KB25 Housing Development Fund
Kb25 housing development fund corporation was formed to own and operate a residential building for persons of low and moderate income.
Key facts about KB25 Housing Development Fund
In short: KB25 Housing Development Fund gave $765K across 1 grant in 2024 (avg $765K), mostly in New York. Source: 2024 IRS Form 990 filing.
- EIN
- 47-0976556
- Latest 990 filing
- Form 990 filing, 2024
- Annual giving (2024)
- $765,000
- Grants made (2024)
- 1
- Average grant
- $765,000
- Median grant
- $765,000
- Total assets
- $14,331,668
- Primary geography
- New York (100% of itemized 2024 grant dollars)
Data from IRS Form 990 filing, 2024; updated September 2026.
Financial Overview
From 2024 IRS Form 990 filing · View filing
Total Assets
$14.3M
-4.6% YoY
Annual Giving
$765K
+1430.0% YoY
Grant Count
1
+0.0% YoY
Avg Grant Size
$765K
+1430.0% YoY
How KB25 Housing Development Fund gives
- Giving grew 128% from 2021 to 2024. Method
From the foundation's IRS Form 990 filings. Methodology.
About KB25 Housing Development Fund
Based on IRS filings
KB25 Housing Development Fund is a nonprofit organization focused on Housing & Shelter, based in New York, NY. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $14.3M in total assets. In 2024, it awarded 1 grant totaling $765K. Net investment income was $1K.
Focus Areas
Ready to take the next step with KB25 Housing Development Fund?
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of all 1 itemized 2024 grant dollars.
States
Cities
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 1 recipients in 2024
Grant Size Distribution
4 grants across all recorded years
Giving History
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| PHIPPS HOUSES New York, NY | THE DEVELOPMENT OR MAINTENANCE OF LOW-INCOME OR AFFORDABLE HOUSING ON A TAX EXEMPT BASIS. | $765,000 |
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $14,331,668 | $15,017,009 | $14,959,638 |
| Revenue | $1,327,715 | $1,345,394 | $1,157,387 |
| Expenses | $1,894,679 | $1,224,233 | $1,929,669 |
| Qualifying Distributions | — | — | — |
| Net Investment Income | $1,193 | $1,070 | $483 |
| Distributable Amount | — | — | — |
Data update history
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2020–2024
Leadership & Key People
Officers and directors from IRS filings
KB25 Housing Development Fund is led by Adam Weinstein, President & CEO since 2022 (on filings since 2020); none of the 5 officers listed in 2024 report compensation.
Officers on the 2024 filing
Adam Weinstein
President & CEO
President → President & CEO, 2022
On filings since 2020
1 hr/week
$791K (2021) → $0 (2024)
James Robert Pigott Jr.
Vice President & Secretary
Secretary → Vice President & Secretary, 2022
On filings since 2020
1 hr/week
$330K (2021) → $0 (2024)
Matthew Kelly
Outgoing Vice President
Vice President → Outgoing Vice President, 2024
On filings since 2020
1 hr/week
$327K (2021) → $0 (2024)
Michael Wadman
Vice President
On filings since 2020
1 hr/week
$301K (2021) → $0 (2024)
Lukeman Ogunyinka
Treasurer
On filings since 2023
1 hr/week
No compensation reported
Former officers (1)
- Former: Brian Bricker (2020–2022) — Treasurer
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 2021 IRS filing
Frequently asked questions about KB25 Housing Development Fund
How much does KB25 Housing Development Fund give each year?
KB25 Housing Development Fund gave $765K across 1 grant in 2024, according to its 2024 IRS Form 990 filing. In 2023 it gave $50K across 1 grant.
How large is KB25 Housing Development Fund?
KB25 Housing Development Fund reported $14.3M in total assets on its 2024 IRS Form 990 filing. Its revenue that year was $1.3M.
What is KB25 Housing Development Fund?
KB25 Housing Development Fund is a nonprofit organization focused on Housing & Shelter, based in New York, NY. It holds $14.3M in total assets as of 2024.
Where does KB25 Housing Development Fund operate?
KB25 Housing Development Fund has awarded grants in New York.
