Enterprise Community Partners

Enterprise Community Partners, formerly the Enterprise Foundation, is a Columbia, Maryland-based nonprofit organization with offices nationwide that aims to create affordable housing for low-income people. 1

At-A-Glance

Issue Areas: Housing Policy
Formation:

1982

President and CEO:

Shaun Donovan

Location: Columbia, MD View on map
Tax ID: 52-1231931
Most Recent Filing: 2024
Budget (2024): Assets: $941,952,049 Revenue: $159,609,443 Expenses: $148,393,215

Contents

    The group is a founder of Power Forward Communities, a coalition of nonprofits advocating expanded use of home weatherization and more energy efficient appliances in low-income and disadvantaged communities. Other founders include Rewiring America, Habitat for Humanity International, Local Initiatives Support Corporation (LISC), and United Way Worldwide. 2

    In December 2024, MacKenzie Scott donated Enterprise Community Partners $65 million. 3

    Background

    Jim and Patty Rouse founded what eventually became Enterprise Community Partners in 1982. 4

    The group works all over the United States and has offices in Chicago, Detroit, New Orleans, the District of Columbia, New York, San Francisco, Cleveland, Seattle, Denver, Atlanta, and Los Angeles. 5

    Advocacy

    Enterprise Community Partners advocates increased federal housing tax credits, reforms to qualified contracts and right of first refusal provisions for homes financed through the federal housing credit to prevent investors from buying those homes, establishing a neighborhood homes tax credit, and increasing federal spending on housing programs. 6

    On racial policy, the group advocates for reforms to the Community Reinvestment Act that encourages banks to lend to racial minorities, for expanded funding for rental choice vouchers, for opposing source of income discrimination, for removing exclusionary zoning which protects single-family homes, for restricting the ability of landlords to evict tenants, for more spending on social programs, for more community-owned housing developments, for expanding tax credits to improve charter-school facilities, for improving the quality of manufactured homes, and for expanding Opportunity Zone legislation. 6

    On climate policy, the group supported the Biden administration-backed Inflation Reduction Act spending bill which increased spending on energy efficiency and weather-dependent energy such as wind and solar. The group supports increased disaster recovery spending, congressionally mandated stronger building codes and a requirement that federally funded homes be powered with weather-dependent energy, and increased resilience to climate change. 6

    The group is a founder of Power Forward Communities, a coalition of nonprofits advocating for expanded use of home weatherization and more energy efficient appliances in low-income and disadvantaged communities. Other founders include Rewiring America, Habitat for Humanity International, Local Initiatives Support Corporation (LISC), and United Way Worldwide. 2

    In April 2024, the group along with the Funders Together to End Homelessness and the National Alliance to End Homelessness filed an amicus brief with the U.S. Supreme Court in the Johnson vs. Grants Pass case opposing the power of cities and towns to ban public camping by the homeless. 7

    Funding

    According to Enterprise Community Partners’ 2023 tax return, the group received $23,391,198 from governments. 8

    The Kresge Foundation, Ford Foundation, Hudson-Webber Foundation, Ralph C. Wilson, Jr. Foundation, W.K. Kellogg Foundations, Ballmer Group, and the Gilbert Family Foundation are funders of Enterprise Community Partners. 9

    Among other funders of the group are many businesses and foundations including the Chan Zuckerberg Initiative and the Bill and Melinda Gates Foundation. 10

    Between 1982 and 2017, the MacArthur Foundation gave $15,307,400 to the group. 11

    In June 2024, Pinnacle Financial Partners announced a $10 million investment in the group. 12

    In December 2024, MacKenzie Scott donated the group $65 million to support its work. She previously gave $50 million in 2020. 3

    Leadership

    The president and CEO of Enterprise Community Partners is Shaun Donovan. He was hired in September 2023. He previously served as the Secretary of Housing and Urban Development and the director of the U.S. Office of Management and Budget under President Barack Obama. 13

    The chair of the board of directors is former U.S. Representative Rick Lazio (R-NY). He is an attorney who helps companies claim federal tax credits. 14

    Financials

    According to Enterprise Community Partners’ 2023 tax return, the group had $110,122,180 in revenue, $113,542,808 in expenses, and $913,170,085 in assets. 8

