Two paths into the PRI platform
Catholic Mission Network receives charitable capital and directs it through SaT Catalyst, LLC into a revolving Program Related Investment fund.
The difference is at the front door. The downstream PRI mechanics stay consistent once capital reaches Catholic Mission Network and SaT Catalyst.
Direct gifts and DAF grants enter differently, then converge into one SaT PRI capital structure.
Direct path
Donor gives directly to Catholic Mission Network.
DAF path
Sponsor approves an irrevocable charitable grant.
Shared platform
Capital enters the revolving PRI fund for deployment.
Scenario 1
Direct charitable gift
Individual or business donor, no Donor Advised Fund intermediary.
Individual or Business Donor
No Donor Advised Fund.
Catholic Mission Network
501(c)(3) public charity. Sole member of SaT Catalyst, LLC. Receives and acknowledges donation.
SaT Catalyst, LLC
Wholly owned by Catholic Mission Network. Disregarded entity / operating arm.
Program Related Investment Fund
Established capital pool awaiting PRI deployment decision.
PRI Project / Recipient
Example: School of Osteopathic Medicine. Below-market loan with charitable purpose.
Principal + interest return to the PRI Fund
Revolving capital can be redeployed to future PRIs.
Scenario 2
Donor advised fund grant
Existing Donor Advised Fund recommends an irrevocable charitable grant.
Donor
Previously contributed assets and received tax deduction.
Donor Advised Fund
Sponsoring organization holds legal control. Approves and executes grant.
Catholic Mission Network
501(c)(3) public charity. Sole member of SaT Catalyst, LLC. Receives and acknowledges grant.
SaT Catalyst, LLC
Wholly owned by Catholic Mission Network. Disregarded entity / operating arm.
Program Related Investment Fund
Established capital pool awaiting PRI deployment decision.
PRI Project / Recipient
Example: School of Osteopathic Medicine. Below-market loan with charitable purpose.
Principal + interest return below the DAF level
Revolving, recoverable capital occurs after CMN directs funds into SaT's PRI platform.
The legal distinction
Scenario 1
The direct donor establishes the charitable relationship with Catholic Mission Network at donation. The gift is tax-deductible in the year made and flows directly into the SaT Catalyst PRI capital structure with no intermediary delay.
Scenario 2
The DAF grant is irrevocable and non-recoverable from the DAF perspective. The donor has no repayment right at the DAF level. Once CMN receives and directs funds to SaT Catalyst, the same capital can be deployed as recoverable, interest-bearing PRIs below the DAF level.
Sponsor review
DAF sponsors should confirm willingness to grant into a nonprofit-owned LLC structure. Expenditure responsibility rules may apply.
Ready to put capital to work for purpose?
Open a fund or explore vetted projects that can receive mission-first PRI capital through the SaT Catalyst platform.