Presbyterian Homes Foundation is a 501(c)(3) public charity established in 1982 and based in Roseville, Minnesota. The foundation serves as the philanthropic arm of Presbyterian Homes & Services (PHS), a major nonprofit provider of senior housing and services in the Upper Midwest. The foundation enables charitable giving to support the broader mission and operations of Presbyterian Homes & Services.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$102.6M
+25.8% YoY
Annual Giving
$8.4M
+59.9% YoY
Grant Count
40
+17.6% YoY
Avg Grant Size
$211K
+35.9% YoY
Mission & Focus Areas
The mission of Presbyterian Homes Foundation is to honor God by enriching the lives and touching the hearts of older adults.
The foundation's funding priorities include:
- Education
- Human Services
- Health Care
Grantmaking
The foundation accepts charitable gifts through multiple channels:
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Geographic Focus
Where this funder awards grants
The foundation primarily funds organizations in Minnesota and Wisconsin.
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
As of Fiscal Year Ending September 2024:
- Total Assets: $102,580,351–$103,000,000
- Total Revenue: $18,839,205
- Total Expenses: $10,084,913
- Net Income: $8,754,292
- Total Liabilities: $19,200,000
Tax-Exempt Status: Tax-exempt since October 1988 (EIN: 41-1465334)
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $102,580,351 | $81,539,619 | $76,348,913 |
| Revenue | $18,839,205 | $9,097,701 | $5,256,330 |
| Expenses | $10,084,913 | $7,353,429 | $7,787,500 |
| Qualifying Distributions | — | — | — |
| Net Investment Income | $10,137,394 | $6,092,252 | — |
| Distributable Amount | — | — | — |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
Grant Size Distribution
196 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for .
Leadership & Key People
Leadership team and compensation from IRS filings
- Janene Connelly: Vice President
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| DANIEL LINDH | CEO & BOARD CHAIR | 1 | — |
| MARK MEYER | CFO & SECRETARY/TREASURER | 1 | — |
| MARK PEDERSON | SVP OPERATIONS & VICE CHAI | 1 | — |
| JONATHAN FLETCHER | VP OF DEVELOPMENT | 1 | — |
Subject Areas
Focus areas based on grantmaking activity
Related Funders
Similar funders by location and focus area
Spicola Family Foundation
MINNETONKA, MN
Assets
—
Grants
3
Total Given
$410K
The Geyer Family Foundation
EDINA, MN
Assets
—
Grants
7
Total Given
$35K
Love 4 One Another Charities
CHANHASSEN, MN
Assets
$8.5M
Grants
1
Total Given
$90K
Donald and Luella Zibell Family Foundation
NORTHFIELD, MN
Assets
—
Grants
8
Total Given
$80K
Minnesota Citizens Concerned
MINNEAPOLIS, MN
Assets
$745K
Grants
2
Total Given
$942K
Clearway Minnesota (sm)
MINNEAPOLIS, MN
Assets
—
Grants
6
Total Given
$442K
Data last updated April 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
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