Category Archives: Nonprofit Activities

Crowdfunding for PACE in New Jersey

JCloudStorerSmThe challenges we face in New Jersey as a result of climate change are significant, and so therefore are the opportunities. The experience of Superstorm Sandy showed us just how ill-prepared we are for the more frequent recurrence of extreme weather; and how important it is that we set an example for taking action to mitigate our own greenhouse gas emissions, as other states are doing around us. And there’s also no doubt about the urgency of it — as you can see from this remarkable video:
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Preparing to Launch Our NJPACE Crowdfunding Campaign

NJPACEOrg-logoDG-MakeaDonationDeveloping our crowdfunding campaign is giving us an extraordinary opportunity to explore using PACE to revitalize New Jersey communities. By itself, PACE is an innovative business model that creates jobs and economic development while providing the ultimate tool to finance energy efficiency and renewable energy projects on private properties. But leveraging PACE for community development is where the real payoff is, that is to say, for the benefit of the community as a whole.

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1st Annual Year-End Appeal

Now that we have our 501c3 designation, we’re asking for your financial support. We have just a couple of days for you to make a tax-free contribution this year, so we’d like to suggest that you do so as a way of expressing your faith, your commitment, and your support of our mission.

We’re not just about a good idea whose time has come. We’re about making it a reality here in New Jersey, and in doing so transform our built environment. And this is the ideal place to do it — an older northeastern state, with many declining cities and older suburbs, and enormous opportunities for revitalization. So we’ve put more an enormous effort over the past year into developing a state-wide NJPACE program, and bringing PACE to a number of specific New Jersey communities in 2014.

But we can’t do this alone. We created the Center for Regenerative Community Solutions to be the nonprofit umbrella for the education, the development of tools and alliances, and the administration of this program, so that the industry, the property owners, the lenders, and the municipalities could take advantage of the benefits that NJPACE offers them. Our goal is to raise $350,000 in order to create this opportunity for our state, as other groups are doing elsewhere in the country.
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CRCS / New Jersey PACE Receives 501c3 Designation

The IRS has just issued its letter approving our request for 501c3 tax exemption, which now makes it possible for us to accept (and issue receipts for) tax-deductible donations, apply for foundation grants, and conduct other fundraising activities. CRCS, the parent organization for the nonprofit New Jersey PACE program, is now ready to undertake its first administrative and educational initiatives on behalf of municipalities in New Jersey. (For more details on NJPACE, please visit www.NewJerseyPACE.org.)

Many organizations may take this approval for granted, but since we worked pretty hard to get it we do not. The process of obtaining the IRS approval included an intensive discussion of our goals and methods of operation. Here’s part of what we told them, by way of a description of our mission and purposes.

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