Community Arts Stabilization Trust
For General Operating Support
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Amount$150,000
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Program
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Date Awarded10/7/2014
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Term24 Months
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Type of SupportGeneral Support/Organization
Strategies
Overview
Community Arts Stabilization Trust (CAST) is a new organization, founded in 2012 by the Kenneth Rainin Foundation in partnership with Northern California Community Loan Fund. Its mission is to create stable physical spaces for arts and cultural organizations to facilitate equitable urban transformation. CAST employs three strategies to address arts organizations' real estate needs: 1) acquiring new properties for purchase, then leasing to arts tenants, 2) master leasing and bundling opportunities for multiple arts groups, and 3) space matching using an enhanced Bay Area Performing Arts Spaces. CAST also provides significant capacity building and technical assistance to tenants. In addition, CAST will launch a $2 million Nonprofit Displacement Fund with the San Francisco Arts Commission and Northern California Community Loan Fund.
About the Grantee
Grantee Website
cast-sf.org
Address
447 Minna Street, 4th Floor, San Francisco, CA, 94103, United States
Grants to this Grantee
for general operating support
Community Arts Stabilization Trust purchases and leases physical space for arts and cultural organizations in San Francisco and Oakland. It provides financial vehicles, capacity building, and technical assistance that enable arts entities to sustain the creativity necessary to promote vibrant and stable neighborhoods. This grant to Community Arts Stabilization Trust advances the Infrastructure component of the Performing Arts Program’s strategic framework by acquiring and preserving space that benefits communities, artists, and youth.
for general operating support
Community Arts Stabilization Trust (CAST) purchases and leases physical space for the use of arts and culture organizations effected by the rising costs of real estate in San Francisco and Oakland. It provides financial vehicles, capacity building, and technical assistance that enable arts entities to sustain the creativity necessary to promote lively and stable neighborhoods. This grant to CAST advances the Infrastructure component of the Performing Arts Program’s strategic framework by acquiring and preserving space that benefits communities, artists, and youth.
