Foundation for Affordable Rental Housing

ATLANTA, GA EIN: 20-2563055

Housing & Shelter

TO PROVIDE LOW INCOME HOUSING.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$779.6M

+11.0% YoY

Annual Giving

$39.1M

+161.0% YoY

Grant Count

+100.0% YoY

Avg Grant Size

$19.6M

+30.5% YoY

About Foundation for Affordable Rental Housing

Based on IRS filings

Foundation for Affordable Rental Housing is a nonprofit organization focused on Housing & Shelter, based in ATLANTA, GA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $779.6M in total assets. In 2024, it awarded 2 grants totaling $39.1M. Net investment income was $22.9M.

Focus Areas

Housing & Shelter

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

Georgia $77.0M (100%)

States

Georgia

Cities

Atlanta

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024	2023	2022
Total Assets	$779,582,316	$702,135,903	$1,089,223,731
Revenue	$75,884,560	$569,587,470	$113,440,418
Expenses	$104,507,709	$135,307,439	$163,878,993
Qualifying Distributions	—	—	—
Net Investment Income	$22,876,084	$330,320,822	$2,108,952
Distributable Amount	—	—	—

Giving Over Time

Total grant dollars and number of grants per year

Grant Insights

How this funder distributes its grants

Top Recipients

Top 2 recipients in 2024

Grant Size Distribution

6 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Murray & Sydell Rosenberg Foundation ($23,150,000), Nhnfp Healthcare Inc ($16,000,000).

Recipient	Purpose	Amount
MURRAY & SYDELL ROSENBERG FOUNDATION ATLANTA, GA	GRANTS ARE PROVIDED FOR HUMANITARIAN ASSISTANCE	$23,150,000
NHNFP HEALTHCARE INC ATLANTA, GA	TO PROVIDE, OR ARRANGE FOR THE PROVISION OF, SERVICES AND CARE TO THE POOR, ELDERLY AND/OR THE INFIRM OR DISABLED NEEDING ASSISTANCE AND CARE.	$16,000,000

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

Name	Title	Hours	Compensation
JOSEPH E THOMAS III	DIRECTOR	1	—
STEPHEN ROSENBERG	DIRECTOR	1	—
TERENCE SCHWARTZ	DIRECTOR	1	—
ELIZABETH SALVATI	DIRECTOR	1	—
BRUCE BOLICK	DIRECTOR	1	—
CORA REYES EFFECTIVE 5125	DIRECTOR	1	—
JONATHAN ROSENBERG	DIRECTOR	1	—
JAMES O'CONNELL	PRESIDENT	1	—
ALLISON BERMAN	VICE PRESIDENT & SECRETARY	1	—

Subject Areas

Focus areas based on grantmaking activity

Housing & Shelter

Frequently Asked Questions

What is Foundation for Affordable Rental Housing?

Foundation for Affordable Rental Housing is a nonprofit organization focused on Housing & Shelter, based in ATLANTA, GA. It holds $779.6M in total assets as of 2024.

How large is Foundation for Affordable Rental Housing?

As of 2024, Foundation for Affordable Rental Housing holds $779.6M in total assets with $75.9M in annual revenue. It awarded 2 grants totaling $39.1M in 2024.

Where does Foundation for Affordable Rental Housing operate?

Foundation for Affordable Rental Housing has awarded grants in Georgia.

What size grants does Foundation for Affordable Rental Housing award?

In 2024, Foundation for Affordable Rental Housing awarded 2 grants totaling $39.1M — an average of about $19.6M per grant, based on its IRS Form 990 filings.

What is Foundation for Affordable Rental Housing's EIN?

Foundation for Affordable Rental Housing's EIN (Employer Identification Number) is 20-2563055. IRS Form 990 filing data is available on this page for 2020–2024.