This foundation is narrowly focused on affordable housing and gives almost exclusively to Phipps Houses, a long‑standing non‑profit developer/operator of low‑income and supportive housing in New York. Its giving appears designed to underwrite capital or program support for housing preservation, development, and related resident services rather than a broad portfolio of grantees. The foundation functions as a dedicated funder for a single affiliated housing organization.
Highly concentrated: very large gifts (multi‑million) directed to a single repeat grantee (Phipps Houses), suggesting affiliate funding for capital and ongoing operations rather than diversified grantmaking.
$11.9M
$2.4M
-$453K
$11.9M
Most grants fall between $12.1M and $12.7M, with a median of $12.4M.
25th Percentile
$12.1M
Median
$12.4M
75th Percentile
$12.7M
About 100% of grants go to recipients in NY.
Sign up for a free Kindora account to access AI-generated insights into this funder's giving patterns, decision-makers, and fit signals.
Get Started FreeFree Kindora accounts unlock side-by-side comparisons with foundations that share this funder's focus areas and giving profile.
Get Started FreeSign up free to see how well your nonprofit fits this funder, get an AI-generated pitch, and unlock similar foundations.
Notable grantees: Phipps Houses
2024
Source: IRS Form 990-PF, fiscal year 2024.
Most recent grants reported to the IRS.
| Recipient | Location | Amount | Year | Purpose |
|---|---|---|---|---|
| PHIPPS HOUSES | NEW YORK, NY | $11,881,568 | 2024 | GENERAL SUPPORT |
| PHIPPS HOUSES | NEW YORK, NY | $12,944,116 | 2023 | GENERAL SUPPORT |
PHIPPS HOUSES
$11,881,568GENERAL SUPPORT
PHIPPS HOUSES
$12,944,116GENERAL SUPPORT