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The Housing Fund at a glanceAlso receives grants: funding profile →

· Public charity

The Housing Fund

THE HOUSING FUND provides resources and creative leadership to help low and moderate income individuals and communities create and maintain affordable and healthy places to live.

$2.0M
Granted FY2025still arriving
3
Grants FY2025still arriving
3
States reached
$25k
Largest
01What it fundsRead
02The needRead
03Its granteesRead
04Its fieldRead
01What it funds
01100% classified

What it funded, over time

Every grant placed by its stated purpose and the recipient’s mission, by year, FY2017 to 2024.

Housing & Shelter$1.4MPublic Safety & Disaster$52kHuman Services$45kReligion$35kCrime & Legal$27kCommunity Improvement$25kYouth Development$10kHealth$5kOther$0
02FY2025 · 3 grants

Where the money goes

Grants by size, and the largest recipients.

How this is measured
The 3 grants below total $50,000, the rows itemized in this filing. The $1,983,900 headline is the total grant expense on the return; the other $1,933,900 is giving the schedule does not break out (grants under the $5,000 itemization floor, grants to individuals, grants on other schedules). Every figure below describes the itemized rows only.
$15,000
Median grant
3
States reached
$50M
Total assets
Largest grants
RecipientAmount
AFRICAN AMERICAN ALLIANCE OF CDFI CEOS$25,000
THE SYCAMORE INSTITUTE INC$15,000
LEGAL AID SOCIETY$10,000
02The need
03

Does the money reach high-need areas?

Each grant placed by the hardship in its grantee’s ZIP, against the area’s typical level.

show:

Its human-services grants (FY24–24, $45k) land where the poverty rate runs at 14%, against an area that typically sits at 12%. 100% of those dollars go to grantees based in above-average-need neighborhoods. Most of its grants land in higher-need ZIPs.

area typical 12%CONEXION AMERICAS: $15k → 14%FIFTY FORWARD: $25k → 14%CUPID CHASE - COMMUNITY OPTIONS INC: $5k → 14%0%20%40%50%more need →
grant to an above-average-need area below average· circle size = grant amount
How this is measured
Matched: human-services grants are those whose grantee’s IRS cause code is Human Services. Placed by people below the poverty line in the grantee’s ZIP, averaged from the tracts in that ZIP.
How this is measured
US grants placed by each grantee’s ZIP, which can differ from where services are delivered. Need from public data (U.S. Census/ACS, CDC PLACES, Eviction Lab, USDA), shown as context about the area, never attributed to the funder’s giving.
03Its grantees
repeat funding

Who it funds again

Organizations funded in more than one year, against those funded once.

89%of every dollar goes to organizations it has funded before.
$1.5M · 5 repeat orgs$185k to everyone else

Grantees it renews have grown median revenue +73% since the first grant, against +18% for those funded once.

5 repeat relationships: 1 still active in FY2025, 4 since wound down; 2 grantees were first funded in FY2025 (too recent to call).

How the two cohorts compare

Re-uppedFunded once

Organizations

5
12

Total granted

$1.5M
$160k

Median revenue growth · since first grant

+73%
+18%

Still filing today

40%
92%

New vs renewed · share of each year

In FY2025, 50% of grant dollars renewed an existing relationship; $25k went to new ones.

50%100%’17’20’21’22’23’24’25
RenewedFirst-time

Where new relationships form · theme of each grantee’s first grant

’17’20’21’22’23’24’25
Human ServicesCommunity ImprovementCrime & LegalPublic BenefitCivil RightsEmploymentOther
How this is measured
First-time means a grantee’s first year in the filing window; renewed means funded in an earlier year too. The renewed share climbs naturally as a portfolio matures, so the signal is a year that bucks it (a wave of new grantees). 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

  • HF
    HABITAT FOR HUMANITY
    2× · 2022–2023 · $927k
  • HF
    HABITAT FOR HUMANITY OF GREATER NASHVILLE
    2× · 2017–2024 · $485k · revenue +73%
  • AA
    African American Alliance of CDFI CEOs
    2× · 2023–2025 · $35k · revenue -6%

Funded once

  • GA
    GIDEONS ARMY GRASSROOTS ARMY FOR CHILDREN
    one grant, 2020 · $25k · revenue -80%
  • WH
    WESTMINSTER HOME CONNECTIONgraduated
    one grant, 2021 · $25k · revenue +216%
  • SC
    SENIOR CITIZENS INCgraduated
    one grant, 2024 · $25k · revenue +30%
How this is measured

Repeat means funded in two or more distinct years. Growth and survival are read from each grantee’s own subsequent IRS filings.

04Its field

Closest unfunded matches

The nonprofits that most resemble its grantees but are not funded by it, scored along the direction from the rest of the field toward the portfolio. A resemblance in what they say they do, not a recommendation.

