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THE SOLAR ENDOWMENT.

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Author(s): REEL, KEVIN
Source:
Independent School. Summer2013, Vol. 72 Issue 4, p64-66. 3p.

Additional Information
- Subject Terms:
  ENDOWMENTS; SOLAR energy; COLORADO Springs School (Colorado Springs, Colo.); FINANCING of private schools; SOLAR cells; ALUMNI contributions; ECONOMICS
- Subject Terms:
  UNITED States
- Abstract:
  The article looks at solar endowments, or a school's investment in solar energy that provides a financial return, and how the Colorado Springs School in Colorado used such an endowment to improve its financial stability. According to the author, the school has purchased approximately 1,300 solar panels, the costs of which are less than the financial market investments that would be needed to cover its utility bill. In addition, he states the solar endowment has attracted more alumni donations.

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