Sol Purpose was established to provide long-term financial support to the Bard Prison Initiative (BPI), one of the most acclaimed educational institutions in prisons in the United States. Upon its founding by BPI Founder and Executive Director Max Kenner, Sol Purpose has created a new model for impact investing. Together with financial partners, corporations, governments, and philanthropists Sol Purpose will use this model to create innovative solutions to some of today’s seemingly intractable social, economic and environmental challenges.
Sol Purpose projects will:
- Enable commercial partners to achieve market returns, meet corporate sustainability and social responsibility objectives, and address energy management goals at once, without sacrificing the interests of one goal for another.
- Empower government to maximize the value of public assets, save taxpayer money, and promote renewable energy projects all while facilitating funding for public interest programs that may otherwise be neglected.
- Provide direct long-term funding for philanthropies, sustaining essential work in the non-profit sector for decades at a time.