By Kelly Pickerel | July 21, 2017
Located in Woodbourne, New York, the Sivananda Ashram Yoga Ranch is an educational facility that teaches yoga to instructors who come from across the world to learn. The Yoga Ranch promotes yoga not only as a tool for peace, but as a way to connect people to each other and the environment. As part of those teachings, the ashram has always worked to be as sustainable as possible in all areas of its operation, including on-premises food production and teaching attendees how they can help the planet. The ranch’s new 93-kW solar carport perfectly aligns with that long-standing commitment and will offset virtually all of the ashram’s electrical needs.
As a foundation director, you’re focused on the impact you can make with your foundation’s dollars. You work hard to select recipients who have both the greatest need and the most potential for successful implementation (AKA, the highest possible impact).
The trend of divesting from fossil fuels and turning to clean energy investments instead has certainly grown in recent years. As these investments originated from concern for the environment rather than traditional financial return objectives, serious investors may wonder if these investments that are “benefitting society” still earn the same level of return on investment.