PRI/MRI Financing


We provide guidance on the use of program-related investments (PRI) and mission-related investments (MRI), two alternative vehicles that have gained attention in recent years as a means for non-profits to support and finance causes, including social enterprise. We know the special tax rules governing PRIs and MRIs, how they align with annual qualified distribution requirements, avoiding excess business holdings tax and the limitations that the IRS places on the activities that are eligible for these financing vehicles. Some states have special disclosure requirements for recordkeeping and disclosure, and we guide you through all aspects of compliance.