May 10 2005
The National Housing Endowment, the philanthropic arm of the National Association of Home Builders (NAHB), is pleased to announce a $1 million gift from Greystone & Co., a leading private investment and real estate family of companies active in housing and healthcare financing.
“The important work of the National Housing Endowment is made possible by the generosity of donors like Greystone & Co.,” said Gary Garczynski, 2005 Chairman of the National Housing Endowment and former NAHB president. “Greystone has a steadfast commitment to philanthropy and their outstanding gift will support the Endowment’s ongoing efforts to revitalize the building industry’s labor pool and will aid the Endowment’s efforts to assist colleges and universities in the development of housing-related curricula and activities.”
Created in 1987, the National Housing Endowment assists state and local home building associations, the NAHB Research Center and the Home Builders Institute, in promoting building industry education and training, recognizing achievements in housing and supporting research to help the industry provide affordable and quality American housing. The Endowment also provides a permanent source of funds to address long-term industry concerns. Since its inception, the National Housing Endowment has awarded $5.3 million in grants to housing-related programs and projects nationwide.
“NAHB and the Endowment, an assembly of individuals who generously give their time and are firmly committed to providing quality affordable housing, truly represent the nobility that humanity can achieve when we come together in the spirit of sharing,” said Stephen Rosenberg, founder, president and chief executive officer of Greystone. “I feel honored and proud to have a seat in this assembly.”
Stephen Rosenberg will join the National Housing Endowment’s Life Trustees, seven-figure donors whose leadership and commitment have enabled the National Housing Endowment to surpass its initial fundraising goal of $10 million set in 2002 and expand it to $25 million over the next three years. In addition to the Life Trustees, the Endowment is led by a growing group of six-figure donors, known as Founding Advocates, who provide the Endowment’s core support. Supporters and trustees represent all sectors of the housing industry, providing a unique perspective on its widespread needs and challenges.