Baptist Retirement Homes Foundation
Baptist Retirement Homes Foundation's mission is to primarily support the benevolent ministry of the baptist retirement homes of North Carolina, incorporated dba thrivemore
Baptist Retirement Homes Foundation at a glance
In short: Baptist Retirement Homes Foundation gave $1.6M across 3 grants in 2025 (avg $533K), mostly in North Carolina. Source: 2025 IRS Form 990.
- Annual giving (2025)
- $1,600,012
- -45.1% vs 2024
- Grants made (2025)
- 3
- +50.0% vs 2024
- Average grant
- $533,337
- -63.4% vs 2024
- Median grant
- $14,000
- Total assets
- $50,826,269
- +12.5% vs 2024
- Primary geography
- North Carolina (100% of itemized 2025 grant dollars)
- Latest 990 filing
- Form 990, 2025 View filing
Data from IRS Form 990, 2025; updated September 2026.
Who Baptist Retirement Homes Foundation funds
How this funder distributes its grants
Top Recipients
Top 2 recipients in 2025
The largest 2025 recipient was Baptist Retirement Homes of North Carolina Incorporated ($1.6M). Together the top 2 received $1.6M.
Grant Size Distribution
8 grants across all recorded years
The most common grant size was in the $1–5M range: 4 grants of 8 (50%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of 2025 grant dollars across all 3 itemized grants.
States
Cities
How Baptist Retirement Homes Foundation gives
- Giving grew 1131% from 2022 to 2025. Method
From the foundation's IRS Form 990 filings. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2019 to 2025, annual grant giving ranged from $130K (2022) to $2.9M (2024). In 2025 it made 3 grants totaling $1.6M.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Baptist Retirement Homes of North Carolina Incorporated Winston-Salem, NC | Fund and Support Benevolent Ministry | $1,579,012 |
| First Baptist Church Smithfield, NC | Provide Medical Supples | $14,000 |
| First Baptist Church Wilson, NC | Provide Medical Supplies | $7,000 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Net Investment Income |
|---|---|---|---|---|---|---|
| 2025 | $50,826,269 | $5,163,764 | $2,824,396 | $1,600,012 | 3 | $1,897,443 |
| 2024 | $45,176,642 | $3,843,425 | $3,848,146 | $2,916,057 | 2 | $1,995,505 |
| 2023 | $39,730,118 | $1,330,323 | $2,456,704 | $1,838,824 | 1 | $1,206,997 |
| 2022 | $38,117,881 | $4,268,416 | $634,186 | $130,000 | 1 | $4,118,018 |
| 2021 | $47,968,572 | $2,829,285 | $1,645,716 | $1,174,399 | 1 | $2,643,770 |
| 2020 | $41,531,441 | $1,712,431 | $2,129,779 | $1,646,339 | 1 | $1,702,342 |
| 2019 | $40,115,193 | $2,220,805 | $1,916,920 | $1,642,169 | 1 | $2,216,347 |
About Baptist Retirement Homes Foundation
Based on IRS filings
Baptist Retirement Homes Foundation is a public charity focused on Housing & Shelter, based in Winston-Salem, NC. IRS filing data is available from 2019 through 2025. As of 2025, the organization holds $50.8M in total assets. In 2025, it awarded 3 grants totaling $1.6M. Net investment income was $1.9M.
Focus Areas
Leadership & Key People
Officers and directors from IRS filings
Baptist Retirement Homes Foundation is led by Mary E. Morgan, Chair since 2024 (on filings since 2020); none of the 10 officers listed in 2025 report compensation.
