The Community Preservation Corporation
The Community Preservation Corporation (CPC) is a public charity based in New York, NY. It is a nonprofit housing finance company that provides construction and bridge financing, permanent mortgages, and equity investments to support affordable and workforce housing, including housing preservation and development.
The Community Preservation Corporation at a glance
In short: The Community Preservation Corporation gave $225K across 15 grants in 2025 (avg $15K), mostly in New York. 33% of 2025 grantees were new. Source: 2025 IRS Form 990.
- Annual giving (2025)
- $225,434
- +13.0% vs 2024
- Grants made (2025)
- 15
- +0.0% vs 2024
- Average grant
- $15,029
- +13.0% vs 2024
- Median grant
- $10,000
- Total assets
- $1,688,790,941
- -8.3% vs 2024
- New grantees (estimate)
- 33% first-time grantees (5 of 15, 2025; small sample)
- Primary geography
- New York (84% of itemized 2025 grant dollars)
- Latest 990 filing
- Form 990, 2025 View filing
Data from IRS Form 990, 2025; updated October 2026. New grantees are estimated by matching recipient names across years (methodology).
How to apply to The Community Preservation Corporation
- Contact
Mailing address: 220 East 42Nd Street 16Th Floor, New York, NY 10017
Phone: (212) 869-5300
Website: https://communityp.com
Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.
Open Grants
1 open opportunity from The Community Preservation Corporation
Who The Community Preservation Corporation funds
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2025
The largest 2025 recipient was New York Housing Conference ($35K). Together the top 10 received $185K.
Grant Size Distribution
81 grants across all recorded years
The most common grant size was under $50K: 79 grants of 81 (98%).
Geographic Focus
Where this funder awards grants
CPC’s 2024 filing describes its work as focused on affordable housing in New York and, to a lesser extent, elsewhere. Its website describes a national footprint. In filing year 2025, 84% of grant dollars went to recipients in New York, 11% to Massachusetts, and 4% to New Jersey.
Grant Distribution by State
Share of 2025 grant dollars across all 15 itemized grants.
Cities
Is The Community Preservation Corporation open to new grantees?
33%
first-time grantees, 2025
In 2025, 5 of 15 grantees (33%) were first-time recipients. With only 15 grantees, that is a small sample: one grantee more or less moves the share by about 7 points. First grants averaged $14K; repeat grants $15K. How we count
Medians: $10K first-time, $13K repeat.
Estimate from itemized grant lists in IRS Form 990 filings (2020–2025). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2025, annual grant giving ranged from $151K (2021) to $257K (2020). In 2025 it made 15 grants totaling $225K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| New York Housing Conference New York, NY | General Support | $35,000 |
| Hudson Valley Pattern for Progress Newburgh, NY | General Support | $25,700 |
| Westhab Inc Yonkers, NY | General Support | $25,000 |
| Community League of the Heights Inc New York, NY | General Support | $19,984 |
| New York State Association for Affordable Housing New York, NY | General Support | $19,250 |
| Northeast Sustainable Energy Assoc Greenfield, MA | General Support | $15,000 |
| Settlement Housing Fund Inc New York, NY | General Support | $15,000 |
| Citizens Housing & Planning New York, NY | General Support | $10,000 |
| Mhany Management Inc Bronx, NY | General Support | $10,000 |
| Roots & Wings Foundation Inc Denville, NJ | General Support | $10,000 |
Ready to take the next step with The Community Preservation Corporation?
Financial History
Multi-year comparison from IRS filings
The 2024 filing states that, during the year ended June 30, 2025, CPC originated $952,042,521 in public and private funds representing financing on 56,167 units. At June 30, 2025, it held approximately $201 million in borrower escrow funds and approximately $342 million in government agency funds.
