Betsi Isay: Calvert Foundation
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This summer, I worked for the Calvert Foundation’s Lending and Advisory Services Team as a Summer Associate. The Foundation serves as a non-profit financial intermediary that provides investors with innovative financial products that channel affordable capital to underserved communities around the world. If I had to summarize my internship in one sentence, I would say that I assisted in managing the lending side of a $110 million portfolio that consists of non-profit organizations around the world with a social mission. I worked on a range of projects including doing the due diligence, credit and risk analysis for a number of potential borrower non-profits, updating the Foundation’s risk management framework and analyzing (in both qualitative and quantitative terms) the social impact our investments were generating. I absolutely loved working with my team, which consisted of Investment Officers and the Director of Lending and Advisory Services. The range of projects I worked on and the level of responsibility I was given to manage these projects as well as my own time were invaluable parts of the internship.
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More 2007 Summer Internships »

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I worked with Save the Children and their investment committee on the management of their long-term endowment funds. In this role I analyzed investment returns, worked to improve the monthly reporting to the investment committee, performed due diligence visits with account managers, and managed the organization’s investment consultant search process. I had the opportunity to work with the organization’s CFO, the chairman of its investment committee, and individual members of the committee including one who teaches a course here at the Yale School of Management. The internship was a fantastic experience and provided great exposure to endowment management and the many obstacles which smaller endowments face in effectively managing their investment capital.