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
Among its reported 2024 grants, the largest include Valley Senior Service Alliance ($2,093,204), Presbyterian Homes Mill Pond Care Center Inc ($1,776,330), Presbyterian Homes Housing & Assisted Living Inc ($1,626,979).
| Recipient | Purpose | Amount |
|---|---|---|
| VALLEY SENIOR SERVICE ALLIANCE ROSEVILLE, MN | FURTHER EXEMPT PURPOSE | $2,093,204 |
| PRESBYTERIAN HOMES MILL POND CARE CENTER INC ROSEVILLE, MN | FURTHER EXEMPT PURPOSE | $1,776,330 |
| PRESBYTERIAN HOMES HOUSING & ASSISTED LIVING INC ROSEVILLE, MN | FURTHER EXEMPT PURPOSE | $1,626,979 |
| PRESBYTERIAN HOMES OF ARDEN HILLS INC ROSEVILLE, MN | FURTHER EXEMPT PURPOSE | $497,596 |
| PRESBYTERIAN HOMES OF NORTH OAKS INC ROSEVILLE, MN | FURTHER EXEMPT PURPOSE | $204,831 |
| GRANDVIEW CHRISTIAN HOME ROSEVILLE, MN | FURTHER EXEMPT PURPOSE | $204,390 |
| PHS MARANATHA INC ROSEVILLE, MN | FURTHER EXEMPT PURPOSE | $177,906 |
| PHSINVER GROVE INC ROSEVILLE, MN | FURTHER EXEMPT PURPOSE | $167,584 |
| CROSBY SENIOR SERVICES ROSEVILLE, MN | FURTHER EXEMPT PURPOSE | $150,996 |
| CASTLE RIDGE CARE CENTER INC ROSEVILLE, MN | FURTHER EXEMPT PURPOSE | $140,405 |
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
Frequently Asked Questions
What does Presbyterian Homes Foundation fund?
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
How do I apply for a grant from Presbyterian Homes Foundation?
**Grant Activity:** • Total giving: $8,497,595 (fiscal year 2024) • Typical award range: $5,321–$2,415,097 **Giving Options:** The foundation accepts charitable gifts through multiple channels: • One-time gifts • Monthly giving programs • Planned/future gifts • Designated gifts (such as Shining Star gifts recognizing specific employees) **Designated Funds:** • Employee Hardship Fund: Provides financial relief to Presbyterian Homes & Services employees experiencing serious financial hardships du…
Where does Presbyterian Homes Foundation make grants?
The foundation primarily funds organizations in Minnesota and Wisconsin.
What size grants does Presbyterian Homes Foundation award?
In 2024, Presbyterian Homes Foundation awarded 40 grants totaling $8.4M — an average of about $211K per grant, based on its IRS Form 990 filings.
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 2019–2024.
Explore Open Grants
Browse active grant opportunities in Presbyterian Homes Foundation's focus areas in our free grants database
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Data last updated June 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
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