2020-11-16T14:08:30-06:00 2019-12-31 471767422 TOOLE KATZ & ROEMERSMA LLP 1911 N FORT MYER DRIVE SUITE 600 ARLINGTON VA 22209 990 2019-01-01 521665967 NATIONAL FOUNDATION FOR AFFORDABLE HOUSING SOLUTIONS INC NATI 3019980400 11810 GRAND PARK AVENUE NO 600 NORTH BETHESDA MD 20852 TODD TRAVIS MANAGING MEMBER 3019980400 2020-11-16 1 ANDREW KATZ P01284429 7032489200 150.136.185.32 2020-11-16 12:26:19 ES P DA39A3EE5E6B4B0D3255BFEF95601890AFD80709 6C9B1A35775087DBDB8A6D25ECA509C7F6C27838 2019 2021-01-29 14:40:06Z TODD TRAVIS 11810 GRAND PARK AVENUE 600 NORTH BETHESDA MD 20852 35625095 0 X HTTPS://FOUNDATIONHOUSING.COM/ X 1990 DC THE FOUNDATION IS DEDICATED TO PRESERVING THE NATION'S EXISTING ASSISTED RENTAL HOUSING STOCK AND IS COMMITTED TO PROVIDING THE UNDERSERVED POPULATION WITH SOLUTIONS AND BETTER ACCESS TO DECENT, SAFE AND WELL-MANAGED AFFORDABLE HOUSING AND COMMUNITY PROGRAMS AND SERVICES. 8 8 24 0 0 0 6790738 26382006 5986671 6254246 6862644 2988843 0 0 19640053 35625095 349750 609090 0 0 3541383 3411698 0 0 0 20781444 14752924 24672577 18773712 -5032524 16851383 180353578 196229771 61025330 60050140 119328248 136179631 X THE FOUNDATION IS DEDICATED TO PRESERVING THE NATION'S EXISTING ASSISTED RENTAL HOUSING STOCK AND IS COMMITTED TO PROVIDING THE UNDERSERVED POPULATION WITH SOLUTIONS AND BETTER ACCESS TO DECENT, SAFE AND WELL-MANAGED AFFORDABLE HOUSING AND COMMUNITY PROGRAMS AND SERVICES. 0 0 17880031 609090 9243089 THE EO RESEARCHES VARIOUS APPROACHES TO PRESERVE OUR NATION'S SUPPLY OF ADEQUATE AFFORDABLE HOUSING. IT SPEAKS AND DEALS WITH INDUSTRY LEADERS, CREATES FINANCIAL MODELS AND PREPARES VARIOUS POSITION REMARKS. IT ALSO FACILITATES NON-PROFIT OWNERSHIP OF AFFORDABLE HOUSING. IN ADDITION, IT CREATES 509(A)(3) ORGANIZATIONS THAT ACQUIRE AFFORDABLE LOW-INCOME HOUSING. 17880031 1 0 0 0 0 0 0 0 0 0 1 0 1 1 0 1 0 1 0 0 0 0 0 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 0 0 1 24 1 0 0 0 0 0 0 0 0 0 0 X 8 8 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 0 1 1 1 0 MD X TODD TRAVIS 3019980401 11810 GRAND PARK AVENUE NO 600 NORTH BETHESDA MD 20852 GREGORY O'DELL DIRECTOR 0.00 X 0 0 0 BERNARD BEAL DIRECTOR 0.00 X 0 0 0 MARK WELLER DIRECTOR 0.00 X 0 0 0 JASON GOLDBLATT CEO AND CHAIRMAN 40.00 X 362000 0 0 JON SHIFFMAN DIRECTOR 0.00 X 0 0 0 BENJAMIN M SOTO DIRECTOR 0.00 X 0 0 0 TODD TRAVIS PRESIDENT AND COO 40.00 X 309500 0 0 RANDALL KELLY VP AND GENERAL COUNSEL 40.00 X 220500 0 0 JANET CHARLTON VICE PRESIDENT 40.00 X 264000 0 0 1156000 