What is a Community Investment Note?
Community Investment Notes are debt securities issued by Calvert Foundation that channel capital to high-impact community development initiatives in the U.S. and around the world. Please read the Community Investment Note prospectus for more specific information.
How can I purchase a Community Investment Note?
There are two ways to purchase Community Investment Notes:
- Definitive Notes: Purchased by submitting the Community Investment Note Application with a check or wire to Calvert Foundation. $1,000 minimum.
- Book- Entry Notes: Purchased and held within a brokerage account at hundreds of broker-dealers. $1,000 minimum. Learn more about investing through your brokerage account.
How do I purchase through my brokerage account?
Visit our invest through a brokerage account page to choose a CUSIP corresponding to the rate/term combination you would like, and call your brokerage firm's fixed income desk to make the purchase.
I purchased a Community Investment Note through my brokerage account, so why did I never hear anything from Calvert Foundation?
Calvert Foundation does not receive client information from brokerage firms, but rest assured that we have put your money to work. Please register your Community Investment Note to make sure we can service your account better and can send you our annual Social Impact Report.
Can I purchase a Community Investment Note through my IRA?
Yes! You can purchase the Note in self-directed Individual Retirement Accounts (IRAs) at brokerage firms. The following retirement accounts have the option of being self-directed: a traditional IRA, Roth IRA, Rollover IRA, Educational IRA, and SEP IRA.
Can I target my investment to a certain geographic area or impact theme?
Yes, you can target your Community Investment Notes to eight geographic regions in the U.S., our International Microfinance and Fair Trade portfolio, or our WIN-WIN Women's Initiative. Stay tuned for more options.
Can I check the status of my investment online?
It depends. If you invested in a Book Entry Note, you can view the status of your Note by logging into your brokerage account. If you invested online, you can view the status by logging into your Microplace account.
Currently, we don't have a way to check Definitive Note purchases online, but we do provide account statements to all investors on their anniversary dates and anytime a change is made to the account. And you can always contact us.
How can I request more information?