Portfolio Partner Profile

Social Enterprise Foundry

The Social Enterprise Foundry (Sundec property), located in the Sun Valley Neighborhood, is one of the poorest neighborhoods in Colorado. The Urban Land Conservancy (ULC) used Calvert Impact Capital's funding to finance the Social Enterprise Foundry. The Foundry hosts several social enterprises that employ nearly 150 total people. ULC acquired the 44,000-square foot warehouse to preserve space for some of Denver’s leading sustainability-focused nonprofits. Together, their purpose is to improve lives in the Denver metro area and focus on environmental sustainability, job training and job creation. These organizations provide electronics recycling, weatherization services, energy efficiency services, and job training/job creation for at-risk youth, low-income households, and special-needs individuals.

Featured Impact Story

Social Enterprise Foundry impact story image

Impact Story

Blue Star Recyclers

Blue Star Recyclers is the largest tenant of the Social Enterprise Foundry’s building, a certified electronics recycling service that employs people with autism and other disabilities. Founded in 2009, Blue Star Recyclers’ core mission is recycling electronics and other materials to create local jobs for people with autism and other disabilities. In the years since, Blue Stars Recyclers has produced over 40 local jobs for people with disabilities in Colorado, over $4 million in local revenue and over 12 million pounds of ethically recycled electronics. Blue Star Recyclers is also accountable to honor and respect our planet, preserve human health and safety, ensure data security by documented data device destruction and provide social deliverables to the community.

Impact Story

Mile High Youth Corps

Mile High Youth Corps (MHYC) is a 501(c) (3) nonprofit organization established in 1992 to give youth ages 16 to 24 a chance to earn an income and learn hands-on job skills while serving in their communities. In its first year, 20 youth served Denver neighborhoods through a single 10-week program. Today, MHYC engages more than 200 youth (called Corps members) every year through several comprehensive programs that integrate paid work experience on community service projects with leadership development, career exploration and education. MHYC is another tenant in the Social Enterprise Foundry.

Return to Portfolio:

Community Investment Note Portfolio

Sectors and Topics:

Community Development Community Development
Small Business Small Business

Region(s):

North America

Countries:

United States

US States:

Colorado

First Year of Investment:

2015

Website:

https://www.urbanlandc.org/assets-investments/social-enterprise-foundry

7550 Wisconsin Avenue 8th Floor Bethesda, Maryland 20814

Phone: 800-248-0337
Fax: 301-576-8444
info@calvertimpact.org
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Calvert Impact Capital, Inc., a 501(c)(3) nonprofit and a subsidiary of Calvert Impact, Inc., offers the Community Investment Note. Calvert Impact Climate, Inc., a 501(c)(3) nonprofit and a subsidiary of Calvert Impact, Inc., offers the Cut Carbon Note. The Community Investment Note and Cut Carbon Note are subject to certain risks, are not mutual funds, are not FDIC or SIPC insured, and should not be confused with any Calvert Research and Management-sponsored investment product. The Community Investment Notes and the Cut Carbon Notes are debt securities subject to the terms, conditions and risks described in the current prospectus, prospectus supplement(s) and pricing supplements, as applicable, including risk of possible loss of the amount invested. Payment is dependent on the issuer’s financial condition at the time payment is due. Any decision to invest in these securities through this Site should only be made after reading the applicable prospectus, prospectus supplement(s) and pricing supplement or by calling 800-248-0337.

This is not an offer to sell you our securities and we are not soliciting you to buy our securities. The offering is made solely by the Prospectus. We will offer and sell our securities only in states where authorized.

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