0 0 4 0 1 0 EAGLE BANK 7815 WOODMONT AVENUE BETHESDA MD 20814 INVESTMENT 2928786 VYTEX CORPORATION 9425 WASHINGTON BLVD LAUREL MD 20723 MAINTENANCE 1107502 THE SEVERN GROUP INC 375 PRINCE GEORGES BLVD SUITE B UPPER MARLBORO MD 20774 MAINTENANCE 962278 KAAS WILSON ARCHITECTS 1301 AMERICAN BLVD E SUITE 100 BLOOMINGTON MN 55425 ARCHITECTURAL DESIGN 557687 FEDERAL REALTY INVESTMENT TRUST PIKE AND ROSE OFFICE LOCKBOX 9320 PHILADELPHIA PA 191789320 INVESTMENT 482463 22 26382006 26382006 SUPPORTING ORGAN FEE INCOME 531110 3665009 3665009 INTEREST NOTE RECEIVABLE 511110 1831944 1831944 OTHER REVENUE 511110 675128 675128 OTHER INTEREST 511110 82165 82165 6254246 2988843 0 2988843 2988843 2988843 35625095 9243089 0 0 609090 609090 2773922 2773922 468889 468889 168887 168887 472770 472770 174656 174656 245031 245031 250824 250824 51558 51558 3023302 3023302 139016 139016 22476 22476 SUPPORTING ORGAN EXPENS 9262500 9262500 CONSULTING 877680 877680 OTHER EXPENSES 220224 25527 194697 NON-REIMBURSABLE COSTS 12887 12887 18773712 17880031 893681 0 25709199 15218025 16073582 18107542 41288310 40883054 1913038 970810 1072742 942228 84278463 107856124 11931282 13222798 180353578 196229771 5730529 10534388 485880 462315 54808921 49053437 61025330 60050140 X 119328248 136179631 119328248 136179631 180353578 196229771 16851383 0 X 0 1 X 1 0 X 12735906 20983916 6396110 6790738 26382006 73288676 17412417 9764050 5310307 3863588 3665009 40015371 30148323 30747966 11706417 10654326 30047015 113304047 0 0 0 113304047 32424 29460 34158 21150 82165 199357 32424 29460 34158 21150 82165 199357 30180747 30777426 11740575 10675476 30129180 113503404 0.99820 0.99850 0.00180 0.00150 X 1661277 731069 930208 251761 239741 12020 942228 INVESTMENTS 107856124 C 107856124 ACQUISITION FEE (NET OF AMORTIZATION) 34124 INTEREST RECEIVABLE 8864833 DEPOSITS 4323841 13222798 FIN 48 DISCLOSURE: THE FOUNDATION APPLIED FOR AND RECEIVED A DETERMINATION LETTER FROM THE INTERNAL REVENUE SERVICE ("IRS") TO BE TREATED AS A TAX-EXEMPT ENTITY PURSUANT TO SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND DID NOT HAVE ANY UNRELATED BUSINESS INCOME FOR THE TAX YEAR ENDED DECEMBER 31, 2019. DUE TO ITS TAX-EXEMPT STATUS, THE FOUNDATION IS NOT SUBJECT TO INCOME TAXES. THE FOUNDATION IS REQUIRED TO FILE AND DOES FILE TAX RETURNS WITH THE IRS AND OTHER TAXING AUTHORITIES. NONE OF THE SUBSIDIARY ENTITIES HAD UNRELATED BUSINESS INCOME FOR THE YEAR ENDED DECEMBER 31, 2019. ACCORDINGLY, THE FINANCIAL