The Bay receives $2 million donation
The anonymous gift will go toward establishing the first phase of a bayfront park project.
NOTE: This article was originally published by Your Observer on June 19, 2019.
The Bay Park Conservancy has received a $2 million anonymous donation toward its efforts to establish a park on more than 50 acres of city-owned waterfront land, the organization announced today.
The gift will go toward the $20 million first phase of the park project, according to a release. The Bay Park Conservancy is a private nonprofit established to implement a bayfront master plan the city approved last year and manage the public park in perpetuity.
The release said the donation was inspired by The Patterson Foundation’s recent $5 million commitment to the first phase of the bayfront project. The foundation made an initial donation of $2 million and pledged to give an additional $1 million for every $5 million in private contributions to the first phase.
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