IRS Issues New Guidance on Mission Related Investments by Foundations

IRS Issues New Guidance on Mission-Related Investments by Foundations

On September 15, the Internal Revenue Service (IRS) issued new guidance to tax-exempt foundations on “mission-related investments” (MRIs), which seek a risk-adjusted financial return alongside social or environmental goals that are consistent with the foundation’s charitable purpose. Read more about the MRI guidance and its potential impact.

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