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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.
Research supports arts education integrated into traditional classrooms and Career and Technical Education (CTE) programs for growing industries.CTE is a viable and growing partner with the arts in...more
The Seattle Black Film Festival (SBFF) is back once again to bring Seattleites a taste of Black cinema from local, national, and international filmmakers.The documentary is composed of interviews of...more
Foundation: Arkansas Community Foundation
The Faulkner County Urban Farm Project (UFP) has been awarded three competitive grants totaling $3,600 so far in 2025.The grants will bolster its efforts to address food insecurity and promote food...more
Jamestown Tarp Skunks Announce 2025 Season Schedule.The Perfect Game Collegiate Baseball League team will begin their season at home against the Batavia Muckdogs at 6:30 p.m., May 29.July 25th's show...more
Lincoln Commons will be a community gathering space in central Sioux Falls.The project is the first step in a multipronged partnership to turn a green space into a neighborhood asset.The goal was to...more
Preparations Underway for 13th Annual Warren Gives Event.The annual 16-hour online donation event set for Wednesday, May 14th, starting at 6:00AM.This year's event features 110 participating...more
The Community Foundation of Teton Valley is thrilled to announce 2025 Competitive Grant Awardees.Awardees gathered at the Teton Geo Center to celebrate the $85,000 granted to support critical...more
Foundation: Community Foundation of Greater Greensboro, Cemala Foundation
Residents are being invited to provide input regarding the "vision for the Future of Downtown Greensboro" The Thrive35 Vision Plan that's now under discussion will take community suggestions into...more
Coastside Gives aims to raise $1.6 million and hit the 10-year mark in a big way.Event's strength lies in its collaborative nature, executive director says.Event also raises awareness about the wide...more
The Lawton Community Foundation is awarding $41,750 in scholarships to 19 high school seniors.The students, their parents, community partners and donors will be honored at a breakfast hosted by the...more
Social Entrepreneurship
Spotlight
Coat Design Saves Lives and Launches New Careers for Homeless People
Empowerment Plan is a nonprofit aimed at helping countless homeless people find jobs. To combat the country’s homeless crisis, the Plan hires homeless people and teaches them how to make coats for the homeless suffering on the streets.