SOLARCO PHILANTHROPIC PROPOSAL a partnership with LEIGH MCKENZIE & AUSTIN SHVARTS
Dec 21, 2015
COMPANY BACKGROUND
We are SolarCo – a solar power company headquartered in Philadelphia. Our company designs, installs, and sells solar energy systems to residential and commercial customers. We currently serve PA, NJ, NJ & MD.
Our corporate mission is to make clean energy available to homeowners and businesses at a lower cost than traditional energy sources.
TEASER
As a triple bottom line company, we believe very strongly in a business model that focuses on people, planet and profit.
A partnership with Habitat Philadelphia will undeniably benefit the people and planet aspect, while profits will come in the future.
RECOMMENDATION
We will donate 2.5% of SolarCo’s pre-tax profits to buy and install solar panel systems on new Habitat Philadelphia houses, which will help us improve employee relations and gain positive publicity.
CHARITY PROFILE
Habitat for Humanity Philadelphia
Services Building simple, decent and affordable housing
Headquarters Philadelphia, PA
Year Founded
1985
Mission To transform lives and our city by building quality homes in partnership with families in need.
Local Impact Habitat Philadelphia has built 168 homes
Financial Efficiency
• 84% of funds directly benefit its programs & services• 7.0% of funds are assigned to fundraising costs• 9.0% of funds are assigned to administrative costs
Source: Habitat Philadelphia Annual Report 2012
ORGANIZATIONAL SYNERGIES
Attach our name to HFH, resulting in positive publicity
Operate in Philadelphia
HFH seeks cost-efficient energy
solutions
SolarCo BothHabitat for Humanity
Environmental Sustainability
PROPOSAL ‘ROAD MAP’ FOR 2014
Donate - purchase and donate solar panel systems (tax-deductible contributions)
Volunteer – SolarCo employees will install the systems (strengthen loyalty)
Educate – sponsor unveiling events to teach the community about solar power
Publicize – news and social media(improves brand awareness & reputation)
FINANCIAL INVESTMENT
Impact: $8,000 solar panel system per house (parts & labor)
5 houses in 2014 - $40,000
• As profit grows, we will help more families each year
• 8 installations in 2016• 10 installations in 2017
Positive publicity will drive new customers, higher revenuesand profits
2013 *2014 2015 est. 2016 est. $-
$500,000
$1,000,000
$1,500,000
$2,000,000
$2,500,000
SolarCo Pre-Tax Profit (current and forecast)
pre-tax profit
PROPOSAL SUMMARY
• Our corporate missions and values align
• Affordable and sustainable clean energy
• 5% donation will not hinder our growth
• Employee engagement opportunities
• Philanthropic team building • Educate community on solar energy
• Positive publicity from local news and social media will improve SolarCo’s brand awareness and reputation