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What is a program-related investment (PRI) and how does it work? Why would a foundation make an investment instead of a grant? This video explains how the Ford Foundation uses PRIs to advance equality. Program-related investments (PRIs) are one essential tool we use: They make capital available to businesses and nonprofits working toward social or environmental progress, with conditions that are more beneficial to them than they might receive from other investors. Unlike grants, PRIs are repaid—and then we turn around and invest that money into another organization. In this video we outline how Ford uses PRIs to support job creation and products and services that benefit low-wage earners. We prioritize investing in experienced impact investment fund managers, led by women and people of color, to achieve attractive social and financial returns and support qualifying charitable activities. We also invest our capital strategically to encourage other private investors to consider markets and opportunities they might normally overlook in the United States and across the Global South. Learn more about our work with PRIs at https://www.fordfoundation.org/work/o.... To learn more about inclusive media, please visit https://rootedinrights.org/accessthat/ _______ Subscribe! https://www.youtube.com/subscription_... Follow Ford Foundation on social media! Facebook: / fordfound Twitter: / fordfoundation Instagram: / fordfoundation LinkedIn: / ford-foundation