    That year, the group gave many donations and grants to groups involved in affordable housing, with its largest grant given to Enterprise Community Development in the amount of $5,810,553. 8

    Financial Statistics

    Total Assets

    Total Revenue

    Total Expenses

    YearTotal AssetsTotal RevenueTotal ExpensesFiling
    2024 $941,952,049 $159,609,443 $148,393,215 View
    2023 $913,170,085 $110,122,180 $113,542,808 View
    2022 $874,866,488 $115,861,908 $116,583,772 View
    2021 $826,795,686 $143,661,999 $143,059,691 View
    2020 $741,203,003 $194,824,366 $192,067,579 View

    Prior year filings: 2019, 2018, 2017, 2016, 2015, 2014, 2013, 2012, 2011

    Revenue Detail

    Expenses Detail

    Employee Compensation

    • Number of Employees: 300

    Highest Earning Employees

    EmployeeTitleTotal Compensation
    Shaun DonovanTRUSTEE, PRESIDENT & CEO$916,874
    Andrew WarshawSVP & COO$806,998
    Jacqueline WaggonerEVP, SOLUTIONS DIVISION$529,349
    Diana FalvoSVP, DEVELOPMENT & COMMUNICATIONS$364,717
    Baaba HalmSVP PROGRAMS, OFFICER AS OF 06/24$321,149
    Meaghan VlkovicSVP, PROGRAMS AS OF 06/2024$280,783
    David BowersVP & MARKET LEADER, MID-ATLANTIC$280,315
    William JenkinsPFC DIRECTOR$279,382
    Michelle MarshallVP & MARKET LEADER, GULF COAST$274,562
    Jennifer RodgersVP, DENVER MARKET LEADER$270,973
    Melinda ClemonsVP & MARKET LEADER$270,678
    Judith KendeSVP, CHIEF PROGRAM OFFICER$173,751
    Pat CaveSVP, POLICY AS OF 12/2024$43,255

    Grant Activity

    All-time grants received statistics from Candid dataset:

    • Total Grant Value: $547,558,024
    • Number of Grants: 1,087
    • Number of Funders: 254

    Selection of highest value grants received from the last seven years:

