We make program-related investments (PRIs) that show promise and create partnerships that strive to achieve health equity and bring health in reach for all Coloradans.

The Foundation's PRIs are offered to nonprofits or private sector companies to support charitable or mission-related activities with financial returns that are secondary and below market.

PRIs are best used to provide capital for organizations that have a business or revenue model to finance, sustain and grow their initiatives. PRIs can help organizations attract new financing from other investors or build a credit record to qualify for commercial financing. 

PRIs include financing structures commonly associated with banks or other private investors, such as loans, loan guarantees, linked deposits, social impact bonds, subordinated notes, recoverable grants and even equity investments in charitable organizations or in commercial ventures for charitable purposes. Because PRI funding is eventually returned to the Foundation, the funds will be used again for new impactful opportunities.

Current PRIs

  • Castle Rock Pediatrics – Castle Rock Pediatrics is a patient-centered medical home that provides care to patients from a wide variety of socioeconomic populations, from birth to young adulthood. A Foundation investment of $100,000 allowed the clinic to improve its training and capacity building around a team-based model of care.

  • Colorado Regional Health Information Organization – Colorado Regional Health Information Organization (CORHIO) manages one of the country’s largest health information exchange (HIE) networks. HIE systems allow health care providers and patients to electronically access and securely share patients’ vital medical information. An investment of $1.5 million by the Foundation was designated to accelerate the expansion of health information exchange connections, increase the adoption of HIE services in rural areas and develop a patient engagement strategy to facilitate consumer access to health information. In the end, this investment led to 800,000 additional patients being included in CORHIO’s HIE.

  • Denver Health – Denver Health is an integrated health care system that serves as one of Colorado’s primary safety net institutions. The Foundation offered a capital investment of $1.5 million towards construction of a new Denver Health primary care clinic in southwest Denver. As a result of this program-related investment, 23,000 additional safety net patients were served with person-centered care. Read more.

  • Metro Community Provider Network – Metro Provider Community Network (MCPN) is a system of Federally Qualified Health Center medical providers with 20 locations serving low-income, uninsured and underserved populations residing outside the city and county of Denver. A Foundation investment of $700,0000 was used to provide assistance and resources to community health centers (CHCs) to strengthen the existing CHC workforce and to build a competent and committed future CHC workforce.

  • Mind Springs Health – Mind Springs Health operates 13 behavioral health facilities in Western Colorado, including West Springs Hospital, the only psychiatric hospital between Denver and Salt Lake City. A capital investment of $4.25 million was approved to help the West Springs Hospital double the bed space in their acute psychiatric facility and provide respite home/step down services for patients to avoid unnecessary hospital admissions.

  • Pueblo Community Health – Pueblo Community Health serves those in need of primary health care at twelve locations in Pueblo and Huerfano counties, regardless of ability to pay. A capital investment of $500,000 in Pueblo Community Health’s main Colorado Avenue clinic allowed the organization to expand its clinical space and increase the number of patients served. Since this investment, nearly 8,000 additional safety net patients have received integrated, person-centered care.

  • Recoverable Grants – In summer 2017, the Foundation approved $3.5 million in recoverable grants to be provided to seven Colorado nonprofits. These funds served as a bridge for Medicaid payment delays that various safety net providers were experiencing due to a change to the Colorado Department of Health Care Policy and Finance billing system. This investment allowed providers to continue to meet their ongoing obligations to staff, patients and vendors without reliance on costly borrowing from lenders or depleting their cash reserves.

  • Value Care Health Clinic – Value Care Health Clinic is a primary care clinic in Colorado Springs. A $150,000 investment by the Foundation supported the implementation of a work plan to train staff in team-based care.

For more information about applying, please email Amy Latham, vice president of Philanthropy.

Previous PRIs