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Tag Archives: irs

IRS Gets Behind PRIs With New Regulations

With a PRI, a foundation lends to or invests its endowment assets in a nonprofit or for-profit entity in a way that furthers its mission. At the same time, the investment has the potential of providing a positive financial return to the foundation.

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Impact Investing Gets IRS Boost

Impact investing allows philanthropists to make more progress toward their charitable missions by using the engine of their philanthropically committed capital, rather than only the fumes. The IRS has just made that easier.

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