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5 June 2018

Womble Whiteboard Ep. 4: The Two Slide Explanation PRI & MRI (Video)

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Womble Bond Dickinson

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Womble Bond Dickinson Director of Impact Strategies Mark Newberg offers a simple explanation in just two slides.
United States Corporate/Commercial Law
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What's the difference between program-related investments and mission-related investments? Womble Bond Dickinson Director of Impact Strategies Mark Newberg offers a simple explanation in just two slides.

  • PRIs are permissions within the charitable, or program, side of the foundation. PRIs allow foundations to make profitable investments, as long as it meets the charitable purpose of the foundation.
  • MRIs are permissions within the corpus, or endowment, side of the Foundation. They cannot jeopardize the health of the foundation. However, non-financial factors ("mission alignment") can be considered.

Click here to watch Ep. 4 of the Womble Whiteboard series with Mark Newberg. And click here to learn how Womble Bond Dickinson serves the Impact Economy.

This is the fourth in a series of Womble Whiteboard videos. Stay tuned for future installments.

The content of this article is intended to provide a general guide to the subject matter. Specialist advice should be sought about your specific circumstances.

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