Winthrop Rockefeller Foundation: Program and Mission Related Investments

_NOTE: When you first set up an account, you’ll be asked to share a brief summary of your idea. Proposed ideas must have a direct impact within the state of Arkansas and align with AR Equity 2025. Before submitting an idea, we recommend you learn more about our priorities and approach._

How We Work

We work with multiple sectors —public, private, and nonprofit—to support the leadership, policies, movements and cultural changes that are required to achieve widespread equity and prosperity in Arkansas.

We use our tools and resources in grantmaking and capacity building, strategic communications, strategic partnerships, convenings, and program- and mission- related investments.

Program and Mission Related Investments

From GrantCrafts’ Program-related Investing: Skills and Strategies for New PRI Funders: Program Related Investments (PRI) are investments made by foundations in support of charitable purposes, with the explicit understanding that those investments will earn below market returns, adjusted for risk and mission. Although a PRI is not a grant, it counts toward a foundation’s payout requirement in the year a disbursement is made.

Funding Objective

Program-Related Investments are below-market investments that generate both social and economic returns and are in support of charitable purposes. Mission-related investments serve as a flexible tool for the Foundation to address crucial problems in communities on a much larger scale than grants alone.

Eligibility

_You can learn more about this opportunity by visiting the funder's website._

• WRF grants and program-related investments are limited to initiatives that directly or significantly impact the state of Arkansas, and are primarily provided to organizations located in Arkansas.
  • If your initiative is not led by a nonprofit, government agency, school, college, or university, WRF will require a fiscal sponsor.
  • A fiscal sponsor acts as a guardian of grant funds, retains discretion and control over the use of grant funds, and ensures that the funds are used for 501(c)(3) purposes.
  • The fiscal sponsor and organization’s missions should be in alignment.
• WRF requires organizations to adhere to lobbying limits established by the federal government for organizations with a 501(c)(3) designation.
  • Please refer to the information provided at Bolder Advocacy for a detailed description of regulations and requirements for nonprofits engaged in public policy and advocacy strategies for change

Ineligibility

• WRF will generally not:
  • Fund Individuals
  • Support capital expenditures (construction, major renovations, equipment, or supplies)
  • Provide operating support to cover budget shortfalls
  • Support fundraising campaigns
  • Support basic scientific research
  • Support endowments
  • Support initiatives that do not directly or significantly have an impact within the state of Arkansas