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03 Status of Silicon Valley Nonprofit Space & Facilities <br />Background The Bay Area economic boom is having dramatic, tectonic effects: <br />gdeepening income and opportunity disparities are placing nonprofit <br />and arts institutions at higher risk for displacement, further <br />threatening to undermine the unique, vibrant character and culture <br />that have been the legacy of our region for generations. While the <br />real estate boom generates revenue and opportunity for the Bay <br />Area, it places additional stress on nonprofits and the communities <br />they serve who are struggling to remain in their neighborhoods. <br />The kind of pressure the housing crunch is putting on individuals, is <br />also being placed on nonprofits looking for affordable space. This <br />has left many Bay Area nonprofits concerned about sustaining their <br />work in the face of rising office space costs in the region. <br />Effective solutions require the public sector, philanthropy, financial <br />institutions, and nonprofits to all be at the table. Northern California <br />Grantmakers' Nonprofit Displacement Project, which brings together <br />Bay Area partners from these sectors, was formed in response to <br />the ongoing threat to nonprofit sustainability posed by an unstable <br />and increasingly expensive real estate market. The project seeks <br />to support the long-term sustainability and capacity of nonprofit <br />organizations in the San Francisco Bay Area by creating and <br />preserving affordable, local space in fluctuating real estate markets. <br />The Nonprofit Displacement Project released the initial Regional <br />Nonprofit Displacement Report._in 2015, which looked at how <br />nonprofits across 6 Bay Area counties were coping with rising <br />competition for commercial real estate and the size of the threat to <br />all kinds of services from food banks to social services to the arts. <br />This report aided in gauging the severity of the inaccessibility of <br />affordable space in San Francisco and the East Bay, however there <br />were a limited number of survey responses received from Silicon <br />Va Il ey. <br />In order to gain a deeper understanding of the impact of the real <br />estate market on nonprofits in Silicon Valley and their concerns <br />about the future, NCG conducted a survey in May 2018 of nonprofits <br />The survey design was informed in San Mateo County and Santa Clara County. The findings of this <br />by Harder+Company Community survey will inform the Nonprofit Displacement Project as it develops <br />Research with data analysis responses to the issue, and will be used to engage local partners in <br />conducted by Izabel Costa da <br />Fonseca. advancing solutions. <br />NOPTHEHN <br />C [I FOR NIA <br />