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
5 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
Member Mini-Grants
PEOPLE'S SOLAR ENERGY FUND
Amount
Varies
Deadline
Rolling / Open
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Ashland Solar Cooperative ($10,000), Jc Legal Resources Center ($8,000), Hope Village Revitalization Cdc ($8,000).
| Recipient | Purpose | Amount |
|---|---|---|
| CLEVLAND OWNS CLEVLAND, OH | PROGAM SUPPORT | $6,000 |
| VILLAGE SOLUTIONS FOUNDATION IRVINE, CA | PROGAM SUPPORT | $7,000 |
| JC LEGAL RESOURCES CENTER MILWAUKEE, WI | PROGAM SUPPORT | $8,000 |
| HOPE VILLAGE REVITALIZATION CDC DETROIT, MI | PROGRAM SUPPORT | $8,000 |
| CENTER FOR SUSTAINABLE COMMUNITIES COMPTON, CA | PROGRAM SUPPORT | $8,000 |
| INDIANA ENVIRON CLEAN ENERGY FORT WAYNE, IN | PROGRAM SUPPORT | $8,000 |
| ASHLAND SOLAR COOPERATIVE ASHLAND, OR | PROGRAM SUPPORT | $10,000 |
| NATIVE SUN COMMUNITY POWER DEVLPMT MINNEAPOLIS, MN | PROGRAM SUPPORT | $8,000 |
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
Frequently Asked Questions
What is People's Solar Energy Fund?
People's Solar Energy Fund is a nonprofit organization focused on Public, Societal Benefit, based in PITTSFIELD, MA. It holds $2.6M in total assets as of 2024.
How large is People's Solar Energy Fund?
As of 2024, People's Solar Energy Fund holds $2.6M in total assets with $1.6M in annual revenue. It awarded 8 grants totaling $63K in 2024.
Where does People's Solar Energy Fund operate?
People's Solar Energy Fund has awarded grants in California, Indiana, Massachusetts, Michigan, Minnesota, Ohio, Oregon, Wisconsin.
What size grants does People's Solar Energy Fund award?
In 2024, People's Solar Energy Fund awarded 8 grants totaling $63K — an average of about $8K per grant, based on its IRS Form 990 filings.
What is People's Solar Energy Fund's EIN?
People's Solar Energy Fund's EIN (Employer Identification Number) is 84-3011433. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in People's Solar Energy Fund's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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