1
Tennessee Immigrant and Refugee Rights Coalition

Tirrc is a statewide, immigrant and refugee-led collaboration. our mission is to build power, amplify our voices, and organize communities to advocate for our rights. our vision is a stronger, more inclusive tennessee where people of all…

Civil Rights
2
New Level Community Development Corporation

New level community development corporation advocates for low-to-moderate income community by working with legislators, other non-profits, and private developers to create more affordable homes in nashville.

Community Improvement
3
Tennessee Health Care Association

To maintain high standards for nursing homes in the state of tennessee and to seek the solutions to problems common to members of the association.

—
4
Legal Aid of East Tennessee

Legal aid of east tennessee provides legal representation, legal education, and other civil legal services for the low-income population in our community through advocacy of all types.

—
5
The Village At Glencliff

The village at glencliff's mission is to provide a healing community for medically vulnerable, unhoused nashvillians to safely recover, stabilize their lives, and imagine their futures.

Housing & Shelter
6
Legal Aid Society of Middle Tennessee and the Cumberlands

To enforce, advance and defend the civil legal rights of low income and vulnerable people, especially on behalf of elderly, children, victims of domestic violence and persons with disabilities, by providing free, civil legal assistance to…

—
7
Memphis Area Chamber of Commerce

To serve our members and partners by improving the quality of life through regional economic prosperity.

—
8
Habitat for Humanity of Greater Chattanooga Area Inc

Habitat for humanity of greater chattanooga (hfh-gc) brings together businesses, churches, and other community organizations in partnership with low income families to spark authentic transformation in our city through the construction of…

Housing & Shelter
9
Nashville Public Radio

Nashville public radio's mission is to be the most trusted & independent nashville voice, connecting our communities through non-partisan journalism, compelling storytelling, civil conversation and music discovery.

Arts & Culture
10
Tennessee Advocacy Talk

Our mission is to increase the access and quality of social service resources through bettering norms and culture with advocacy, performance improvement strategies, and technology.

Health
11
Tennessee Homeless Solutions

To reduce homelessness and improve family stability by increasing housing resources, administration of hud-mckinney vento funds, and support services through collaborative efforts with partner organizations, when available.

Housing & Shelter
12
Chattanooga Neighborhood Enterprise

Mission: to create economically diverse neighborhoods filled with financially empowered citizens and housing for all.vision: all chattanoogans can afford a safe place in a strong neighborhood to call home. belief: we believe the future of…

Housing & Shelter
How this is measured
The grantee most central to the portfolio’s shape is Leadership Tennessee Inc; the most unlike its peers is African American Alliance of Cdfi CEOs. Resemblance is measured on each organization’s own IRS 990 mission text; it reflects how work is described, not its quality or impact.
04the grantee network

15 grantees tracked through their own filings, 2017–2025.

Each grant beside the grantee’s revenue from every source, year by year.

How this is measured

Counted here: distinct organizations funded across 2017 to 2025, not grant rows in a single year, so this will not match the grant count on the cover. 15 of the 19 grantees resolved in that span have returns of their own we could reconcile.

Each grantee is resolved to its own IRS returns. Association, dated; never a causal claim.

0
Load-bearing (≥25% of a budget)
3
Early backer (in before they grew)
15/15
Grantees still filing
8/15
Grew since first funded

Where the money sits, by cause and then by grantee

HABITAT FOR HUMANITY: $927,152 · OtherHABITAT FOR HUMANITYHABITAT FOR HUMANITY OF GREATER NASHVILLE: $485,129 · OtherHABITAT FOR HUMANITY OF GREATER NASHVILLE+6 more: $94,654 · Other+6 moreAfrican American Alliance of CDFI CEOs: $35,000 · Community ImprovementWESTMINSTER HOME CONNECTION: $25,000 · Community ImprovementSENIOR CITIZENS INC: $25,000 · Human ServicesCONEXION AMERICAS: $15,000 · Human ServicesCommunity Options Inc: $5,000 · Human ServicesGIDEONS ARMY GRASSROOTS ARMY FOR CHILDREN: $25,155 · Civil RightsTHE SYCAMORE INSTITUTE INC: $15,000 · Public BenefitLEADERSHIP TENNESSEE INC: $5,000 · Public BenefitTHE LEGAL AID SOCIETY: $10,000 · Crime & LegalMEN OF VALOR: $5,000 · Crime & LegalBE A HELPING HAND: $11,850 · Employment
Other$1,506,935Community Improvement$60,000Human Services$45,000Civil Rights$25,155Public Benefit$20,000Crime & Legal$15,000Employment$11,850

