TrusteesCapital instruments

Mission-related investment (MRI)

Also: MRI

A market-rate investment from a foundation's endowment chosen to align with (or at least not undermine) its mission — the tool for the 'other 95%' most foundations never look at.

Your endowment's other 95%

Related terms

Program-related investment (PRI)Endowment Recoverable grant Forgivable loan Convertible grant

Educational only — not financial, tax or legal advice.