Officers on the 2025 filing
Mary E. Morgan
Chair
Director → Chair, 2024
On filings since 2020
1 hr/week
No compensation reported
Clarence Lambe
Chair
Director → Chair, 2025
On filings since 2021
1 hr/week
No compensation reported
Beth T. Jones
Director
Vice President → President, 2021
President → Director, 2025
On filings since 2019
1 hr/week
No compensation reported
Henry Skinner
Director
On filings since 2022
1 hr/week
No compensation reported
Charlotte Cook-Smith
Director
On filings since 2024
1 hr/week
No compensation reported
Melvin Scales
Director
On filings since 2024
1 hr/week
No compensation reported
Roger Robertson
Director
On filings since 2024
1 hr/week
No compensation reported
Kevin Cook
Director of Development
New on the 2025 filing
36 hrs/week
No compensation reported
Reed A. Vanderslik
Assistant Secretary
President of Affiliate → Assistant Secretary, 2020
On filings since 2019
4 hrs/week
No compensation reported
Michael Brady
Assistant Treasurer
On filings since 2024
4 hrs/week
No compensation reported
Former officers (10)
- Former: Scott Farkas (2022–2024) — Assistant Treasurer
- Former: Monique Farrell (2023–2024) — Director of Development
- Former: Janet Mullaney (2020–2023) — President
- Former: Sarah H. Mayo (2020–2023) — Director
- Former: Phillip R. Feagan (2019–2022) — President
- Former: Debra A. Meginnis (2019–2021) — Assistant Treasurer
- Former: Brady W. Dickson (2019–2020) — President
- Former: Jeannine M. Richman (2019) — CFO of Affiliate
- Former: W. Linville Roach (2019) — Treasurer
- Former: William B. Stillerman (2019) — Ermeritus President of Affiliate & Assistant Treasurer
Data from IRS Form 990 filings, 2019–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Frequently asked questions about Baptist Retirement Homes Foundation
How much does Baptist Retirement Homes Foundation give each year?
Baptist Retirement Homes Foundation gave $1.6M across 3 grants in 2025, according to its 2025 IRS Form 990. In 2024 it gave $2.9M across 2 grants.
What is Baptist Retirement Homes Foundation's typical grant size?
Baptist Retirement Homes Foundation's median grant in 2025 was $14,000, and its average grant was $533,337, across 3 grants on its 2025 IRS Form 990.
Where does Baptist Retirement Homes Foundation give grants?
Baptist Retirement Homes Foundation gives mostly in North Carolina: 100% of the grant dollars itemized on its 2025 IRS Form 990 went to recipients there.
Does Baptist Retirement Homes Foundation give general operating support?
Not in 2025: none of the 3 grants with a stated purpose on Baptist Retirement Homes Foundation's 2025 IRS Form 990 were described as general or operating support.
How large is Baptist Retirement Homes Foundation?
Baptist Retirement Homes Foundation reported $50.8M in total assets on its 2025 IRS Form 990. Its revenue that year was $5.2M.
What is Baptist Retirement Homes Foundation?
Baptist Retirement Homes Foundation is a public charity focused on Housing & Shelter, based in Winston-Salem, NC. It holds $50.8M in total assets as of 2025.
What is Baptist Retirement Homes Foundation's EIN?
Baptist Retirement Homes Foundation's EIN (Employer Identification Number) is 56-2205837. IRS Form 990 filing data is available on this page for 2019–2025.
Data last updated September 2026. Sourced from IRS Form 990 filings.
Data update history
(8)
When this profile's IRS filing data changed on Grantable
- Updated Form 990 for fiscal year 2020 (received by the IRS August 13, 2021)
- Updated Form 990 for fiscal year 2021 (received by the IRS August 15, 2022)
- Updated Form 990 for fiscal year 2022 (received by the IRS August 15, 2023)
- Updated Form 990 for fiscal year 2023 (received by the IRS August 15, 2024)
- Updated Form 990 for fiscal year 2024 (received by the IRS September 24, 2025)
- Added Form 990 for fiscal year 2019 (received by the IRS July 6, 2020)
- Added Form 990 for fiscal year 2025 (received by the IRS August 17, 2026)
- IRS filings on file for fiscal years 2020–2024
Live grants for the work Baptist Retirement Homes Foundation funds
Housing & Shelter Open opportunities, soonest deadline first.
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Browse active grant opportunities in Baptist Retirement Homes Foundation's focus areas in our free grants database
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