Each grantee by its size and the funder’s share of it; top left is load-bearing

25%50%75%100%$1.0M$10M$100Mgrantee revenue →↑ funder's share of their budgetHABITAT FOR HUMANITY OF GREATER NASHVILLE: $485,129 over 2y, 2.1% of budgetAfrican American Alliance of CDFI CEOs: $35,000 over 2y, 0.1% of budgetGIDEONS ARMY GRASSROOTS ARMY FOR CHILDREN: $25,155 over 1y, 1.7% of budgetWESTMINSTER HOME CONNECTION: $25,000 over 1y, 2.6% of budgetSENIOR CITIZENS INC: $25,000 over 1y, 0.5% of budgetDISMAS INC: $22,306 over 1y, 0.8% of budgetTHE SYCAMORE INSTITUTE INC: $15,000 over 1y, 1.8% of budgetCONEXION AMERICAS: $15,000 over 1y, 0.5% of budgetBE A HELPING HAND: $11,850 over 1y, 0.9% of budgetGIRL SCOUTS OF MIDDLE TENNESSEE INC: $10,000 over 1y, 0.2% of budgetTHE LEGAL AID SOCIETY: $10,000 over 1y, 0.0% of budgetCommunity Options Inc: $5,000 over 1y, 0.0% of budgetMEN OF VALOR: $5,000 over 1y, 0.1% of budgetLEADERSHIP TENNESSEE INC: $5,000 over 1y, 0.7% of budgetNASHVILLEHEALTH: $5,000 over 1y, 0.9% of budget
Grantee by grantee: a decade per organization, before and after funding

A decade per grantee: revenue shaded, grants as bars, all rows on one timeline.

Co-funders

Grantmakers whose grantees overlap with this funder’s far more than size alone predicts. Closer means stronger alignment; arcs show where they also fund each other. Here they form a tightly interlocked group: most of these funders back each other's grantees too.

Joe C Davis FoundationDorothy Cate and Thom…Memorial Foundation I…The Community Foundat…The Frist FoundationUnited Way of Middle …Hca Healthcare Founda…Dettwiller FoundationNashville Predators F…Enchiridion FoundationThe Steven & Laurie E…Carolyn Smith Foundat…
Joe C Davis FoundationTN22× affinity8 shared granteesties to 11 of 11Hover any node to trace its alignments.Compare side by side →

Open a dossier: Joe C Davis Foundation · Dorothy Cate and Thomas F Frist Foundation · Memorial Foundation Inc · The Community Foundation of Middle Tennessee Inc · The Frist Foundation · United Way of Middle Tennessee Inc · Hca Healthcare Foundation · Dettwiller Foundation · Nashville Predators Foundation · Enchiridion Foundation · The Steven & Laurie Eskind Family Foundation · Carolyn Smith Foundation

How this is measured
Affinity is a Gamma-Poisson posterior co-funding rate, re-centered on the typical rate, so thin evidence shrinks toward no signal. Overlap is association, not proof of shared intent.

How much its grantees rely on government

Each dot is one organization The Housing Fund funds: left to right is the share of its income from government, bottom to top the share from The Housing Fund. Bigger dots raise more.

2024
’20’21’22’23’24’25
no gov · 00%0%1%3%5%funder's share of their income ↑0%4%8%11%15%share of the org’s income from government →median 3%
  • African American Alliance of Cdfi CEOs: 3% of income from government
  • Community Options Inc: 0% of income from government
no gov moneyreceives it· size = income
0get no government money at all
7report government grants on their 990 we could not trace to a source (not plotted)
0rely on government for over half their income
⤢ axis zoomed · 0–15%
typical government reliance, FY20–25
How this is measured
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 a grant caused the public funding. Coverage is precision-first, a floor rather than 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 to 24 months.

On method. Every financial figure here is read from IRS e-file XML, the funder’s own 990/990-PF, and from the multi-year returns of the 19 grantees we resolved, each linked to its source. Grantee outcomes are each organization’s own program-service reporting (Form 990, Part III), read as association with funding, never as caused by it. Low-confidence name matches are suppressed rather than guessed. How we build these →

How this is measured
Each figure carries one of six labels. Filed is what the funder reported on its return. Official is another government record about an organization, such as a federal award or a charity register, joined by name where no shared identifier exists. Resolved is an identity we worked out where the filing named a recipient without an EIN, kept only above a measured confidence threshold. Computed is arithmetic over those, like themes, portfolio clusters and co-funder strength. Context is a statistic about a place rather than about an organization, which is what the need overlay is: it describes the area a grantee’s address sits in, not where its work lands. Inferred is drawn by a model from text, like the partnerships read out of public news and organization websites. Each is labeled where it appears.

Generated from the IRS Form 990 e-file return for fiscal year 2025, released 2025. Filings run roughly 12 to 24 months behind; figures are dated accordingly.

Source object · view filing

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More from the funding graph

The unnamed billions
grants reported with no recipient in the public record
The regranting layer
51% of grant dollars land in the regranting layer
The DAF merry-go-round
$9.7B circulates between donor-advised funds
The endowment market
who holds foundation money, and what just moved
The camps
funders cluster by geography, not ideology
By state
where grant money is based, and what stays home