Editor’s Note: I recently began researching PRIs, or Program Related Investments, to gain an understanding of how they create leverage and whether it makes sense for our foundation in some cases to provide low-interest loans instead of grants to our nonprofit partners. The attached, provided to me by the helpful people at Ohio Grant makers Forum, gives a good overview of the features and benefits of using PRIs.
http://www.brodyweiser.com/pdf/shouldweconsider.pdf