, educational program conducted by leading experts in program-related investing. The Institute is an intensive training for foundation staff and trustees who are engaged in or planning to use PRIs to achieve philanthropic goals. Many thanks to the Northwest Area Foundation for hosting the institute. REGISTER NOW! Calling All Community Foundations! The Network is developing new programs for community foundations. If you have not done so already, please complete our Community Foundation Interest Survey to suggest how we can support your use of PRIs. |
Welcome New Members!
Please join us in welcoming the following new members to the Network this month:
Turnip Top Foundation (Santa Monica, CA)
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Resources
Find PRI Resources Quickly on the Network's Website
Need sample PRI documents? Have a question for other PRI makers? Considering making PRIs to CDFIs? Looking for co-investment opportunities? Our New Member Toolkit can help you with these questions and more by connecting you with the resources you need on the PRI Maker's Network website. Check it out and bookmark the page for future use!
Free Legal Services Available
The Thomas Reuters Foundation has launched TrustLaw to improve nonprofit organizations' access to free legal assistance and make it simpler for lawyers to engage in high-impact pro bono work. The program operates in 140 countries, making legal services available to nonprofits, foundations and social entrepreneurs. |
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PRIs in the News
The California Endowment Releases $5 Million PRI
Through November 19, The California Endowment is accepting requests for investment from nonprofit organizations whose activities contribute to the foundation's ten-year Building Healthy Communities plan. The Endowment will commit up to $5 million in total PRIs for the program by March 31, 2011.
Wachovia Wells Fargo NEXT Awards for Opportunity Finance Awards Two Outstanding CDFIs $8.25 Million
Boston Community Capital and Enterprise Cascadia were recognized for their excellence among financial institutions that responsibly serve low-income and low-wealth people and communities and were established to spotlight how CDFIs increasingly benefit our nation's economy. The Wachovia Wells Fargo NEXT Awards for Opportunity Finance is run by and funded through Opportunity Finance Network by The Wachovia Wells Fargo Foundation and the John D. and Catherine T. MacArthur Foundation.
Investors for Sustainable Communities to Coordinate $150 Million for Economic Development
Investors for Sustainable Communities is advancing transit-oriented development that includes affordable housing, neighborhood-based jobs, expanded transportation alternatives and community engagement. The investments will be aligned with federal grants such as the U.S. Department of Housing and Urban Development's (HUD) Sustainable Communities Planning Grant Program. Investors for Sustainable Communities is sponsored by Living Cities, a collaborative of 22 foundations and financial institutions working to invigorate local economies and sustainable development.
New PRIs to NCB Capital Impact for Community Programs and Health Services
The Rasmuson Foundation has made a $750,000 investment in NCB Capital Impact to increase access to flexible capital financing and catalyze additional investments in Alaska nonprofits. NCB Capital Impact also received a $3 million, three-year PRI from the Colorado Health Foundation for low-interest loans to health care organizations that are cash-strapped due to Colorado's budget crunch. NCB Capital Impact is a national, nonprofit community development organization.
Seattle Investors Back $20 Million Social Impact Fund Global Partnership has raised $20 million that will provide loan capital to up to 20 microfinance institutions in Latin America over the next five years. Investors include foundation and corporate investors, Seattle University, faith-based organizations, and 23 accredited individual investors. The fund will generate both financial and social returns. |
Join us for a lunch with Jonathan Rose to discuss how to support smart growth, green building, and affordable housing through mission-related real estate investments.
Expanding the Philanthropic Toolbox with PRIs.
First Friday lunch on PRIs featuring Caryn Sachs of the Erich & Hannah Sachs Foundation and Susan Phinney Silver of the Packard Foundation.
November 10 - 12, Washington, DC
On the Road to Investing with CDFIs December 8, 10:00 a.m.PT/1:00 p.m. ET, Webinar
A training webinar about effective CDFI investing and use of the CDFI Assessment and Rating System (CARS™). Registration will be available in November. |
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