event: Center for Social Philanthropy Hosts Workshop on Expanding Impact Through PRIs
Start Date: April 30, 2010
WORKSHOP SERIES IN FULLY LEVERAGED PHILANTHROPY
The Center for Social Philanthropy at Tellus Institute cordially invites you to a special one-day workshop:
Doing More with Less: How Foundations and Financial Service Firms Can Expand their Impact through Program-Related Investments (PRIs)
Co-hosted with the Center for Applied Philanthropy and Nonprofit Finance Fund
Monday, May 24th, 2010 9:30am – 5:30pm
Followed by a reception
Tellus Institute
11 Arlington Street
Boston, MA
Please join leaders from the Center for Social Philanthropy, the Center for Applied Philanthropy, and Nonprofit Finance Fund for an intensive day-long event exploring impact opportunities in the rapidly changing space of Program-Related Investment. The workshop, one of the first in a new series of Workshops in Fully Leveraged Philanthropy, will provide an unusually intimate setting for frank, substantive discussions about competing approaches to PRIs, their financial characteristics, and their social and environmental returns.
Numerous case studies of specific experiences with different types of PRIs -- from direct investments in social venture capital to financing for affordable housing to loan guarantee programs -- will be discussed in depth, and participants will leave with new insights into how PRIs can help you expand your philanthropic impact, by "doing more with less."
Participation will be limited to no more than 20 participants in order to foster deep conversations.
Themes:
Introduction to Fully Leveraged Philanthropy
Overview of the Landscape of Program-Related Investments (PRIs)
Who can utilize PRIs?
What are the main approaches?
What kinds of investments are made, in what asset classes, with what investment vehicles? How are they structured financially?
What are the programmatic impacts? Who ultimately benefits from PRIs?
Workshop Facilitators:
Jim Bildner, Managing Director, Center for Applied Philanthropy
Joshua Humphreys, Director, Center for Social Philanthropy at Tellus Institute, and Lecturer at Harvard University
Andrea McGrath, Director, Center for Applied Philanthropy
Clara Miller, President and CEO, Nonprofit Finance Fund
About the Hosts:
Center for Social Philanthropy (C-SocPhil) is a nonprofit social enterprise providing research, resources, data, and tools on philanthropic and investment strategies for pursuing long-term, sustainable social and environmental impact. C-SocPhil educates donors, foundation officers, family offices, trustees and their advisers about existing and emerging opportunities in fully leveraged philanthropy. The Center is housed at Tellus Institute, a Boston-based nonprofit research and policy organization pursuing a “Great Transition” to a future of enriched lives, human solidarity, and environmental sustainability.
The Center for Applied Philanthropy (CAP) is focused on catalyzing the increased understanding, use and adoption of 'mission investments' - structured as loans and other Program Related Investments (PRIs) - among philanthropic organizations. CAP works to help foundations, family offices, individuals, advisers, and nonprofit organizations understand, structure and implement investments that further leverage their philanthropic capital. CAP works in partnership with The Philanthropic Initiative (TPI), a nationally recognized expert in philanthropic advisory services whose services help individual donors, families, foundations, and corporations research, design, implement and evaluate their philanthropic initiatives.
Nonprofit Finance Fund (NFF) is a national leader in social sector finance, connecting money to mission success through consulting, innovation, and direct investment. Founded in 1980, NFF provides services that build the capacity and durability of nonprofits. A leading community development financial institution with over $80 million in assets, NFF has provided over $200 million in loans and access to additional financing via grants, tax credits and capital in support of over $1 billion in projects for nonprofit clients nationwide.
