Renewable Social Benefit Funds, L3C
Renewable Social Benefit Funds, L3C (RSB Funds), is an alternative energy company focused exclusively on bringing solar power to hospitals, schools, low-income housing projects, water districts, universities, airports, municipalities and other governmental and tax-exempt entities.
RSB Funds was formed as an L3C – a Low-profit, Limited Liability Company. An L3C is run like a regular business, and is profitable. Yet unlike a standard LLC, an L3C’s goals are primarily charitable.
As an L3C, we are able to assist tax exempt entities by freeing up much needed funds from electrical overhead expense to be allocated to core programs. Our funders and investors share our social mission and allow us to make a greater impact by focusing exclusively on bringing clean energy to the nonprofit/tax-exempt sector.
We ensure a win-win for both the nonprofit host and the investors, making solar projects not just beneficial for the environment, but beneficial for all parties. We pride ourselves on operating with 100 percent transparency — all parties including the nonprofit, investors and other influencers are fully aware at all times of how the transaction will unfold and the benefits that will be received by all.
RSB Funds is a trusted solar partner that provides guidance to our tax-exempt partners and investors every step of the way — from the initial decision, to installation and operation, and finally, when appropriate, exit.