The Homestead Foundation Inc
The Homestead Foundation, Inc. is an Atlanta-based private foundation and small family grantmaking foundation established in 2008. It describes its philanthropic values as community, equity, inclusion, and justice.
The Homestead Foundation Inc at a glance
In short: The Homestead Foundation Inc gave $250K across 10 grants in 2024 (avg $25K), top state Massachusetts. 60% of 2024 grantees were new. Source: 2024 IRS Form 990-PF.
- Annual giving (2024)
- $250,000
- -70.6% vs 2023
- Grants made (2024)
- 10
- -81.5% vs 2023
- Average grant
- $25,000
- +58.8% vs 2023
- Median grant
- $25,000
- Total assets
- $20,835,435
- +342.4% vs 2023
- New grantees (estimate)
- 60% first-time grantees (6 of 10, 2024; small sample)
- Primary geography
- Massachusetts (30% of itemized 2024 grant dollars)
- Latest 990 filing
- Form 990-PF, 2024 View filing
Data from IRS Form 990-PF, 2024; updated October 2026. New grantees are estimated by matching recipient names across years (methodology).
How to apply to The Homestead Foundation Inc
- How to Apply
-
Submit an Executive Summary Coversheet, a narrative of no more than two to three pages, and attachments described in the guidelines by email to the executive director. The coversheet should include organizational and contact details, request amount and duration, intended use of funds, and a brief grant summary. Decisions are communicated by the end of May, with payments processed in June or July.
- Review Cycle
- March 15 at 5:00 p.m.; if that date falls on a Saturday or Sunday, proposals are due the following Monday at 5:00 p.m.
- Deadline
- March 15 at 5:00 p.m.; if that date falls on a Saturday or Sunday, proposals are due the following Monday at 5:00 p.m.
- Contact
Application contact: Sara J Cofrin Walsh
Mailing address: 685 Linwood Avenue Suite 100A, Altlanta, GA 30306
Phone: (404) 566-4278
Website: https://homesteadfoundation.org
Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.
Who The Homestead Foundation Inc funds
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
The largest 2024 recipient was Sandisfield Arts & Restoration Committee ($50K). Together the top 10 received $250K.
Grant Size Distribution
206 grants across all recorded years
The most common grant size was under $50K: 198 grants of 206 (96%).
Geographic Focus
Where this funder awards grants
The foundation’s guidelines identify the Atlanta metro area, Greater Boston, and Western Massachusetts as its primary geographic areas. In 2024, grant dollars went to recipients in Massachusetts (30%), Georgia (30%), North Carolina (20%), California (10%), and Washington, D.C. (6%). The listed 2024 grants included recipients in Atlanta and Decatur, Georgia, and in Massachusetts communities including Sandisfield, Somerville, and Hyannis.
Grant Distribution by State
Share of 2024 grant dollars across all 10 itemized grants.
States
Cities
Is The Homestead Foundation Inc open to new grantees?
60%
first-time grantees, 2024
In 2024, 6 of 10 grantees (60%) were first-time recipients. With only 10 grantees, that is a small sample: one grantee more or less moves the share by about 10 points. First grants averaged $31K; repeat grants $16K. How we count
Medians: $25K first-time, $14K repeat.
