Deciphering Impact Investment acronyms: UPMIFA, UBIT, PRI, and MRI
Where there is money, there are lawyers and consultants. And where there are lawyers and consultants, there are acronyms, deployed like they are words that everyone knows.
There is a lot of money flowing around the impact investment sector. Therefore, it can be very easy for non-profits, and especially private foundations, to get lost in a sea of letters when they want to invest in a manner that advances their charitable purposes. There’s only so much a blog post can do, but let’s see if we can unpack four of the big acronyms.