The ImpactAssets team brings several decades of experience in impact investing, innovative financial services, philanthropy and wealth management.
In 2001, Calvert Impact Capital launched a prototype of a new type of donor advised fund (DAF). Known as the Giving Fund, this DAF provided an enhancement to traditional donor advised funds in the form of socially responsible and impact investment options—enabling philanthropists to both “give and invest for the greater good.”
In 2010, Calvert Impact Capital created ImpactAssets to assume responsibility for the Giving Fund and transform it into something much bigger. In the years since, the ImpactAssets staff has multiplied, adding new functions including an impact investing field building initiative and the development of new Impact Investment Notes designed to democratize access to impact investing.
ImpactAssets is an independent 501(c)3 organization, but remains closely connected to Calvert Impact Capital. Board members designated by Calvert Impact Capital hold a minority position on ImpactAssets’ Board of Directors and Community Investment Partners, a subsidiary of Calvert Impact Capital, supplies administrative services to the firm.