“Mission Investing” is a relatively new philanthropic concept that calls for investing in opportunities that help a foundation accomplish its mission.

The Gasser Foundation has taken advantage of the recent downturn in real property values to acquire properties occupied by Napa non profits and leased to them at rents that are lower than market, but bring a return to the Foundation equal to the return it would receive if it were invested in a portfolio of securities.

Nightingale Respite Center

In 2016, the Gasser Foundation has turned over the keys for the Nightingale Respite Center to Catholic Charities. Catholic Charities’ Shelter and Housing Department will operate the Nightingale Center at 1950 Jefferson as a medical respite center for patients from the Queen of the Valley and St. Helena hospitals that can be discharged but have no place to continue recovery. It is critical that clients be released to a safe and stable environment to minimize recidivism. The facility will have 11 beds to provide temporary on-site residential medical care.

Voices

Mission-VoicesIn 2010 the Foundation acquired a property on Lincoln Avenue that has been leased to Voices. The staff at Voices (made up largely of the population it serves) has enlisted its young people and the community to improve the property to a standard that can be enjoyed by it for years to come.
Visit the Voices website here.

Serenity Homes – Women

Mission-Serenity-WomenIn 2009 the Foundation acquired a property on Lernhart Street occupied by Serenity Homes as a residence for six women recovering from various types of addiction. That property had already been improved and remains a very attractive property that will serve the mission of Serenity Homes for years to come.
Visit the Serenity Homes website here.

Serenity Homes – Men

mission-serenity-menIn 2010 the Foundation acquired a property on Evans Street also occupied by Serenity Homes as a residence for six men recovering from various types of addiction. The Foundation has also advanced funds to bring that property up to a standard that will better help Serenity Homes fulfill its mission.
Visit the Serenity Homes website here.

Queen of the Valley Herman Family Pavilion

QueenoftheValley-HermanFamilyPavilionIn 2014 the Queen of the Valley Hospital introduced the new 72,000 sq. ft. Herman Family Pavilion providing the latest technology in neuroscience incorporated through state of the art diagnostic and surgical center. The Gasser Foundation has committed a $1,000,000 pledge in support of the center.


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