· Public charity
National Equity Fund Inc
National equity fund's mission is to create and deliver innovative, collaborative financial solutions to expand the creation and preservation of affordable housing.
What you funded, over time
Every grant placed by its stated purpose and the recipient’s mission, by year — across FY2017–2024.
Where the money goes
Your grants by size, and where they go.
By grant size · FY2024
- $10k–50k2 grants · $55k
- $250k+1 grant · $17M
| Recipient | Amount |
|---|---|
| LOCAL INITIATIVES SUPPORT CORPORATION | $17,400,000 |
| ABBEY ROAD INC | $40,000 |
| CHICAGO REHABILITATION NETWORK | $15,000 |
Do your dollars go where the need is?
Each grant placed by the hardship in its grantee’s ZIP, then read against the area’s typical level.
Your human-services grants (FY18–24, $169k) land where the poverty rate runs at 12%, against an area that typically sits at 10%. 89% of those dollars go to grantees based in above-average-need neighborhoods. Most of your grants land in higher-need ZIPs.
Matched: human-services grants are those whose grantee’s IRS cause code is Human Services. Placed by people below the poverty linein the grantee’s ZIP, averaged from the tracts in that ZIP; grantee ZIP can differ from where services are delivered.
Which US states your grants reach
US grants placed by each grantee’s ZIP, which can differ from where services are actually delivered. Need from public data — U.S. Census/ACS, CDC PLACES, Eviction Lab, USDA — shown as context about the area, never attributed to your giving.
Who you back again
Which organizations you funded more than once, and which you funded a single time. Each grantee is matched to its own filings.
And the relationships you keep tend to grow: grantees you re-up on have seen median revenue of +113% since the first grant, against +52% for the ones you funded once.
8 repeat relationships — 2 still active in FY2024, 6 since wound down; 1 grantees were first funded in FY2024 (too recent to call).
How the two cohorts compare
Organizations
Total granted
Median revenue growth · since first grant
Still filing today
New vs renewed · share of each year
In FY2024, 100% of grant dollars renewed an existing relationship; $40k went to new ones.
Where new relationships form · theme of each grantee’s first grant
First-time = a grantee’s first year in your filing window; renewed = funded in an earlier year too. As a portfolio matures the renewed share naturally climbs — once funded, an org stays “renewable” — so the signal is the years that buck it (a new-grantee intake wave). The earliest year is left-censored: relationships that predate the data read as “new.” Theme is the grantee’s IRS cause.
Backed again, and grew
LOCAL INITIATIVES SUPPORT CORPORATION8× · 2017–2024 · $114M · revenue +135%- CRCHICAGO REHAB NETWORK6× · 2017–2024 · $100k · revenue +113%
- NHNew Hope Housing Inc2× · 2018–2019 · $60k · revenue +10%
Funded once
- NCNATIONAL CHURCH RESIDENCESgraduatedone grant, 2019 · $100k · revenue +153%
- OCOREGON CORPORATION FOR AFFORDABLE HOUSINGone grant, 2020 · $50k · revenue -52%
- SRSKID ROW HOUSING TRUSTgraduatedone grant, 2018 · $50k · revenue +283%
Repeat = funded in two or more distinct years; growth and survival are read from each grantee’s own subsequent IRS filings.
The map has a center of gravity: the average direction from the rest of the sector toward the organizations the foundation funds — the shape of its giving. Scoring every nonprofit along that direction surfaces the ones that look most like the portfolio. These are the closest matchesthat aren’t grantees — a resemblance in what they say they do, not a recommendation.
Develop, preserve and operate affordable housing for low and moderate- income households and provde services to residents to maintain housing stability, improve quality of life and break the cycle of poverty.
To provide safe, habitable housing for families with low to moderate incomes, including homeless families, and to develop mixed income housing to help low income families in the transition to self-sufficiency while providing comprehensive…
To own and operate affordable rental housing.
Building stronger neighborhoods through homeownership, quality rental housing and community building initiatives.
Our mission is focused on urban revitalization by providing affordable, vibrant, multi-family housing for low- and moderate-income individuals and families. we offer rental units throughout pinellas county at and below market rates to…
Partnership housing, inc. brings people together to build homes, communities and hope to realize our vision of a world where everyone has a decent place to live.
Development of affordable housing
The housing collective harnesses the power of collective impact to provide access to safe and affordable housing and ensure housing stability for all.
Create quality affordable housing opportunities, enhance communities and provide households with skills to become self-sufficient.
Housing placement for homeless
For reference, the grantee most central to the portfolio’s shape is Mercy Housing Inc and the most unlike its peers is Commons Impact Foundation. Resemblance is measured on each organization’s own IRS 990 mission text; it reflects how work is described, not its quality or impact.
For each theme you fund, this compares how the sector’s money is shifting with how your own giving is shifting.
Sector change and giving change are each shown relative to their own range, growing (right) or shrinking (left); both normalized, so inflation isn’t mistaken for growth.
Your grantees are a median of 35 years old; the field is 18. You back the established end — and your money leans older still.
The field is 19% startups (under 5 years old) — 2% of your grantees by number, and just 0% of your money.
The orgs you fund almost never close — 0.0% lost their exemption, against 10% of the field you don’t fund.
Age = years since IRS exemption (a founding proxy). “Closed” = auto-revocation for 3 years of non-filing — a floor on closure, not proof, and bigger established orgs lapse least. Association, not causation.
