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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.
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.
I am so invested in Black liberation work and always trying to figure out how to move my institution towards this vision. In particular, I keep hearing recently that philanthropy has a role in the reparations movement. My question is where do I start to engage my institution (a small and mighty family foundation) on reparations and the land rematriation efforts. All the questions- who, what, where, when, how?
CCJFG is creating a three-part podcast, Funding the Yes and we are proud to share the first episode with you! Funding the Yes asks the question: What does funding the yes look like within intersectional aspects of social and racial justice movements? Through conversations amongst funders and movement partners, we focus on strategies to fund building a more just future for our communities and ending systems of injustice. Each episode is co-created by CCJFG members and movement partners.
In a 6-3 vote, the Supreme Court of the United States’s ruling on Dobbs v. Jackson Women’s Health Organization struck down both Roe v. Wade (1973) and Planned Parenthood v. Casey (1992). This landmark decision eliminated a person’s constitutional right to abortion and reverses 50 years of federal abortion protection.
How can corporate philanthropy be responsive to the demands of this moment? It's a question rooted in the very nature of a capitalist economic system, where corporations focus on maximizing returns exacerbates inequities. Into that mix, corporate foundations and champions of social responsibility mobilize their companies’ resources and talent to restore community balance and advance social good.
There is a new opportunity to allow Oakland residents the chance to participate in elections with a public campaign financing program. The initiative is modeled off of a similar, successful effort in Seattle. In the 2022 mid-term election, voters have a role in supporting this effort to combat large corporate and interest group campaign financing – passing this proposition is a vital step toward democratizing campaign funding.