Program-Related Investment Archives - Gates Family Foundation

News: Program-Related Investment

Program-related investments (PRIs) are impact-first investments that generally are structured to achieve below-market rate returns.



$500,000 | Awarded: 2019

To support the Small Business Impact Fund with an unsecured loan for two years at 2 percent interest. This investment was made alongside an


Colorado Charter Facility Solutions

$5,000,000 | Awarded: 2017

A program-related investment to help capitalize Colorado Charter Facility Solutions, which provides and facilitates affordable facility solutions that increase the number of high quality


AXL Academy

$250,000 | Awarded: 2014

A loan guarantee toward renovation of their expanded facilites to accommodate more students


Regional Transit-Oriented Development Fund

$1,250,000 | Awarded: 2015

Gates Family Foundation participates in the Regional Transit-Oriented Development Fund (TOD Fund) as a high-leverage opportunity to impact land use, transportation, and smart growth


Greenline Ventures LLC

$1,000,000 | Awarded: 2018

A loan to capitalize the Small Business Capital Fund, which provides loans ranging from $250,000 to $2 million to financially underserved businesses. Roughly half


Impact Development Fund — iCAST

$200,000 | Awarded: 2011

To establish a loan fund to assist nonprofit and community organizations with energy efficiency and renewable retrofit investments


Impact Development Fund — iCAST

$200,000 | Awarded: 2012

A second commitment of a $200,000 loan for the iCAST Energy Efficiency and Renewable Energy Revolving Loan Fund (also known as ResourceSmart for Nonprofits)