Tennessee · Nonprofit
THE HOUSING FUND
THE HOUSING FUND (Tennessee) receives grants from 9 organizations whose IRS filings report $5,593,776 to it, the largest being The Chicago Community Trust ($5,000,000). 4 of them have funded it in more than one year, and 91% of the money arrives through donor-advised or pass-through sponsors rather than from an institution directly.
- Revenue FY2025
- $5.4M
- Funders on record
- 9
- Grants received
- $5.6M
- Net assets
- $20M
What The Housing Fund does
Mission
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. The Housing Fund makes low interest housing, development and community development loans to individuals, families and developers to acquire, create and maintain affordable and healthy homes and communities.
As stated on its FY2025 Form 990.
Programs
Downpayment assistance programs - helps low and moderate income individuals and families in becoming successful homeowners by providing down payment and closing cost loans. Assistance is provided on a graduated basis, depending on household income. From inception, more than 4,560 families have been assisted in purchasing a home, with $41,832,000 lent. In fy 2025, over $2,007,872 was lent and 82 households served.
$1,680,693 spentof which $24,963 as grants$326,955 earned by the program33% of program spendingThe housing resiliency fund is a grant started in fy21 to help offset the recent property tax increase for low- to moderate-income homeowners in nashville. The primary objective of the housing resiliency fund is to preserve affordability for existing homeowners. In fy22, thf expanded the housing resiliency fund to assist landlords to help prevent the increase in property taxes from being passed through to the low and moderate income tenants. During the year, the housing resiliency fund supported 138 households in davidson county with $97,673 in current year disbursements to support the families with incomes at 100% or below ami. In fy25, thf assisted 49 landlords with property tax grants that offset the property taxes on 401 units helping 741 individuals stay in their rentals.
$1,611,260 spentof which $314,641 as grants32% of program spendingDevelopment loan programs - provides loans for development of affordable housing in all areas, as well as loans for community facilities in low-to-moderate income tracts. From inception, over 3,494 affordable housing units have been constructed or rehabilitated using funds from The Housing Fund, with over $103,153,000 lent.
$1,485,238 spentof which $1,644,296 as grants$789,542 earned by the program29% of program spendingOther program services, not described on the e-filed return.
$275,919 spent$583,331 earned by the program5% of program spending
The 4 programs described on its FY2024 Form 990, listed largest first by expense. Program spending in total: $5,053,110.
The organization over time
Each line starts at 100 in 2017, so what you read is the shape rather than the size: 150 means half as much again as 2017, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.
Balance sheet
Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2022 to 2023, from $40M to $49M (+22%).
How it's funded, over time
Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.
Government-grant reliance: 2017 24% · 2018 25% · 2019 42% · 2020 12% · 2021 9% · 2022 36% · 2023 10% · 2024 3% · 2025 1%. Grants only. Government contracts and fees sit inside program revenue.
57% of THE HOUSING FUND’s revenue is contributions — more donation-reliant than the typical peer (39% for the typical peer).
Surplus & reserves
Operating surplus or deficit each year, and months of liquidity in hand. 3 of the last 9 reported years ran a deficit.
reserve
Leadership and staff
The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.
Chief executive
Marshall Crawford
President/CEO
Board chair
Rodrick L Butler
Board chair
As listed on its FY2025 Form 990.
Who funds it, year by year
2019 → 2023: the base broadened from 1 funder to 2 funders, grant income rose $25k → $103k.
2 of 9 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 91% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.
From the IRS filings of THE HOUSING FUND’s funders (the co-funder graph). Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
How concentrated its funding is
THE HOUSING FUND leans on a few funders — its largest provides 89% of grant income and the top three 95%; half comes from just 1 funder.
the vertical line marks half of all grant income — 1 funder to its left
98% of the income these shares are computed over arrives through pass-through sponsors or from payers whose filings do not say what kind of payment it is. Concentration is still measured over all of it, because the money is real; what it does not support is a claim about how many institutions have chosen to fund THE HOUSING FUND.
Largest funder’s share by year: 2019 100% · 2020 68% · 2021 98% · 2022 98% · 2023 98% — diversifying over time.
“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
How long its funders stay
25% of THE HOUSING FUND's funders are still giving 3 years after their first grant; 44% give in more than one year at all.
Share of funders still giving k years after their first recorded grant, pooled across every acquisition cohort. A funder counts as retained in a year only if it made a grant that year. Measured to FY2023, the last fiscal year that has finished arriving — a funder cannot be counted as lapsed in a year most filers have not reached.
Where its funders are
91% of THE HOUSING FUND's grant income arrives through donor-advised or pass-through sponsors, whose addresses record where the money is held rather than where the donor is. Of the $483k that is directly attributable, 69% of it comes from Tennessee funders.
In-state vs out-of-state, by year
Funder states come from each funder’s own filing. $5.1M arriving through sponsors registered in 2 states is excluded from the map and the split above: a sponsor holds money on a donor’s behalf, so its registered address would place those dollars somewhere no donor need ever have been. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
Against its field
THE HOUSING FUND holds deeper cash reserves than three-quarters of the 2,196 housing & shelter nonprofits its size.
this organization peer median middle 50% of peers· 2,196 housing & shelter nonprofits $1M–$10M, FY2025
Government funding THE HOUSING FUND receives
Grants and contracts to this organization from federal (USASpending) and state checkbooks, reconciled to its EIN. $1.8M on record.
- Department of the Treasury$1.8M
Federal grants vs contracts are distinguished; state line items keep their reported category. Matched by name + geography (the BMF), so coverage is partial and precision-first.
Organizations like THE HOUSING FUND
Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.
In Tennessee
Nationally
Read directly from this organization’s own Form 990, as neutral context.
Where the money goes
81% of spending goes to programs.
Governance
Public support
43%
Share of support from the public (Schedule A) — the basis for its public-charity status.
Footprint & structure
Files a return copy in 1 state
Part of a family of 2 related entities
- Laurel House 2001 LP · partnership
- Laurel House Apartments Gp Inc · corp_trust
Screen this organization
A dated, signed PDF of the compliance screen for THE HOUSING FUND: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.
Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf
Questions and answers
- Who funds THE HOUSING FUND?
- THE HOUSING FUND (Tennessee) receives grants from 9 organizations whose IRS filings report $5,593,776 to it, the largest being The Chicago Community Trust ($5,000,000). 4 of them have funded it in more than one year, and 91% of the money arrives through donor-advised or pass-through sponsors rather than from an institution directly.
- How many funders does THE HOUSING FUND have?
- IRS filings report 9 organizations giving $5,593,776 in grants to THE HOUSING FUND, 4 of which have funded it in more than one year.
- Who is the largest funder of THE HOUSING FUND?
- The Chicago Community Trust is the largest funder on record, with $5,000,000 in grants. The full list of funders is on this page.
- How can an organization like THE HOUSING FUND find more funders?
- Start with the funders already giving here, then look at the foundations that back similar organizations in Tennessee. The funding by cause and by state pages list the largest funders for a given area and how to approach them.
These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2025 (financials across 2017–2025), and the filings of 9 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 14, 2026. What this page cannot tell you · view filing