endowments Tag

Private Foundations: New Program-Related Investments Guidance

08:00 28 June in Internal Revenue Service Issues, Nonprofit, Private Foundations

Recently, the directors and managers of private foundations read some good news in the Federal Register.  On April 25, 2016, The U.S. Treasury Department issued its long-awaited, final regulations on program-related investments, commonly known as “PRIs.” What are program-related investments? They are an important, useful, and...