Individual Bios

Timothy Freundlich, Special Consultant to Calvert Foundation and President, ImpactAssets

Tim Freundlich has been involved with Calvert Foundation since 1997. Tim conceived of and launched Calvert Foundation Giving Fund, the socially responsible donor advised fund. He continues to lead development of the Giving Fund, and works on special projects such as capitalization and large custom investor relationships. Tim helped to prototype Community Investment Partners, the Foundation’s subsidiary analysis and asset administration enterprise. He has also been instrumental in building Calvert Foundation's Community Investment Note program. In 2010, Tim launched ImpactAssets, a separate but aligned non-profit organization that will expand on the services offered by the Giving Fund.

Outside of Calvert Foundation, Tim spends much of his time developing social capital markets as an author and as an advisor to various nonprofits, with a concentration in alternative/independent media (including www.ChannelG.tv). He is a member of www.xigi.net 's Steering Committee and a Founding Principal of Good Capital, LLC (www.goodcap.net). Tim has served on the board of Social Venture Partners International and was a Founding Partner in SVP-Bay Area.

Tim received a BA in Film from Wesleyan University (CT) and an MBA from the University of San Francisco. Previously Tim was a documentary video editor, a wine buyer and a manager/partner of restaurants in New York City and on the coast of Maine. He lives in San Francisco with his wife Julie and their two sons.

What/who inspires you?

Every Social Entrepreneur that I meet, every day. Whether it is someone building cataract surgery units in Southeast Asia or affordable housing developers in San Francisco, I find that each one of these amazing people, choosing work that matters, are a light in the world. I’m so thankful to be working to help finance these enterprises and these great people.

What is something you would like to see happen in the next 10 years?

I’d like to see social investing cease to exist, replaced simply by investing. All investment of capital would be in line with sustainability and impact. It’s happening around us now, but in 10 years I truly believe that we’ll have fundamentally changed the rules of the game to operate in line with people and planet.

If you had to start all over again and choose a different career path, what would it be?

This is a tough question because I love what we are doing at Calvert Foundation, both in the Community Investment Note and Calvert Giving Fund realm. But, my other passion has always been film and social change-oriented media. If I had to take another job tomorrow, it would be in bringing resources to these kinds of media endeavors. It is such a lever for change.