ET119 – Land Rich & Cash Poor: Innovative Strategies for Urban Nonprofits
Additional fee, registration required.
On this tour, you'll visit three churches and one nonprofit that leveraged creative partnerships—and some bold architectural decisions—to stay on their properties while meeting their financial needs.
The tour will investigate the reality that many urban churches and other nonprofit organizations are land-rich, but cash poor. Saddled with aging buildings, a smaller donor base, and historic district limitations, these organizations struggle to remain in their downtown communities.
You'll experience the creative approaches that brought success for Whitman-Walker Elizabeth Taylor Medical Center (2019); First Church of Christ, Scientist (2016); First Congregational UCC (2011); and Calvary Baptist Church (1866/1992).
On this tour, you'll visit three churches and one nonprofit that leveraged creative partnerships—and some bold architectural decisions—to stay on their properties while meeting their financial needs.
The tour will investigate the reality that many urban churches and other nonprofit organizations are land-rich, but cash poor. Saddled with aging buildings, a smaller donor base, and historic district limitations, these organizations struggle to remain in their downtown communities.
You'll experience the creative approaches that brought success for Whitman-Walker Elizabeth Taylor Medical Center (2019); First Church of Christ, Scientist (2016); First Congregational UCC (2011); and Calvary Baptist Church (1866/1992).
Learning Objectives
- Hear from representatives from the mission-driven building owners and discuss the impact that these organizations have on community welfare.
- Look at different financial partnership models that can be used to sustain nonprofit, community-serving institutions on historic sites.
- Ascertain the challenges facing long-lifecycle community institutions so that you can better advise clients on long-term facility and organizational resilience.
- Analyze and discuss historic building material failures and consider how repair or replacement decisions are made and phasing is planned.
- Jeremy Fretts, AIA, NCARB
Assistant VP, Policy+International Relations - NCARB