Foresight Affordable Housing Inc
Foresight Affordable Housing, inc. Was created to provide quality affordable housing to low income individuals and families.
Foresight Affordable Housing Inc at a glance
In short: Foresight Affordable Housing Inc gave $12K across 1 grant in 2024 (avg $12K), mostly in New Jersey. Source: 2024 IRS Form 990.
- Annual giving (2024)
- $12,000
- -4.0% vs 2023
- Grants made (2024)
- 1
- +0.0% vs 2023
- Average grant
- $12,000
- -4.0% vs 2023
- Median grant
- $12,000
- Total assets
- $243,613,545
- -2.5% vs 2023
- Primary geography
- New Jersey (100% of itemized 2024 grant dollars)
- Latest 990 filing
- Form 990, 2024 View filing
Data from IRS Form 990, 2024; updated September 2026.
Who Foresight Affordable Housing Inc funds
How this funder distributes its grants
Top Recipients
Top recipient in 2024
The largest 2024 recipient was The Michaels Org Educational Found ($12K).
Grant Size Distribution
4 grants across all recorded years
The most common grant size was under $50K: 4 grants of 4 (100%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of the 2024 grant dollars on its one itemized grant.
States
Cities
How Foresight Affordable Housing Inc gives
- Giving held roughly steady from 2021 to 2024 (+0%). Method
From the foundation's IRS Form 990 filings. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2024, annual grant giving ranged from $12K (2020) to $13K (2023). In 2024 it made 1 grant totaling $12K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| The Michaels Org Educational Found Camden, NJ | General Support | $12,000 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Net Investment Income |
|---|---|---|---|---|---|---|
| 2024 | $243,613,545 | $25,355,509 | $39,515,197 | $12,000 | 1 | $848,193 |
| 2023 | $249,776,671 | $19,874,329 | $26,057,345 | $12,500 | 1 | $1,101,390 |
| 2022 | $39,444,822 | $3,700,566 | $4,001,529 | — | — | $340,229 |
| 2021 | $35,307,423 | $10,804,387 | $6,078,776 | $12,000 | 1 | $1,454,538 |
| 2020 | $32,311,251 | $4,404,481 | $5,342,833 | $12,000 | 1 | $355,480 |
About Foresight Affordable Housing Inc
Based on IRS filings
Foresight Affordable Housing Inc is a public charity, based in Egg Harbor Township, NJ. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $243.6M in total assets. In 2024, it awarded 1 grant totaling $12K. Net investment income was $848K.
Leadership & Key People
Officers and directors from IRS filings
Foresight Affordable Housing Inc is led by Bruce Johnson, President since 2024 (on filings since 2020); all 11 officers listed in 2024 are compensated.
Officers on the 2024 filing
Bruce Johnson
President
Vice President & Assistant Secretary → President, 2024
On filings since 2020
20 hrs/week
$34K (2020) → $36K (2024)
Donald Reape
President
On filings since 2020
20 hrs/week
$80K (2020) → $105K (2024)
Gerald F. Schwam
Trustee
On filings since 2020
1 hr/week
$2K (2020) → $4K (2024)
Janvier L. Osborne
Trustee
On filings since 2020
1 hr/week
$2K (2020) → $4K (2024)
Lynda Barness
Trustee
On filings since 2020
1 hr/week
$2K (2020) → $4K (2024)
Neisa Caraballo
Trustee
On filings since 2020
1 hr/week
$2K (2020) → $4K (2024)
E. James Henderson
Vice President & Assistant Secretary
Secretary & Treasurer → Vice President & Assistant Secretary, 2024
On filings since 2020
10 hrs/week
$17K (2020) → $20K (2024)
Michael Byrnes
Secretary & Treasurer
Trustee → Secretary & Treasurer, 2024
On filings since 2020
5 hrs/week
$2K (2020) → $4K (2024)
Nelson L. Morgan III
Executive Vice President
Vice President → Executive Vice President, 2024
On filings since 2020
40 hrs/week
$237K (2020) → $288K (2024)
Martin Whalen
Vice President of Development
On filings since 2021
40 hrs/week
$148K (2021) → $189K (2024)
Shonte' Espinal
Vice President of Asset Operations
On filings since 2022
40 hrs/week
$132K (2022) → $173K (2024)
Data from IRS Form 990 filings, 2020–2024. "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
The highest reported compensation on the 2024 filing was $288K, to Nelson L Morgan III (Executive Vice President). 11 officers or directors reported compensation on that filing.
Frequently asked questions about Foresight Affordable Housing Inc
How much does Foresight Affordable Housing Inc give each year?
Foresight Affordable Housing Inc gave $12K across 1 grant in 2024, according to its 2024 IRS Form 990. In 2023 it gave $13K across 1 grant.
How large is Foresight Affordable Housing Inc?
Foresight Affordable Housing Inc reported $243.6M in total assets on its 2024 IRS Form 990. Its revenue that year was $25.4M.
Where does Foresight Affordable Housing Inc operate?
Foresight Affordable Housing Inc has awarded grants in New Jersey.
What is Foresight Affordable Housing Inc's EIN?
Foresight Affordable Housing Inc's EIN (Employer Identification Number) is 52-1979028. IRS Form 990 filing data is available on this page for 2020–2024.
Data last updated September 2026. Sourced from IRS Form 990 filings.
Data update history
(5)
When this profile's IRS filing data changed on Grantable
- Updated Form 990 for fiscal year 2020 (received by the IRS November 12, 2021)
- Updated Form 990 for fiscal year 2021 (received by the IRS November 14, 2022)
- Updated Form 990 for fiscal year 2023 (received by the IRS November 15, 2024)
- Updated Form 990 for fiscal year 2024 (received by the IRS November 14, 2025)
- IRS filings on file for fiscal years 2020–2024
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