Calvert Impact Capital is an independent non-profit foundation based in Bethesda, Maryland. Established in 1988, the foundation is a Community Development Financial Institution (CDFI), a type of financial institution providing community development financing and services to under-served communities in the US. The foundation connects individual investors with organizations working around the globe, developing affordable housing, creating jobs, protecting the environment, and working in numerous other ways for social good. The assets are managed by the board of directors.Calvert Impact Capital's investment portfolio is valued at over $175.92 million, with investments in fixed income, hedge funds, real estate, infrastructure, real assets, natural resources, private equity, and cash.