The Philada Home Fund

CINCINNATI, OH EIN: 31-0677810

The Philada Home Fund is a private foundation established in 1965 and based in Cincinnati, Ohio. The organization operates as a 501(c)(3) nonprofit with a focused mission centered on affordable housing for vulnerable populations.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$6.8M

+1.8% YoY

Annual Giving

$275K

+7.5% YoY

Grant Count

20

-4.8% YoY

Avg Grant Size

$14K

+12.8% YoY

Research compiled by Grantable AI from public sources. Last updated April 2026.

Mission & Focus Areas

The foundation's stated purpose is to secure and operate residential apartments for aged and needy persons. The organization provides support for the needy and aged to obtain affordable housing, including the payment of housing subsidies. According to its foundational documents, the fund operates under the principle that rental income shall be charged at or below cost, with no expectation of profit, and with provisions for subsidizing individuals unable to pay full rental amounts.

Grantmaking

The Philada Home Fund made 20 grants in its most recent fiscal year (2024). Grant amounts typically range from $1,356 to $46,144. In 2024, the foundation awarded $10,068 to Slider Scholarship Trust Wesbanco Bank Parkersburg Trustee for subsidized apartment rent.

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Geographic Focus

Where this funder awards grants

The foundation's grantmaking activities extend across Ohio, West Virginia, and Indiana.

Grant Distribution by State

5states

Cities

CentervilleCincinnatiDenverHamiltonHeathIndianpolisLovelandMasonMt WashingtonSan FranciscoWest ChesterWheeling

Financial History

Multi-year comparison from IRS filings

As of December 31, 2024:

  • Total assets: $6,796,292
  • Total revenues: $516,490
  • Total expenses: $394,999
  • Investment income and dividends: $223,046
  • Net gain from sale of non-inventory assets: $293,444

As of December 31, 2023:

  • Total revenues: $123,558
  • Investment income and dividends: $211,016

The foundation has zero employees and operates with a staff structure reliant on trustees.

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$329K$658K$987K$1M201920202021202220232024
Metric202420232022
Total Assets$6,796,292$6,674,801$6,925,618
Revenue$516,490$123,558$334,823
Expenses$394,999$374,375$379,130
Qualifying Distributions$361,969$342,868$345,341
Net Investment Income$483,666$179,509$301,034
Distributable Amount

Giving Over Time

Total grant dollars and number of grants per year

$0$69K$138K$207K$275K23 grants201923 grants202021 grants202120 grants202221 grants202320 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

STEEPLECHASE JV LLC$44KLOVELAND PIERCE LTD$32KARBORS OF MONTGOMERY$25KRL MAGNOLIA ALTITUTED SU…$22KHILLS PROPERTY MANAGEMENT$21KAMBERLY HOUSE$16KINNA POLIAKOV$16KGLENWOOD HOUSING PARTNER…$11KSTONE BRIDGE PARTNERS$11KNIKITA KHAYKIN$11K

Grant Size Distribution

105 grants across all recorded years

103<$50K2$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Steeplechase Jv Llc ($44,347), Loveland Pierce Ltd ($31,761), Arbors of Montgomery ($24,821).

RecipientPurposeAmount
AMBERLY HOUSE CINCINNATI, OHSUBSIDIZED APARTMENT RENT$15,725
ARBORS OF MONTGOMERY DENVER, COSUBSIDIZED APARTMENT RENT$24,821
DEBORAH JOHNSON POWELL DJP ENTERPRI WEST CHESTER, OHSUBSIDIZED APARTMENT RENT$6,756
DOMIK LTD CINCINNATI, OHSUBSIDIZED APARTMENT RENT$6,504
FOX RUN APARTMENT ASSOCIATES LTD CINCINNATI, OHSUBSIDIZED APARTMENT RENT$6,728
GLENWOOD HOUSING PARTNERS LLC CINCINNATI, OHSUBSIDIZED APARTMENT RENT$11,100
HILLS PROPERTY MANAGEMENT CINCINNATI, OHSUBSIDIZED APARTMENT RENT$21,275
INNA POLIAKOV MASON, OHSUBSIDIZED APARTMENT RENT$15,540
LOVELAND PIERCE LTD LOVELAND, OHSUBSIDIZED APARTMENT RENT$31,761
MARLEEN COX-GRIEBLER HEATH, OHSUBSIDIZED APARTMENT RENT$8,576

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

NameTitleHoursCompensation
DONALD J SHULLERPRESIDENT
RONALD J WEITZENKORNTREASURER
CAROL KABELTRUSTEE
MARK SASSTRUSTEE
LINDA DENHAMTRUSTEE
DEBORAH SLOVUTTRUSTEE
MARK KANTERTRUSTEE

Frequently Asked Questions

What does The Philada Home Fund fund?

The foundation's stated purpose is to secure and operate residential apartments for aged and needy persons. The organization provides support for the needy and aged to obtain affordable housing, including the payment of housing subsidies. According to its foundational documents, the fund operates under the principle that rental income shall be charged at or below cost, with no expectation of profit, and with provisions for subsidizing individuals unable to pay full rental amounts.

How do I apply for a grant from The Philada Home Fund?

The Philada Home Fund made 20 grants in its most recent fiscal year (2024). Grant amounts typically range from $1,356 to $46,144. In 2024, the foundation awarded $10,068 to Slider Scholarship Trust Wesbanco Bank Parkersburg Trustee for subsidized apartment rent. Total giving in 2024 was $275,496.

Where does The Philada Home Fund make grants?

The foundation's grantmaking activities extend across Ohio, West Virginia, and Indiana.

What size grants does The Philada Home Fund award?

In 2024, The Philada Home Fund awarded 20 grants totaling $275K — an average of about $14K per grant, based on its IRS Form 990 filings.

What is The Philada Home Fund's EIN?

The Philada Home Fund's EIN (Employer Identification Number) is 31-0677810. IRS Form 990 filing data is available on this page for 2019–2024.

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Data last updated June 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.

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