CULTURAL LOAN FUND MARKET DEMAND SURVEY

Thank you for your participation in this survey.

100% of survey complete.

Thank you for all your work in promoting Oregon’s vibrant arts and cultural environment!

As part of our strategic plan, the Cultural Trust seeks your input on the potential of an efficient, effective, and competitive loan program to help meet the needs of Oregon’s cultural nonprofits.

While we recognize taking on debt may not be the right solution for every organization, strategic use of capital can be a very effective tool to strengthen and grow organizations. Capital for construction or renovation, gap financing for earned income from future programs, and bridge funding during fundraising cycles are very effective in managing cash flow and reaching goals.

Many philanthropic organizations across the country are offering programs to address the growing needs of nonprofit organizations. The Cultural Trust is exploring the possibility of developing a loan program in partnership with a Community Develop Finance Institution that provides access to capital through a portfolio of loan programs.

To determine the feasibility of a program like this, your input is needed and valued. Please respond to the linked survey by November 18th. It should take no more than five minutes to complete.

Results from this survey will help better our understanding of your needs. Periodically, we will update you on this work.

If you do not have current or in the foreseeable future need to access capital, please let us know why in response 7.

Thank you for your assistance.

Question Title

* 1. Contact Information

Name

Title

Organization

County

Phone

Question Title

* 2. Would you be interested in a competitive with market loan program to meet your financing needs?

Yes

No (If you answer no, please go to #7 and take a moment to let us know why, then click done at the bottom of the page)

Question Title

* 3. Would you be interested in competitive with market loan program to meet your financing needs?
Looking forward over the next five years, what do you anticipate to be your organizations financing needs? From the list of financing tools below, enter 1, 2 or 3. For the higher priorities enter a 1. For lower priorities enter a 2 or 3. It is not necessary to identify more than one.

Equipment Upgrading (e.g., computer, ticketing systems, vehicles) – Short to Mid-Term (1 to 5 years)

Facility Acquisition, Renovation, Construction, Repairs & Maintenance. This can also include leasehold improvements. – Long Term (up to 10 to 15 years)

One Time/Short-term (up to one year) cash flow loans for gaps in current program support and revenue

One Time/Startup (up to one year) cash flow loans for new programs

Ongoing/Annual Line of Credit

Provide Loan Guarantee to Bank to obtain financing

Refinancing Current Facility Loan – Mid to Long Term (5 to 15 years)

Question Title

* 4. What is the amount of financing needed?
For the top 2 priorities you identified in the previous question, what is the estimated total amount of financing needed?
*Note, please do not use any decimals, percentages, and non-numeric characters in your answer.

Priority 1– $

Priority 2– $

Question Title

* 5. Organization Finances
If you are part of an institution of higher learning, we want only the information for the arts and culture organization.
*Note: Decimals, percentages, and non-numeric characters won’t be accepted.

Operating budget for the current fiscal year – $

Question Title

* 6. Follow Up
May we contact you for additional information on your responses and this project?

Yes

Question Title

* 7. Additional Information
If you do not have current or in the foreseeable future need to access capital, please let us know why.
Or if you are interested in a loan program, please use this space to tell us more.

Question Title

* 1. Contact Information

Question Title

* 2. Would you be interested in a competitive with market loan program to meet your financing needs?

Question Title

Question Title

* 4. What is the amount of financing needed?For the top 2 priorities you identified in the previous question, what is the estimated total amount of financing needed?*Note, please do not use any decimals, percentages, and non-numeric characters in your answer.

Question Title

* 5. Organization FinancesIf you are part of an institution of higher learning, we want only the information for the arts and culture organization. *Note: Decimals, percentages, and non-numeric characters won’t be accepted.

Question Title

* 6. Follow UpMay we contact you for additional information on your responses and this project?

Question Title

* 7. Additional Information If you do not have current or in the foreseeable future need to access capital, please let us know why. Or if you are interested in a loan program, please use this space to tell us more.

* 4. What is the amount of financing needed?
For the top 2 priorities you identified in the previous question, what is the estimated total amount of financing needed?
*Note, please do not use any decimals, percentages, and non-numeric characters in your answer.

* 5. Organization Finances
If you are part of an institution of higher learning, we want only the information for the arts and culture organization.
*Note: Decimals, percentages, and non-numeric characters won’t be accepted.

* 6. Follow Up
May we contact you for additional information on your responses and this project?

* 7. Additional Information
If you do not have current or in the foreseeable future need to access capital, please let us know why.
Or if you are interested in a loan program, please use this space to tell us more.