NCG's Arts Loan Fund (ALF) Steering Committee is comprised of a diverse range of Bay Area funders, who are committed to the Arts. The committee convenes every four weeks to discuss issues impacting the Arts in Northern California and to review loan applications to determine awards to nonprofit arts organizations in the Bay Area.
At the February meeting, we will be reviewing one loan application and diving into a peer learning on the ecosystem of lenders and loan funds in the Bay Area.
Ecosystem of Lenders and Loan Funds
The Arts Loan Fund operates in a complex ecosystem of nonprofit financial institutions, private foundations, governments, and for-profit banks. Navigating this landscape can be tricky. This peer learning session will offer a broad overview of the lending ecosystem in the Bay Area, helping to demystify this multi-faceted landscape while contextualizing ALF’s role and impact in the greater nonprofit sector. Additionally, we will share insights from two national arts-focused loan funds and from several Northern California lenders to better understand some of the current trends affecting the loan landscape. We will also hear from Sarah Adeel at Kiva, who will offer a deep dive into the work her organization is doing around crowdfunded loans and the use of technology.
Sarah Adeel is the lead for Kiva Silicon Valley. As a Fulbright scholar and graduate of the Rhode Island School of Design, her research explored how prosperous and sustainable social structures take physical form through design. This exploration ultimately led to the foundation of LettuceBee Kids, an art-based social enterprise to that reintegrates street children into society. Sarah is also an Acumen and iCats fellow and an Igniter from Stanford.
ALF Steering Committee: Please log into your account to register for this meeting. First time on this website? Set your password.
These meetings are by invitation only. To learn more about joining the Arts Loan Fund, please contact Krystle Chipman, Collaborative Philanthropy Associate.
About the Arts Loan Fund
Since 1981, the Arts Loan Fund (ALF) has provided over 1,345 low-interest, quick turnaround loans totaling over $18 million, to arts organizations located in Alameda, Contra Costa, Marin, Monterey, Napa, Sacramento, San Mateo, San Francisco, Santa Clara, Santa Cruz, Solano and Sonoma counties, and individual artists in Oakland and San Francisco.
The Arts Loan Fund is housed at Northern California Grantmakers, and its committee is comprised of NCG members. The committee meets every six weeks to review loan applications and determine loan awards.