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"If your car is sitting in your driveway and you aren't using it, you have the opportunity to lend it to someone else who needs it at that time," says Garry Cooper, co-founder and CEO of Rheaply.
"That's essentially what my customers are doing but with power."
Cooper, who was pursuing a PhD in neuroscience at Northwestern University, noticed it was commonplace to toss out lab equipment that was still usable.
He started Rheaply, a resource exchange platform helping industry-leading organizations better visualize, quantify, and utilize their materials and resources, leading to more sustainability.
"It's something several alums of our Multicultural Innovation Lab, Morgan Stanley's in-house accelerator for start-ups with women and/or multicultural founders, are working hard to deliver, along with benefits to underserved communities," writes Megan McArdle at NBC News.
Among them: Lauren Flanagan, co-founder and CEO of Sesame Solar, a manufacturer of mobile, solar, and green hydrogen nanogrids that one person can set up in less than 15 minutes.
"I grew up thinking our government would take care of us during emergencies," Flanagan tells McArdle.
"I was shocked at how woefully unprepared we were for that disaster."
Rheaply,
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Selected Foundation News
A customized collection of news from foundations from around the Web.
Jennifer D.Barahona was appointed Deputy Secretary of the State of Connecticut in 2025.She has spent 29 years in the nonprofit sector in Fairfield County, Connecticut.In 2019, she joined Norwalk ACTS...more
Foundation: Luzerne Foundation, Wayne County Community Foundation
The University of Scranton welcomed a new cohort of students into its Nonprofit Leadership Certificate Program in January.The program seeks to support and advance nonprofit organizations through a...more
In the U.S., only about 20% of Jewish school-age children attend day schools.90% of those students attend Orthodox schools, according to a 2018-2019 census.Jewish day schools are often prohibitively...more
The Chicago Foundation for Women was launched in 1985 by four of Chicago's philanthropic leaders.The Women's Foundation of the South seeks to build partnerships with those closest to issues within...more
Foundation: Winona Community Foundation
The Winona Community Foundation is dedicated to improving the quality of life in the greater Winona area.The Foundation is deeply engaged in the industry of philanthropy.If you are interested in...more
Outer Banks Forever is the official nonprofit partner of Cape Hatteras National Seashore, Fort Raleigh National Historic Site and Wright Brothers National Memorial.The Director will operate with a...more
A former estate planning attorney, Chasen has served on the national boards of Lambda Legal and SAGE.Colgate Darden has a decades-long commitment to LGBTQ+ advocacy and philanthropy.Jessica Lam, a...more
Foundation: Ripley County Community Foundation
Ripley Youth Outreach (RYO) focused on promoting education in all aspects of philanthropy in local youth.The Ripley County Endowment for the Arts supported local art organizations creating...more
Mario R.Rossero is the new director of the Andy Warhol Museum in Pittsburgh.He started his career as an arts educator at the museum and as an art teacher in Shaler Area School District.The Washington...more
Concordia USD 333 will have a late start of 10 a.m.Morning Pre-K is canceled.OCCK Inc., Transportation Services plan to have regular hours, but additional changes may happen as conditions...more
Social Entrepreneurship
Spotlight
Plymouth Intern Launches Social Enterprise for Student Safety
Plymouth’s Entrepreneurship Centre intern, James Holden, launches Student Safety Ltd to keep students safe on the streets at night.