What does “PRI (Program-Related Investment)” mean in grants?
A foundation deploying money as a loan, guarantee or equity investment instead of a grant, at below-market return, in service of its mission. Counts toward its distribution requirement, and it is one of the few routes foundation money reaches a for-profit company.
Go further
The full guide: Foundation money and for-profit companies.
Look up any other term in the grant glossary.
Find grants you qualify for.
Quillify searches open grants and drafts the proposal from your own documents. Browsing is free.