Program Related Investments (PRI)

A Program Related Investment (PRI) is a hybrid between a standard grant and a traditional investment. A PRI is a loan made to a qualifying nonprofit organization that is paid back to the Foundation over time.

The Hutton Parker Foundation PRI Advisory Board will consider requests of $50,000 to $500,000 for construction, renovation and acquisition of land or buildings as a PRI. Requests in this category are limited by the following guidelines:

  • PRI commitments are generally 1 to 7 years
  • Interest rates offered are generally at or below market rate with
    reduced fees
  • Rate of return is negotiated on a project by project basis

PRI Support: Program Related Investments range from a minimum of $50,000 to a maximum of $500,000.

Application Deadline:

  • Open, applications are received year round.

Geographic Limitations:

  • Open to Santa Barbara County based agencies only.

How to Apply:

  • For access to the PRI Application, please CLICK HERE
  • For access to an existing account or application CLICK HERE