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Net Investment Income |
|---|---|---|---|---|---|---|
| 2025 | $1,688,790,941 | $123,873,578 | $109,820,073 | $225,434 | 15 | $35,641,630 |
| 2024 | $1,841,415,807 | $124,826,968 | $98,646,239 | $199,500 | 15 | $27,746,970 |
| 2023 | $1,733,974,820 | $77,918,946 | $86,569,758 | $207,700 | 17 | $20,285,334 |
| 2022 | $1,525,690,659 | $67,322,772 | $69,181,777 | $156,805 | 18 | $16,926,931 |
| 2021 | $1,407,109,282 | $65,839,600 | $66,282,296 | $151,125 | 16 | $13,967,683 |
| 2020 | $1,327,087,827 | $215,858,879 | $71,235,484 | $256,692 | 19 | $173,188,996 |
Research compiled by Grantable AI from public sources. Last updated October 2026.
Mission & Focus Areas
CPC’s stated mission is “to combat community deterioration, promote the general welfare, and lessen the burdens of government by providing debt and/or equity financing for low & moderate income housing.”
Its lending and investment work supports the construction, rehabilitation, preservation, and financing of affordable and workforce housing. CPC also describes work on energy-efficient housing and support for emerging developers. Its website reports that its ACCESS initiative provides financial resources, capacity-building opportunities, and technical assistance to entrepreneurs who have historically faced barriers to entry in real estate development.
CPC’s 2025 filing reports $63,000 in direct lobbying expenses related to affordable housing legislation. It says lobbying is not a substantial part of the corporation’s activities.
Grantmaking
In filing year 2025, CPC reported 15 grants totaling $225,434. Grants ranged from $5,500 to $35,000, with a median of $10,000. The listed grants were for general support.
Among the largest recipients were New York Housing Conference ($35,000), Hudson Valley Pattern for Progress ($25,700), Westhab Inc. ($25,000), Community League of the Heights ($19,984), and New York State Association for Affordable Housing ($19,250). Other listed recipients included Northeast Sustainable Energy Association ($15,000), Settlement Housing Fund ($15,000), and Roots & Wings Foundation ($10,000).
CPC also announced a separate $500,000 CPC Connections grant program in 2022, awarding funds to 10 New York State nonprofits for work related to closing the racial wealth gap, advancing environmental justice, and providing COVID-19 relief. The filing-year 2025 grant figures above refer to grants CPC gave, not funds it received.
Leadership & Key People
Leadership team and compensation from IRS filings
The 2025 filing lists Rafael E. Cestero as CEO. Listed directors are Peter Cannava, Louise Carroll, Eduardo Diaz-Perez, Ingrid Gould Ellen, Michael Hegarty, Richard Kumro, Manuel Menendez Jr., Richard Roberts, and Gary Rodney.
The Community Preservation Corporation is led by Rafael E. Cestero, CEO since 2025 (on filings since 2020); 64 of 78 officers listed in 2025 are compensated.
Officers on the 2025 filing
Rafael E. Cestero
CEO
President, CEO & Director → CEO & Director, 2024
CEO & Director → CEO, 2025
On filings since 2020
35 hrs/week
$980K (2020) → $1.5M (2025)
Sarah J. Singman
President & Cpc
Executive Vice President → President, 2024
President → President & Cpc, 2025
On filings since 2020
35 hrs/week
$544K (2020) → $965K (2025)
Donna Nicole Ferreira
President & Cpc Mortgage Company
On filings since 2024
No compensation reported
Brendan McLaughlin
Managing Director & Cpc Mortgage Company
New on the 2025 filing
No compensation reported
Fergus P. O'Connell
Vice President & Director of Capital Strategies
Vice President → Vice President & Director of Capital Strategies, 2025
On filings since 2020
35 hrs/week
$210K (2020) → $292K (2025)
Richard A. Kumro
Director
Executive Vice President, Genl Counsel & Secretary → Director, 2025
On filings since 2020
$324K (2020) → $0 (2025)
Robert L. Riggs
Senior Vice President Csp Portfolio Management & Reg Director Nyc Orig
Senior Vice President → Senior Vice President Csp Portfolio Management & Reg Director Nyc Orig, 2025
On filings since 2020
35 hrs/week
$333K (2020) → $590K (2025)
Anders Tomson
Director
On filings since 2020
No compensation reported
Eduardo Diaz-Perez
Director
On filings since 2020
No compensation reported
Gary Rodney
Director
On filings since 2020
No compensation reported
Ingrid Gould Ellen
Director
On filings since 2020
No compensation reported
Manuel Menendez Jr.
