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The following publications and articles related to program-related investments may be useful to you as you develop or maintain your PRI program. The PRI Directory: Charitable Loans and Other Program-Related Investing by Foundations The Foundation Center. August 2003, 207 pp. 2nd Edition. This directory lists leading PRI providers and includes tips on how to seek out and manage PRIs. Foundation listings include funder name and state; recipient name, city, and state (or country); and a description of the project funded. There are several helpful indexes to guide PRI seekers to records by foundation/recipient location, subject/type ...
Consider the following examples: A family in New Jersey is moving into a newly renovated, previously foreclosed home.The home is affordable because the nonprofit organization Housing and Neighborhood Development Services Inc., received timely access to a low-cost loan. That loan enabledit to buy 47 distressed mortgages from JP Morgan Chase from the Washington Mutual portfolio, renovate and sell them for a profit. The capital for the purchase of the loans came from Prudential’s Social Investment Fund. A four-year-old child in Clark County, Nevada, will be ready for kindergarten thanks to ... Read More
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