What is KB25 Housing Development Fund's EIN?
KB25 Housing Development Fund's EIN (Employer Identification Number) is 47-0976556. IRS Form 990 filing data is available on this page for 2020–2024.
Data last updated September 2026. Sourced from IRS Form 990 filings.
Here's the math on researching KB25 Housing Development Fund by hand.
Explore Open Grants
Browse active grant opportunities in KB25 Housing Development Fund's focus areas in our free grants database
Similar Funders
Funders that support many of the same organizations
63 Thompson Street Housing Development
New York, NY
63 thompson street housing development fund corporation was organized exclusively for the purpose of developing, owning and operating, on a non-profit basis, a housing project for persons of low income.
Assets
$8.1M
Grants
1
Total Given
$125K
PH Affordable Housing Fund Inc
New York, NY
See schedule o
Assets
$73.8M
Grants
1
Total Given
$570K
Henry Phipps Plaza South HDFC
New York, NY
To provide affordable housing to low and moderate income families in new york city.
Assets
$53.8M
Grants
1
Total Given
$17.8M
Henry Phipps Plaza North Housing
New York, NY
Henry phipps plaza north housing development fund corporation was formed in 2008 to develop, own and operate a residential apartment building located in the borough of manhattan in new york city for occupancy by persons of low and moderate income.
Assets
$5.1M
Grants
1
Total Given
$400K
Homes for New Yorkers Inc
New York, NY
To support and maintain quality affordable and low-income housing through various methods including grants, development and at times, direct ownership.
Assets
$22.0M
Grants
1
Total Given
$74K
Phipps Affordable Housing Support Corp
New York, NY
Phipps affordable housing support corp. Was formed for the purposes of supporting not-for-profit corporations that are affiliates of phipps houses, a related 501(c)(4) organization, in the development of affordable housing for low- income individuals and families.
Assets
$2.6M
Grants
1
Total Given
$11.9M
Phipps Affordable Housing Development
New York, NY
To provide affordable housing to low and moderate-income persons.
Assets
$1.8M
Grants
1
Total Given
$84K
Daly 180 Housing Development Fund
New York, NY
Daly 180 housing development fund corporation was formed to own and operate an 84-unit residential building located in bronx, ny, for persons of low-income.
Assets
$4.6M
Grants
1
Total Given
$392K
The Ford Foundation
New York, NY
The Ford Foundation funds organizations, individuals, and ideas working to reduce inequality and advance social justice, including work in areas such as immigrant justice, criminal justice reform, gender equity, and arts and culture, through grants around the world. Its 2024 grants had a median of $100,000, with amounts ranging from $45 to $15 million; it does not accept unsolicited requests by mail, email, or phone.
Assets
$17.5B
Grants
4,007
Total Given
$844.7M
The Ojc Fund
Brooklyn, NY
The OJC Fund distributes donor-advised grants to a wide range of charitable, religious, and educational organizations, with most 2025 funding going to New York and some to New Jersey. Its 2025 grants had a median of $31,014 and ranged from $5,001 to about $10.7 million. The profile does not state whether it accepts unsolicited requests.
Assets
$58.5M
Grants
3,714
Total Given
$448.3M
Jpmorgan Chase Foundation
New York, NY
The foundation supports neighborhood revitalization, underserved small businesses, financial health, and economic mobility and career pathways, with 2024 grants ranging from $4 to $4,635,000 and a median of $550. Its grants reached organizations across multiple U.S. locations, including Washington, DC, New York, California, Illinois, Washington state, and Georgia. It gives only to preselected charitable organizations and does not accept unsolicited funding requests.
Assets
$1.2B
Grants
10,334
Total Given
$202.5M
The Pfizer Foundation Inc
New York, NY
The Pfizer Foundation funds locally led health programs that improve access to care and strengthen health systems, as well as health-crisis and disaster responses, worldwide. In 2024, grants ranged from $2 to $4 million, with a median of $200. It supports only preselected organizations and does not accept unsolicited requests.
Assets
$255.3M
Grants
9,306
Total Given
$23.2M
More Funders in New York
KB25 Housing Development Fund down — hundreds of funders to go?