Presbyterian Retirement Communities Northwest

Public charity · Grantmaker Bellevue, WA EIN: 91-0666887

A faith-based non-profit organization that support communities and services committed to improving the lives of older adults by integrating housing, community services, technology, philanthropy, and partnerships.

Presbyterian Retirement Communities Northwest at a glance

In short: Presbyterian Retirement Communities Northwest gave $11.8M across 1 grant in 2025 (avg $11.8M), mostly in Washington. Source: 2025 IRS Form 990.

Annual giving (2025)
$11,818,048
+6723.4% vs 2024
Grants made (2025)
1
+0.0% vs 2024
Average grant
$11,818,048
+6723.4% vs 2024
Median grant
$11,818,048
Total assets
$502,372,252
+1.0% vs 2024
Primary geography
Washington (100% of itemized 2025 grant dollars)
Latest 990 filing
Form 990, 2025 View filing

Data from IRS Form 990, 2025; updated September 2026.

Who Presbyterian Retirement Communities Northwest funds

How this funder distributes its grants

Top Recipients

Top recipient in 2025

Transforming Age: $11.8MTransforming Age$11.8M

The largest 2025 recipient was Transforming Age ($11.8M).

Grant Size Distribution

13 grants across all recorded years

3<$50K$50–100K4$100–250K$250–500K1$500K–1M4$1–5M1$5M+

The most common grant size was in the $100–250K range: 4 grants of 13 (31%).

Geographic Focus

Where this funder awards grants

Grant Distribution by State

2states

Share of the 2025 grant dollars on its one itemized grant.

Cities

BellevueSeattleLincoln

How Presbyterian Retirement Communities Northwest gives

  • Giving grew 90% 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

$0$5M$10M$15M1 grant2019 1 grant2020 2 grants2021 5 grants2022 4 grants2023 1 grant2024 1 grant2025

From 2019 to 2025, annual grant giving ranged from $137K (2019) to $11.8M (2025). In 2025 it made 1 grant totaling $11.8M.

Grants by year

Grant recipients and amounts by year

RecipientPurposeAmount
Transforming Age Bellevue, WAGeneral Operating Support$11,818,048
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Financial History

Multi-year comparison from IRS filings

Figures from IRS filings, by filing year
Filing yearTotal AssetsRevenueExpensesGrants paidGrantsNet Investment Income
2025$502,372,252$97,892,842$127,287,194$11,818,0481$3,650,111
2024$497,451,994$80,038,151$112,678,389$173,2001$1,309,005
2023$525,225,607$143,061,728$112,655,007$2,094,4674$740,758
2022$529,987,118$90,087,367$114,657,767$6,209,2325$792,469
2021$589,407,305$86,965,439$98,542,867$1,214,5602$12,587,563
2020$601,934,836$78,278,510$92,161,566$199,9921$2,185,985
2019$440,915,477$77,657,494$89,203,430$137,2351$2,050,594

About Presbyterian Retirement Communities Northwest

Based on IRS filings

Presbyterian Retirement Communities Northwest is a public charity focused on Human Services, based in Bellevue, WA. IRS filing data is available from 2019 through 2025. As of 2025, the organization holds $502.4M in total assets. In 2025, it awarded 1 grant totaling $11.8M. Net investment income was $3.7M.

Focus Areas

Leadership & Key People

Officers and directors from IRS filings

Presbyterian Retirement Communities Northwest is led by Torsten Hirche, President & CEO on every filing since 2019; 3 of 16 officers listed in 2025 are compensated.

