Philada Home Fund
- Assets
- $7.0m
- Revenue
- $1.2m
- Investments
- $6.8m
- Employees
- 0
- Location
- Cincinnati, OH
- Founding
- 06/1965
- Data as of
- 12/2021
- EIN
- 31-0677810
Organization Overview
Philada Home Fund is located in Cincinnati, OH. The organization was established in 1965. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Philada Home Fund is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2021, Philada Home Fund generated $1.2m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 15.8% each year . All expenses for the organization totaled $352.5k during the year ending 12/2021. While expenses have increased by 1.8% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Philada Home Fund has awarded 156 individual grants totaling $1,570,544. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
THE PHILADA HOME FUND PROVIDES SUPPORT FOR THE NEEDY AND AGED TO OBTAIN AFFORDABLE HOUSING, INCLUDING THE PAYMENT OF HOUSING SUBSIDIES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Donald J Shuller President | 0 | $0 | |
Ronald J Weitzenkorn Treasurer | 0 | $0 | |
Carol Kabel Trustee | 0 | $0 | |
Mark Sass Trustee | 0 | $0 | |
Robert Plowden Trustee | 0 | $0 | |
Deborah Slovut Trustee | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $170,795 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $1,025,094 |
| Capital Gain Net Income | $1,025,094 |
| Net ST Capital Gain | $109,354 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $1,195,889 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $786 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $4,671 |
| Total operating and administrative expenses | $109,471 |
| Contributions, gifts, grants paid | $243,033 |
| Total expenses and disbursements | $352,504 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $2,071 |
| Savings and temporary cash investments | $203,429 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $4,468,637 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $6,969,925 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
Grants Awarded
Over the last fiscal year, Philada Home Fund has awarded $243,033 in support to 21 organizations.
| Grant Recipient | Amount |
|---|---|
ARBORS OF MONTGOMERY PURPOSE: SUBSIDIZED APARTMENT RENT | $52,140 |
STEEPLECHASE JV LLC PURPOSE: SUBSIDIZED APARTMENT RENT | $26,963 |
RL MAGNOLIA ALTITUTED SUB 1 LLC PURPOSE: SUBSIDIZED RENT PAYMENT | $18,493 |
AMBERLY HOUSE PURPOSE: SUBSIDIZED APARTMENT RENT | $18,407 |
HILLS PROPERTY MANAGEMENT PURPOSE: SUBSIDIZED APARTMENT RENT | $16,116 |
FOX RUN APARTMENT ASSOCIATES LTD PURPOSE: SUBSIDIZED APARTMENT RENT | $15,852 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
George Gund Foundation Cleveland, OH | $524,945,754 | $120,923,136 |
Oberkotter Foundation Philadelphia, PA | $83,021,123 | $23,009,013 |
Lumina Foundation For Education Inc Indianapolis, IN | $0 | $124,727,424 |
Pnc Foundation Pittsburgh, PA | $218,373,148 | $3,451,991 |
Sarah Scaife Foundation Inc Pittsburgh, PA | $645,014,499 | $79,121,296 |
J Howard Pew Freedom Tr Philadelphia, PA | $675,828,558 | $64,346,772 |
Mccune Foundation Pittsburgh, PA | $180,488,577 | $38,182,239 |
The Meijer Foundation Grand Rapids, MI | $118,103,895 | $43,970,388 |
Nationwide Foundation Columbus, OH | $86,187,581 | $42,470,606 |
Dietrich Foundation Pittsburgh, PA | $1,425,693,584 | $93,476,192 |
Ford Motor Co Fund Dearborn, MI | $173,752,828 | $51,364,996 |
Farmer Family Foundation Cincinnati, OH | $165,004,074 | $63,392,827 |