Calvert Foundation (Calvert Foundation)
Fund – United States of America
Calvert Foundation’s investment philosophy:
Calvert Foundation provides loans to high-performing microenterprise and affordable housing programs in developing countries. The program targets profitable institutions with at least 3 yrs experience and $1 million in assets.
Approximately 20% of the Calvert Foundation portfolio is invested internationally; 80% is invested in the United States. Over 1500 individuals and institutions invest in Calvert Foundation, including Calvert Group, a socially responsible mutual fund company that invests between 1-3% of assets in the Foundation.
Calvert Foundation does not offer grants, but lends funds to groups that will re-lend the money to businesses, nonprofits or projects in their respective communities.
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