This foundation directs its resources exclusively to affordable housing initiatives, making large, mission-aligned grants to nonprofit housing developers. Its sole recorded grant funded Region Nine Housing Corporation to expand or preserve affordable rental units, indicating a focus on tangible housing production or support rather than broader social services. The foundation appears locally oriented and programmatic in its giving, prioritizing projects that increase affordable housing stock.
Highly concentrated: a single large grant ($750,000) to a community housing nonprofit rather than multiple smaller awards; suggests occasional, project- or capital-focused giving to core housing organizations.
$750K
$7.6M
$2.5M
$3.1M
Most grants fall between $750K and $750K, with a median of $750K.
25th Percentile
$750K
Median
$750K
75th Percentile
$750K
About 100% of grants go to recipients in NJ.
JOE LATOOF
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Notable grantees: Region Nine Housing Corporation
2024
Source: IRS Form 990-PF, fiscal year 2024.
Most recent grants reported to the IRS.
| Recipient | Location | Amount | Year | Purpose |
|---|---|---|---|---|
| REGION NINE HOUSING CORP | NEW BRUNSWICK, NJ | $750,000 | 2024 | PROVIDE FUNDING-AFFORDABLE HOUSING |
REGION NINE HOUSING CORP
$750,000PROVIDE FUNDING-AFFORDABLE HOUSING