Officers on the 2025 filing

  • Torsten Hirche

    President & CEO

    On filings since 2019

    1 hr/week

    $719K (2019) → $0 (2025)

  • David Gary Jacobs

    Executive Director

    New on the 2025 filing

    40 hrs/week

    $159K (2025)

  • Scott Rice

    Executive Director

    New on the 2025 filing

    40 hrs/week

    $132K (2025)

  • Greg Russell

    Vice Chair & Chair

    Director → Director & Vice Chair, 2024

    Director & Vice Chair → Vice Chair & Chair, 2025

    On filings since 2019

    0.1 hrs/week

    No compensation reported

  • Jesse Bond

    Chair & Director

    Director & Vice Chair → Vice Chair & Chair, 2024

    Vice Chair & Chair → Chair & Director, 2025

    On filings since 2019

    0.1 hrs/week

    No compensation reported

  • Dahae Kwon

    Director of Sales & Marketing

    New on the 2025 filing

    20 hrs/week

    $185K (2025)

  • Jim Melhorn

    Director

    On filings since 2019

    0.1 hrs/week

    No compensation reported

  • Mary Wagner

    Director

    Vice Chair & Chair → Chair & Director, 2024

    Chair & Director → Director, 2025

    On filings since 2019

    0.1 hrs/week

    No compensation reported

  • Scott Lumsden

    Director

    Chair → Chair & Director, 2023

    Chair & Director → Director, 2024

    On filings since 2019

    0.1 hrs/week

    No compensation reported

  • Cathy Danigelis

    Director

    On filings since 2020

    0.1 hrs/week

    No compensation reported

  • Lisa Nelson

    Director

    On filings since 2020

    0.1 hrs/week

    No compensation reported

  • Barb Bennett

    Director & Vice Chair

    Director → Director & Vice Chair, 2025

    On filings since 2022

    0.1 hrs/week

    No compensation reported

  • Joy Moore

    Director

    On filings since 2024

    0.1 hrs/week

    No compensation reported

  • Kathi Lentzsch

    Director

    On filings since 2024

    0.1 hrs/week

    No compensation reported

  • Michael Connell

    Treasurer & CFO

    On filings since 2019

    1 hr/week

    $370K (2019) → $0 (2025)

  • Michele Luke

    Secretary

    On filings since 2020

    1 hr/week

    $69K (2020) → $0 (2025)

Former officers (22)
  • Former: Ken Noreen (2023–2024) — Vice President of Ccrc's
  • Former: Harold Knight (2024) — Senior Vice President of Strategy & Partnerships
  • Former: Kimberly Henderson (2024) — Vice President of Finance & Accounting
  • Former: Laurie Sykes (2024) — Vice President of Operations
  • Former: Ted Macbeth (2024) — Vice President Real Estate Development
  • Former: James Bennet (2019–2023) — Health Services Director
  • Former: John Iwanski (2019–2023) — Director
  • Former: Karin Miller (2019–2023) — Director
  • Former: Kimberly Loveall Price (2021–2023) — Vice President of Community Development
  • Former: Stanley Martin (2022–2023) — Corporate Controller
  • Former: Jeffrey Slichta (2023) — Executive Vice President, Housing & Hospitality
  • Former: Paul Aigner (2020–2022) — Vice President of Development
  • Former: Jeffrey Sichta Executive Vice (2022) — President, Housing & Hospitality
  • Former: James Rand PhD (2019–2021) — Director
  • Former: Eve Jakoboski Vp Of People (2021) — Administration
  • Former: Kevin McNamara Regional (2021) — Operations Director
  • Former: Amanda Huppert (2019–2020) — Secretary
  • Former: Kevin McNamara (2019–2020) — Executive Director - Skyline at First Hill
  • Former: Stan Martin (2019–2020) — Corporate Controller
  • Former: Stephen Wright (2019–2020) — Vice President of Sales & Marketing
  • Former: Eve Jakoboski (2019) — Vice President Human Resources & Risk Management
  • Former: Vincent Driano (2019) — Director

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.

Compensation Overview

From 2025 IRS filing

Dahae Kwon — Director of Sales and Marketing: $185KDahae KwonDirector of Sales and Marketing$185KDavid Gary Jacobs — Executive Director: $159KDavid Gary JacobsExecutive Director$159KScott Rice — Exec. Director (Through July 2025): $132KScott RiceExec. Director (Through July…$132K

The highest reported compensation on the 2025 filing was $185K, to Dahae Kwon (Director of Sales and Marketing). 3 officers or directors reported compensation on that filing.

Frequently asked questions about Presbyterian Retirement Communities Northwest

How much does Presbyterian Retirement Communities Northwest give each year?

