Mission Investing
Capital Campaign Grants
Grants by Invitation
Scholarships/Teacher Stipends
Initiatives
Annual Grants
How to Apply
“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.
Voices
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.
Visit the Serenity Homes website here.
Serenity Homes - Men
In 2010 the Foundation acquired a property on Evans Street also occupied by Serentiy 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.
The Wolfe Center
In 2003 the Foundation, at the request of the Juvenile Justice Network (Wolfe Center) joined in an application to the Robert Wood Johnson Foundation for the acquisition and remodeling of the former Boys and Girls Club. A RWJ grant was matched by a Gasser Foundation grant along with grants from the Robert Mondavi Winery, Auction Napa Valley and the County of Napa. In 2006, at the request of the Wolfe Center, the Gasser Foundation acquired the property by retiring the balance of the construction loan and then leased the property back to the Wolfe Center. The Wolfe Center has the option to reacquire the property and any time within 10 years from at the purchase price the Foundation paid for the property. It serves a teen age population threatened by drug and alcohol addiction.
Visit the Wolfe Center website here.
