The Bay

Patterson Foundation Announces $4 Million Matching Challenge for The Bay

Each time a philanthropist donates $5 million to Phase 1 of The Bay, the foundation will contribute $1 million, up to a total of $4 million.

By Staff July 20, 2021

A rendering of The Bay

A rendering of The Bay

The Patterson Foundation has announced a commitment of up to $4 million in matching funds to catalyze private donations toward the completion of Phase 1 of The Bay’s master plan. Through 2023, each time private philanthropy donates $5 million toward Phase 1, The Patterson Foundation will provide a $1 million match, up to a total contribution of $4 million.

The Bay is a community, city and park conservancy initiative to turn 53 acres of city-owned land into a signature public park on Sarasota Bay. Phase 1 has made significant progress, including the opening of the half-mile, 10-foot-wide Mangrove Bayou Walkway that winds around the coastal wetlands in the park.

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