logo November 2007  
 
Calvert Foundation's eNewsletter
NEWSWORTHYFINCA
SmartMoney article featuring
Calvert Foundation on newsstands now!
Calvert Foundation's long-term involvement in microfinance investment is featured in the “StreetSmart” column of SmartMoney magazine's December issue. Columnist Dyan Machan highlights the low risk and ease of investment in microfinance through the Community Investment Note. 

Investors can support individuals – particularly women – and their families in developing countries by opening an investment with Calvert Foundation through their portfolio (starting at $1,000) or for as little as $100 available for purchase online at eBay’s new microfinance subsidiary, MicroPlace.

> Microfinance video featuring Shari Berenbach
> Find a financial advisor familiar with the Note
> Invest in microfinance online: MicroPlace

PORTFOLIO NEWS
Calvert Foundation Celebrates this Past Year's Portfolio Additions

ncifWe are managing our largest portfolio ever, with $123 million at work in communities. An increase in investments has allowed us to add 25 new organizations to our portfolio, while continuing to increase investments with other long-term partners.  In the past year, we have added a large number of microfinance organizations in preparation for the launch of MicroPlace.  With the recent increase in demand for affordable housing funds, we have also added eight new affordable housing organizations, which join the existing group of organizations that have an excellent reputation for helping families transition into decent and affordable housing.

> See all of our new partners

SPOTLIGHT ON

SOCIAL IMPACT REPORT 2007
Your Investment Creates Real-Life Returns: Our Best Year Yet!

Calvert Foundation is pleased to announce its cumulative social impact calculated through September 2007. Since its inception, our portfolio has:

  • built/rehabilitated 10,524 affordable homes
  • generated 219,355 jobs through microfinance
  • created 17,701 jobs in the United States
  • financed 13,920 social innovations, such as fair trade coffee cooperatives, independent media organizations, and social enterprises (businesses grounded in the concept of doing social good while making a profit)

We are able to create this tremendous impact thanks to the strength of our partner organizations and with the support of investors like you.

> Learn more about the real people you've helped
> Calculate the social return on your investment

 

ASK SHARI
Executive Director Shari Berenbach
What is social return on investment (SROI)?
Social Return on Investment is the social “good” generated by your investment. This edition of The Junction focuses on the positive effect your Community Investment Note has on real people in real communities.  At Calvert Foundation, we measure SROI in terms of the number of small businesses and jobs created, community facilities developed, houses built or rehabilitated, microloans approved, and the number of coffee farmers in fair trade cooperatives.  These statistics, aggregated across the more than 220 groups in our portfolio, make SROI quantifiable. 

Other, less quantifiable aspects of social return, however, are the results generated from jobs created and homes built.  For example, neighborhoods with homeowners tend to be safer – and the children that live in such neighborhoods tend to do better in school.  The unquantifiable SROI is that a family’s life was changed, and they became part of an initiative to build stronger, safer and healthier community.  Similar results can be seen with the development of small, local businesses or essential facilities such as childcare centers.  You will find many examples of the real-life returns you are generating through your community investment in our 2007 Social Impact Report.

You too will likely be impacted by the SROI of your investment.  Calvert Foundation’s partners are building homes, creating jobs and transforming lives in all 50 states and over 100 countries.  If you have not already invested in a Community Investment Note, consider a new type of return on investment – one that builds communities while providing a financial return.

> Ask Shari a question

 


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Calvert Social Investment Foundation, a 501(c)(3) nonprofit, offers the Community Investment Note, a 1- to 10-year note earning up to 3% interest. The Note is subject to certain risks, is not a mutual fund, is not insured, and should not be confused with any Calvert Group sponsored investment product. This eNewsletter 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.