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Launched in 2019, the Youth Power Fund is a network of foundations and individual donors committed to creating more equitable, just, and effective social, economic, and political systems in the Greater San Francisco Bay Area.
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.
The idea of guaranteed income has a long history but its modern, progressive origins in the U.S. are rooted in the racial and gender justice movements of the 1960s. Guaranteed income (GI) is a cash payment provided on a regular basis to members of a community with no strings attached and no work requirements.
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.
Investing in youth to successfully navigate their recovery from the harms of COVID-19 is a key principle of NCG’s Equitable Recovery Framework. This summer, Northern California Grantmakers began supporting the work of the Generational Recovery Fund (GRF), a pooled fund dedicated to the recovery of Bay Area youth, with a focus on supporting Black, Indigenous, and People of Color youth.
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 Bay Area Homelessness Funders Network provides philanthropy a space for strategic thinking and intersectional opportunities for collective action. Learn more about engaging with the network here.