Honnold Foundation receives $5 million gift to launch capacity building program

Honnold Foundation receives a $5 million gift to launch a capacity building program

The Honnold Foundation (HF) was founded ten years ago by professional rock climber Alex Honnold with a mission to partner with marginalized communities to expand equitable solar energy access.

In the past three years, the Honnold Foundation has helped 48 Partners in over 20 different countries and territories use solar energy to build equity, increase climate resilience, and support communities’ right to self-determination. The foundation doubled its grantmaking this year to fund $2 million in solar energy projects.

PSYDEH is one of HF’s partners. This organization in the Sierra Madres mountain of Hidalgo, Mexico that works with women in indigenous areas. With support from HF and in direct collaboration with women leaders, PSYDEH is bringing five solar powered technology hubs to communities that previously lacked access to most Information and Computer Technologies, including the internet.

Another partner, Coalfield Development, is based in West Virginia’s coal country and dedicated to investing in neighborhoods that are facing barriers to prosperity. In 2020, HF funded a large-scale solar array for Coalfield Development’s West Edge community facility and supported a solar job training program. This year HF is helping Coalfield Development build solar on mine-scarred mountaintop sites.

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In recent news, the foundation announced that venture capitalist (VC) Peter Levine is providing a multimillion dollar gift over the next three years to launch the Levine Impact Lab in partnership with the Honnold Foundation. The lab intends to offer long-term support to organizations and individual leaders who otherwise might lack access to the best-in-class resources typically reserved for VC-funded startups.

“The repercussions of climate change are felt in every corner of the world with rising temperatures, increased frequencies of natural disasters, food and water insecurity, and economic disruption,” said Honnold. “Meanwhile, communities on the frontlines of the climate crisis are receiving the least amount of support, despite the best efforts of grassroots organizations and community leaders.”

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