54 grantees tracked through their own filings, 2017–2025.
Each one resolved to its own IRS returns and tracked year by year — your grant beside their revenue from every source. Association, dated; never a causal claim.
Counted here: distinct organizations you funded across 2017–2025, not grant rows in a single year — so this will not match the grant count on the cover. 54 of the 55 grantees resolved in that span have returns of their own we could reconcile; the rest are funded organizations whose filings we could not track year by year.
Where your money sits — by cause, then by grantee
Each org by its size and your share of it — top-left is where you’re load-bearing
Go grantee by grantee — a decade per org, and how each moved after you funded them
A decade per grantee — revenue shaded, your grants as bars, all rows on one timeline.
- Who funds LOCAL INITIATIVES SUPPORT CORPORATION ↗
- Who funds CHICAGO REHAB NETWORK ↗
- Who funds NATIONAL CHURCH RESIDENCES ↗
- Who funds New Hope Housing Inc ↗
- Who funds OREGON CORPORATION FOR AFFORDABLE HOUSING ↗
- Who funds SKID ROW HOUSING TRUST ↗
- Who funds ATTENTION INC ↗
- Who funds FULL CIRCLE COMMUNITIES INC ↗
- Who funds MERCY HOUSING INC ↗
- Who funds ABBEY ROAD INC ↗
- Who funds PROJECT FOR PRIDE IN LIVING INC ↗
- Who funds Presbyterian Seniorcare Foundation ↗
- Who funds ONE ROOF CHICAGO ↗
- Who funds HOLOS INC ↗
- Who funds NEVADA HAND INC GROUP RETURN ↗
- Who funds COMMONS IMPACT FOUNDATION ↗
- Who funds BICKERDIKE REDEVELOPMENT CORPORATION ↗
- Who funds WEST SIDE FEDERATION FOR SENIOR AND SUPPORTIVE HOUSING INC ↗
- Who funds RS EDEN ↗
- Who funds A SAFE HAVEN FOUNDATION ↗
- Who funds RUPCO INC ↗
- Who funds Second Chance Center Inc ↗
- Who funds CYPRESS HILLS LOCAL DEVELOPMENT CORPORATION ↗
- Who funds MUTUAL HOUSING ASSOCIATION OF GREATER HARTFORD INC ↗
- Who funds HOLLYWOOD COMMUNITY HOUSING CORPORATION ↗
- Who funds OVER THE RAINBOW ASSOCIATION ↗
- Who funds HOUSING OPPORTUNITY DEVELOPMENT CORP ↗
- Who funds LA FAMILY HOUSING CORPORATION ↗
- Who funds PROJECT FREEDOM INC ↗
- Who funds ALLIANCE HOUSING INC ↗
- Who funds AFFORDABLE HOUSING SOLUTIONS ↗
- Who funds ALLEGHENY COUNCIL TO IMPROVE OUR NEIGHBORHOODS-HOUSING INCORPORATED ↗
- Who funds PLYMOUTH HOUSING GROUP AND SUBSIDIARIES ↗
- Who funds COMMUNITY HOUSING WORKS ↗
- Who funds NATIVE AMERICAN CONNECTIONS INC ↗
- Who funds COMMUNITY SERVICES FOR EVERY1 INC ↗
- Who funds BRIDGE MEADOWS ↗
- Who funds SERVICES AND ADVOCACY FOR GAY LESBIAN BISEXUAL AND TRANSGENDER ELDERS INC ↗
- Who funds PEOPLE'S SELF HELP HOUSING CORP ↗
The grantmakers whose grantees overlap with yours far more than size alone predicts. Each orbits closer the stronger the alignment; the arcs between them show where they also fund each other. Here it reads as a tightly interlocked camp — most of these funders back each other's grantees too.
Open a dossier: Enterprise Community Partners Inc · THDF II Inc DBA The Home Depot Foundation & Homer Fund · Local Initiatives Support Corporation · Corporation for Supportive Housing · Mufg Union Bank Foundation Ag · The Harry and Jeanette Weinberg Foundation Inc · Neighborhood Reinvestment Corporation · Jpmorgan Chase Foundation · Tides Foundation · Oregon Corporation for Affordable Housing · The Housing Partnership Network Inc · Wells Fargo Foundation
Affinity is a Gamma-Poisson posterior co-funding rate, re-centered on the typical rate, so thin evidence shrinks toward no signal. A research starting point: overlap is association, not proof of shared intent.
Government reliance of your grantees
Every dot is one organization National Equity Fund Inc funds. Left–right is the share of its income from government; up–down is the share from you. Bigger dots raise more. Filter to federal or a single department — and drag the year to watch it move.
- Bridge Meadows — 36% of income from government
- Mutual Housing Association of Greater Hartford Inc — 22% of income from government
- Project Freedom Inc — 4% of income from government
Government income is each org’s traced federal awards (USASpending — grants and contracts) plus state payments (open checkbooks) as a share of its total revenue (IRS Form 990); the self-reported government-grant line (990 line 1e) is carried for cross-check: a grantee that reports government grants we could not trace to a source is left off the chart rather than shown as receiving none. An association, not a claim that your grant caused the public funding. Coverage is precision-first — a floor, not a census; state records exist for 9 states, so a grantee outside them shows no state figure (dimmed) rather than a false zero. Federal award amounts are obligations, which can span years, so a single-year share is indicative. 990 filings lag 12–24 months.