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The Center for Applied Philanthropy
Helping to change the face of philanthropy by bringing new forms of capital to nonprofits and donors alike
The Center for Applied Philanthropy (CAP) is focused on increasing the 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. Our purpose is to:
- Demonstrate through on the ground experience the catalytic power of Program Related Investments (PRIs) to address critical capital needs in the short term and strengthen nonprofit recipients in the longer term
- Provide a real-time 'laboratory' for foundations, families, and individuals to partner in PRIs with the level of risk appropriate to their mission that target critical working capital needs through its Fund for Sustainability (TFS)
- Help philanthropic organizations to understand and overcome barriers to utilizing PRIs and catalyze the increased adoption of PRIs more broadly – expanding the pool of non-traditional capital working to meet the growing, unfunded programmatic needs in the nonprofit sector
- Leverage the experience and expertise of CAP and its partners to build the knowledge and capacity within foundations families, individuals, and nonprofit organizations to structure and implement PRIs
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