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In the wake of recent violence in Half Moon Bay, Monterey Park, and Memphis I hope you are finding opportunities to collectively grieve and honor the lives of Asian, Latino, and Black community members tragically lost. At NCG we have been sitting with the heaviness of this grief. We extend empathy and solidarity to those who mourn the loss of loved ones and those supporting the injured to heal from these profoundly traumatic acts of violence.
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.
Investing in community-led real estate infrastructure is a powerful strategy that promotes the security of place, creates affordability, builds wealth, and supports Black and Brown leadership of community real estate development.
The Community Arts Stabilization Trust’s goal is to acquire 100,000 square feet of space for arts groups by the end of 2018 and expand its footprint in Oakland. Today, the Kenneth Rainin Foundation announced $3 million in additional funding for the Community Arts Stabilization Trust (CAST), a game-changing organization that protects San Francisco Bay Area arts and cultural organizations from displacement. This three-year grant will help CAST realize an ambitious goal to acquire 100,000 square feet of space for arts groups by the end of 2018. With this funding, CAST will expand and prioritize its work in Oakland to create permanently affordable spaces for arts organizations. The funding will also help CAST continue its work in San Francisco.
The recently finalized “public charge” rule forces families to choose between basic necessities, such as food, housing, and health care, and their future. NCG is proud to join 25 other California foundations in signing a letter urging the entire philanthropic community in California to join us in our recommitment to creating the inclusive California we know is possible, and to support advocacy and direct services organizations fighting to create safe and thriving communities across our state in the face of this new “public charge” rule. Read the letter, below.
Navigating the threat of wildfire is an ongoing reality of life in Sonoma County. From 2017 to 2020, fires burned more than 300,000 acres across the county, resulting in devastating losses to ecosystems, homes, communities, and human lives.
The American banking system is broken, and the evidence is unmistakable. From the recent failure of one of the largest banks in the U.S. to ongoing predatory products blanketing lower-income communities, it is clear that we are at an inflection point. Bank regulators currently fall into the familiar trap of trying to fix the symptoms such as banning certain products, minor regulatory modifications without fixing the root causes of structural inequities. This results in repeated crises usually requiring taxpayer-funded bailouts but no meaningful change of the system. We must find better opportunities to address staggering losses of wealth through failures in the banking system while also building new structures that support economic equity and help build and preserve more local community wealth.