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    3. Bhi Retirement Communities

    Bhi Retirement Communities

    ActivePublic CharityHousing & Shelter
    INDIANAPOLIS, INEIN: 26-02629031 filings on record
    See If You're a Fit — Free

    About Bhi Retirement Communities

    BHI Retirement Communities Inc directs its philanthropy almost exclusively to nonprofit retirement living and eldercare providers, making large, targeted grants to support senior living campuses and their programs. The foundation’s giving appears focused on capital, operational, or endowment support for established retirement community foundations rather than broad-based charitable causes. Grants are concentrated and regionally targeted to organizations that operate or support continuing care retirement communities.

    Focus Areas

    Capital and endowment support for nonprofit retirement communities (e.g., campus improvements, expansion)Operational and program support for continuing care retirement communities and senior servicesRegional Midwest retirement community foundations and campus-based eldercare organizations

    Who They Fund

    older adults / seniorsresidents of retirement communitiesolder adults needing secure or assisted living environmentsreligiously or spiritually-engaged seniors

    Giving Approach

    Financial Snapshot

    Annual Giving

    $3.2M

    Total Assets

    $107.1M

    Total Revenue

    $5.8M

    Total Expenses

    $11.7M

    Typical Grant Size

    Most grants fall between $900K and $2.3M, with a median of $1.6M.

    25th Percentile

    $900K

    Median

    $1.6M

    75th Percentile

    $2.3M

    Geographic Reach

    Regional2 states funded

    About 0% of grants go to recipients in MI.

    Funding intensity
    Low
    High
    Headquarters

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    Free account · instant fit score · similar funders

    Highly concentrated giving with very large, infrequent grants to a small number of core retirement-community foundations rather than many small awards; appears to fund established organizations and capital/long-term needs.

    Funding Style

    direct service / on-site program supportfacility operations and maintenanceperson-centered care fundingspiritual/pastoral program support

    Notable grantees: Maple Knoll Foundation, Clark Retirement Community Foundation

    Topics

    eldercare and senior livingassisted living and long-term residential careindependence-promoting services for older adultsquality-of-life enrichment programming for seniorsspiritual and personal development programming for elders
    Latest 990 Filing

    2023

    Source: IRS Form 990-PF, fiscal year 2023.

    Recent Grants

    Most recent grants reported to the IRS.

    RecipientLocationAmountYearPurpose
    MAPLE KNOLL FOUNDATIONCINCINNATI, OH$3,000,0002023GENERAL SUPPORT
    CLARK RETIREMENT COMMUNITY FOUNDATIONGRAND RAPIDS, MI$200,0002023GENERAL SUPPORT

    MAPLE KNOLL FOUNDATION

    $3,000,000
    CINCINNATI, OH2023

    GENERAL SUPPORT

    CLARK RETIREMENT COMMUNITY FOUNDATION

    $200,000
    GRAND RAPIDS, MI2023

    GENERAL SUPPORT