    AmountYearFunderSubject
    $65,000,0002024 MacKenzie ScottMacKenzie Scott made an unrestricted grant of $65 million to Enterprise Community Partners. The gift reflects the impact and scale of Enterprise’s programs that create and preserve affordable housing, the organization’s essential role in solving the nation’s housing crisis, and validation of Enterprise’s unique model combining a nationwide investment platform with one of the largest housing advocacy operations in the country.
    $50,058,4002021 Fidelity Investments Charitable Gift FundFor grant recipient's exempt purposes
    $50,000,0002020 MacKenzie ScottMackenzie Scott made an unrestricted donation of $50 million to Enterprise Community Partners in support of its work to increase the supply of homes people can afford, to advance racial equity and dismantle the legacy of racism in housing, and to build resiliency and upward mobility for all. This grant is part of the $4,158,500,000 in gifts Scott made to 384 organizations across all 50 states, Puerto Rico, and Washington D.C. In response to the coronavirus (COVID-19) pandemic and economic crisis.
    $14,314,9312020 Assistant Secretary For Community Planning And DevelopmentSection 4 capacity building for community development and affordable housing
    $13,158,3652022 Enterprise Community Investment IncGENERAL SUPPORT
    $10,000,0002021 CHARLES AND LYNN SCHUSTERMAN FAMILY FOUNDATIONThe Equitable Path Forward Initiative
    $8,164,4082024 The Gilbert Family FoundationECONOMIC MOBILITY
    $6,697,8622024 Enterprise Community Investment IncGENERAL SUPPORT
    $5,851,0002024 Gs Donor Advised Philanthropy Fund for Wealth Management IncCOMMUNITY & HUMAN SERVICES
    $5,714,0912023 Enterprise Community Investment IncGENERAL SUPPORT
    $5,500,0002023 The Gilbert Family FoundationDETROIT COMMUNITY INITIATIVES
    $5,350,0002021 Chan Zuckerberg Initiative FoundationLOCAL RENTAL OWNER COOPERATIVE PILOT
    $5,081,9002020 Ballmer GroupEnterprise Community Partners (Enterprise) makes home and community places of pride, power, and belonging, as well as platforms for resilience and upward mobility for all. Our grant enables Enterprise to help rigorous Place Based Partnerships across the US assess the local landscape related to housing and the impact it has on educational outcomes, develop tools to identify and address local needs, and influence key policies at local, state, and federal levels
    $5,000,0002023 The Kresge FoundationThis grant provides support to Enterprise Community Partners for its CDO Fund that will provide operating support to Detroit community development organizations for three years.
    $5,000,0002022 The Gilbert Family FoundationHOUSING ENTERPRISE COMMUNITY PARTNERS CDO HOME REPAIR
    $5,000,0002021 Community Investment Guarantee Pool (CIGP)Enterprise Community Partners announced a commitment of $5 million from the Community Investment Guarantee Pool (CIGP) in support of efforts to advance racial equity in housing. The funding will support Enterprise's Equitable Path Forward, a five-year, $3.5 Billion initiative aimed at increasing investments in Black, Indigenous, people of color, and other historically marginalized housing providers.
    $4,500,0002020 The Kresge FoundationThis grant provides support to Enterprise Community Partners for a CDO Fund that will provide operating support to Detroit community development organizations for three years.
    $4,450,0002023 Gs Donor Advised Philanthropy Fund for Wealth Management IncCOMMUNITY & HUMAN SERVICES
    $4,000,0002021 The Ford FoundationCore support for the CDO Fund that provides support for community development organizations that engage in economic and community development, organizing, resident engagement, and social service projects that empowers Detroiters
    $3,300,0002020 Jpmorgan Chase FoundationIN SUPPORT OF AFFORDABLE HOUSING
    $2,925,0002020 Jpmorgan Chase FoundationIN SUPPORT OF NEIGHBORHOOD REVITALIZATION
    $2,055,8502022 Gs Donor Advised Philanthropy Fund for Wealth Management IncCOMMUNITY & HUMAN SERVICES
    $2,000,0002021 Wells Fargo FoundationExpansion of Faith-Based Development Initiative to four new markets
    $2,000,0002020 Freedom Together FoundationTo help at least 3,500 New Yorkers stay in their homes in the wake of the Covid-19 crisis through service connections and financial resources, including rent relief; to expand the capacity of community-based service providers to deliver eviction prevention services, including supports and services for those who otherwise would slip through the safety net, including undocumented immigrants and shadow economy workers.
    $2,000,0002020 The Ford FoundationCore support for Project Parachute NYC Covid-19 rental assistance program

    All-time grants given statistics from Candid dataset:

    • Total Grant Value: $367,150,825
    • Number of Grants: 3,230
    • Number of Recipients: 1,338

    Selection of highest value grants given from the last seven years:

    AmountYearFunderSubject
    $10,995,5462024 Enterprise Community Development IncGENERAL AND ADMINISTRATIVE
    $10,871,6602021 WESTHAB INCCAPACITY BUILDING
    $5,810,5532023 Enterprise Community Development IncAGING WELL PROGRAM
    $4,624,0002020 Local Initiatives Support CorporationCOMMUNITY PRESERVATION AND DEVELOPMENT
    $3,192,0002021 City of El MonteACQUISITION AND REHAB OF AFFORDABLE HOUSING
    $3,100,0002024 Build UpHOUSING SUPPLY GENERAL
    $3,100,0002024 Grounded Solutions NetworkHOUSING SUPPLY GENERAL
    $3,100,0002024 Module Design IncHOUSING SUPPLY GENERAL
    $3,072,0002020 County of OrangeCOMMUNITY PRESERVATION AND DEVELOPMENT
    $2,592,9082024 North Corktown Neighborhood AssociationLOANS, GRANTS AND RESOURCE DEVELOPMENT
    $2,564,6232022 Emmanuel Properties IncACQUISITION AND REHAB OF AFFORDABLE HOUSING
    $2,494,7752024 Bay Area Community Services Housing CorpPRODUCTION
    $2,400,0002020 LifeMovesACQUISITION AND REHAB OF AFFORDABLE HOUSING
    $2,376,0002020 Housing Authority City of FresnoACQUISITION AND REHAB OF AFFORDABLE HOUSING
    $2,250,7352020 Washington Community Reinvestment AssociationCREATING/PRESERVING AFFORDABLE HOUSING/EXPAND EARLY LEARNING CENTERS
    $2,237,0002021 Enterprise Community Development IncCAPACITY BUILDING
    $2,100,0002022 PATHEMERGENCY ACTION FOR RESIDENTS & PARTNERS STABILITY
    $2,000,0002024 Hope Enterprise CorporationHOUSING SUPPLY GENERAL
    $2,000,0002024 Tlingit-Haida Regional Housing AuthorityHOUSING SUPPLY GENERAL
    $1,831,8882021 Catholic Charities Neighborhood Services IncCAPACITY BUILDING
    $1,828,5622021 Homeward NYC (dba of West End Residences)CREATING/PRESERVING AFFORDABLE HOUSING/EXPAND EARLY LEARNING CENTERS
    $1,738,0012024 Coalition for Responsible Community DevelopmentPRESERVATION
    $1,680,0002020 Mercy House Chdo IncACQUISITION AND REHAB OF AFFORDABLE HOUSING
    $1,580,7572021 Home Headquarters IncCOMMUNITY PRESERVATION AND DEVELOPMENT
    $1,563,4962021 H E L P USA IncCREATING/PRESERVING AFFORDABLE HOUSING/EXPAND EARLY LEARNING CENTERS

