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It's a win-win. Earn a financial return while lifting families out of poverty. |
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Life-Changing Returns
E-NEWSLETTER JUNE 2011 |
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Investing in the Future of Medicine |
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Healthpoint Services delivers healthcare to remote villages in India
We are proud to report that Calvert Foundation borrower Healthpoint Services won the Health, Water and Sanitation Award for Emerging Enterprises earlier this month at the annual Sankalp Forum in Mumbai, India. Healthpoint was lauded among accomplished peers for its e-healthpoint model, which allows patients in rural villages to interact with doctors in urban areas via broadband video.
In addition to providing affordable healthcare at low patient costs (roughly $1 per medical consultation), these one-stop health centers combat the stigma surrounding healthcare by also serving as providers of fresh, treated water. While picking up a monthly supply of clean water, villagers now have an "excuse" to discretely seek medical care.
“Imagine that you could walk into an ‘instant clinic,’ get tested in 5 minutes for an insignificant cost, talk to a doctor in a medical call-center about the results if you desired, pick up the medicine you need, and leave – all within 20 minutes,” explains Dr. Allen Hammond, Ashoka Senior Entrepreneur and Head of Healthpoint Services.
We are excited to be a supporter of this promising young game changer. Last year, Healthpoint engaged in a partnership with Proctor & Gamble that will help them target an additional 1 billion consumers by 2015 and eventually scale operations to 40 countries.
Read more about Healthpoint Services
Watch a video featuring Healthpoint and other winners of the Sankalp Health, Water, & Sanitation Awards |
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New Website Navigation Tool
We recently introduced a new tool on our website designed to help visitors navigate through our diverse portfolio of 250 nonprofits and social enterprises. This platform, in partnership with technology social enterprise OpenAction, will help us better tell the impact stories being created by our investments.
The new tool features an interactive map with multiple search features designed to help you explore organizations working in the geographic and social impact areas that you care about most. We are still tweaking the tool to maximize functionality so please feel free to make any suggestions for improvement.
Check out the interactive map |
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Catalyzing Industry Growth
Building upon more than a decade of success with its philanthropic donor-advised fund program called the Giving Fund, Calvert Foundation has helped establish a new organization called ImpactAssets, which is headed by Tim Freundlich, a long-time member of Calvert Foundation’s senior executive team. ImpactAssets is a nonprofit financial services company created to help solve the world's toughest problems by catalyzing investment capital for maximum environmental, social and financial impact.
ImpactAssets is helped along by Calvert Foundation’s wholly-owned subsidiary Community Investment Partners (CIP), which provides investment advisory and back-office services specifically tailored to the social and impact investment industry, and is a Registered Investment Advisor. Calvert Foundation recently named Jesse Chancellor (pictured left) the new president of CIP. Jesse has been with Calvert Foundation since 2007, during which time he grew the CIP division from a small team working on a portfolio of about $40 million in assets under management to a separate subsidiary now serving over 20 clients and overseeing a portfolio of services with over $170 million in assets.
Read the full article |
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Microfinance in Eastern Europe
In 1992, Calvert Foundation Senior Investment Officer Anthony Randazzo lived and worked in Prague, where he kicked off his professional career in financial development.
Last month, he returned to the city for the 14th Annual Microfinance Center (MFC) Conference, where he met with industry leaders and discussed trends in the field. Read about his trip and insights regarding some of the issues and criticisms facing microfinance today on Calvert Foundation's blog.
Read Anthony's blog post |
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There are communities around the world in need of homes, jobs, and facilities such as daycare. You want to help, but don't want to give money away. Is it possible to still help? Yes! |
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Tax-deductible gifts to Calvert Foundation keep our lending lifeline open to nonprofits serving communities affected most by the troubled economy. |
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Calvert Foundation - 7315 Wisconsin Ave. Suite 1100W Bethesda, MD 20814 - ph 800.248.0337
Calvert Social Investment Foundation, a 501(c)(3) nonprofit, offers the Community Investment Note, which is subject to certain risks, is not a mutual fund, is not FDIC or SIPC insured, and should not be confused with any Calvert Group-sponsored investment product. This e-Newsletter is neither an offer to sell nor a solicitation of an offer to buy these securities; the offering is made only by the prospectus, which should be read before investing.
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