American Foundation for Affordable Housinginc logo

American Foundation for Affordable Housinginc

Public charity · Grantmaker Williamsburg, VA EIN: 54-1660503 Website

This organization is the parent organization of affiliates whose mission is to provide affordable housing to the elderly and poor within our communities.

Key facts about American Foundation for Affordable Housinginc

In short: American Foundation for Affordable Housinginc gave $100K across 3 grants in 2024 (avg $33K), mostly in Virginia. Source: 2024 IRS Form 990.

EIN
54-1660503
Latest 990 filing
Form 990, 2024
Annual giving (2024)
$100,000
Grants made (2024)
3
Average grant
$33,333
Median grant
$25,000
Total assets
$9,787,729
Primary geography
Virginia (100% of itemized 2024 grant dollars)

Data from IRS Form 990, 2024; updated September 2026.

Financial Overview

From 2024 IRS Form 990 · View filing

Total Assets

$9.8M

+6.4% YoY

Annual Giving

$100K

Grant Count

3

Avg Grant Size

$33K

About American Foundation for Affordable Housinginc

Based on IRS filings

American Foundation for Affordable Housinginc is a public charity, based in Williamsburg, VA. IRS filing data is available from 2019 through 2024. As of 2024, the organization holds $9.8M in total assets. In 2024, it awarded 3 grants totaling $100K.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

1state

Share of 2024 grant dollars across all 3 itemized grants.

States

Cities

Charlottesville

Giving Over Time

Total grant dollars and number of grants per year

$0$25K$50K$75K$100K0 grants2019 0 grants2020 0 grants2021 0 grants2022 0 grants2023 3 grants2024

In 2024 it made 3 grants totaling $100K.

Grant Insights

How this funder distributes its grants

Top Recipients

Top 3 recipients in 2024

McAp Cedar Manor LLC: $50KMcAp Cedar Manor LLC$50KMcAp Danville LLC: $25KMcAp Danville LLC$25KMcAp Eastern Shore LLC: $25KMcAp Eastern Shore LLC$25K

The largest 2024 recipient was McAp Cedar Manor LLC ($50K). Together the top 3 received $100K.

Grant Size Distribution

3 grants across all recorded years

2<$50K1$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 2 grants of 3 (67%).

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
McAp Cedar Manor LLC Charlottesville, VAAffordalbe Housing$50,000
McAp Danville LLC Charlottesville, VAAffordable Housing$25,000
McAp Eastern Shore LLC Charlottesville, VAAffordable Housing$25,000

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
$0$500K$1M$1.5M$2M2019 2020 2021 2022 2023 2024
Metric202420232022
Total Assets$9,787,729$9,197,147$8,511,979
Revenue$946,422$1,082,582$956,993
Expenses$356,971$252,651$185,290

Data update history

When this profile's IRS filing data changed on Grantable

  1. Added Form 990 for fiscal year 2019 (received by the IRS December 30, 2020)
  2. Updated Form 990 for fiscal year 2024 (received by the IRS November 13, 2025)
  3. IRS filings on file for fiscal years 2020–2024

Leadership & Key People

Officers and directors from IRS filings

American Foundation for Affordable Housinginc is led by Norman B. Gold, President on every filing since 2019; all 3 officers listed in 2024 are compensated.

Officers on the 2024 filing

  • Norman B. Gold

    President

    On filings since 2019

    2 hrs/week

    $33K (2019) → $36K (2024)

  • B. Hunt Whitbeck Jr.

    Executive Di

    On filings since 2019

    30 hrs/week

    $69K (2019) → $73K (2024)

  • Donald Allison

    Vice President

    On filings since 2019

    2 hrs/week

    $33K (2019) → $36K (2024)

Data from IRS Form 990 filings, 2019–2024. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.

Compensation Overview

From 2024 IRS filing

B Hunt Whitbeck Jr — Executive Di: $73KB Hunt Whitbeck JrExecutive Di$73KDonald Allison — Vice Preside: $36KDonald AllisonVice Preside$36KNorman B Gold — President: $36KNorman B GoldPresident$36K

The highest reported compensation on the 2024 filing was $73K, to B Hunt Whitbeck Jr (Executive Di). 3 officers or directors reported compensation on that filing.

Frequently asked questions about American Foundation for Affordable Housinginc

How much does American Foundation for Affordable Housinginc give each year?

American Foundation for Affordable Housinginc gave $100K across 3 grants in 2024, according to its 2024 IRS Form 990.

What is American Foundation for Affordable Housinginc's typical grant size?

American Foundation for Affordable Housinginc's median grant in 2024 was $25,000, and its average grant was $33,333, across 3 grants on its 2024 IRS Form 990.

Where does American Foundation for Affordable Housinginc give grants?

American Foundation for Affordable Housinginc gives mostly in Virginia: 100% of the grant dollars itemized on its 2024 IRS Form 990 went to recipients there. The most frequent recipient cities were Charlottesville, VA (3 grants).

Does American Foundation for Affordable Housinginc give general operating support?

Not in 2024: none of the 3 grants with a stated purpose on American Foundation for Affordable Housinginc's 2024 IRS Form 990 were described as general or operating support.

How large is American Foundation for Affordable Housinginc?

American Foundation for Affordable Housinginc reported $9.8M in total assets on its 2024 IRS Form 990. Its revenue that year was $946K.

What is American Foundation for Affordable Housinginc's EIN?

American Foundation for Affordable Housinginc's EIN (Employer Identification Number) is 54-1660503. IRS Form 990 filing data is available on this page for 2019–2024.

Data last updated September 2026. Sourced from IRS Form 990 filings.

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