About Presbyterian Homes Housing & Assisted Living
The foundation primarily funds Presbyterian-affiliated senior housing, assisted living and long-term care providers, making large unrestricted grants to support day-to-day operations and facility stability. Giving is concentrated in Minnesota and the Upper Midwest and flows repeatedly to a network of related PHS/PW organizations and individual care campuses. Most awards are unrestricted/general operations support rather than project-specific funding, indicating a focus on sustaining ongoing residential elder care services. The foundation favors institutional grantees (care centers, senior housing nonprofits) over small community programs or national advocacy groups.
Focus Areas
Presbyterian-affiliated senior housing and campus operations (PHS/PW system entities)Skilled nursing and long-term care facility operational supportAffordable and independent senior housing development and management in the Upper MidwestStabilization funding for continuing care retirement communities (CCRCs) and assisted living campuses
Giving Approach
Concentrated, high-dollar grants to a small set of repeat, affiliated grantees; predominantly unrestricted/general-operations support for campus-level providers rather than many small or one-off awards.
Funding Style
About Presbyterian Homes Housing & Assisted Living
Presbyterian Homes Housing & Assisted Living Inc directs large operating grants to Presbyterian-affiliated senior housing, assisted living, and long-term care providers. The pattern is clear in its recent awards: seven-figure support repeatedly flows to care centers and campus entities tied to the same organizational network, with grants framed to support general operations rather than discrete projects. That approach points to a funder focused on keeping residential elder-care sites stable and functioning over time. Recent grants show the scale of that commitment. Castle Ridge Care Center Inc received $4,950,791 in 2023 for general operations, while Phs Council Bluffs Inc received $3,717,641 in 2023 and another $3,700,000 in 2024 for the same purpose. Presbyterian Homes Care Centers Inc also appears among the larger recipients, along with Phs Walnut Ridge LLC, Phs Maranatha Inc, and other affiliated housing and care organizations. The recipient list is dominated by institutional grantees rather than small community groups, and the awards are consistently directed to organizations connected with senior living, skilled nursing, and continuing care campuses.
What Presbyterian Homes Housing & Assisted Living Funds
A central part of the portfolio is operational support for Presbyterian-affiliated care campuses. Presbyterian Homes Care Centers Inc received $2,230,000 in 2023 and $950,000 in 2024, both for general operations, showing sustained backing for system-level care delivery. The foundation also supports senior housing entities that manage residential communities. Wayzata Bay Senior Housing Inc received $450,000 in 2023, and Shoreview Senior Residence received $149,999 in 2025, each marked for general operations. Skilled nursing and long-term care are another clear theme. Castle Ridge Care Center Inc received $500,000 in 2024 after a much larger 2023 award, both for operations, while Hudson Senior Housing Inc received $210,000 in 2023 for the same purpose. Several awards go to affiliated entities serving specific campuses, including Phs Cottage Grove Inc and Phw Germantown Inc, which both received operating support across multiple years.
How Presbyterian Homes Housing & Assisted Living Gives
The typical grant size is large: the 25th percentile is $350,000, the median is $657,500, and the 75th percentile is $1,287,500. Recent awards show repeated support to the same recipients across multiple years, including Phs Council Bluffs Inc, Phs Walnut Ridge LLC, Phs Maranatha Inc, and Presbyterian Homes Care Centers Inc. That repeat pattern suggests ongoing operating support rather than one-time project grants. The foundation also makes program-related investments and is led by Jonathan Fletcher. The recent grants data shows a local grantmaking footprint, with awards issued in Minnesota.
Financial Snapshot
Annual Giving
$7.6M
Total Assets
$525.8M
Total Revenue
$107.5M
Total Expenses
$92M
Typical Grant Size
Most grants fall between $350K and $1.3M, with a median of $658K.
25th Percentile
$350K
Median
$658K
75th Percentile
$1.3M
Geographic Reach
Local2 states funded
Funding intensity
LowHigh
Headquarters
Leadership
JONATHAN FLETCHER
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