Leonardo DiCaprio’s Foundation announced its biggest-ever portfolio of grants, dedicating $20 million to organizations with innovative solutions to combat climate change.
At the top of the list is RE-volv, a nonprofit focused on expanding access to affordable solar energy for nonprofit organizations around the country.
Half of RE-volv’s $120,000 grant from LDF is dedicated to matching contributions into RE-volv’s unique solar crowdfunding platform. That means people’s dollars can go further by partnering with Leonardo Dicaprio to bring the benefits of solar to community-serving organizations.
RE-volv supports solar energy projects for nonprofits that lack access to financing options. An estimated 1.5 million nonprofits in the U.S. face financial barriers to obtaining solar power, as they do not qualify for solar tax credits or are too small to attract traditional investors. RE-volv bridges this funding gap for organizations that provide valuable public services to vulnerable communities, including homeless shelters, schools, community centers, and houses of worship. …