Community Arts Stabilization Trust
For Capital Campaign Support
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Amount$1,000,000
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Program
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Date Awarded8/3/2016
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Term12 Months
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Type of SupportCapital Funds
Strategies
Overview
Community Art Stabilization Trust (CAST) was founded to create stable physical spaces for community-based arts and cultural organizations. CAST employs three strategies to address arts organizations’ real estate needs: (a) acquire new properties for purchase, then lease to arts tenants; (b) master leasing and bundling opportunities for multiple arts groups; and (c) provide significant capacity building and technical assistance to tenants. In addition, CAST has managed a $2 million Nonprofit Displacement Fund with the San Francisco Arts Commission and Northern California Community Loan Fund. A grant to Community Art Stabilization Trust will support the purchase or renovation of properties to address the real estate needs of community-based nonprofit arts groups in San Francisco and Oakland.
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.
