SunForAll Awards Over $5.6 Million of Funding to San Diego Nonprofits

The second round of the SunForAll Solar Fund has awarded funding to five San Diego Nonprofit organizations for a combined $4,132,640 of solar projects. This amount added to our first round of SunForAll fund recipients adds to a total of $5,694,394 of solar funding!

SunForAll is a unique solar financing program for nonprofits created by CollectiveSun with lead investor BQuest Foundation, and other impact investors. SunForAll makes going solar easy and affordable with an innovative investment structure consisting of a Program Related Investment (PRI) that includes a grant plus low-interest loan to fund 100% of the up-front costs of nonprofit solar installations. With solar power, nonprofits can significantly lower operating costs and lock in energy savings for 25+ years.

How Does It Work?

The SunForAll program combines 3 components that add up to fund 100% of the solar installation cost:

1. A 18% philanthropic donation,
2. A 12% tax-like credit benefit for nonprofits,
3. A 70% loan with 1.9%, 10 year terms.

 

Learn about how the SunForAll Solar Fund is having an impact on our community and the environment, and how you can get involved!

Mission: Seeking to put God’s love into action, San Diego Habitat for Humanity brings people together to build homes, communities, and hope.

Habitat was founded on the conviction that every man, woman and child should have a simple, decent and affordable home to live in dignity and safety.

About the Organization: San Diego Habitat’s affordable homeownership programs serve families for whom safe, stable housing is out of reach. In addition to building new homes, Habitat provides repairs that make homes safer, healthier, and more efficient. In this way, we help neighborhoods become stronger, more vibrant places to live. Homeowners partner with us to build, and pay an affordable mortgage or contribute towards the cost of repairs. Our work is possible because of volunteers, donors, government funds, and from sales generated from the ReStores, our home improvement retail centers. We also aim to increase sector impact by influencing the way agencies, businesses and nonprofits think about housing issues and how best to address them.

Mission: Protect the joy of childhood. Prevent emotional suffering. Incite change.

About the Organization: Founded in 1887, the San Diego Center for Children (the Center) is San Diego’s oldest children’s nonprofit, providing comprehensive behavioral health programs and services for children and families struggling with mental, emotional, and/or behavioral health challenges. With eight program sites located throughout the county and partnerships with local organizations and schools, the Center empowers more than 1,000 youth and families each day to live joyful and healthy lives through meaningful and effective programming.

Mission and Organization Description: Our mission is to break the cycle of poverty by preparing underserved students to be the first in their families to go to college through after school programs that begin in third grade. We are an after school programming working with students and their parents to prepare kids to be competitive college applicants starting in 3rd grade. We focus on tutoring, behavioral development, and college knowledge as well as provide resources and workshops to parents.

Mission: To support those affected by and at risk of child abuse and neglect, through a range of programs and services that promote healing, growth, and healthy relationships.

About the Organization: Casa de Amparo was founded in1978 and since inception has been providing supportive services to San Diego County residents who have suffered the trauma of child abuse and neglect. For over 40 years the organization has adhered to its mission: to support those affected by and at risk of child abuse and neglect through a range of programs and services that promote healing, growth and healthy relationships. Casa de Amparo’s goals are to stop family violence, prevent behaviors which endanger children and implement trauma-informed programs that further the mission of the organization.

Mission: The mission of San Ysidro Health is to improve the health and well-being of the communities we serve with access for all.

About the Organization: San Ysidro Health is a non-profit organization committed to providing high quality, compassionate, accessible and affordable health care services for the entire family. The organization was founded by seven women in search of medical services for their children.  Over fifty years later, San Ysidro Health now provides innovative care to more than 107,000 patients through a vast and integrated network of 41 program sites across San Diego County with a staff of over 1,400+ employees located in San Diego County’s impoverished and traditionally underserved communities. San Ysidro Health is one of the largest and longest serving community health centers in San Diego County and is currently the largest safety net provider in the county’s South Region.