RVA Solar Fund
The RVA Solar Fund, a donor advised fund at the Community Foundation, is seeking grant applications from nonprofits, local governments and public school systems in the greater Richmond region to fund transitions to solar energy.
This grant initiative was developed after a group of donors approached the Community Foundation to learn more about the use of solar energy in the Richmond region. After several sessions together, they collaborated to establish a donor advised fund offering grants to encourage the deployment of solar energy systems at public and nonprofit facilities.
Grantees will enter into a Power Purchase Agreement with our selected partner, Secure Futures, a Certified B Corp. Grantees will only pay for the electricity that is generated from the solar equipment that Secure Futures will install. Secure Futures will own and operate the solar panels. The fund will leverage private investment to catalyze up to 5 megawatts of clean power generated on public and nonprofit sites. Grant recipients will also enjoy no capital costs, no maintenance obligations, and guaranteed savings while reducing C02 emissions.
The RVA Solar Fund is currently offering grant funding for local nonprofits, local governments and public school systems. If your organization is interested and eligible for this grant (see details below), please submit your Notice of Interest (NOI) by Tuesday, January 15, 2019.
The Notice of Intent creates a point of contact and identifies potential sites for solar power installations. Organizations that submit a notice will receive a preliminary technical review and those with good solar power potential will be invited to obtain a comprehensive feasibility study and continue to the final grant application stage.
Additional details and instructions are available to help you manage this process: