Calvert Giving Fund Sets High Bar for Donor Advised Funds: 100 Percent Socially Responsible Strategy Outperforms S&P 500 in Down Market

BETHESDA, MD., August 26, 2009 — As interest in donor advised funds (DAFs) heats up, Calvert Foundation announced today that the assets in its donor advised fund, the Calvert Giving Fund, outperformed the S&P 500/Barclays Capital Aggregate Bond 60/40 Index by 6.55 percent over the last year. And what is just as newsworthy: the Calvert Giving Fund achieved this performance through a 100 percent socially and environmentally sound investment strategy.