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Presbyterian Homes Foundation

Public charity · Grantmaker Roseville, MN EIN: 41-1465334 Website

Presbyterian Homes Foundation is a public charity based in Roseville, Minnesota, formed in 1982. It was established to aid, support, and promote the charitable purposes of Presbyterian Homes and its affiliates, including housing and other care services for older adults.

Key facts about Presbyterian Homes Foundation

In short: Presbyterian Homes Foundation gave $9.6M across 44 grants in 2025 (avg $219K), mostly in Minnesota. 9% of 2025 grantees were new. Source: 2025 IRS Form 990.

EIN
41-1465334
Latest 990 filing
Form 990, 2025
Annual giving (2025)
$9,638,216
Grants made (2025)
44
Average grant
$219,050
Median grant
$65,090
New grantees (estimate)
9% first-time grantees (4 of 44, 2025)
Total assets
$112,497,414
Primary geography
Minnesota (100% of itemized 2025 grant dollars)

Data from IRS Form 990, 2025; updated September 2026. New grantees are estimated by matching recipient names across years (methodology).

Financial Overview

From 2025 IRS Form 990 · View filing

Total Assets

$112.5M

+9.7% YoY

Annual Giving

$9.6M

+14.3% YoY

Grant Count

44

+10.0% YoY

Avg Grant Size

$219K

+4.0% YoY

Is Presbyterian Homes Foundation open to new grantees?

9%

first-time grantees, 2025

In 2025, 4 of 44 grantees (9%) were first-time recipients. First grants averaged $219K; repeat grants $219K. How we count

Medians: $38K first-time, $66K repeat.

  • 86% of 2025 grantees were also funded in 2024. Method
  • Giving grew 64% from 2022 to 2025. Method

Estimate from itemized grant lists in IRS Form 990 filings (2019–2025). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.

Research compiled by Grantable AI from public sources. Last updated September 2026.

Mission & Focus Areas

The Foundation’s stated mission is “to honor God by enriching the lives and touching the hearts of older adults.” Its filing describes awards to affiliated organizations for housing and other care services for older adults. Among the 2024 recipients, several grantees describe their own mission as honoring God by enriching the lives and touching the hearts of older adults; those missions belong to the grantees, not the Foundation.

Grantmaking

In 2024, the Foundation reported 40 grants totaling $8,428,912. Awards ranged from $6,287 to $2,093,204, with a median grant of $66,479. The largest listed awards included $2,093,204 to Valley Senior Service Alliance, $1,776,330 to Presbyterian Homes Mill Pond Care Center Inc., and $1,626,979 to Presbyterian Homes Housing & Assisted Living Inc. The stated purpose for these grants was “further exempt purpose.”

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Geographic Focus

Where this funder awards grants

In 2024, 99% of grant dollars went to recipients in Minnesota and 1% to recipients in Wisconsin.

Grant Distribution by State

2states

Share of all 44 itemized 2025 grant dollars.

Cities

RosevilleSt. PaulEau ClaireRichfieldWayzata

Giving Over Time

Total grant dollars and number of grants per year

$0$2.5M$5M$7.5M$10M40 grants201939 grants202042 grants202141 grants202234 grants202340 grants202444 grants2025

From 2019 to 2025, annual grant giving ranged from $4.5M (2021) to $9.6M (2025). In 2025 it made 44 grants totaling $9.6M.

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2025

Croixdale: $2.6MCroixdale$2.6MPresbyterian Homes Housing & Assisted Living Inc: $1.7MPresbyterian Homes Housing &Assisted Living Inc$1.7MValley Senior Service Alliance: $1.1MValley Senior Service Alliance$1.1MPHW Muskego Inc: $797KPHW Muskego Inc$797KWilliamsburg Retirement Community LLC: $524KWilliamsburg RetirementCommunity LLC$524KPresbyterian Homes of Arden Hills Inc: $366KPresbyterian Homes of ArdenHills Inc$366KGrandview Christian Home: $270KGrandview Christian Home$270KPresbyterian Homes of North Oaks Inc: $250KPresbyterian Homes of NorthOaks Inc$250KPHS Maranatha Inc: $187KPHS Maranatha Inc$187KPresbyterian Homes Bloomington Care Center Inc: $173KPresbyterian Homes BloomingtonCare Center Inc$173K

The largest 2025 recipient was Croixdale ($2.6M). Together the top 10 received $7.9M.

Grant Size Distribution

201 grants across all recorded years

82<$50K58$50–100K41$100–250K7$250–500K3$500K–1M10$1–5M$5M+

The most common grant size was under $50K: 82 grants of 201 (41%).

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
Croixdale Roseville, MNFurther Exempt Purpose$2,605,074
Presbyterian Homes Housing & Assisted Living Inc Roseville, MNFurther Exempt Purpose$1,695,689
Valley Senior Service Alliance Roseville, MNFurther Exempt Purpose$1,054,258
PHW Muskego Inc Roseville, MNFurther Exempt Purpose$797,225
Williamsburg Retirement Community LLC Roseville, MNFurther Exempt Purpose$523,620
Presbyterian Homes of Arden Hills Inc Roseville, MNFurther Exempt Purpose$366,086
Grandview Christian Home Roseville, MNFurther Exempt Purpose$270,484
Presbyterian Homes of North Oaks Inc Roseville, MNFurther Exempt Purpose$249,696
PHS Maranatha Inc Roseville, MNFurther Exempt Purpose$186,522
Presbyterian Homes Bloomington Care Center Inc Roseville, MNFurther Exempt Purpose$173,131

