Nonprofit Displacement Project News
This feature article by Inside Philanthropy reminds colleagues in the sector of the ongoing pressures caused by nonprofit displacement. NCG, together with The San Francisco Foundation and other partners, established the nonprofit displacement crisis as a regional issue with the release of our report last year. This article highlights the Nonprofit Displacement Project briefings and report.
The Bay Area’s real estate boom is on full display from our office windows. The dizzying new Salesforce tower gleams over the city, and smaller skyscrapers are quickly sprouting up in the blocks around it. Across the Bay, Oakland is seeing historically low office vacancy rates and, like San Francisco, skyrocketing rents. Developers in Oakland are renovating older buildings in downtown and uptown, many that have housed nonprofits, to convert into Class A office properties. All of this construction will create new market rate office space and will likely continue to attract more companies to our region.
The Kenneth Rainin Foundation is not alone in wondering how to make more of its dollars and influence to help organizations stay put as rents continue to soar across the Bay Area. Hear from Shelley Trott at the Kenneth Rainin Foundation on the story of its big bet, the risks they took, and the payoff for Bay Area arts organizations.
More than 40 years ago, changes in federal funding practices undermined nonprofits dependent on those funds to maintain steady cash flow and financial stability. To address this, a group of local funders...
Whether you’re living, moving, hiring or solving, it’s hard to argue that anything more urgently defines our region than the housing crisis. Our friends at the David and Lucile Packard Foundation put together this snazzy graphic on the levers and landscape for affordable housing from philanthropic investment to development to percentage of income spent on housing.
What do you get when you set four top-performing bankers from Hong Kong, London, Luxembourg, and San Francisco on a three-week sprint to map the next leg of the Bay Area’s efforts to secure space for its prized nonprofits? A welcome strategy for shoring up resources, a gentle nudge away from the usual suspects, and a snazzy PowerPoint to show the way.