The Billion Dollar Green Challenge (The Challenge) encourages colleges, universities, and other nonprofit institutions to invest a combined total of one billion dollars in self-managed revolving funds that finance energy efficiency improvements. Participating institutions will achieve reductions in operating expenses and greenhouse gas emissions, while creating regenerating funds for future projects.
The Sustainable Endowments Institute, in collaboration with 16 partner organizations, has launched The Challenge to help nonprofit institutions achieve sizable energy savings through the use of green revolving funds.
Green revolving funds invest in energy efficiency projects to reduce energy consumption on campus and reinvest the money saved in future projects. The reason they are called “revolving funds” is because the funds loan money to specific projects, which then repay the loan through an internal account transfer from savings achieved in the institution’s utilities budget.
One Page Summary
Download a brief summary that explains The Challenge including partners and funders.
The Billion Dollar Green Challenge is guided by a distinguished and diverse 29-member Advisory Council.
Clean Air – Cool Planet
NewWorld Capital Group
National Wildlife Federation – Campus Ecology
Progressive Source Communications
Agnes Scott College
U.S. Environmental Protection Agency (EPA) – Green Power Partnership
|Silda Wall SpitzerNew World Capital||Bill MosesKresge Foundation|
Building Green Initiative
|Douglas I. Foy
American College and University Presidents’ Climate Commitment; Second Nature
Clinton Climate Initiative
U.S. Partnership for Education for Sustainable Development
|Holmes Hummel||Leith Sharp|
Rocky Mountain Institute
Vermont Law School
Vermont Energy Investment Corporation (VEIC)
Rebuild the Dream
In addition to generous support from our funders and sponsors, we would like to thank the following individual donors:
- John Chandler
- Neva Goodwin
- Scott McDonald
- Peter O’Neill
- Tiffany Schauer
- Anonymous Donors
Individual donors and foundations have provided the critical support needed to establish the Billion Dollar Green Challenge.
The Challenge is coordinated by the Sustainable Endowments Institute. The Institute is a Special Project of Rockefeller Philanthropy Advisors (RPA), however, we do not receive financial support from RPA.
We rely almost exclusively on the generosity of individuals and foundations. RPA is a 501(c)(3) nonprofit organization; therefore all donations to support the Billion Dollar Green Challenge are fully tax-deductible.
Support the The Challenge…
To make a donation using a credit card, use the secure system on the Rockefeller Philanthropy Advisors website.
Rockefeller Philanthropy Advisors
Attn: Sustainable Endowments Institute
6 W 48th Street, 10th Floor
New York, NY 10036
Other Ways to Contribute
If you are interested in giving stock or supporting our work through in-kind contributions, please contact Mark Orlowski, Executive Director, at the following email: email@example.com.