Philanthropy is full of acronyms. LOI. DAF. MOU - the list goes on. What about PRIs (Program Related Investments)? You’ve likely heard this acronym used before and generally understand that they are a part of a foundation’s grantmaking strategy.
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It's one thing to respond to an emergency, such as a natural disaster, like a hurricane. It's another thing entirely to respond to a pandemic that completely alters your typical grantmaking process. How do you react to not only support your mission, but also your staff and board? Vancouver Foundation has stepped up to the plate, and up to the challenge, in no small part to their willingness to collaborate on responsive grantmaking.