- 40% of 2024 grantees were also funded in 2023. Method
- Giving fell 69% from 2021 to 2024. Method
- In 2024 it paid out 58% of its IRS minimum distribution (the 5% rule). Foundations have until the end of the next year to meet it. Method
Estimate from itemized grant lists in IRS Form 990-PF filings (2020–2024). 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 2024, annual grant giving ranged from $250K (2024) to $850K (2023). In 2024 it made 10 grants totaling $250K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Sandisfield Arts & Restoration Committee Sandisfield, MA | General Operating | $50,000 |
| Grace Covenant Presbyterian Church Asheville, NC | General Operating | $50,000 |
| Wylde Center Inc Decatur, GA | Gneral Operating | $25,000 |
| Feminist Women's Health Center Atlanta, GA | General Operating | $25,000 |
| Possibility Labs San Francisco, CA | General Operating | $25,000 |
| Praise House Project Inc Atlanta, GA | General Operating | $25,000 |
| Food Recovery Network Inc Washington, DC | General Operating | $15,000 |
| Somerville Homeless Coalition Inc Somerville, MA | General Operating | $12,500 |
| Housing Assistance Corporation Hyannis, MA | General Operating | $12,500 |
| Ekvnv-Yefolecv Weogufka, AL | General Operating | $10,000 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Net Investment Income | Distributable Amount |
|---|---|---|---|---|---|---|---|---|
| 2024 | $20,835,435 | $16,449,621 | $348,051 | $250,000 | 10 | $273,569 | $340,706 | $471,145 |
| 2023 | $4,709,283 | $460,333 | $900,488 | $850,000 | 54 | $857,766 | $165,846 | $411,300 |
| 2022 | $5,397,934 | $774,304 | $759,304 | $705,735 | 47 | $710,575 | $735,012 | $419,962 |
| 2021 | $5,362,810 | $746,848 | $852,359 | $810,000 | 45 | $812,447 | $463,664 | $505,098 |
| 2020 | $5,665,213 | $24,051 | $777,261 | $740,500 | 50 | — | $108,663 | $396,694 |
Under IRS private-foundation payout rules, The Homestead Foundation Inc reported a distributable amount of $471K for 2024 — the minimum it must pay out in qualifying distributions.
Research compiled by Grantable AI from public sources. Last updated September 2026.
Mission & Focus Areas
The foundation describes its values, but does not state a separate mission in the available information. Its guidelines prioritize organizations whose work mainly takes place in the Atlanta metro area, Greater Boston, or Western Massachusetts, and organizations serving or led by low-income communities, immigrants, Black, Indigenous and other people of color, women and girls, and LGBTQIA+ communities.
The 2024 grantees illustrate a range of supported work. Feminist Women’s Health Center describes its work as providing accessible gynecological care and promoting reproductive rights. Wylde Center describes itself as an environmental education organization with community greenspace and education programs. Possibility Labs says it works to co-create an economy in which Black, Indigenous, people of color, and historically low-income communities have self-determination. Other 2024 grantees described in the available information work on food recovery, affordable housing, and services for people experiencing homelessness.
Grantmaking
In filing year 2024, the foundation reported 10 grants totaling $250,000. Grant amounts ranged from $10,000 to $50,000, with a median of $25,000. The largest listed grants were $50,000 each to Sandisfield Arts & Restoration Committee and Grace Covenant Presbyterian Church. Other listed awards included $25,000 each to Wylde Center, Feminist Women’s Health Center, Possibility Labs, and Praise House Project.
The foundation’s guidelines say it accepts proposals from organizations with annual budgets under $3 million; a request may not exceed 50% of the total request budget. First-time applicants should request a one-year grant; returning grantees may request one- or two-year grants. General operating and program grants are available, with capital or special-campaign grants considered on a limited basis. The foundation does not fund endowments, annual fund campaigns, re-granting programs, special-event sponsorships, or individuals. Its guidelines also list government agencies, local affiliates or chapters of national organizations, and religious organizations as ineligible.
Leadership & Key People
Leadership team and compensation from IRS filings
The 2024 filing lists Christine Tryba-Cofrin as president and director; David H. Cofrin as vice president, treasurer, and director; Jessica W. Cofrin as vice president and director; Sara J. Cofrin Walsh as executive director; Shannon Cofrin Gaggero as secretary and director; and David L. Gaggero and Alan Walsh as directors. The foundation says an advisory board sets policy and reviews grants.
The Homestead Foundation Inc is led by Sara J. Cofrin Walsh, Executive Director since 2024 (on filings since 2020); 1 of 7 officers listed in 2024 is compensated.