Director
On filings since 2020
No compensation reported
Michael Hegarty
Director
On filings since 2020
No compensation reported
Richard Roberts
Director
On filings since 2020
No compensation reported
Steven J. Weiss
Director
On filings since 2020
No compensation reported
Louise Carroll
Director
On filings since 2023
No compensation reported
Peter Cannava
Director
On filings since 2023
No compensation reported
Sherry Wang
Director
New on the 2025 filing
No compensation reported
Andrea D. Gladstone
Senior Vice President General Counsel & Secretary
Senior Vice President → Senior Vice President & Secretary, 2024
Senior Vice President & Secretary → Senior Vice President General Counsel & Secretary, 2025
On filings since 2020
35 hrs/week
$274K (2020) → $542K (2025)
Andrew J. D'agostino
Senior Vice President Regional Director Mortgage Officer
Vice President → Senior Vice President, 2021
Senior Vice President → Senior Vice President Regional Director Mortgage Officer, 2025
On filings since 2020
35 hrs/week
$158K (2020) → $347K (2025)
Brenda Barnaby
Assistant Vice President Human Resources Generalist
Assistant Vice President Human Resources Generalist → Assistant Vice President Human Resources, 2022
Assistant Vice President Human Resources → Assistant Vice President Human Resources Generalist, 2023
On filings since 2020
35 hrs/week
$166K (2020) → $224K (2025)
Cary Todd Moore
Vice President Asset Management & Servicing
Senior Vice President → Vice President, 2024
Vice President → Vice President Asset Management & Servicing, 2025
On filings since 2020
35 hrs/week
$255K (2020) → $255K (2025)
Christina L. Morrison
Vice President Asset Management & Servicing
Assistant Vice President Senior Asset Manager → Vice President, 2021
Vice President → Vice President Asset Management & Servicing, 2025
On filings since 2020
35 hrs/week
$174K (2020) → $320K (2025)
Daniel J. Wheeler
Senior Vice President Director of Portfolio Management
Vice President → Senior Vice President, 2023
Senior Vice President → Senior Vice President Director of Portfolio Management, 2025
On filings since 2020
35 hrs/week
$231K (2020) → $410K (2025)
David Rothberg
Executive Vice President Chief Financial Officer
Executive Vice President & CFO → Executive Vice President Chief Financial Officer, 2025
On filings since 2020
35 hrs/week
$451K (2020) → $892K (2025)
Douglas L. Olcott
Senior Vice President Regional Director Mortgage Officer
Senior Vice President → Senior Vice President Regional Director Mortgage Officer, 2025
On filings since 2020
35 hrs/week
$290K (2020) → $426K (2025)
Eric B. Bederman
Vice President Director of Communications
Vice President → Vice President Director of Communications, 2025
On filings since 2020
35 hrs/week
$171K (2020) → $276K (2025)
Helene S. Rudolph
Vice President Deputy General Counsel
Vice President → Vice President Deputy General Counsel, 2024
On filings since 2020
35 hrs/week
$260K (2020) → $305K (2025)
Jaime L. Tuozzolo
Senior Vice President Regional Director Mortgage Officer
Vice President → Senior Vice President, 2024
Senior Vice President → Senior Vice President Regional Director Mortgage Officer, 2025
On filings since 2020
35 hrs/week
$73K (2020) → $268K (2025)
Jaime S. Demaso
Senior Vice President Strategic Comms & Committee Engagement
Vice President → Senior Vice President, 2023
Senior Vice President → Senior Vice President Strategic Comms & Committee Engagement, 2025
On filings since 2020
35 hrs/week
$238K (2020) → $490K (2025)
