Impact Investing

Prebys is committed to using every financial tool at its disposal to drive change in San Diego. There are many ways to do this. We make mission-related investments, use program-related investments, and we ensure that our investments meet our environmental, social, and governance goals. This ensures that our resources not only deliver financial returns but also generate lasting social impact aligned with our vision for a more inclusive and equitable community.

The Conrad Prebys Foundation is fully committed to using all of its financial resources to drive change. In addition to traditional grantmaking, the foundation employs three financial investment tools to advance our vision of an inclusive, equitable, and dynamic future for all San Diegans:

• First, the foundation applies Environmental, Social, and Governance (ESG) screens to our public investments, ensuring that none of our financial activities work against our mission.
• Second, we make mission-related investments, which aim for market-rate returns while generating measurable social impact in line with the foundation’s goals.
• Third, program-related investments (PRIs) allow us to support initiatives with below-market returns that directly align with our grantmaking priorities. Unlike traditional grants, PRIs are charitable investments that generate a financial return, which is then reinvested into future projects or grants, multiplying the community benefit.

By integrating these impact investing strategies, Prebys ensures that all of our resources are working toward the common goal of a stronger, more equitable San Diego.