STATEMENTS DO NOT REFLECT A PROVISION FOR INCOME TAXES AND THE FOUNDATION HAS NO OTHER TAX POSITIONS WHICH MUCT BE CONSIDERED FOR DISCLOSURE. INCOME TAX RETURNS FILED BY THE FOUNDATION ARE SUBJECT TO EXAMINATION BY THE IRS FOR A PERIOD OF THREE YEARS. WHILE NO INCOME TAX RETURNS ARE CURRENTLY BEING EXAMINED THE IRS, TAX YEARS SINCE 2016 REMAIN OPEN. 1 ELLIOT PARK NEIGHBORHOOD INC 810 SOUTH 7TH STREET MINNEAPOLIS MN 55415 411281612 501(C)(3) 3000 REINVESTING IN THE COMMUNITY THROUGH RENOVATION OF EXISTING HOUSING AND INVESTMENT IN NEW HOUSING. CHILDRENS NATIONAL MEDICAL CENTER 111 MICHIGAN AVENUE NW WASHINGTON DC 20010 521640403 501(C)(3) 5000 HEALTHCARE WOFFORD COLLEGE 429 NORTH CHURCH STREET SPARTANBURG SC 29303 570314422 501(C)(3) 5000 EDUCATION THE LEUKEMIA & LYMPHOMA SOCIETY (LLS) 3601 EISENHOWER AVENUE STE 450 ALEXANDRIA VA 22304 135644916 501(C)(3) 5000 HEALTHCARE CAL RIPKEN SR FOUNDATION INC 1427 CLARKVIEW ROAD NO 100 BALTIMORE MD 21209 522310500 501(C)(3) 10000 BUILD CHARACTER AND TEACH CRITICAL LIFE LESSONS TO AT-RISK YOUNG PEOPLE LIVING IN AMERICA'S MOST DISTRESSED COMMUNITIES ST JUDE CHILDREN'S RESEARCH HOSPITAL 262 DANNY THOMAS PLACE MEMPHIS TN 38105 620646012 501(C)(3) 25000 HEALTHCARE JACK AND JILL OF AMERICA FOUNDATION 1930 17TH STREET NW WASHINGTON DC 20009 510224656 501(C)(3) 5000 INVEST IN PROGRAMS AND SERVICES THAT CREATE A STRONG FOUNDATION FOR CHILDREN TO THRIVE LONG-TERM. LA CONSERVATION CORP PO BOX 861658 LOS ANGELES CA 90086 954003138 501(C)(3) 10000 HABITAT RESTORATION PROJECTS DUKE UNIVERSITY 324 BLCKWLL ST WASH BLDG STE 850 DURHAM NC 27701 571211099 501(C)(3) 10000 EDUCATION ST JUDE CHILDREN'S RESEARCH HOSPITAL 262 DANNY THOMAS PLACE MEMPHIS TN 38105 620646012 501(C)(3) 500 HEALTHCARE SARAH'S CIRCLE INC 2551 17TH ST NW STE 103 WASHINGTON DC 20009 363043662 501(C)(3) 1000 PROVIDE HOUSING AND COMPREHENSIVE SERVICES FOR VERY LOW-INCOME SENIORS A WIDER CIRCLE INC 4808 MOORLAND LANE STE 802 BETHESDA MD 20814 522345144 501(C)(3) 1000 END POVERTY THROUGH ON-THE-GROUND PROGRAMS AND SERVICES NEW YORK LAW ENFORCEMENT FOUNDATION INC 480 PARK AVENUE NEW YORK NY 10022 133854164 501(C)(3) 1000 PROVIDE EQUIPMENT TO DEPARTMENTS AND SCHOLARSHIPS AND FINANCIAL SUPPORT TO THESE MEMBERS AND THEIR FAMILIES MOST VALUABLE KIDS INC 11126 STEPHALEE LANE ROCKVILLE MD 20852 010637743 501(C)(3) 10000 BRING INSPIRATION TO UNDERSERVED CHILDREN IN THE WASHINGTON, DC METROPOLITAN AREAS APAH 4318 N CARLIN SPRING RD ARLINGTON VA 22203 541515133 501(C)(3) 