James P. Millard
Vice President Construction Portfolio Manager
Vice President → Vice President Construction Portfolio Manager, 2025
On filings since 2020
35 hrs/week
$211K (2020) → $222K (2025)
Joya Cohen
Deputy General Counsel & Vice President Loan Closings
Vice President → Vice President Deputy General Counsel, 2024
Vice President Deputy General Counsel → Deputy General Counsel & Vice President Loan Closings, 2025
On filings since 2020
35 hrs/week
$61K (2020) → $282K (2025)
Lawrence G. Hammond
Senior Vice President Director of Cpc Access
Vice President → Senior Vice President, 2021
Senior Vice President → Senior Vice President Director of Cpc Access, 2025
On filings since 2020
35 hrs/week
$212K (2020) → $454K (2025)
Lu Jin
Vice President Financial Reporting
Vice President → Vice President Financial Reporting, 2025
On filings since 2020
35 hrs/week
$154K (2020) → $233K (2025)
Mary Schouenborg-Paden
Senior Vice President Mortgage Officer
Senior Vice President → Senior Vice President Mortgage Officer, 2025
On filings since 2020
35 hrs/week
$205K (2020) → $147K (2025)
Melanie A. Crocco
Senior Vice President Director of Fp & Bus Analytics
Vice President → Senior Vice President, 2024
Senior Vice President → Senior Vice President Director of Fp & Bus Analytics, 2025
On filings since 2020
35 hrs/week
$202K (2020) → $409K (2025)
Michael J. Kroog
Vice President Deputy Director Hudson Valley
Vice President → Vice President Deputy Director Hudson Valley, 2025
On filings since 2020
35 hrs/week
$129K (2020) → $205K (2025)
Nicholas V. Petragnani Jr.
Senior Vice President Director of Upstate Revitalization
Senior Vice President → Senior Vice President Director of Upstate Revitalization, 2025
On filings since 2020
35 hrs/week
$243K (2020) → $459K (2025)
Sarah C. Dupere Ostro
Vice President Operational Strategies
Vice President → Vice President Operational Strategies, 2025
On filings since 2020
35 hrs/week
$138K (2020) → $287K (2025)
Stephanie C. Canzani
Senior Vice President Chief Operating Officer
Senior Vice President → Senior Vice President & COO, 2024
Senior Vice President & COO → Senior Vice President Chief Operating Officer, 2025
On filings since 2020
35 hrs/week
$181K (2020) → $715K (2025)
Tracy M. Conley
Vice President Mortgage Officer
Vice President → Vice President Mortgage Officer, 2025
On filings since 2020
35 hrs/week
$126K (2020) → $80K (2025)
Adam Tell Metzger
Senior Vice President Equity Investments
Senior Vice President → Senior Vice President Equity Investments, 2025
On filings since 2023
35 hrs/week
$359K (2023) → $636K (2025)
Andrew J. Giglio
Vice President Deputy Director Nyc Originations
Vice President → Vice President Deputy Director Nyc Originations, 2025
On filings since 2023
35 hrs/week
$195K (2023) → $235K (2025)
Atalia Howe
Senior Vice President Program Management Climate Capital
Vice President → Senior Vice President Program Management Climate Capital, 2025
On filings since 2023
35 hrs/week
$146K (2023) → $200K (2025)
Caymary E. O'Garro
Assistant Vice President Project Manager
Deputy Chief of Staff → Assistant Vice President Project Manager, 2025
On filings since 2023
35 hrs/week
$99K (2023) → $156K (2025)
Elizabeth L. Friedman
Vice President Insurance & Risk Management
Vice President → Vice President Insurance & Risk Management, 2025
On filings since 2023
35 hrs/week
$177K (2023) → $266K (2025)
Erin P. Burns-Maine
Senior Vice President Policy, Gov Affairs for Csp & Cpc
Vice President → Senior Vice President, 2024
