ImpactAssets is an independent non-profit foundation based in Bethesda, Maryland. The foundation was established in 2010 by Calvert Impact Capital to assume responsibility for the Giving Fund and transform it into something much bigger. The foundation's aim is to increase the flow of capital into investments that deliver financial, social, and environmental returns. It specializes in impact investing, social finance, donor-advised funds, and environmental impact investing for philanthropists and individual investors. The assets of the foundation are managed by the board of directors.ImpactAssets' investment portfolio is valued at $444.59 million, with investments in private equity, real estate, hedge funds, publicly-traded equities, fixed income securities, and cash.