November 15, 2021

Shaking up the status quo

Focus On Philanthropy, ROI-NJ

It’s easy to talk about how, in crisis, philanthropic initiatives shine.

Here’s some testaments to that: Donated personal protective equipment supplies and the food and housing made available to those whose financial lives were thrown into chaos. Climate catastrophes and the swift philanthropic response to them make that list as well.

But Birju Pandya wants to broach a more difficult conversation: How is the investment path of philanthropic dollars sometimes part of the problem to begin with?

“When it comes to the big private foundations, they have to, as a rule, give away at least 5% of their assets every year with grants and charitable gifts,” Pandya said. “But those grants and charities might be solving problems that 100% of that money created — like an oil company foundation’s work to support environmental initiatives.”

At the very least, Pandya, who is linked to Mount Laurel-based real estate company Nessel Development and its renewable energy sister company Nessel Energy, argues it’s worth examining what gets neglected when it comes to philanthropy.

Contact Us

Now is the time to add solar as a tenant.

A combination of Federal and state-level incentives is creating a unique opportunity to earn high lease rates for solar on your property. Learn how Nessel Energy’s Rooftop Revenue Program℠ can benefit your organization.

Contact us using the form at the link below or by calling (214) 702-6623

nessel energy logo

Nessel Energy provides sustainable energy solutions for real estate owners and developers through our unique Rooftop Revenue Program℠. We leverage over 20 years of real estate experience across commercial, multifamily, and industrial properties to provide unparalleled energy advising and services. | 775.387.2613

Contact us.