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A program-related investment is an arrangement by a foundation that meets the following qualifications:
- Whose core purpose is to achieve one or more of a foundation's exempt purposes
- That does not consider taking part in a political campaign on behalf of a candidate or influencing legislation a purpose;
- Does not consider the appreciation of property or production of income as a significant objective
Here are some examples of program-related investments
Featured Resource
Loan to Small Enterprise in Deteriorated Urban Area 
The ACME Manufacturing Co. is a small business operating in a under-served urban community. It is owned by a group of African American and Latino men and women. The company has approached a number...more
The ACME Manufacturing Co. is a small business operating in a under-served urban community. It is owned by a group of African American and Latino men and women. The company has approached a number...more
Extension of Loan Terms on an Existing Program Related Investment 
The ACME Manufacturing Co. is a small business operating in a under-served urban community. It is owned by a group of African American and Latino men and women. The company has approached a number...more
The ACME Manufacturing Co. is a small business operating in a under-served urban community. It is owned by a group of African American and Latino men and women. The company has approached a number...more
Equity Investment in Small Business 
X is a small business enterprise located in a deteriorated urban area and owned by members of an economically disadvantaged minority group. Conventional sources of funds are unwilling to provide...more
X is a small business enterprise located in a deteriorated urban area and owned by members of an economically disadvantaged minority group. Conventional sources of funds are unwilling to provide...more
Below Market Interest Loan to Un-Disadvantaged Business Owners 
X is a business enterprise which is not owned by low-income persons or minority group members, but the continued operation of X is important to the economic well-being of a deteriorated urban area
X is a business enterprise which is not owned by low-income persons or minority group members, but the continued operation of X is important to the economic well-being of a deteriorated urban area