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Housing Affordability Trust is a private trust based in NASHVILLE, TN. The foundation received its IRS ruling in 2014. The principal officer is Co Synovus Trust Company Na. It holds total assets of $53.7M. Annual income is reported at $1.5M. The foundation is governed by 5 officers and trustees. The foundation operates in the area of human services. Tax records are available from 2020 to 2024. Grantmaking is concentrated in Alabama. According to available records, Housing Affordability Trust has made 79 grants totaling $13.5M, with a median grant of $105K. The foundation has distributed between $4.2M and $4.7M annually from 2020 to 2022. Individual grants have ranged from $667 to $1M, with an average award of $171K. The foundation has supported 39 unique organizations. Grants have been distributed to organizations in Alabama and Virginia. Contributions to this foundation are tax-deductible.
Smallest Grant
$667
Median Grant
$100K
Average Grant
$176K
Largest Grant
$602K
Based on 26 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.
Housing Affordability Trust primarily funds organizations in the area of human services. Based on available records, the foundation has funded 79 grants. Its grantmaking reaches organizations primarily in AL, VA.
Housing Affordability Trust has distributed a total of $13.5M across 79 grants. The median grant size is $105K, with an average of $171K. Individual grants have ranged from $667 to $1M.
The application deadline is April 30.
Housing Affordability Trust is headquartered in NASHVILLE, TN. While based in TN, the foundation distributes grants to organizations across 2 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Synovus Trust Company Na | Trustee | $215K | $0 | $215K |
| Perry Shuttlesworth | Trust Advisory Board | $0 | $0 | N/A |
| Sam Parker | Trust Advisory Board | $0 | $0 | N/A |
| Michael Davis | Trust Advisory Board | $0 | $0 | N/A |
| Hugo Isom | Trust Advisory Board | $0 | $0 | N/A |
Total Giving
N/A
Total Assets
$53.7M
Fair Market Value
N/A
Net Worth
$53.7M
Grants Paid
N/A
Contributions
N/A
Net Investment Income
N/A
Distribution Amount
N/A
Total Grants
79
Total Giving
$13.5M
Average Grant
$171K
Median Grant
$105K
Unique Recipients
39
Most Common Grant
$50K
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| ThresholdDiscretionary | Birmingham, AL | $93K | 2022 |
| Jefferson County Housing AuthorityDiscretionary | Birmingham, AL | $439K | 2022 |
| Navigate Communities LlcDiscretionary | Birmingham, AL | $388K | 2022 |
| Habitat For HumanityDiscretionary | Fairfield, AL | $350K | 2022 |
| Will Bright FoundationDiscretionary | Trussville, AL | $338K | 2022 |
| Grace House MinistriesDiscretionary | Birmingham, AL | $295K | 2022 |
| Western Horizons DevelopmentDiscretionary | Birmingham, AL | $282K | 2022 |
| Neighborhood Housing ServicesDiscretionary | Birmingham, AL | $274K | 2022 |
| Bessemer Redevelopment CorpDiscretionary | Bessemer, AL | $264K | 2022 |
| Build UpDiscretionary | Birmingham, AL | $256K | 2022 |
| United Way Of Central AlabamaDiscretionary | Birmingham, AL | $245K | 2022 |
| The Lovelady CenterDiscretionary | Birmingham, AL | $238K | 2022 |
| Aids Alabama IncDiscretionary | Birmingham, AL | $204K | 2022 |
| Girls Inc Of Central AlabamaDiscretionary | Birmingham, AL | $197K | 2022 |
| Hispanic Interest Coalition Of AlabamaDiscretionary | Birmingham, AL | $131K | 2022 |
| Ywca Of Central AlabamaDiscretionary | Birmingham, AL | $116K | 2022 |
| Mercy Deliverance MinistryDiscretionary | Bessemer, AL | $105K | 2022 |
| The WellhouseDiscretionary | Odenville, AL | $100K | 2022 |
| Cooperative Downtown MinistriesDiscretionary | Birmingham, AL | $99K | 2022 |
| Collat Jewish Family ServicesDiscretionary | Birmingham, AL | $68K | 2022 |
| Heart Gallery Of AlabamaDiscretionary | Birmingham, AL | $55K | 2022 |
| Oasis Counseling For Women And ChildrenDiscretionary | Birmingham, AL | $43K | 2022 |
| First Light IncDiscretionary | Birmingham, AL | $42K | 2022 |
| The Literacy Council Of Central AlabamaDiscretionary | Birmingham, AL | $30K | 2022 |
| Titusville DevelopmentDiscretionary | Birmingham, AL | $26K | 2022 |
| The Foundry MinistriesDiscretionary | Bessemer, AL | $25K | 2022 |
| Changed Lives Christian Center IncDiscretionary | Birmingham, AL | $21K | 2022 |
| Woodlawn FoundationDiscretionary | Birmingham, AL | $254K | 2021 |
| Camp Fire Usa Central AlabamaDiscretionary | Homewood, AL | $50K | 2021 |