Washington Square Health Foundation Program Related Investment RFP

About this program

The Washington Square Health Foundation offers Program Related Investments (PRIs) to support charitable healthcare activities in the Chicagoland area, including construction, cash flow, compensation, operating expenses, and program continuation. PRIs are repayable, below-market, low-interest collateralized loans of up to $100,000, typically repaid over five years through annual principal and interest payments. Eligible applicants are community organizations and healthcare initiatives aligned with the Foundation’s mission of improving community health and expanding access, including projects outside its standard grantmaking guidelines. Applicants should discuss their project with the Executive Director and submit an application through the WSHF grant portal, identifying the request as a PRI.