Community Arts Stabilization Trust
For General Operating Support
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Amount$225,000
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Program
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Date Awarded10/18/2016
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Term36 Months
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Type of SupportGeneral Support/Organization
Strategies
Overview
Community Art Stabilization Trust (CAST) was 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 also provides significant capacity building and technical assistance to arts tenants. Renewed funding will allow CAST to continue its work to acquire 100,000 square feet of space for long-term/permanent use by artists and arts/culture organizations in San Francisco and Oakland, as well as create a San Francisco cultural facility map, and provide technical assistance to the field.
About the Grantee
Grantee Website
cast-sf.org
Address
70 Otis Street, San Francisco, CA, 94103, United States
Grants to this Grantee
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.
for general operating support
Community Arts Stabilization Trust (CAST) was founded in 2012 by the Kenneth Rainin Foundation, in partnership with Northern California Community Loan Fund (now known as Community Vision Capital & Consulting). Its mission is to create stable physical spaces for arts and cultural organizations at risk of displacement, and in doing so mitigate the effects of gentrification caused by urban development. CAST also provides significant capacity building and technical assistance to arts tenants. Since its founding, CAST has secured 39,000 square feet, at four locations in San Francisco, for arts and culture organizations, with another 124,000 square feet in the development pipeline in San Francisco and Oakland.
