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    3. Grand Street Guild Hdfc Inc C/O Comerford & Dougherty Llp

    Grand Street Guild Hdfc Inc C/O Comerford & Dougherty Llp

    ActiveHousing & Shelter
    GARDEN CITY, NY5162484817EIN: 13-26790332 filings on record
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    About Grand Street Guild Hdfc Inc C/O Comerford & Dougherty Llp

    The foundation concentrates its giving exclusively on affordable housing development, providing large-scale support to a single community-based housing developer. Grants explicitly fund construction and related resident services, indicating a focused commitment to increasing and sustaining affordable housing stock through a partner organization. Their activity appears targeted and programmatic rather than broad-based philanthropic support.

    Focus Areas

    Nonprofit affordable housing development (HDFC/co-op model)Capital and project support for local community housing organizationsResident services and support tied to affordable housing projects

    Who They Fund

    low-income householdspeople experiencing or at risk of homelessnessvulnerable renters (e.g., seniors, families with children)

    Giving Approach

    Highly concentrated: very large grants directed to one recurring grantee (multi-grant support to the same affordable housing developer) rather than distributed to many organizations.

    Funding Style

    Financial Snapshot

    Annual Giving

    $5.3M

    Total Assets

    $31.5M

    Total Revenue

    $10.3M

    Total Expenses

    $10.6M

    Typical Grant Size

    Most grants fall between $2.3M and $2.9M, with a median of $2.6M.

    25th Percentile

    $2.3M

    Median

    $2.6M

    75th Percentile

    $2.9M

    Geographic Reach

    Local1 state funded

    About 100% of grants go to recipients in NY.

    Funding intensity
    Low
    High
    Headquarters

    Leadership

    KEVIN CRONIN

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    capital/project fundingprogrammatic support for service deliverycommunity development investmentplace-based / project-specific grants

    Notable grantees: GRAND STREET NORTHWEST INC

    Topics

    affordable rental housing developmentsupportive housing / wraparound resident serviceshousing preservation and rehabilitationhousing finance and predevelopment costs
    Latest 990 Filing

    2024

    Source: IRS Form 990-PF, fiscal year 2024.

    Recent Grants

    Most recent grants reported to the IRS.

    RecipientLocationAmountYearPurpose
    GRAND STREET NORTHWEST INCGARDEN CITY, NY$3,263,7502024SUPPORT DEVELOPMENT OF AFFORDABLE HOUSING AND RELATED SERVICES
    GRAND STREET NORTHWEST INCGARDEN CITY, NY$2,000,0002024SUPPORT DEVELOPMENT OF AFFORDABLE HOUSING AND RELATED SERVICES

    GRAND STREET NORTHWEST INC

    $3,263,750
    GARDEN CITY, NY2024

    SUPPORT DEVELOPMENT OF AFFORDABLE HOUSING AND RELATED SERVICES

    GRAND STREET NORTHWEST INC

    $2,000,000
    GARDEN CITY, NY2024

    SUPPORT DEVELOPMENT OF AFFORDABLE HOUSING AND RELATED SERVICES