Senior Vice President → Senior Vice President Policy, Gov Affairs for Csp & Cpc, 2025
On filings since 2023
35 hrs/week
$248K (2023) → $586K (2025)
Jane H. Chrone
Vice President Director Construction Loan Administration
Vice President → Vice President Director Construction Loan Administration, 2025
On filings since 2023
35 hrs/week
$154K (2023) → $190K (2025)
Lysa D. Arndts
Vice President Construction Risk Management
Vice President → Vice President Construction Risk Management, 2025
On filings since 2023
35 hrs/week
$51K (2023) → $214K (2025)
Malini Nayar
Senior Vice President Chief Risk Officer
Senior Vice President → Senior Vice President Chief Risk Officer, 2025
On filings since 2023
35 hrs/week
$245K (2023) → $574K (2025)
Monique D. Jefferson
Senior Vice President Chief People Officer
Senior Vice President → Senior Vice President Chief People Officer, 2025
On filings since 2023
35 hrs/week
$191K (2023) → $605K (2025)
Sharmin Carter
Vice President Controller
Vice President → Vice President Controller, 2025
On filings since 2023
35 hrs/week
$49K (2023) → $84K (2025)
Wilhelmena A. Norman-Hernandez
Vice President Manager of Community Impact
Vice President → Vice President Manager of Community Impact, 2025
On filings since 2023
35 hrs/week
$119K (2023) → $161K (2025)
Amy Hartman
Vice President Acquisitions & Investments
Vice President → Vice President Acquisitions & Investments, 2025
On filings since 2024
35 hrs/week
$127K (2024) → $194K (2025)
Archana Bavaswamy Rao
Vice President It
Assistant Vice President Director Business Data Architecture & Development → Vice President It, 2025
On filings since 2024
35 hrs/week
$192K (2024) → $217K (2025)
Brandie Lee Moreno
Vice President Mortgage Officer
Assistant Vice President Mortgage Officer → Vice President Mortgage Officer, 2025
On filings since 2024
35 hrs/week
$179K (2024) → $194K (2025)
Jason L. Osborn
Assistant Vice President Mortgage Officer
On filings since 2024
35 hrs/week
$158K (2024) → $169K (2025)
Jonathan Jeanty
Vice President Senior Credit Officer
Vice President → Vice President Senior Credit Officer, 2025
On filings since 2024
35 hrs/week
$213K (2025)
Miriam C. Zinter
Vice President Mortgage Officer
Vice President → Vice President Mortgage Officer, 2025
On filings since 2024
35 hrs/week
$141K (2024) → $166K (2025)
Olanrewanju Rahmon Habeeb
Vice President Director of Servicing
Vice President → Vice President Director of Servicing, 2025
On filings since 2024
35 hrs/week
$139K (2024) → $209K (2025)
Andrew Ades
Senior Vice President Production Director
New on the 2025 filing
35 hrs/week
$174K (2025)
Christopher Scoville
Vice President Mortgage Officer
New on the 2025 filing
35 hrs/week
$70K (2025)
David Khukhashvili
Vice President Asset & Investment Manager
New on the 2025 filing
35 hrs/week
$163K (2025)
Ehiabhi Uwa
Mortgage Officer
New on the 2025 filing
35 hrs/week
$157K (2025)
Eva Casale
Vice President Director of Information Technology
New on the 2025 filing
35 hrs/week
$151K (2025)
Jamie Minkove
Senior Vice President Head of Operations Climate Capital
New on the 2025 filing
35 hrs/week
$114K (2025)
Joan S. Bocina
Vice President Sentior Attorney Climate Capital
New on the 2025 filing
35 hrs/week
$38K (2025)
Katherine Crisalli
Vice President & Chief of Staff
New on the 2025 filing
35 hrs/week
$129K (2025)
Kenneth Aponte
Vice President Financial Planning & Analysis
New on the 2025 filing
35 hrs/week
$214K (2025)
Leah Tatiana Zulkoski
