Log in or register
Share on LinkedInShare on LinkedIn

ARTICLE · 27 APRIL 2016

Program Related Investments: Final Regulations

Seyfarth Shaw LLP
Seyfarth Shaw LLP
Contributor
Seyfarth Shaw LLP

Seyfarth Shaw LLP

Our high-caliber legal representation and advanced delivery capabilities allow us to take on our...

View firm profile
Explore more from Seyfarth Shaw LLP

Final program related investment (PRI) regulations released and effective on April 25, 2016 illustrate the broad range of programs and investment types that can qualify as PRIs for private foundations.

United StatesCorporate/Commercial Law
Ofer Lion
Ofer Lion
Douglas Mancino
Douglas Mancino
Author LinkedIn connections

Final Regulations Highlight the Broad Range of Available PRI Purposes, Recipients and Financial Structures

Final program related investment (PRI) regulations1 released and effective on April 25, 2016 illustrate the broad range of programs and investment types that can qualify as PRIs for private foundations. PRIs are excepted from the private foundation excise taxes on investments that jeopardize the carrying out of a foundation's exempt purposes (i.e., investments that are too risky). The original ten examples in the regulations focus on domestic situations involving deteriorated urban areas and the poor, with investments structured either as loans or purchases of common stock.2 The new and now final regulations add nine more examples that are more varied as to the qualifying exempt purposes, recipients, and financial structures available for use with PRIs. With some helpful changes, these new regulations are based in large part on proposed regulations issued

We operate a free-to-view policy, asking only that you register in order to read all of our content. Please login or register to view the rest of this article.

Register for freeORLog in

View source

Related Articles

Legal Intelligence Newsletters: sign up for the latest legal and regulatory news on your chosen topics

Read more about

Related Comparative Guides

See more popular content from

Article

Healthcare Trends & Transactions Q2 2026

Healthcare M&A activity maintained steady momentum through Q2 2026, driven by physician practice consolidation, AI-enabled technology acquisitions, and strategic outpatient expansion. Private equity investment persisted despite intensifying regulatory scrutiny of MSO arrangements, while digital health buyers paid significant premiums for platforms demonstrating production-grade AI capabilities and proprietary data assets.
United StatesCorporate/Commercial Law
Bass, Berry & Sims PLC
Bass, Berry & Sims PLC
Article

CLIENT ALERT: 2026 Mid-Year Update On SEC And CFTC Enforcement

The SEC and CFTC have fundamentally shifted their enforcement approach in 2026, moving away from high-volume technical violations toward targeted actions addressing serious fraud and market manipulation. This mid-year update examines new leadership priorities, enhanced inter-agency coordination, revised cooperation policies, the elimination of "no-deny" settlement provisions, and a landmark Supreme Court ruling on disgorgement that collectively reshape the regulatory landscape for market participants.
United StatesCorporate/Commercial Law
Sher Tremonte
Sher Tremonte
Article

A New Twist In The Salvadoran TPS Saga: USCIS Authorizes Work Through September 9, 2026

U.S. Citizenship and Immigration Services has issued Individual Notices permitting certain Salvadoran Temporary Protected Status beneficiaries to demonstrate continued work authorization through September 9, 2026. This development arrives weeks after most TPS-based Employment Authorization Documents expired, creating challenges for employers and employees navigating reverification procedures and compliance requirements.
United StatesImmigration
Seyfarth Shaw LLP
Seyfarth Shaw LLP
Article

DHS Allows Salvadoran TPS Beneficiaries To Work And Remain, For Now

The Department of Homeland Security has confirmed that Salvadoran Temporary Protected Status beneficiaries remain protected despite the September 9, 2026 expiration date, though no formal announcement has been made regarding the program's future. This development raises critical questions about employer obligations and the potential scenarios that may unfold, including termination with a 60-day notice period or an extension of the designation.
United StatesImmigration
Seyfarth Shaw LLP
Seyfarth Shaw LLP
Article

California Legislative Update: Which Bills Will Make The Cut?

California's 2026 legislative session concluded with fewer employment bills than in previous years, but several significant measures await Governor Newsom's decision by September 30. Key proposals address automated decision systems in employment, workplace surveillance restrictions, expanded bereavement leave, AI-driven workforce displacement notices, and modifications to last year's controversial "stay-or-pay" legislation.
United StatesEmployment and HR
Seyfarth Shaw LLP
Seyfarth Shaw LLP
Article

California Finally Modernizes First Aid Requirements: What Employers Need To Know

The California Occupational Safety and Health Standards Board has approved significant revisions to California’s workplace first aid requirements for both construction and general industry. For general industry employers, the most notable change is the elimination of the longstanding requirement that first aid kit contents be approved by a consulting physician. Instead, employers may now comply by providing a first aid kit meeting ANSI/ISEA Z308.1-2021 Class A requirements.
United StatesEmployment and HR
Seyfarth Shaw LLP
Seyfarth Shaw LLP
Article

2026 Mid-Year Report: ADA Title III Federal Lawsuit Numbers Are Climbing

Federal ADA Title III lawsuit filings have reached 5,006 cases at mid-year 2026, marking the highest level since 2021 and suggesting a potential record-breaking year ahead. California continues to dominate with 2,426 cases, while new plaintiffs' firms enter the market and filing patterns shift across states. Will 2026 surpass the all-time high of 11,452 lawsuits set in 2021?
United StatesLitigation, Mediation & Arbitration
Seyfarth Shaw LLP
Seyfarth Shaw LLP
Article

European Commission Press Release: EU AI Act Transparency Enforcement Starts This Sunday! Do You Know Who Your Chatbots Are? We Break Down The Commission’s Guidelines On Transparency Below

The European Commission has announced that EU AI Act transparency rules take effect August 2, 2026, requiring chatbots to identify themselves, deepfakes to be labeled, and AI-generated content to be marked. Organizations must assess whether their AI systems trigger disclosure, labeling, or content-marking requirements, with limited exceptions and penalties reaching €15 million or 3% of global turnover for noncompliance.
GlobalPrivacy
Seyfarth Shaw LLP
Seyfarth Shaw LLP
Article

The EU Cyber Resilience Act’s Reporting Started Last Friday, September 11. Here’s A Very, Very Brief Primer

The EU Cyber Resilience Act introduces mandatory cybersecurity requirements for products with digital elements sold in the European market, establishing a comprehensive framework for hardware and software security. Starting September 11, 2026, manufacturers face new reporting obligations for actively exploited vulnerabilities and severe security incidents, with strict timelines ranging from 24 hours to one month depending on the type of report.
AfghanistanPrivacy
Seyfarth Shaw LLP
Seyfarth Shaw LLP