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

The fact that the Giving Fund’s assets outperform the general market provides hope to nonprofits at a time when so many of them are struggling to stay afloat and to provide services to those who need it most.

Calvert Foundation President and CEO Shari Berenbach said: “The Giving Fund uses donated assets awaiting grant making to invest in organizations that provide grassroots solutions to social and environmental problems such as environmental degradation, lack of affordable housing, and poverty in the developing world. This means donated assets get to work for important causes right away, guaranteeing a sustainable difference from day one. These continued gains over the past year – the consistency we are seeing – is reassuring for our donor advised fund clients who need to make charitable grants from their investment portfolio every year.”