NonprofitsCalvert Impact Capital Inc

Community Improvement & Capacity Building

Calvert Impact Capital Inc

BETHESDA, MD

Total revenue

$39.5M

Total expenses

$30.8M

Net assets

$54.4M

Grants received

$13.3M

18 grants

EIN

521591398

Tax year

2024

Mission

Calvert impact capital, inc. Works for the benefit of underserved communities and individuals and to achieve a more equitable and sustainable world by maximizing the flow of capital in furtherance of such goals.

Financials

FY 2024

Revenue

Contributions & grants$479K
Program service revenue$37.6M
Investment income$1.4M
Other revenue
Total revenue$39.5M

Expenses

Grants paid
Salaries & benefits$6.1M
Fundraising$356K
Other expenses$24.7M
Total expenses$30.8M
Total assets$737.7M
Net assets$54.4M

People

22 listed

NameRoleCompensation

JENNIFER PRYCE

PRESIDENT & CEO

Board

$664K

20 hrs/wk

DEREK STROCHER

CHIEF FINANCIAL OFFICER

Board

$463K

20 hrs/wk

JUSTIN CONWAY

SECRETARY, PRESIDENT OF CIP

Board

$371K

40 hrs/wk

DR JENNIFER ISERN

CHAIR

Board

1 hrs/wk

ARON BETRU

DIRECTOR

Board

1 hrs/wk

RUMA BOSE

DIRECTOR

Board

1 hrs/wk

MEESHA BROWN

DIRECTOR (OUTGOING 2024)

Board

1 hrs/wk

DEBORAH BURAND

DIRECTOR

Board

1 hrs/wk

DEENA BURJORJEE

DIRECTOR

Board

1 hrs/wk

MARIO ESPINOSA

DIRECTOR

Board

1 hrs/wk

PHIL KIRSHMAN

DIRECTOR/GOVERNANCE & PENSION COMMITTEE CHAIR

Board

1 hrs/wk

LYNN NGUYEN

DIRECTOR (OUTGOING 2024)

Board

1 hrs/wk

SCOTT PAGE

DIRECTOR

Board

1 hrs/wk

DECKER ROLPH

DIRECTOR/COMPENSATION COMMITTEE CHAIR

Board

1 hrs/wk

KATHY STEARNS

DIRECTOR/CREDIT COMMITTEE CHAIR

Board

1 hrs/wk

LISA BUHAIN WINSLOW

DIRECTOR/RISK COMMITTEE CHAIR (INCOMING 2024)

Board

1 hrs/wk

FERN THOMAS

DIRECTOR/AUDIT & FINANCE COMMITTEE CHAIR

Board

1 hrs/wk

ELIZABETH BAFFORD

VP, SYNDICATIONS & STRATEGY

Staff

$439K

40 hrs/wk

CATHERINE GODSCHALK

VP, LENDING

Staff

$348K

40 hrs/wk

EMMELINE LIU

GENERAL COUNSEL

Staff

$337K

40 hrs/wk

LAURI MICHEL

VP, RISK MANAGEMENT

Staff

$335K

40 hrs/wk

ANN DOBBYN

VP, CONTROLLER

Staff

$226K

40 hrs/wk

Independent contractors

MORGAN LEWIS & BOCKIUS LLP

LEGAL SERVICES

$307K

JOHNSON LAMBERT LLP

AUDIT SERVICES

$208K

WARNER NORCROSS & JUDD LLP

LEGAL SERVICES

$174K

HERO UNIT

CONSULTING

$115K

Grants received

Showing 18 of 18

FromAmountPurposeYear
$53K
80413 LEVERAGING CAPITAL FROM THE GREENHOUSE GAS REDUCTION FUND FOR INVESTMENT IN THE COMMUNITY DEVELOPMENT FINANCE SYSTEM AND PUBLIC HEALTH INFRASTRUCTURE
2024
$4.5M
100X10 FOR SMALL BIZ PROGRAM
2023
$5.5M
100X10 FOR SMALL BIZ PROGRAM
2022
$473K
80413 LEVERAGING CAPITAL FROM THE GREENHOUSE GAS REDUCTION FUND FOR INVESTMENT IN THE COMMUNITY DEVELOPMENT FINANCE SYSTEM AND PUBLIC HEALTH INFRASTRUCTURE
2022
$50K
CAPACITY BUILDING
2022
$50K
PUBLIC, SOCIETAL BENEFIT
2022
$75K
Project-Based
2021
$1.2M
General & Unrestricted (see attached General Explanation)
2020
$300K
COVID GRANT TO SUPPORT COMMUNITIES WHERE GRAMEEN MEMBERS ARE LOCATED
2020
$187K
FOR GENERAL OPERATING SUPPORT.
2020
$130K
GRANT FOR COVID-19 RELIEF FOR UNDERSERVED, VULNERABLE POPULATIONS
2020
$100K
General Operating
2020
$75K
Technical Assistance
2020
$10K
For grant recipient's exempt purposes
2020
$10K
GENERAL SUPPORT AND VARIOUS PROJECTS
2020
$52K
For grant recipient's exempt purposes
2019
$251K
For grant recipient's exempt purposes
2018
$310K
FOR GRANT RECIPIENT'S EXEMPT PURPOSES
2017

Funded by

$13.3M from 11 funders · 18 grants · 2017–2024

Citi Foundation

$10M · 2 grants · 2022–2023

The Bay and Paul Foundations Inc

$1.2M · 1 grant · 2020

Fidelity Investments Charitable Gift Fund

$624K · 4 grants · 2017–2020

The Robert Wood Johnson Foundation

$525K · 2 grants · 2022–2024

Grameen America Inc

$300K · 1 grant · 2020

The Fb Heron Foundation

$250K · 3 grants · 2020–2021

Cassiopeia Foundation Inc

$187K · 1 grant · 2020

Nonprofit Finance Fund

$130K · 1 grant · 2020

Details

EIN521591398
NTEE codeS300
Subsection03
Ruling date1989-06
Formed1988
Employees0
Volunteers14
CALVERT IMPACT CAPITAL INC — Mission, Financials & Grants Received | Grantivo