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Affordable Housing Opportunity Fund Inc. is a private corporation based in CHARLOTTESVLE, VA. The foundation received its IRS ruling in 2019. The principal officer is Ashley Davies. It holds total assets of $2.7M. Annual income is reported at $3.7M. Total assets have grown from $1.5M in 2019 to $2.7M in 2024. The foundation is governed by 2 officers and trustees. The foundation operates in the area of philanthropy & grantmaking. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2020 to 2024. Grantmaking is concentrated in Virginia. According to available records, Affordable Housing Opportunity Fund Inc. has made 7 grants totaling $2.1M, with a median grant of $335K. Annual giving has decreased from $1.2M in 2020 to $880K in 2022. Individual grants have ranged from $50K to $491K, with an average award of $304K. Grant recipients are concentrated in Virginia. Contributions to this foundation are tax-deductible.
Smallest Grant
$60K
Median Grant
$1.8M
Average Grant
$2.3M
Largest Grant
$5.3M
Based on 4 grants from the most recent 990-PF filing.
No program descriptions are available for this foundation. Many private foundations report program activities in their annual 990-PF filings — check the Tax Filings section below for the most recent filing.
Affordable Housing Opportunity Fund Inc. primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 7 grants. Its grantmaking reaches organizations primarily in VA.
Affordable Housing Opportunity Fund Inc. has distributed a total of $2.1M across 7 grants. The median grant size is $335K, with an average of $304K. Individual grants have ranged from $50K to $491K.
Affordable Housing Opportunity Fund Inc. typically selects its grantees rather than accepting unsolicited proposals.
Affordable Housing Opportunity Fund Inc. is headquartered in CHARLOTTESVLE, VA.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Ashley Davies | EXECUTIVE DIRECTOR/SECRETARY/TREASURER | $0 | $0 | N/A |
| Ann Kingston | CHAIRPERSON | $0 | $0 | N/A |
Total Giving
N/A
Total Assets
$2.7M
Fair Market Value
N/A
Net Worth
$2.7M
Grants Paid
N/A
Contributions
N/A
Net Investment Income
N/A
Distribution Amount
N/A
Total Grants
7
Total Giving
$2.1M
Average Grant
$304K
Median Grant
$335K
Unique Recipients
1
Most Common Grant
$200K
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Charlottesville Community Development CorpSOUTH FIRST PHASE II | Charlottesville, VA | $335K | 2022 |