10000 DEVELOP, PRESERVE, AND OWN QUALITY, AFFORDABLE PLACES TO LIVE AND TO PROMOTE STABILITY AND OPPORTUNITY FOR OUR RESIDENTS PEACHES AND SOURCREAM CHILDREN'S FOUNDATION INC 129 EAGLE HEAD DR FORT WASHINGTON MD 20744 842351249 501(C)(3) 1500 PROMOTE QUALITY CHILDHOOD EXPERIENCES THAT WILL POSITIVELY TRANSFORM THE LIVES OF CHILDREN INSIDE AND OUTSIDE EVERY CLASSROOM FRIENDS OF WEST HOLLYWOOD ELEMENTARY 970 N HAMMOND DRIVE WEST HOLLYWOOD CA 90069 383708391 501(C)(3) 5000 EDUCATION ALZHEIMER'S ASSOCIATION 225 N MICHIGAN AVE FLOOR 17 CHICAGO IL 60601 133039601 501(C)(3) 2500 HEALTHCARE UCLA FOUNDATION 10920 WILSHIRE BLVD STE 900 LOS ANGELES CA 90024 952250801 501(C)(3) 35000 EDUCATION SIFMA FOUNDATION FOR INVESTOR EDUCATION 120 BROADWAY 35TH FLOOR NEW YORK NY 10271 521087193 501(C)(3) 2500 FOSTER KNOWLEDGE AND UNDERSTANDING OF THE FINANCIAL MARKETS FOR INDIVIDUALS OF ALL BACKGROUNDS COMMUNITY SERVICES FOUNDATION 1325 G STREET NW STE 480 WASHINGTON DC 20005 237343119 501(C)(3) 1000 ENHANCE THE QUALITY OF LIFE IN THE DISTRICT OF COLUMBIA, MONTGOMERY COUNTY, NORTHERN VIRGINIA, AND PRINCE GEORGE'S COUNTY HOPE IN A SUITCASE 311 N ROBERTSON BLVD 715 BEVERLY HILLS CA 90211 475071911 501(C)(3) 50000 BENEFIT FOSTER CHILDREN MANAGEMENT LEADERSHIP FOR TOMORROW 7201 WISCONSIN AVE NO 400 BETHESDA MD 20814 521795164 501(C)(3) 5000 TRANSFORMING THE LEADERSHIP PIPELINES OF MORE THAN 120 LEADING ORGANIZATIONS BY DRIVING BREAKTHROUGH RESULTS FOR INDIVIDUALS AND INSTITUTIONS. COLLEGE TRACK 112 LINDEN STREET OAKLAND CA 94607 943279613 501(C)(3) 5000 EMPOWER STUDENTS FROM UNDERSERVED COMMUNITIES TO GRADUATE FROM COLLEGE DC PUBLIC EDUCATION FUND 3407 14TH STREET NW WASHINGTON DC 20010 261607955 501(C)(3) 5000 EDUCATION MATER DEI SCHOOL INC 9600 SEVEN LOCKS ROAD BETHESDA MD 20817 520906575 501(C)(3) 10000 EDUCATION FIGHT FOR CHILDREN INC 1029 VERMONT AVE NW STE 300 WASHINGTON DC 20005 521706059 501(C)(3) 10500 PROVIDE AT-RISK CHILDREN IN WASHINGTON, DC WITH ACCESS TO HIGH QUALITY YOUTH SPORTS OPPORTUNITIES COMMUNITIES IN SCHOOL OF LOS ANGELES INC 2000 AVENUE OF STARS LOS ANGELES CA 90067 260404220 501(C)(3) 15000 STRATEGICALLY ALIGN AND DELIVER NEEDED RESOURCES SO THAT STUDENTS CAN FOCUS ON LEARNING CASEY CARES FOUNDATION INC 3918 VERO ROAD SUITE C BALTIMORE MD 21227 522259802 501(C)(3) 25000 ASSISTING CRITICALLY ILL CHILDREN AND FAMILIES CASEY CARES FOUNDATION INC 3918 VERO ROAD SUITE C BALTIMORE MD 21227 522259802 501(C)(3) 15000 ASSISTING CRITICALLY ILL CHILDREN AND