Program Related Investments (PRIs) are a valuable approach for Foundations seeking to supplement their grantmaking with investment dollars. Marguerite Casey Foundation’s PRIs are designed to directly advance the Foundation’s mission and are made without the intention to achieve market-rate returns.
In 2016, Marguerite Casey Foundation began crafting a strategic approach to PRIs that aligns with both our mission and our grantmaking strategy. We use PRIs to target the regions of highest need, and are committed to making community voices part of the process, helping to prioritize issues and areas for investment.
In 2017, we began putting our impact investment strategy into practice, with further investments under consideration. For example, we made a $1,000,000 investment in Self-Help Ventures Fund, supporting their belief that ownership is the best way for families to build wealth and financial security.