| Job Opportunities | | PRI Associate, The David & Lucile Packard Foundation |
|
|
Greetings!
Collaborative approaches can be a solution for foundations seeking to make a regional impact through the use of PRIs. They can also be a means for smaller foundations to leverage their funds by partnering with regional and national foundations and government. Home Funders is one such partnership that is producing impressive results in the form of new housing for low-income families. Highlighted in this month's Impact Investing for Community Foundations webinar, Home Funders pools PRIs to make capital available to developers as acquisition, predevelopment, bridge and permanent loans. Participating foundations include Network members The Boston Foundation, The Annie E. Casey Foundation, The F.B. Heron Foundation and The Hyams Foundation.
Peter Berliner
Managing Director |
 In the News | |
California Endowment Awards $2 Million PRI to Mercy Housing
The Endowment's ten-year, $2 million PRI to Mercy Housing California creates a predeveloment fund to support affordable housing development activities throughout the state.
The Boston Foundation awarded a $250,000 grant to provide general operating support for Social Finance's efforts to introduce Social Impact Bonds to the U.S.
Tony Berkley is the new director of Mission-Driven Investments at the W.K. Kellogg Foundation. |
|
Upcoming Network Events |
Our new four-part webinar series for community foundations began in June, and there's still time to catch the remaining two sessions on August 10 and September 7. Register today! The webinars are available to members as a no-cost member benefit; non-members pay a modest fee.
PRI Institute
November 9 - 11 The Robert Wood Johnson Foundation Princeton, NJ Registration is now open for the next PRI Institute, an intensive training designed for foundation staff and trustees who are interested in developing or refining their PRI program. Space is limited to 30 participants - register now! Save the Date: 2012 PRI Makers Network National Conference May 8 - 10, 2012 Seattle Waterfront Marriott Hotel Mark your calendars to join us in Seattle for our 2012 National Conference. |
|
New at the Network | |
Welcome New Steering Committee Members!
 
Please join us in welcoming two new steering committee members: Lisa Hiller, vice president of administration of the Helen Bader Foundation, Inc (upper right). and Sandra Mikush, deputy  director of the Mary Reynolds Babcock Foundation (upper left). We are also excited to have Christine Looney, senior program investment officer of The Ford Foundation as a new co-chair.
Welcome New Members!
Please join us in welcoming the following new foundation members:
Romanian-American Foundation is a public charity that provides funding via social investments throughout Romania in the areas of education, entrepreneurship and community development.
The Skillman Foundation is a private foundation focused on developing good schools and neighborhoods in Detroit.
The Vermont Community Foundation helps build philanthropic resources to sustain healthy and vital Vermont communities.
Take the Membership Survey
If you have not done so already, please take the PRI Makers Network 2011 member survey today! Your input is valuable to the Network in building a strong, effective peer-to-peer network of social investors. In order to provide our members with programming and services that are most relevant to your needs, we would greatly appreciate your responses. The survey contains six questions, and should only take about three minutes to complete. |
|
Article of Interest |
Southern Bancorp: Revitalizing the Rural South
Southern Bancorp, one of the largest CDFIs in the U.S., was founded in 1986 by the Winthrop Rockefeller Foundation and other partners. This report explores the 25-year partnership between Southern and the Foundation, the evolution of their innovative rural community development model and their impact on Arkansas and Mississippi. |
|
Resources |
Podcast with Packard's Susan Phinney Silver
Susan Phinney Silver, PRI Officer of The David & Lucile Packard Foundation and a PRI Makers Network steering comittee member, shares an overview of PRIs and the Foundation's approach to them in an interview with the Consortium of Foundation Libraries, an affinity group of the Council on Foundations.
CARS Releases Rating for Self-Help
CARS™ provides comprehensive, third-party assesments of leading CDFIs that can assist you in your investment due dilligence and decision-making. They released rating opinions on 33 CDFI loan funds during the first six months of 2011. Network members receive a special offer with CARS™. |
|
Event of Interest |
|
|
|
|
|