    References

    1. “What We Do.” Enterprise Community Partners. Accessed December 20, 2024. https://www.enterprisecommunity.org/about/what-we-do.
    2.  Power Forward Communities, Accessed December 9, 2024. https://powerforwardcommunities.org/
    3. “Mackenzie Scott Bolsters Affordable Housing Efforts.” Housing Finance Magazine, December 2, 2024. https://www.housingfinance.com/news/mackenzie-scott-bolsters-affordable-housing-efforts_o.
    4.  “How It All Started.” How It All Started | Enterprise Community Partners. Accessed December 9, 2024. https://www.enterprisecommunity.org/about/how-it-all-started.
    5. “Where We Work.” Enterprise Community Partners. Accessed December 9, 2024. https://www.enterprisecommunity.org/about/where-we-work
    6. “2023 Public Policy Priorities.” Enterprise Community Partners. Accessed December 9, 2024. https://www.enterprisecommunity.org/sites/default/files/2023-03/2023-002 2023 Policy Priorities – R4[32].pdf.
    7. “National Alliance to End Homelessness, Funders Together to End Homelessness, and Enterprise Community Partners File Amicus Brief in Support of the Rights of the Homeless in Landmark Supreme Court Case.” National Alliance to End Homelessness, April 3, 2024. https://endhomelessness.org/media/press-releases/national-alliance-to-end-homelessness-joins-funders-together-to-end-homelessness-and-enterprise-community-partners-to-file-amicus-brief-in-support-of-the-rights-of-the-homeless-in-landmark-supreme-co/.
    8. “Enterprise Community Partners Inc, Full Filing – Nonprofit Explorer.” ProPublica. Accessed December 9, 2024. https://projects.propublica.org/nonprofits/organizations/521231931/202401919349301485/full.
    9. “Enterprise Community Partners Announces $23.7M for 32 Detroit Community Development Organizations.” Kresge Foundation, February 7, 2024. https://kresge.org/news-views/enterprise-community-partners-announces-23-7m-for-32-detroit-community-development-organizations/.
    10.  “Funders.” Enterprise Community Partners. Accessed December 9, 2024. https://www.enterprisecommunity.org/funders.
    11. “Enterprise Community Partners.” MacArthur Foundation. Accessed December 27, 2024. https://www.macfound.org/grantee/enterprise-community-partners-210/.
    12. “Pinnacle Invests $10 Million in Enterprise Community Partners’ CDFI.” Pinnacle Financial Partners, June 12, 2024. https://www.pnfp.com/news/news-releases/pinnacle-invests-10-million-in-enterprise-community-partners-cdfi/.
    13. “Enterprise Community Partners Names Shaun Donovan as Chief Executive Officer and President.” PR Newswire: press release distribution, targeting, monitoring and marketing, June 5, 2023. https://www.prnewswire.com/news-releases/enterprise-community-partners-names-shaun-donovan-as-chief-executive-officer-and-president-301842586.html.
    14. “Rick Lazio, Chair.” Enterprise Community Partners. Accessed December 9, 2024. https://www.enterprisecommunity.org/about/rick-lazio-chair.