Presbyterian Retirement Communities Northwest gave $11.8M across 1 grant in 2025, according to its 2025 IRS Form 990. In 2024 it gave $173K across 1 grant.

How large is Presbyterian Retirement Communities Northwest?

Presbyterian Retirement Communities Northwest reported $502.4M in total assets on its 2025 IRS Form 990. Its revenue that year was $97.9M.

What is Presbyterian Retirement Communities Northwest?

Presbyterian Retirement Communities Northwest is a public charity focused on Human Services, based in Bellevue, WA. It holds $502.4M in total assets as of 2025.

Where does Presbyterian Retirement Communities Northwest operate?

Presbyterian Retirement Communities Northwest has awarded grants in Nebraska, Washington.

What is Presbyterian Retirement Communities Northwest's EIN?

Presbyterian Retirement Communities Northwest's EIN (Employer Identification Number) is 91-0666887. 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

  1. Updated Form 990 for fiscal year 2020 (received by the IRS August 16, 2021)
  2. Updated Form 990 for fiscal year 2021 (received by the IRS August 15, 2022)
  3. Updated Form 990 for fiscal year 2022 (received by the IRS August 15, 2023)
  4. Updated Form 990 for fiscal year 2024 (received by the IRS August 15, 2025)
  5. Added Form 990 for fiscal year 2019 (received by the IRS August 13, 2020)
  6. Updated Form 990 for fiscal year 2023 (received by the IRS August 12, 2025)
  7. Added Form 990 for fiscal year 2025 (received by the IRS August 17, 2026)
  8. IRS filings on file for fiscal years 2020–2024

Explore Open Grants

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Similar Funders

Funders with grantees in common, and similar funders in Washington

Transforming Age Foundation

Bellevue, WA

To support presbyterian retirement communities northwest's mission by enhancing the quality of life, vitality and wellness of the aging, their families and team members. The foundation also supports many resident activities and community outreach efforts in the greater seattle area.

Assets

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Total Given

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Transforming Age

Bellevue, WA

To develop and provide strategic direction to, manage the employees of, and otherwise engage in activities to support presbyterian retirement communities northwest ("prcn") and those organizations described in section 501(c)(3) that are related to prcn through common control.

Assets

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Total Given

$3.6M

Moccasin Lake Foundation

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Moccasin Lake Foundation funds education, environmental work, and social services, with most of its giving focused in the Pacific Northwest; service-area rules vary by committee. Its 2025 grants ranged from $1,000 to $750,000, with a median of $14,000. It accepts requests from registered 501(c)(3) organizations through its website.

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Washington Federal Foundation

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Washington Federal Foundation funds community-based nonprofits serving low- and moderate-income people, supporting housing, basic needs, financial literacy, economic development, community revitalization, and job training. Its 2025 grants ranged from $500 to $100,000, with a $3,000 median; applicants should be in communities with WaFd Bank branches, and applications are accepted January 1 through October 31. The foundation says it does not restrict giving to preselected organizations.

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Peter a and Marion W Schwartz Family

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The foundation funds charitable organizations across health, education, community services, arts, and environmental conservation, with most of its 2025 grant dollars going to organizations in New York, Washington, Connecticut, and California. In 2025, it made 57 grants ranging from $3,000 to $300,000, with a median grant of $10,000. It contributes only to preselected organizations and does not accept unsolicited requests.

Philanthropy, Voluntarism & Grantmaking

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Total Given

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Todd and Donna Rosenberg Foundation

North Bend, WA

The foundation’s 2021 grants supported health care, emergency assistance, animal welfare, military service members, and community programs, with most funding going to Washington organizations and a small share to Minnesota. Its 13 grants ranged from $2,500 to $52,000, with a median of $5,000. It accepted no unsolicited requests, and its 2021 filing was marked as its final return.

Philanthropy, Voluntarism & Grantmaking

Assets

—

Grants

13

Total Given

$161K

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The filing figures on this page are open data under CC BY 4.0. About GrantGraph Open

Figures come from Presbyterian Retirement Communities Northwest's IRS filings (methodology). AI-written summaries, news items and logos are not covered by the open licence. Spot an error? Email hello@grantable.co.

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