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Crowdfunding campaigns give nonprofits access to solar power
Solar crowdfunding pioneer RE-volv recently announced that it is bankrolling two new community-centered solar PV installations for non-profits with match funding from the Leonardo di Caprio Foundation.
The two new solar crowdfunding campaigns are being led by college students in South Carolina and Pennsylvania participating in RE-volv's Solar Ambassadors training program.
If all goes well, enough capital will be raised to carry out solar PV instatllations for two local nonprofits that support underserved populations in their respective communities -- the Village of Arts and Humanity in North Philadelphia, Pa. and the Veterans of Foreign Wars Post 10804 in Little River, S.C.
The Di Caprio Foundation is also match funding the remaining funds needed for two RE-volv campaigns that started last week: Mission of Mary Cooperative in Dayton, Ohio and Project Home in Madison, Wis.
The di Caprio Foundation in late 2017 donated $120,000 to Oakland, Calif.-based RE-volv in the form of a grant and announced a limited-time, match funding partnership.
"Climate Change affects every community, regardless of income or demographics, yet we do not see an equitable distribution of solutions,” said Gregory Lopez, Climate Program Director of the Leonardo DiCaprio Foundation. “We are pleased to continue supporting RE-volv in bringing affordable solar power to diverse communities across the country."
Leonardo DiCaprio Foundation supports community nonprofit solar projects with RE-volv
Crowdfunding campaigns give nonprofits access to solar power
Unable to claim federal tax incentives, nonprofits have been an underserved market for solar power.
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