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RELATED AFFORDABLE FOUNDATION INC

NEW YORK, NY · EIN 475195759 · Form 990PF · FY2024 · NTEE B82 · Education · Medium ($1M-$10M)
revenue
$3.2M
expenses
$694K
net assets
$1.5M
employees
profile · synthesized from sources

Private foundation affiliated with Related Companies, focused on funding community wellness, youth development, and affordable housing initiatives. Primarily supports nonprofit partners delivering health, education, and social services to underserved populations in urban areas. Grants are directed to organizations operating in cities including Houston, Miami, Chicago, and Rockland County.

named programs · 8 · from sources

What they call their work

After School Matters Programs
Supports summer and mural arts programs for Chicago youth
Apartment Programming Grants
Funds recreational and educational activities at Related-affordable housing properties in the Houston area, including The Pines and RidgeWood at Panther Creek
Meals on Wheels of Rockland
Provides meal delivery to seniors living in affordable housing complexes in Rockland County, NY
Ocean Park Program
Youth development and community engagement initiative in Miami
PlaySpace Project
Partnership with KaBOOM! to build playgrounds in underserved communities
TRG Be A Star Mentoring Program
Youth mentoring and community events at Southside Boys & Girls Club in Miami
Urban Alliance Sponsored Student Salary
Funds paid internships for high school students in Washington, DC, promoting workforce readiness
YMCA Path to Health Program
Supports wellness and health initiatives for residents in affordable housing communities through partnerships with local YMCAs in South Florida
activities · 6 groups

What they do

financials · form 990PF · fy2024
revenue
Total revenue$3.21M
Contributions & grants$3.19M100%
Program service revenue
Investment income$13K0%
Other revenue
expenses
Total expenses$694K
Program expenses
Admin / overhead
Fundraising
Salaries & benefits$0
Grants paid out$1.76M
balance sheet
Total assets$1.62M
Cash
Investments
Liabilities
Net assets$1.54M
4 years on record · 2020–2024 · YoY revenue +192.7%
leadership · form 990 part vii · fy2024

Who runs it

board members · 1
  • JEFFREY I BRODSKY — DIRECTOR
relationships · 8

Who they work with

  • AFTER SCHOOL MATTERS INC Partner — Receives funding from RELATED AFFORDABLE FOUNDATION INC for summer program sessions and arts programming.
  • KABOOM INC Partner — Receives funding from RELATED AFFORDABLE FOUNDATION INC for the Playspace Project.
  • MEALS ON WHEELS OF ROCKLAND Partner — Receives funding from RELATED AFFORDABLE FOUNDATION INC to provide meals to residents of specified housing communities.
  • RISING TIDE EFFECT INC Partner — Receives funding from RELATED AFFORDABLE FOUNDATION INC for the Ocean Park Program.
  • SOUTHSIDE BOYS & GIRLS CLUB Partner — Receives funding from RELATED AFFORDABLE FOUNDATION INC for mentoring and community events.
  • URBAN ALLIANCE Partner — Receives funding from RELATED AFFORDABLE FOUNDATION INC to sponsor student salaries.
  • YMCA OF GREATER HOUSTON Partner — Receives funding from RELATED AFFORDABLE FOUNDATION INC for apartment-based programming at multiple residential sites.
  • YMCA OF SOUTH FLORIDA Partner — Receives funding from RELATED AFFORDABLE FOUNDATION INC for the Path to Health Program.