Tuesday, April 15, 2014
Surdna Foundation launched $18 million Program Related Investment (PRI) revolving fund to support its mission of fostering just and sustainable communities in the United States.
First two investments: to expand regional food hubs; provide upfront capital to contractors owned by women and people of color.
The Surdna Foundation’s Board of Trustees has approved the creation of an $18 million Program Related Investment (PRI) revolving fund to support its mission of fostering just and sustainable communities in the United States by using its capital to create economic and social value. The foundation also announced an investment from the Fund to support the growth of regional, sustainable, and just food systems….