Pinnacle Community Benefit Fund Grant

The Pinnacle Community Benefit Fund Grant aims to support community-oriented projects around the Pinnacle Wind Farm in Mineral County, West Virginia. With a commitment of $50,000 upon commercial operation and ongoing funding, the grant empowers local citizens through a volunteer Allocation Committee. This approach ensures that funds are allocated effectively to enhance local initiatives, preserving the community's heritage and promoting sustainable development in Keyser, Elk Garden, and New Creek.

As a part of reaching the goal of the foundation, we are establishing various Community Benefit Funds as a way to enhance and support the communities in which we are involved.
Pinnacle Wind Farm at NewPage Community Benefit Fund
The community benefit fund associated with the Pinnacle Wind Farm at NewPage was established to provide funding to community-oriented projects in the area surrounding the Pinnacle Wind Farm at NewPage, which is located in Mineral County, West Virginia, just west of Keyser. This area includes Keyser, Elk Garden, and New Creek.
Funding Commitments
Pinnacle Wind, LLC has committed to fund this community benefit fund beginning when the project reaches commercial operation status. Since it is typical for projects of this type to change ownership between the development phase and the subsequent construction and operations phases, this commitment is transferable to and binding upon any future owners of Pinnacle Wind Force, LLC.
Pinnacle Wind, LLC has agreed to the following contributions to the Community Benefit Fund:

• $50,000 payable when the project begins commercial operation (year 1); $10,000 (additional) earmarked for historic preservation;
• $20,000 per year for the life of the project (beginning with year 2).
• Local Control

An important component of the Community Benefit Fund concept is local control. All grant/funding decisions will be made by a volunteer based Allocation Committee, which is made up of local citizens and community leaders. Its job will be to review grant applications and pick projects to recommend for funding.

Eligibility

The community benefit fund associated with the Pinnacle Wind Farm at NewPage was established to provide funding to community-oriented projects in the area surrounding the Pinnacle Wind Farm at NewPage, which is located in Mineral County, West Virginia, just west of Keyser.This area includes Keyser, Elk Garden, and New Creek.Nonprofit charitable organizations that are exempt from federal taxes under section 501(c) (3) of the IRS Revenue Code can apply for grant.