Foresight has been successful in meeting our goal to provide better living environments for those who are economically, educationally, and vocationally challenged. Amid widespread resident interest, the framework for individual assistance has been created and the housing quality standards have been significantly improved.
Foresight Affordable Housing of Pennsylvania Inc made a single 2024 grant of $2,092,751 to Foresight Affordable Housing Inc in Ventnor, New Jersey for affordable housing. That one award matches the foundation’s full annual giving for the year and sits against $2,811,440 in total assets. The foundation’s stated purpose is to improve living environments for people who are economically, educationally, and vocationally challenged, and its summary notes that resident interest helped shape a framework for individual assistance. Housing quality standards are another clear thread in its work, with the organization saying those standards have been significantly improved. The foundation also lists scholarships as part of its activity, alongside resident support services and housing-related programming. Its grantmaking appears tied to affordable housing operations rather than individual support, because it does not fund individuals. The available record points to a small, locally focused grantmaker with a narrow set of related priorities centered on housing, resident services, and educational support linked to its housing mission.
Affordable housing development is the foundation’s clearest program area. In 2024, it awarded $2,092,751 to Foresight Affordable Housing Inc for affordable housing, tying a large grant to housing operations rather than to many smaller awards. Housing quality and standards also appear in the foundation’s own summary. It says housing quality standards have been significantly improved, which places rehabilitation and upkeep within its work. Resident support services are another stated focus. The foundation describes a framework for individual assistance that was created amid widespread resident interest, showing a resident-centered support role connected to its housing mission. Education enters through scholarship programming. The active grant programs list includes the Foresight Scholarship Program and a separate Scholarship page, both linked to Pennsylvania.
The grant-size data show a single observed award: p25, median, and p75 are all $2,092,751, so the distribution is concentrated in one large grant. The 2024 record also indicates one annual grant total of $2,092,751 against $2,811,440 in assets. The pattern suggests a narrow, non-diversified grantmaking style rather than a broad portfolio of awards. The foundation does not fund individuals, and it does not make program-related investments. Available records do not show recurring grantees across multiple years, so the clearest observable pattern is a one-off institutional award tied to its housing mission.
$2.1M
$2.8M
$1.4M
$3.5M
Most grants fall between $2.1M and $2.1M, with a median of $2.1M.
25th Percentile
$2.1M
Median
$2.1M
75th Percentile
$2.1M
About 100% of grants go to recipients in NJ.
DONALD REAPE
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Grantmaking is local and entirely within New Jersey in the available record. The top state by grant count is NJ, and 100% of grants were given to recipients in the HQ state. The recent grant went to Ventnor, NJ. No non-U.S. recipient countries appear in the data, and the active scholarship programs are tied to Pennsylvania rather than to recorded grant recipients.
Its stated focus areas center on affordable housing development, housing quality and standards, HUD and government affordable housing programs, resident support services, and scholarship support. The foundation summary also emphasizes better living environments for people who are economically, educationally, and vocationally challenged.
The 2024 record shows one grant of $2,092,751, and the grant-size distribution is the same at p25, median, and p75. That indicates a single observed grant at that level rather than a spread of smaller awards.
In the available grant record, no. The top state by grant count is New Jersey, and 100% of grants went to recipients in the HQ state. The recent grant recipient was located in Ventnor, NJ.
No. The foundation is marked as not funding individuals, and the recorded grantmaking points to institutional support tied to housing rather than direct individual awards.
Yes. The active programs include the Foresight Scholarship Program and a separate Scholarship page. Both are associated with Pennsylvania, and the foundation also lists scholarship as one of its focus areas.
2024
Source: IRS Form 990-PF, fiscal year 2024.
Most recent grants reported to the IRS.
| Recipient | Location | Amount | Year | Purpose |
|---|---|---|---|---|
| FORESIGHT AFFORDABLE HOUSING INC | VENTNOR, NJ | $2,092,751 | 2024 | affordable housing |
FORESIGHT AFFORDABLE HOUSING INC
$2,092,751affordable housing