About Midpen Housing
To provide safe, affordable housing of high quality to those in need; establish stability and opportunity in the lives of residents; and foster diverse communities that allow people from all ethnic, social, and economic backgrounds to live in dignity, harmony, and mutual respect.
Focus Areas
Affordable housingPermanent supportive housingResident servicesPolicy & advocacyTransit-oriented developmentSustainable / all-electric housingProperty management
Who They Fund
nonprofit organizations / third-party granteesresidents of affordable housing / low-income communitieshousing developers or project sponsors (recipient of development fee contributions)local community programs (recipients of annual and event donations)
About Midpen Housing
Midpen Housing Corporation’s recent grantmaking is centered on housing operations tied to its own projects and resident support, with the single largest grant going to Midpen Resident Services Corporation: $10,000,000 in 2023 for an impact fund donation. That same recipient appears repeatedly in other years, showing a pattern of ongoing support rather than isolated gifts. The foundation also makes large project-linked payments to entities such as Mid-peninsula Half Moon Bay Inc and Mid-peninsula Baker Park Inc, including multi-million-dollar amounts connected to Gateway Rising and the Iran D. Hall development fee contribution. Its portfolio includes passthrough grants, development-fee contributions, and donations that support affordable housing work, resident services, and related community programs. Smaller recurring gifts to housing advocacy and regional organizations sit alongside these larger project commitments, pointing to a funder that mixes high-dollar real-estate-related support with steady annual giving. Across the recent grants list, the grants are local to California and align with the organization’s housing mission and the communities around its developments.
What Midpen Housing Funds
Affordable housing development is a clear throughline. Midpen Housing Corporation gave $2,153,300 in 2024 to Community Revitalization and Development Corp for a passthrough grant tied to a third party of an IIG grant, and $1,573,988 that same year to 5th and Mendocino Partners Owner LLC for a similar passthrough purpose. The foundation also supports project financing and development-related obligations: Mid-peninsula Baker Park Inc received $2,431,328 in 2025 and $1,246,536 in 2024 related to the Iran D. Hall development fee contribution. Resident services and supportive programs are another repeated theme. Midpen Resident Services Corporation received $160,000 in 2023 for ACAP fund and Midway donations, plus $101,667 in 2024 for the same mix, and $60,000 in 2025 for the ACAP fund. The foundation also made $85,480 grants in 2023, 2024, and 2025 related to the HUD grant for Moon Gate, showing continuity across multiple years.
How Midpen Housing Gives
Grant size is highly skewed. The typical gift falls at a median of $49,490, with a lower quartile of $9,475 and an upper quartile of $1,142,762, so the portfolio mixes small annual donations with very large project-linked awards. The recent list also shows repeated support to the same recipients across 2023 through 2025, especially for resident services and project-related housing work. Midpen Housing Corporation is a Pure DAF Provider and makes program-related investments, with giving that appears largely project-restricted rather than open application-based. The recent grants do not show an application process.
Financial Snapshot
Annual Giving
$3.1M
Total Assets
$359.1M
Total Revenue
$55.4M
Total Expenses
$33.6M
Typical Grant Size
Most grants fall between $9K and $1.1M, with a median of $49K.
25th Percentile
$9K
Median
$49K
75th Percentile
$1.1M
Geographic Reach
Local1 state funded
Funding intensity
LowHigh
Headquarters
Leadership
MATTHEW O FRANKLIN
Accepts unsolicited proposals
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