Community Investment Partners (CIP), a program
of Calvert
Social Investment Foundation (Calvert Foundation), makes available
the lessons learned from operating an efficient and high impact community
investment program, crafted over a ten year period. Community Investment
Partners is dedicated to making it possible for every investor to become
a community investor.
Calvert Community Investment Notes
With a minimum $1,000 investment, the Calvert Community Investment Note
offers a smart and effective way to conveniently invest in a broad range
of local nonprofits. Every dollar invested is lent to local nonprofits
to create affordable homes, jobs and bright futures for families and communities.
Investors can select the term (one, three or five years) interest they
want to pay, (zero to four percent) and the geographic region in which
their capital will be placed. An investment through the Community Investment
Note benefits from professional administration, portfolio diversification,
a solid performance track-record and more than $8 million in credit enhancements
that stand ready to protect the investor from potential losses.
Read
the Prospectus
Click
here to request information on Community Investment Notes
Customized Community Investment Portfolios:
Community Investment note holders placing $50,000 or greater may recommend
their own custom portfolio of community investment organizations. Investors
may target a region, sector, or specific nonprofit borrowers - perhaps
focusing on areas which impact your business or the communities in which
you organization operates. Even with this customization, you continue
to benefit from the same portfolio diversification, professional management
and credit enhancements available to all Calvert Community Investment
Note holders. Organizations to receive the investment capital must be
consistent with Calvert Foundation's overall policies and guidelines and
meet the same credit quality screen applied across the portfolio overall.
There is no charge to the investor for these customized services.
Click
here for Calvert foundations current investment portfolio.
Click
here to request information on Community Investment Notes
Calvert Giving Fund - Donor Advised Fund
A Calvert
Giving Fund is like having a Virtual Foundation, started with as little
as $5,000. Establishing a corporate Giving Fund can help your company
maintain a steady program of giving even if your organization's earnings
fluctuate from year to year. With a donor advised fund, you create a legacy
of giving and investing in the future of your community and world. In
addition, a Giving Fund allows you to outsource the administration of
a corporate giving program, thus minimizing your set-up and administrative
costs and record-keeping responsibilities, while maximizing your tax benefits
and social impact. To learn more, request a Giving
Fund Kit (make sure to identify yourself as a Corporation or Foundation).
CDCD Pools
(Community Development Certificates of Deposit)
Community Investment Partners manages more than $7 million in federally
insured CD pools. Each client, with its own tax ID number, can place up
to $5 million in a managed CD pool. Depositaries selected for participation
include community development banks, community credit unions, minority-owned
banks, and others with dedicated community development operations. Institutional
investors may select (or not) the specific depositaries to be included
in the pool. CD pool management services run an average fee of 35-75 basis
points per year, generating a net yield of approximately 3.5% The CDCD
pool product is particularly attractive to institutions seeking to address
pricing and risk assessment issues.
Read about different community development depositaries
in the searchable Community
Investment Profiles database.
Due Diligence Reports
Each year Calvert Foundation reports on nearly 100 of the most high impact,
professionally managed community investment organizations in the US and
around the world. These reports are available on a fee-for-service basis
and can be accessed through a pass-coded section of our website www.calvertfoundation.org.
Reports may be purchased individually or at a discount when purchased
in a set of ten or greater.
Call 800-248 0337 or email foundation@calvert.com
if your organization is interested in analysis reports of community development
nonprofits.
