If you want access to its archive of of past ratings and articles, you’ll have to pay another 25. Consumers’ Checkbook charges 34 for a two-year subscriptionbut this only applies to the current quarterly issue. Under the regulations, an investment qualifies as a PRI if: (a) its primary purpose is to accomplish the foundation’s exempt purpose(s) (b) the production of income or appreciation of property is not a significant purpose of the investment and (c) none of the purposes described in Code §170 (c)(2)(D) (i.e., carrying on propaganda or otherwise attempting to influence legislation) are a purpose of the investment. According to its Web site, Angie’s List charges 90 for two years, which includes a one-time 15 signup fee. However, PRIs are an exception to that rule. Checkbook Magazine (contractors, live, shop) User Name: Remember Me: Password : Please register to participate in our discussions with 2 million other members - its free and quick Some forums can only be seen by registered members. Twin Cities Consumers Checkbook magazine and is a nonprofit organization with a mission to help consumers get the best service and lowest prices. Generally, a private foundation that makes investments jeopardizing its ability to carry out its exempt functions is subject to an excise tax under Code §4944.

Program-related investments (PRIs) have been used for many years. Mary Lee Moseley and Jamie Lanier authored an article in Seattle Business magazine’s November 2016 issue titled “Private Foundations: Taking Them Beyond Checkbook Philanthropy.” The article discusses private foundations and the rules and regulations that govern social impact investing, specifically, program related investments (PRIs) and mission related investments (MRIs).