Vice President Portfolio Capital Planning & Execution
New on the 2025 filing
35 hrs/week
$78K (2025)
Lindsay Robbins
Vice President Climate Capital
New on the 2025 filing
35 hrs/week
$29K (2025)
Matthew Chang
Vice President Senior Construction Portfolio Manager
New on the 2025 filing
35 hrs/week
$159K (2025)
Neil Adamson
Senior Vice President Capital Strategies
New on the 2025 filing
35 hrs/week
$72K (2025)
Patrick B. Lockhart
Vice President Finance Operations
New on the 2025 filing
35 hrs/week
$59K (2025)
Paul Lynch
Vice President Controller
New on the 2025 filing
35 hrs/week
$125K (2025)
Pawel Sieradzy
Vice President Portfolio Manager
New on the 2025 filing
35 hrs/week
$157K (2025)
Wesley Young
Vice President & Construction Risk
New on the 2025 filing
35 hrs/week
$96K (2025)
William John Cassidy
Vice President Director of Treasury Operations
New on the 2025 filing
35 hrs/week
$204K (2025)
Former officers (54)
- Former: Carol M. Joseph (2020–2024) — Director
- Former: Erin K. Macher (2020–2024) — Vice President
- Former: John J. Tucci (2020–2024) — Vice President
- Former: Marc S. Levine (2020–2024) — Vice President
- Former: William C. Russo IV (2020–2024) — Senior Vice President
- Former: John M. Cannon (2021–2024) — President & Cpc Mortgage Company
- Former: Anita S. Kendrick (2023–2024) — Vice President
- Former: Mildred A. Deane (2023–2024) — Senior Vice President
- Former: Ross J. Clarke (2023–2024) — Vice President
- Former: Katherine Martin (2024) — Assistant Vice President Director of Facilities Operations
- Former: Carolyn Au (2020–2023) — Executive Vice President & COO
- Former: Elizabeth Propp (2020–2023) — Senior Vice President
- Former: George Chung (2020–2023) — Vice President
- Former: Jaclyn R. Keane (2020–2023) — Vice President
- Former: Jeffrey B. Ely (2020–2023) — Senior Vice President
- Former: Joseph Tancredi (2020–2023) — Vice President
- Former: Leon Shnayder (2020–2023) — Manager of Infrastructure Services
- Former: Matthew A. Meskill (2020–2023) — Vice President
- Former: Michael K. Staton Sr. (2020–2023) — Vice President
- Former: Roger G. Garcia (2020–2023) — Vice President
- Former: Sharon S. Fierstein (2020–2023) — Vice President
- Former: Thomas P. McGrath (2020–2023) — Senior Vice President
- Former: Timothy Deegan (2020–2023) — Vice President
- Former: Chanda B. Tye (2021–2023) — Deputy Chief Fha Underwriter
- Former: David S. Galst (2021–2023) — Vice President
- Former: Hunter Ca Gradie (2021–2023) — Vice President
- Former: Steven M. Getz (2021–2023) — Vice President
- Former: Alexander K. Hajek (2022–2023) — Production Manager Freddie Mac Small Balance Loan
- Former: Alice M. Anigacz (2023) — Vice President
- Former: Anthony Annunziato (2023) — Senior Associate
- Former: Leah Horowitz (2023) — Senior Associate
- Former: Nicole Ferreira (2023) — Director
- Former: Adam P. Wildstein (2020–2022) — Vice President
- Former: Alan Wiener (2020–2022) — Director
- Former: Bruce A. Beal (2020–2022) — Director
- Former: Glenn P. Lunde (2020–2022) — Vice President
- Former: Michael A. Dewitt (2020–2022) — Vice President
- Former: Michael A. Skrebutenas (2020–2022) — Senior Vice President
- Former: Todd A. Gomez (2020–2022) — Director
- Former: Wanda Chin (2020–2022) — Senior Vice President
- Former: Andrea L. Azzolina (2021–2022) — Senior Vice President
- Former: Michael W. Laurencelle (2021–2022) — Vice President
- Former: Thomas Laurencelle (2021–2022) — Vice President
- Former: Charles D. Keegan (2022) — Senior Underwriter
