Mark Orlowski Founder & Executive Director, Sustainable Endowments Institute A Special Project of Rockefeller Philanthropy Advisors The Billion Dollar Green Challenge invites colleges to invest a total of $1 billion in self-managed green revolving funds for energy efficiency upgrades. What is a Green Revolving Fund? Cost Savings Seed Funding GRF Green Projects Project Investments Operating Budget Why choose a Green Revolving Fund? • • • • • • Transforms expense into investment Alleviates pressure from tight budgets Institutionalizes a mechanism for reinvesting Performance Tracking Scalability Positive PR By the numbers • 76 institutions operating 79 funds • $111 million in self managed GRFs • 31 states and 2 Canadian provinces • Median annual ROI of 28% Growth of Green Revolving Funds: 1992-2012 N = 79 80 Number of Funds 60 40 20 0 Year Green Revolving Investment Tracking System (GRITS) Contact Mark Orlowski Mark@GreenBillion.org www.GreenBillion.org/resources