This foundation concentrates its giving exclusively on development and preservation of affordable housing, channeling substantial capital to a single community-based housing developer. Its grants explicitly support construction and related resident services, indicating a project-focused, neighborhood-level housing mission. The foundation appears to operate as a funder of one or a very small number of HDFC/community development projects rather than a broad portfolio of grantees.
Highly concentrated: very large, repeat grants to a single grantee for capital/project support rather than distributed small grants or many grantees.
$5.8M
$30.3M
$10.6M
$9.8M
Most grants fall between $2.2M and $3.6M, with a median of $2.9M.
25th Percentile
$2.2M
Median
$2.9M
75th Percentile
$3.6M
About 100% of grants go to recipients in NY.
KEVIN CRONIN
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Notable grantees: Grand Street Northwest Inc
2024
Source: IRS Form 990-PF, fiscal year 2024.
Most recent grants reported to the IRS.
| Recipient | Location | Amount | Year | Purpose |
|---|---|---|---|---|
| GRAND STREET NORTHWEST INC | GARDEN CITY, NY | $4,250,000 | 2024 | SUPPORT DEVELOPMENT OF AFFORDABLE HOUSING AND RELATED SERVICES |
| GRAND STREET NORTHWEST INC | GARDEN CITY, NY | $1,500,000 | 2024 | SUPPORT DEVELOPMENT OF AFFORDABLE HOUSING AND RELATED SERVICES |
GRAND STREET NORTHWEST INC
$4,250,000SUPPORT DEVELOPMENT OF AFFORDABLE HOUSING AND RELATED SERVICES
GRAND STREET NORTHWEST INC
$1,500,000SUPPORT DEVELOPMENT OF AFFORDABLE HOUSING AND RELATED SERVICES