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San Francisco, CA—Arts organizations are facing unprecedented challenges as they’ve suspended public programming to help our communities adapt to life-saving shelter-in-place orders. The Arts Loan Fund, managed by Northern California Grantmakers, has announced a COVID-19 Emergency Loan to support arts and culture nonprofits and fiscally sponsored organizations in the eleven Bay Area counties. Organizations can apply for these low-interest loans to cover basic expenses such as staff salaries, artist payments, rent, and other operating costs during this challenging time.
This month, NCG's Collaborative Philanthropy Coordinator, Krystle Chipman, sat down with the Loan Underwriter of the Arts Loan Fund and Principal of Padma Consulting, Margaret Southerland. Margaret shared why she believes the Arts Loan Fund (ALF) can be a game changer for arts nonprofits in the region.
NCG's longest-running fund, the Arts Loan Fund (ALF) is welcoming two new Co-Chairs! NCG's own Viridiana (Viry) Romero chatted with Ron Muriera and Denise Pate to talk about what's in store for the ALF, why it's unique, and how they are sharing power to support communities.
Find resource documents for completing your Arts Loan Fund application here.