About Residence at Franklin Park
Create healthy Christian communities that empower older adults, families and people with disabilities. Provide choices for housing, services and technology that enrich body, mind and spirit.
Focus Areas
Senior livingHealthcareHome care servicesDisability supportive servicesNursing education scholarshipsMemorial and tribute donations
Who They Fund
older adults / seniorsolder adults living with memory impairmentolder adults needing post-acute rehabilitationhomebound seniors requiring in-home support
Funding Style
direct serviceprogrammatic support
About Residence at Franklin Park
Residence at Franklin Park Inc’s latest filing shows a single 2024 grant of $8,961,090 to American Baptist Homes of the Midwest in Eden Prairie, Minnesota, earmarked to support operations. That scale, paired with a one-grant profile, suggests a funder that channels its giving through a concentrated operating relationship rather than a wide portfolio of small awards. The foundation’s stated purpose is to create healthy Christian communities that empower older adults, families, and people with disabilities through housing, services, and technology that enrich body, mind, and spirit. Its focus areas include senior living, healthcare, home care services, disability supportive services, nursing education scholarships, and memorial and tribute donations. In practice, that means the foundation’s identity is tied to care settings and support systems for older adults and people with disabilities, with an emphasis on person-centered service. The named scholarship program also points to an internal workforce-development dimension, linking the organization’s mission to nursing education for employees.
What Residence at Franklin Park Funds
The foundation’s stated work centers on senior living and related care services. One recent operating grant went to American Baptist Homes of the Midwest for support of operations, placing core resources behind the organization behind its service model. Its mission language also includes housing, services, and technology that enrich body, mind, and spirit for older adults, families, and people with disabilities. Another active program is the Harold W. Kleinpaste Endowed Nursing Scholarship, which provides financial assistance to current American Baptist Homes of the Midwest employees pursuing nursing education. That connects the foundation’s giving to workforce development as well as direct care. The listed topic taxonomy also includes assisted living, memory care, skilled nursing, rehabilitation services, and in-home care, showing a care continuum rather than a single-service focus.
How Residence at Franklin Park Gives
The 2024 grant-size distribution is undiversified: p25, median, and p75 are all $8,961,090, indicating a single grant at that amount. The available record also shows a local giving pattern, with 100% of grants going to recipients in Minnesota. The foundation’s active scholarship program is endowed and limited to current American Baptist Homes of the Midwest employees, and it does not accept unsolicited applications. The record points to a closely held, mission-linked grant structure rather than open competitive funding.
Financial Snapshot
Annual Giving
$9M
Total Assets
$4.3M
Total Revenue
-$1M
Total Expenses
$9M
Typical Grant Size
Most grants fall between $9M and $9M, with a median of $9M.
25th Percentile
$9M
Median
$9M
75th Percentile
$9M
Geographic Reach
Local1 state funded
About 100% of grants go to recipients in MN.
Funding intensity
LowHigh
Headquarters
Leadership
ANNETTE GREELY
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