- Former: Gouri S. Mukherjee (2020–2021) — Vice President
- Former: Mandar L. Shilotri (2020–2021) — Vice President
- Former: Rachel A. Duncan (2020–2021) — Fha Map Approved Underwriter
- Former: Richard T. Carr (2020–2021) — Vice President
- Former: Janet T. Le (2020) — Senior Underwriter
- Former: Linda Tang (2020) — Vice President
- Former: Louis J. Tiberio (2020) — Vice President
- Former: Matthew L. Nelson (2020) — Vice President
- Former: Michelle A. Volpe (2020) — Vice President
- Former: Richard P. Conley (2020) — Senior Vice President
Data from IRS Form 990 filings, 2020–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Compensation Overview
From 2025 IRS filing
The highest reported compensation on the 2025 filing was $1.5M, to Rafael E Cestero (CEO). 64 officers or directors reported compensation on that filing.
Frequently asked questions about The Community Preservation Corporation
How much does The Community Preservation Corporation give each year?
The Community Preservation Corporation gave $225K across 15 grants in 2025, according to its 2025 IRS Form 990. In 2024 it gave $200K across 15 grants.
What is The Community Preservation Corporation's typical grant size?
The Community Preservation Corporation's median grant in 2025 was $10,000, and its average grant was $15,029, across 15 grants on its 2025 IRS Form 990. Organizations receiving their first grant from The Community Preservation Corporation that year got $14K on average.
Where does The Community Preservation Corporation give grants?
The Community Preservation Corporation gives mostly in New York: 84% of the grant dollars itemized on its 2025 IRS Form 990 went to recipients there. The next largest state was Massachusetts (11%). The most frequent recipient cities were New York, NY (9 grants).
Does The Community Preservation Corporation give general operating support?
Yes: 100% of The Community Preservation Corporation's 2025 grants with a stated purpose (15 of 15) were for general or operating support, per its 2025 IRS Form 990.
Who are The Community Preservation Corporation's largest grantees?
The Community Preservation Corporation's largest 2025 grantees include New York Housing Conference ($35,000), Hudson Valley Pattern for Progress ($25,700) and Westhab Inc ($25,000), according to its 2025 IRS Form 990. Together they received 38% of its itemized 2025 grant dollars.
How large is The Community Preservation Corporation?
The Community Preservation Corporation reported $1.7B in total assets on its 2025 IRS Form 990. Its revenue that year was $123.9M.
What does The Community Preservation Corporation fund?
CPC’s stated mission is “to combat community deterioration, promote the general welfare, and lessen the burdens of government by providing debt and/or equity financing for low & moderate income housing.” See mission & focus areas ↑
How do I apply for a grant from The Community Preservation Corporation?
The Community Preservation Corporation has no public application process in the sources Grantable reviewed. Check communityp.com for current guidelines, or contact the foundation directly before submitting a request.
What is The Community Preservation Corporation's EIN?
The Community Preservation Corporation's EIN (Employer Identification Number) is 13-2792409. IRS Form 990 filing data is available on this page for 2020–2025.
Data last updated October 2026. Sourced from IRS Form 990 filings. Research dossier generated October 2026.
