Debra D. Schwartz is Director of Program-related Investments (PRIs) for the John D. and Catherine T. MacArthur Foundation. PRIs are below-market loans and investments made for charitable purposes and the Foundation has devoted $300 million to this innovative form of philanthropy, principally to support affordable housing and community development throughout the U.S. Before joining MacArthur in 1995, Ms. Schwartz was chief financial officer for a nonprofit in Chicago and an investment banker at John Nuveen & Co. where structured tax-exempt bond offerings for municipalities and health care institutions.
Ms. Schwartz is a past presidential appointee to the U.S. Treasury Department Community Development Advisory Board. Currently, she serves on the national steering committee of the PRI Makers Network, is a Social Enterprise Fellow at the Yale School of Management, and teaches an undergraduate course, “The Business of Nonprofits” at the University of Chicago. Ms. Schwartz graduated from Yale University summa cum laude with a Bachelor’s in History and earned her MBA at Northwestern University’s Kellogg School of Management.