CGreenFund
CGreenFund is in the process of organization. Watch this web site for further developments.
Here is a description of its goals and proposed plan of operation.
Overall Goal:
The overall goal of CGreenFund is to provide expertise and funding for alternate energy systems. There are tax incentives for residential and commercial customers, but nonprofit organizations pay no income tax, making these incentives inapplicable. Yet nonprofits – especially nature and conservation oriented organizations – present a group of organizations that are eager to incorporate alternate energy systems into their operations and programs. CGreenFund is designed to assist these organizations.
Services to be rendered
CGreen Fund intends to offer free services to qualified nonprofits to assist them in formulating and implementing alternate energy goals. These include:
- Technology evaluation
- Site selection
- Pricing assistance
- Financial forecasts
- Assistance in obtaining financing
- Assistance in obtaining necessary regulatory approvals
- Grant writing assistance
- Fundraising assistance
In addition, as funds are raised CGreenFund would make direct grants – generally in the form of “challenge” grants to pay for installations to eligible 501(c)(3) organizations
Partnering on Projects
CGreenFund intends to “partner” with 501(c)(3) organizations, obtaining donations in-kind as well as cash donations to finance projects. In some cases it might be possible for the organization to borrow or to lease the system. CGreenFund hopes to work with banks, leasing organizations and others in obtaining project financing for nonprofits.
About our Principals
This project is being promoted by John F. Woyke and Charles Stackhouse, but when qualified will be independently managed by a separate board and unaffiliated with any service provider. John and Charlie are principals of Home Equity Management, Inc. a property management company.
The Team at Home Equity Management
From Left To Right: Paul McCue, Nancy Liskiewicz, John Woyke, Charlie Stackhouse, Donna Douglas, Jim Yvilsaker