Financial History

Multi-year comparison from IRS filings

Filing year Assets Revenue Expenses Grant sum Grant count
2024 $102,580,351 $18,839,205 $10,084,913 $8,428,912 40
2023 $81,539,619 $9,097,701 $7,353,429 $5,271,827 34
2022 $76,348,913 $5,256,330 $7,787,500 $5,891,125 41
Revenue
Expenses
Net Investment Income
$0$10M$20M$30M2019202020212022202320242025
Metric202520242023
Total Assets$112,497,414$102,580,351$81,539,619
Revenue$20,258,422$18,839,205$9,097,701
Expenses$11,424,589$10,084,913$7,353,429
Net Investment Income$8,168,278$10,137,394$6,092,252

Data update history

When this profile's IRS filing data changed on Grantable

  1. Added Form 990 for fiscal year 2025 (received by the IRS August 10, 2026)
  2. IRS filings on file for fiscal years 2019–2024

Leadership & Key People

Leadership team and compensation from IRS filings

The 2024 filing lists Daniel Lindh as CEO and board chair; Mark Meyer as CFO and secretary/treasurer; Mark Pederson as SVP of operations and vice chair; and Jonathan Fletcher as VP of development.

Presbyterian Homes Foundation is led by Daniel Lindh, CEO & Board Chair since 2023 (on filings since 2019); none of the 6 officers listed in 2025 report compensation.

Officers on the 2025 filing

  • Daniel Lindh

    CEO & Board Chair

    CEO → CEO & Board Chair, 2023

    On filings since 2019

    1 hr/week

    No compensation reported

  • Jonathan Fletcher

    CEO & Board Chair

    Vice President of Development → CEO & Board Chair, 2025

    On filings since 2019

    1 hr/week

    No compensation reported

  • Mark Pederson

    Senior Vice President of Operations & Vice Chair

    Senior Vice President Operations & Vice Chair → Senior Vice President Operations & Vice Chai, 2024

    Senior Vice President Operations & Vice Chai → Senior Vice President of Operations & Vice Chair, 2025

    On filings since 2023

    1 hr/week

    No compensation reported

  • Heidi Peterson

    Vice President of Finance, Secretary & Treasurer

    New on the 2025 filing

    1 hr/week

    No compensation reported

  • Mark Meyer Cfo

    Secretary & Treasurer

    New on the 2025 filing

    1 hr/week

    No compensation reported

  • Rebecca Rauen

    Vice President of Human Resources

    New on the 2025 filing

    1 hr/week

    No compensation reported

Former officers (8)
  • Former: Mark Meyer (2019–2024) — CFO, Secretary & Treasurer
  • Former: Duane Larson (2019–2023) — Senior Vice President Operations & Vice Chair
  • Former: Teresa Larson (2019–2023) — Senior Vice President Human Resources
  • Former: William Hagstrom (2019–2020) — Vice President of Development Director
  • Former: John Mehrkens (2019) — Vice President of Human Resources
  • Former: Karen McKenna (2019) — Vice President Human Resources · Filing note: Thru March
  • Former: Michael Bingham (2019) — Senior Vice President Optage
  • Former: Sharon Strickler (2019) — Vice President Site Operations

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.

Contact

Mailing address: 2845 Hamline Avenue North, Roseville, MN 55113
Phone: (651) 631-6162
Website: https://preshomes.org

Frequently asked questions about Presbyterian Homes Foundation

How much does Presbyterian Homes Foundation give each year?

Presbyterian Homes Foundation gave $9.6M across 44 grants in 2025, according to its 2025 IRS Form 990. In 2024 it gave $8.4M across 40 grants.

What is Presbyterian Homes Foundation's typical grant size?

Presbyterian Homes Foundation's median grant in 2025 was $65,090, and its average grant was $219,050, across 44 grants on its 2025 IRS Form 990. Organizations receiving their first grant from Presbyterian Homes Foundation that year got $219K on average.

Where does Presbyterian Homes Foundation give grants?

Presbyterian Homes Foundation gives mostly in Minnesota: 100% of the grant dollars itemized on its 2025 IRS Form 990 went to recipients there. The most frequent recipient cities were Roseville, MN (44 grants).

Who are Presbyterian Homes Foundation's largest grantees?

Presbyterian Homes Foundation's largest 2025 grantees include Croixdale ($2,605,074), Presbyterian Homes Housing & Assisted Living Inc ($1,695,689) and Valley Senior Service Alliance ($1,054,258), according to its 2025 IRS Form 990. Together they received 56% of its itemized 2025 grant dollars.

How large is Presbyterian Homes Foundation?

Presbyterian Homes Foundation reported $112.5M in total assets on its 2025 IRS Form 990. Its revenue that year was $20.3M.

What does Presbyterian Homes Foundation fund?

The Foundation’s stated mission is “to honor God by enriching the lives and touching the hearts of older adults.” Its filing describes awards to affiliated organizations for housing and other care services for older adults. See mission & focus areas ↑

How do I apply for a grant from Presbyterian Homes Foundation?

In 2024, the Foundation reported 40 grants totaling $8,428,912. Awards ranged from $6,287 to $2,093,204, with a median grant of $66,479. The largest listed awards included $2,093,204 to Valley Senior Service Alliance, $1,776,330 to Presbyterian Homes Mill Pond Care Center Inc., and $1,626,979 to Presbyterian Homes Housing & Assisted Living Inc.

What is Presbyterian Homes Foundation's EIN?

Presbyterian Homes Foundation's EIN (Employer Identification Number) is 41-1465334. IRS Form 990 filing data is available on this page for 2019–2025.

Data last updated September 2026. Sourced from IRS Form 990 filings. Research dossier generated September 2026.

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