Kenneth Rainin Foundation Awards $3 Million to Arts Real Estate Organization
Submitted by Monica on November 8, 2017
Kenneth Rainin Foundation announced $3 million in additional funding for the Community Arts Stabilization Trust (CAST), an 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, as well as continue its work in San Francisco.
Read the full announcement from the Kenneth Rainin Foundation.