“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.
To directly reach Nightingale Respite Center, please call (707 ) 819-2165.
In 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
In 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.
In 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.
Queen of the Valley Herman Family Pavilion
In 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.
South Napa Shelter
The Gasser Foundation has completed a transitional housing complex in addition to the current 60 bed shelter homeless shelter. The transitional housing complex will provide the next step for those who are ready to leave the homeless shelter but not yet able to be totally independent.
Please contact the South Napa Shelter directly for any inquiries (707) 252-4096.
Hartle Court Apartments
Hartle Court Apartments, are composed of 18 single-bedroom apartments and six two-bedroom apartments. All the ground-level units are adaptable to people with physical disabilities. These apartments are now completely occupied.
For many of the future residents, having a place to call their own can give them hope for their future and provide the boost necessary to turn their lives around.
Each apartment comes furnished. A cushy couch is the focal point of each living room, which also has a lamp, coffee table, and end tables. Walk into the dining room area and there is a table with chairs, either four or two depending on the size of the apartment. Each bedroom has a bed, end tables, dresser, lamps, closet, and linens. The kitchens are equipped with the standard appliances.
A few steps away from each apartment’s front door is a large grassy courtyard surrounded by picnic tables and native plants. There is also a laundry room and community center that includes an open office where residents may meet with different support professionals in private.
Steven Boyd is the Napa-Sonoma clinical director for Progress Foundation, the overseer of Hartle Court. Solar panels cover the roofs of the buildings and double as awnings above some apartment windows. The panels will provide 82 percent of the electricity necessary to run the complex.
For its “green” qualities, Hartle Court Apartments was awarded the Leadership in Energy and Environmental Design (Gold) certificate by the U.S. Green Building Council.
For further information please contact the Progress Foundation at (707) 255-9028.