Patterson Foundation Announces $4 Million Matching Challenge for 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.