Calvert Foundation Financial Advisor Center

Magnifying Glass Search

Calvert Foundation's innovative investment product provides investors with the opportunity to earn a fixed rate of return while making a difference in their community and around the world!

The Community Investment Note

Calvert Foundation's Community Investment Note is a high-impact, pooled investment that channels affordable capital to underserved communities and markets, providing economic opportunities where they are needed most. Individual and institutional investors earn a fixed financial return, while generating real-life returns that are measured in homes built, jobs created, and lives changed.

Calvert Foundation's team of investment professionals use industry-leading due diligence and monitoring to manage a diversified portfolio of investments in leading nonprofits and social enterprises. No investor has ever lost their principal or interest, and investors are also protected by over $20 million in loss reserves, net assets, and subordinated debt.

This cutting-edge product can be purchased in brokerage accounts (see current offerings), as well as directly through the Foundation.  In addition to being able to add value to client relationships, the Community Investment Note offers advisors the opportunity to help their clients achieve many of their philanthropic goals, while keeping these assets under your management and paying compensation. 

Key Features of the Community Investment Note:

Minimum Investment $1,000
Terms 1-10 Years
Fixed Rate of Return 0-3% investor selected interest rate. Some investors choose lower rates to make the capital to underserved communities more affordable.
Target Investment Clients' choice from among eight US Geographic Regions, International Microfinance, Gulf Coast Recovery, Social Enterprise
Investment Methods Through brokerage accounts or directly using our paper application

The Community Investment Note puts 100% of your client's investment to work as affordable capital in high-impact organizations to:

  • Create jobs
  • Build affordable housing
  • Provide loans to entrepreneurs around the world through microcredit
  • Help start small businesses and essential community facilities
  • Finance innovative social-purpose enterprises

> Learn More about the Targeting Options Available
> Request a Community Investment Kit