Impact sectors  
Impact locations  
UK
USA

Africa

Asia

North America

Central America

South America

Western Europe

Eastern Europe

Product types

Calvert Foundation



California FreshWorks Fund via Calvert Foundation CIN
Loan

Raises funds for Community Development Financial Institutions (CDFIs) in both the US and around the world

 


For millions of disadvantaged people in the U.S. and internationally, the door to financial opportunity is closed. Since 1995, Calvert Foundation has been working to open that door and let people in. Calvert Foundation is a nonprofit that has pioneered a new type of investing through our Community Investment Note that delivers a social and financial return. We make it possible for everyday people to invest in organizations around the world that empower people living in low-income communities.

The Note was the first retail impact investment with a global reach available to non-accredited investors, and through our new Women INvesting in Women INitiative (WIN-WIN), Calvert Foundation is the first organization to offer a retail impact investment product with a gender lens. We believe in giving a hand-up and enabling people to lift themselves out of poverty.


Summary

The California FreshWorks Fund will finance grocery stores and other forms of healthy food retail and distribution. It is specifically designed to:

  1. increase access to healthy food in under-served communities
  2. spur economic development that supports healthy communities
  3. inspire innovation in healthy food retailing

Social Impact

The California FreshWorks Fund provides a tested, scalable solution to the problem of food deserts throughout California that will improve health, spark economic development, and help transform under-served communities into communities of opportunity. The availability of healthy foods where we live has been shown to influence what we choose to eat and to reduce the prevalence of obesity and diabetes.

The California FreshWorks Fund is being financed by The California Endowment, NCB Capital Impact, NCB, FSB, Calvert Foundation, Catholic Healthcare West, Kaiser Permanente, JP Morgan Chase, Morgan Stanley and US Bank. It is modeled after the successful Pennsylvania Fresh Food Financing Initiative and is intended to align with the National Healthy Food Financing Initiative.


https://www.microplace.com/

 

 
Support

£ 

We will convert your GBP to USD at 1:1.2363

Transaction restrictions:

Minimum: £16.00 (20.00 USD)

California FreshWorks Fund via Calvert Foundation CIN

Impact sectors:

Building communities
Sustainable agriculture
 
Impact locations:
 

 

USA

 

Support with SharedImpact:

It's flexible - we lower the usual minimums to let you spread your support to many causes.

It's easy - no need to call, email or discuss with an advisor.

It's charity - as a Registered Charity we ensure your donations are used efficiently.

It's assured - years of impact investment, financial and technical expertise combined.

It's expert - as the inventors of the secondary market for social investments you know you're in good hands.

It's yours - we're here for you. No shareholders. No parent corporate. Simply charity.

Helping you manage the gift that keeps on giving

 

 

Copyright 2012-2023 SharedImpact. All Rights Reserved.  'SharedImpact' is a Registered Trademark.
UK Registered Charity No: 1145471, Company Limited by Guarantee, No 7551618,
UK Registered Office: Devonshire House, 60 Goswell Road, London EC1M 7AD
US Registered 501(c)(3) Public Charity, SharedImpact Foundation: 575 Lexington Avenue, New York NY 10022
SharedImpact Foundation (HK) Limited is a Section 88 charitable institution registered in Hong Kong.