PALMETTO, FL – January 2, 2019 -- ReelCycle, Inc. - a 501(c)(3) nonprofit focused conservation programs which offer real world sustainable solutions to preserve and restore the marine environment – announced today that it is changing its corporate name to Coastal Impact Fund, Inc. The name change reflects the company's broader conservation commitment and its passion for driving the innovations needed to shape the future of long-term positive effect on coastal and marine resources.
"The new name – Coastal Impact Fund – allows us to emphasize our expanding marine conservation objective with the goal of providing capital, equipment and creative solutions to projects," said Devin Sanderson, President of Coastal Impact Fund. "Through collaborations with our partners, we look forward to leverage the resources and efforts that enhance our world's waterways and marine environment."
Coastal Impact Fund will continue ReelCycle’s project initiatives with crap trap removal and recycling, monofilament fishing line recovery, and other great projects. In conjunction with the name change, the Coastal Impact Fund will be introducing a number of new project initiatives including micro-grants, blue carbon awareness, and other projects that meet the standards of conservation, sustainability and financial responsibility with the goal of preserving and restoring the marine environment.
The new name is effective immediately, and will be implemented across the nonprofit’s services.
About Coastal Impact Fund
Coastal Impact Fund, Inc., a 501(c)(3) nonprofit, provides thought provoking conservation programs which offer practical, real world sustainable solutions to preserve and restore the marine environment.Coastal Impact Fund provides capital, equipment and creative solutions that make environmental and economic sense on impactful, and cost-effective projects that will have a long-term positive effect on coastal and marine resources.Coastal Impact Fund partners with non-profit organizations, businesses, trade associations, individuals and governmental organizations through collaborations to leverage the resources and efforts that enhance our world's waterways and marine environment.Please visit us at