Foundation for Affordable Rental Housing
ATLANTA, GA EIN: 20-2563055
TO PROVIDE LOW INCOME HOUSING.
Financial Overview
From 2024 IRS Form 990-PF
Total Assets
$779.6M
+11.0% YoY
Annual Giving
$39.1M
+161.0% YoY
Grant Count
2
+100.0% YoY
Avg Grant Size
$19.6M
+30.5% YoY
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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
No grants recorded for .
Who else does Foundation for Affordable Rental Housing fund?
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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 | — |
Geographic Focus
Where this funder has awarded grants
Grant Distribution by State
Georgia $77.0M (100%)
States
Cities
Atlanta
Data last updated March 2026. Sourced from IRS Form 990-PF filings.
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