FAMILIES EMILY K CENTER 904 W CHAPEL HILL STREET DURHAM NC 27701 522230469 501(C)(3) 100000 DEVELOPS EDUCATED STUDENT LEADERS AND ENHANCES THE IMPACT OF LOCAL COMMUNITY-BASED ORGANIZATIONS. COMMUNITIES IN SCHOOL OF LOS ANGELES INC 2000 AVENUE OF STARS LOS ANGELES CA 90067 260404220 501(C)(3) 177000 STRATEGICALLY ALIGN AND DELIVER NEEDED RESOURCES SO THAT STUDENTS CAN FOCUS ON LEARNING EAGLEBANK FOUNDATION INC CO GOLD CLASSIC 7815 WOODMONT AVENUE BETHESDA MD 20814 920195178 501(C)(3) 12000 BREAST CANCER RESEARCH X X 0 0 0 0 0 0 0 0 1 0 JASON GOLDBLATT CEO AND CHAIRMAN 300000 0 0 0 62000 0 0 0 0 0 362000 0 0 0 TODD TRAVIS PRESIDENT AND COO 257500 0 0 0 52000 0 0 0 0 0 309500 0 0 0 RANDALL KELLY VP AND GENERAL COUNSEL 189500 0 0 0 31000 0 0 0 0 0 220500 0 0 0 JANET CHARLTON VICE PRESIDENT 240000 0 0 0 24000 0 0 0 0 0 264000 0 0 0 PART I, LINE 8 PRIOR TO JANET CHARLTON BECOMING A FOUNDATION EMPLOYEE, THE NFAHS BOARD OF DIRECTORS AND THE PERTINENT STATE HOUSING FINANCE AGENCIES HAD APPROVED THE PARTICIPATION OF AN ENTITY IN WHICH CHARLTON HAD AN INTEREST AS THE DEVELOPER FOR THREE (3) LIHTC REDEVELOPMENT TRANSACTIONS. DURING 2010 - 2013, PAYMENTS OF DEVELOPMENT FEES WERE MADE FOR SERVICES RENDERED TO THREE (3) LIMITED PARTNERSHIPS IN WHICH AFFILIATES OF THE NATIONAL FOUNDATION FOR AFFORDABLE HOUSING SOLUTIONS, INC. SERVE AS GENERAL PARTNER OR MANAGING PARTNER. SUCH FEES WERE PAID FOR SERVICES RENDERED PRIOR TO 2010 - 2013 AND WERE PAID FROM INVESTOR EQUITY CONTRIBUTED TO SUCH PARTNERSHIPS BY UNRELATED THIRD-PARTY TAX CREDIT INVESTORS. THE DEVELOPMENT FEES PAID IN EACH TRANSACTION ARE SUBJECT TO CERTAIN FEDERAL AND STATE GOVERNMENTAL LIMITATIONS AS TO GROSS AMOUNT AND SCHEDULE FOR PAYMENTS FORM 990, PART VI, SECTION B, LINE 11B PRIOR TO FILING, FORM 990 IS VETTED BY MEMBERS OF THE EXECUTIVE COMMITTEE AND THIRD PARTY LEGAL AND ACCOUNTING PERSONNEL. FINAL APPROVAL IS THEN GIVEN BY THE CHAIRMAN OF THE BOARD AFTER HIS REVIEW. FORM 990, PART VI, SECTION B, LINE 12C AN AFFIRMATIVE SIGNED STATEMENT OF NO CONFLICTS IS REQUIRED, AND WHERE APPLICABLE, A WRITTEN DISCLOSURE OF ANY KNOWN CONFLICTS IS REQUIRED. CONFLICTS ARE DISCLOSED AND BOARD MEMBERS ARE RECUSED, AS NEEDED, ON A TRANSACTIONAL BASIS. FORM 990, PART VI, SECTION B, LINE 15 THE COMPENSATION COMMITTEE REVIEWS AND MAKES DECISIONS WITH A THIRD PARTY COMPENSATION REPORT. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION'S GOVERNING DOCUMENTS ARE AVAILABLE DURING NORMAL BUSINESS HOURS UPON REQUEST.