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    3. Chelmsford Housing Elder Partnership

    Chelmsford Housing Elder Partnership

    ActivePublic CharityHousing & Shelter
    CHELMSFORD, MAEIN: 31-17582371 filings on record
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    About Chelmsford Housing Elder Partnership

    This foundation appears to be singularly focused on supporting rental assistance and affordable housing for older adults in the Massachusetts area, demonstrated by a one-time, large transfer of assets. Its sole recorded grant is a multi-million dollar endowment-style transfer to CHOICE, Inc. to fund a rental assistance demonstration program, suggesting a priority on scaling or sustaining senior housing supports through an established regional housing provider.

    Focus Areas

    Rental assistance demonstration programs for low-income seniorsAffordable senior housing in Chelmsford / Greater Lowell, MAChanneling remaining foundation assets to operational housing nonprofitsPartnerships with regional nonprofit housing developers/providers

    Who They Fund

    renterslow-income or rent-burdened households

    Giving Approach

    A single, large endowment-style transfer (consolidation or dissolution payout) to one regional housing nonprofit rather than multiple, smaller grants; concentrated, one-time funding aimed at program sustainability or demonstration impact.

    Funding Style

    Financial Snapshot

    Annual Giving

    $3.3M

    Total Assets

    $0

    Total Revenue

    $403K

    Total Expenses

    $3.8M

    Typical Grant Size

    Most grants fall between $3.3M and $3.3M, with a median of $3.3M.

    25th Percentile

    $3.3M

    Median

    $3.3M

    75th Percentile

    $3.3M

    Geographic Reach

    Local1 state funded

    About 100% of grants go to recipients in MA.

    Funding intensity
    Low
    High
    Headquarters

    Deep Analysis

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    Seniors & Elderly GrantsGrants in Massachusetts

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    Free account · instant fit score · similar funders
    restricted support (program-specific)one-time asset transferdirect service fundingpilot/demonstration funding

    Notable grantees: CHOICE, Inc.

    Topics

    rental assistanceaffordable housinghousing stabilitydemonstration/pilot program
    Latest 990 Filing

    2023

    Source: IRS Form 990-PF, fiscal year 2023.

    Recent Grants

    Most recent grants reported to the IRS.

    RecipientLocationAmountYearPurpose
    CHOICE INCCHELMSFORD, MA$3,326,3772023TRANSFER OF ALL NET ASSETS FOR PURPOSES OF RENTAL ASSISTANCE DEMONSTRATION PROGRAM

    CHOICE INC

    $3,326,377
    CHELMSFORD, MA2023

    TRANSFER OF ALL NET ASSETS FOR PURPOSES OF RENTAL ASSISTANCE DEMONSTRATION PROGRAM