Deciding to Make PRIs: Introduction
Yet, because PRIs are also financial investments, they require skills not necessarily demanded by straight grantmaking. As one leading PRI investor put it, “You have to be comfortable with the numbers,” and with tasks such as financial analysis, underwriting, and financial and organizational due diligence. At an institutional level, PRIs require thinking differently about how the foundation achieves its mission. Helping trustees make the shift, and sometimes even overcoming their resistance, can be a hurdle.
Takeaways are critical, bite-sized resources either excerpted from our guides or written by GrantCraft using the guide's research data or themes post-publication. Attribution is given if the takeaway is a quotation.
This takeaway was derived from Program-Related Investing.