Data update history
(7)
When this profile's IRS filing data changed on Grantable
- Updated Form 990 for fiscal year 2020 (received by the IRS April 14, 2021)
- Updated Form 990 for fiscal year 2021 (received by the IRS May 4, 2022)
- Updated Form 990 for fiscal year 2022 (received by the IRS May 4, 2023)
- Updated Form 990 for fiscal year 2023 (received by the IRS May 7, 2024)
- Updated Form 990 for fiscal year 2024 (received by the IRS May 12, 2025)
- Added Form 990 for fiscal year 2025 (received by the IRS May 15, 2026)
- IRS filings on file for fiscal years 2020–2024
Explore Open Grants
Browse active grant opportunities in The Community Preservation Corporation's focus areas in our free grants database
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Phipps Houses
New York, NY
Phipps Houses was founded by henry phipps in 1905 to provide affordable and well-designed housing for working class new yorkers. Phipps Houses, a not-for-profit corporation, is New York city's oldest and largest not-for-profit developer, sponsor and owner of housing for low and moderate-income families. The mission of Phipps Houses is the creation of enduring communities for such families, through housing development, related property management and social services.
Assets
$994.1M
Grants
6
Total Given
$171K
Robin Hood Foundation
New York, NY
Robin Hood funds effective poverty-fighting programs serving low-income New Yorkers, including work in education, health, employment, housing, and household support, primarily across New York City’s five boroughs. Its 2024 grants had a median of about $309,000, with amounts ranging from $17,000 to $5.36 million. It does not accept unsolicited requests, but eligible organizations can submit an expression of interest and apply to periodic funding opportunities.
Assets
$334.5M
Grants
249
Total Given
$126.3M
Association for Neighborhood & Housing Development
New York, NY
ANHD funds New York City community organizations working on affordable housing, housing preservation, community development, and equitable neighborhoods, including through training, technical assistance, organizing, and advocacy. Its 2025 grants ranged from $12,500 to $37,500, with a median of $15,000. The profile does not state whether it accepts unsolicited requests.
Assets
$6.2M
Grants
12
Total Given
$228K
Enterprise Community Partners Inc
Columbia, MD
Enterprise Community Partners funds affordable housing and community development, including housing production and preservation, community organizations, capacity building, and related resident services. Its 2025 itemized grants had a median of $45,000, with awards ranging from $5,500 to about $13.6 million, and its work spans the United States. The profile does not state whether it accepts unsolicited requests.
Assets
$941.1M
Grants
347
Total Given
$61.8M
Walentas Foundation Ltd
Southampton, NY
The Walentas Foundation supports a wide range of causes, including ALS research, arts, education, youth and family services, affordable housing, and community programs, with most funding going to New York organizations. Its 2024 grants ranged from $200 to $505,000, with a median award of $7,500; it accepts applications from qualified 501(c)(3) organizations, which must include specified organizational and project information and arrive by February 28.
Assets
—
Grants
119
Total Given
$2.5M
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Cite this profile
Grantable. (2026). The Community Preservation Corporation funder profile. GrantGraph. Retrieved October 14, 2026, from https://grantable.co/funders/the-community-preservation-corporation-morg_e286f66173ee403bb35d940f2050f739
BibTeX
@misc{grantable_132792409_2026,
author = {{Grantable}},
title = {{The Community Preservation Corporation funder profile}},
howpublished = {GrantGraph},
year = {2026},
url = {https://grantable.co/funders/the-community-preservation-corporation-morg_e286f66173ee403bb35d940f2050f739},
note = {Accessed 2026-10-14. Data licensed CC BY 4.0}
}The figures on this page are open data under CC BY 4.0: reuse them with credit to Grantable and a link. Download the data.
Figures come from The Community Preservation Corporation's IRS filings (methodology). AI-written summaries, news items and logos are not covered by the open licence. Spot an error? Email hello@grantable.co.
The Community Preservation Corporation down — hundreds of funders to go?