Community Vision Capital & Consulting
For The Nonprofit Space Capital Fund
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Amount$40,000
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Program
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Date Awarded11/24/2010
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Term12 Months
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Type of SupportProject
Overview
Northern California Community Loan Fund (NCCLF) provides technical assistance, grants, and low-interest loans for facility projects by Bay Area organizations including arts organizations. In 2003 and 2004, the Foundation awarded NCCLF a total of $3.5 million to provide individual technical assistance and grants to performing arts facility projects. This Hewlett Foundation-funded initiative, with the counsel of a thirteen-member advisory committee, awarded $3.2 million in grants to eighteen facility projects in San Francisco, Berkeley, Oakland, Vallejo, and Sonoma. The balance was allocated for the administrative costs to design and implement the program. While the funds have been expended, the facility projects continue to benefit from technical assistance that NCCLF provides as they seek to maintain and operate their buildings efficiently. With supplemental funding to 2006-8108 NCCLF will be able to continue providing valuable technical assistance to Hewlett grantees considering or undertaking new capital projects. ($40,000 / 1; 60% of Project budget)
About the Grantee
Grantee Website
www.ncclf.org
Address
870 Market Street, Suite 677, San Francisco, CA, 94102-3024, United States
Grants to this Grantee
for consulting and training programs for arts organizations
Community Vision Capital & Consulting is a community development financial institution that provides affordable financial products and consultant services to nonprofit organizations throughout Northern California. It has expertise in community development, nonprofit management, and financial analysis, and specializes in increasing the sustainability of organizations that are facing displacement or considering facility projects — services that are particularly important given the high cost of real estate in the San Francisco Bay Area. Continued support for the consulting and training programs of Community Vision helps advance the Performing Arts Program’s overall strategic framework.
for general operating support
The Northern California Community Loan Fund is a nonprofit that provides financial expertise and loan capital to organizations serving low-income communities in Northern and central California. The fund’s mission is to promote economic justice and alleviate poverty by increasing the financial resilience and sustainability of community-based nonprofits and enterprises. Through a variety of workshops and one-on-one engagements, the fund helps organizations understand their financial position and business models, offers audit preparation and advice on budgeting, and assesses their debt capacity.
