PEOPLE'S SOLAR ENERGY FUND, INC. PROVIDES NON-EXTRACTIVE FINANCING, TECHNICAL ASSISTANCE AND BULK-PURCHASING DISCOUNTED SERVICES TO BUILD A SCALABLE SYSTEM OF SUPPORT FOR COMMUNITY-LED AND COMMUNITY-OWNED SOLAR PROJECTS. THE EMPHASIS IS ON PROJECTS BENEFITING LOW- OR MODERATE-INCOME COMMUNITIES AND COMMUNITIES OF COLOR, CONTRIBUTING TO CLEANER AND MORE AFFORDABLE ENERGY, JOB CREATION, COMMUNITY ASSET DEVELOPMENT, AND A MORE DEMOCRATIZED ENERGY SYSTEM.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$2.6M
+64.4% YoY
Annual Giving
$63K
+425.0% YoY
Grant Count
8
+700.0% YoY
Avg Grant Size
$8K
-34.4% YoY
About People's Solar Energy Fund
Based on IRS filings
People's Solar Energy Fund is a nonprofit organization focused on Public, Societal Benefit, based in PITTSFIELD, MA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $2.6M in total assets. In 2024, it awarded 8 grants totaling $63K. Net investment income was $17K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $2,595,766 | $1,579,408 | $934,788 |
| Revenue | $1,580,199 | $1,254,539 | $754,677 |
| Expenses | $1,039,554 | $628,965 | $676,891 |
| Qualifying Distributions | — | — | — |
| Net Investment Income | $16,942 | $4,586 | $400 |
| Distributable Amount | — | — | — |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 8 recipients in 2024
Grant Size Distribution
10 grants across all recorded years
Open Grants
7 open opportunities from People's Solar Energy Fund
Bridge Loan Program
PEOPLE'S SOLAR ENERGY FUND
Amount
Varies
Deadline
Rolling / Open
CBSC Mini-Grants
PEOPLE'S SOLAR ENERGY FUND
Amount
$2,000 - $5,000
Deadline
Rolling / Open
Communities Building Solar Capacity (CBSC) Program
PEOPLE'S SOLAR ENERGY FUND
Amount
Varies
Deadline
May 15, 2026
Giving History
Grant recipients and amounts by year
No grants recorded for .
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| MMAKGANTSI MAFOJANE | EXECUTIVE DI | 40 | $165,577 |
| MILLARD OWENS | CO-DIRECTOR | 40 | $144,896 |
| ALISON ANDREWS | CO-CHAIR | 2 | — |
| AMY BETTLE | CO-CHAIR | 2 | — |
| TIMOTHY DENHERDER-THOMAS | DIRECTOR | 1 | — |
| CRYSTAL HUANG | TREASURER | 2 | — |
| STEPHANIE JOHNSON | SECRETARY | 2 | — |
| JOSEPH MCNEIL | DIRECTOR | 1 | — |
| MELA MILES | DIRECTOR | 1 | — |
| POUYA NAJAMAIE | DIRECTOR | 1 | — |
| SHIMEKIA NICHOLS | DIRECTOR | 1 | — |
Subject Areas
Focus areas based on grantmaking activity
Data last updated April 2026. Sourced from IRS Form 990-PF filings.
What could you do with People's Solar Energy Fund on Grantable?
- Assess strategic fit with your organization
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