Program related investment–or PRI–is a potential source of funding for both nonprofits and for-profit social enterprises. A program related investment is an investment made by a tax-exempt private foundation that furthers the foundation’s charitable purpose while providing the foundation with a potential for financial return. The popularity of the program related investment is on the rise, but there are specific requirements that must be met to qualify.
A common misconception is that 501(c)(3) tax-exempt nonprofit organizations cannot engage in legislative advocacy, or lobbying. While nonprofit lobbying laws strictly prohibit tax-exempt nonprofit organizations from supporting or contributing to a political candidate, they do not entirely prohibit them from lobbying. Read more