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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.
San Francisco, CA -- Northern California Grantmakers today released a REPORT examining the effects of the 2017 North Bay Fires on the arts communities in three counties. Commissioned with funding from the William and Flora Hewlett Foundation, the report finds that artists have been profoundly impacted by the fires, due to physical and economic loss as well as emotional trauma, with the impact of the fires disproportionately felt among arts organizations serving communities of color in the region.
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.