How are schools funding community-based projects?
January 26, 2017
While there are many innovative solutions for funding community-based carbon projects including alumni donations, crowdfunding, and corporate matching, this list below highlights two proven and successful programs.
University of Florida’s Neutral UF Coalition Program
University of Florida is “committed to improving the local community and local environment through [their] use of carbon offsets.” They created the Neutral UF Coalition program, which allows UF faculty and staff employees to voluntarily offset the carbon impact of their commutes to and from campus in the form of a post-tax payroll deduction of $1 per pay period. 100% of these contributions support local community-based projects, from energy-efficient improvements to planting native trees on conservation land.
Oberlin College’s Green EDGE Fund
Oberlin College wanted to “support projects that promote environmental sustainability within the Oberlin College & City community.” They set up the Green EDGE Fund, a Green Fee program supported by students through a $25/semester fee. The program generates about $125,000 each school year which helps, among other things, offset student transportation and create innovative, on-campus, afforestation projects.
Urban Offsets is currently working with schools across the country to validate new methods of funding your sustainability projects. If your school has used any of these types of funding or you have a new idea for funding, please let us know.