Officers on the 2024 filing
Sara J. Cofrin Walsh
Executive Director
Vice President & Director → Executive Director, 2024
On filings since 2020
20 hrs/week
$36K (2024)
Christine Tryba-Cofrin
President & Director
On filings since 2020
8 hrs/week
No compensation reported
Alan Walsh
Director
On filings since 2020
2 hrs/week
No compensation reported
David H. Cofrin
Vice President, Treasurer & Director
On filings since 2020
2 hrs/week
No compensation reported
David L. Gaggero
Director
On filings since 2020
2 hrs/week
No compensation reported
Jessica W. Cofrin
Vice President & Director
On filings since 2020
2 hrs/week
No compensation reported
Shannon Cofrin Gaggero
Secretary & Director
On filings since 2020
8 hrs/week
No compensation reported
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 $36K, to Sara J Cofrin Walsh (Executive Director).
Frequently asked questions about The Homestead Foundation Inc
How much does The Homestead Foundation Inc give each year?
The Homestead Foundation Inc gave $250K across 10 grants in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $850K across 54 grants.
What is The Homestead Foundation Inc's typical grant size?
The Homestead Foundation Inc's median grant in 2024 was $25,000, and its average grant was $25,000, across 10 grants on its 2024 IRS Form 990-PF. Organizations receiving their first grant from The Homestead Foundation Inc that year got $31K on average.
Where does The Homestead Foundation Inc give grants?
The Homestead Foundation Inc's top state is Massachusetts, with 30% of the grant dollars itemized on its 2024 IRS Form 990-PF. The next largest states were Georgia (30%) and North Carolina (20%). The most frequent recipient cities were Atlanta, GA (2 grants).
Does The Homestead Foundation Inc give general operating support?
Yes: 100% of The Homestead Foundation Inc's 2024 grants with a stated purpose (10 of 10) were for general or operating support, per its 2024 IRS Form 990-PF.
Who are The Homestead Foundation Inc's largest grantees?
The Homestead Foundation Inc's largest 2024 grantees include Sandisfield Arts & Restoration Committee ($50,000), Grace Covenant Presbyterian Church ($50,000) and Wylde Center Inc ($25,000), according to its 2024 IRS Form 990-PF. Together they received 50% of its itemized 2024 grant dollars.
How large is The Homestead Foundation Inc?
The Homestead Foundation Inc reported $20.8M in total assets on its 2024 IRS Form 990-PF. It paid out $274K in qualifying distributions that year, against a required minimum of $471K (roughly 5% of its investment assets). Falling short in one year is not a violation: foundations have until the end of the next year to meet the minimum.
What does The Homestead Foundation Inc fund?
The foundation describes its values, but does not state a separate mission in the available information. See mission & focus areas ↑
How do I apply for a grant from The Homestead Foundation Inc?
Submit an Executive Summary Coversheet, a narrative of no more than two to three pages, and attachments described in the guidelines by email to the executive director. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑
What is The Homestead Foundation Inc's EIN?
The Homestead Foundation Inc's EIN (Employer Identification Number) is 32-0262061. IRS Form 990 filing data is available on this page for 2020–2024.
Data last updated October 2026. Sourced from IRS Form 990-PF filings. Research dossier generated September 2026.
Data update history
(1)
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2020–2024
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Cite this profile
Grantable. (2026). The Homestead Foundation Inc funder profile. GrantGraph. Retrieved October 15, 2026, from https://grantable.co/funders/the-homestead-foundation-inc-morg_7e5135eb772641a3b9e22a07b87fbec8
BibTeX
@misc{grantable_320262061_2026,
author = {{Grantable}},
title = {{The Homestead Foundation Inc funder profile}},
howpublished = {GrantGraph},
year = {2026},
url = {https://grantable.co/funders/the-homestead-foundation-inc-morg_7e5135eb772641a3b9e22a07b87fbec8},
note = {Accessed 2026-10-15. 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 Homestead Foundation Inc'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.
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