Impact Investing Program (Rhode Island, f6e2ecd5)

The Rhode Island Foundation's Impact Investing program provides capital, often unavailable elsewhere, to local, place-based organizations and initiatives in Rhode Island aligned with the Foundation's community priorities. Investments typically range from $200,000 to $2,000,000, offered at below-market rates with a portfolio target return of 3% and terms generally up to 10 years. Applicants must show a strong operating track record in Rhode Island, solid financials, competent governance,...