The Edgar L Rhodes Perpetual Fund concentrates its giving on a small number of sizeable, unrestricted gifts primarily to higher education and mission-driven institutions in New England. Grants are largely general operating support and have been repeatedly directed to the same beneficiaries, suggesting long-term relationships rather than one-off project funding. Although based in Dallas, the foundation’s dollar volume is focused on a few out-of-state organizations with religious and healthcare ties.
Concentrated giving: few, relatively large unrestricted grants; repeat funding to the same core grantees rather than many small, diverse recipients.
Notable grantees: Gordon College (including grants directed to Jamie Hokanson), New England Baptist Hospital, Other B-coded colleges/education nonprofits (small number of additional recipients)
A repeated pattern defines the Edgar L Rhodes Perpetual Fund: it has made multiple unrestricted grants to Gordon College across 2023, 2024, and 2025, including a $51,688 award in 2023 and a $25,136 award in 2025. That long-running support points to a funder that favors steady relationships over one-time awards. The foundation’s recent giving also reaches New England Baptist Hospital, another recipient that appears more than once in the grant list, reinforcing a narrow circle of beneficiaries. Across the available records, the fund concentrates on unrestricted general support for institutions rather than project-specific programs. Its recent grantees sit in Massachusetts, even though the fund is headquartered in Dallas. The pattern suggests a small number of recurring institutional relationships, with grantmaking tied to higher education and faith-affiliated healthcare in New England.
In Christian liberal arts higher education, the Edgar L Rhodes Perpetual Fund supported Gordon College with unrestricted general support in 2023, 2024, and 2025. The 2023 award was $51,688, followed by $19,469 in 2024 and $25,136 in 2025. That mix of years and amounts shows continuing institutional support rather than a single project grant. The fund also backed healthcare institutions with unrestricted general support, including New England Baptist Hospital in 2023, 2024, and 2025. Across both categories, the grant language stays broad, pointing to flexible operating support. The named recipients in the recent grants list are all mission-driven institutions, and the funding appears to be aligned with long-term organizational needs.
The fund’s typical grant size sits in a middle range, with a p25 of $7,944, a median of $16,196, and a p75 of $23,719. Recent awards cluster around a small set of recurring recipients rather than one-off beneficiaries: Gordon College and New England Baptist Hospital each appear in multiple years. The grant language is consistently unrestricted and general, indicating flexible support. The foundation is structured as a perpetual fund, not a vehicle for individual giving or program-related investments.
$120K
$618K
$51K
$44K
Most grants fall between $8K and $24K, with a median of $16K.
25th Percentile
$8K
Median
$16K
75th Percentile
$24K
About 0% of grants go to recipients in MA.
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Grantmaking is regionally focused and lands entirely in the United States in the available records. Massachusetts is the top state by grant count, with grants to Wenham and Roxbury Crossing. Recipients in Wenham include Gordon College, while New England Baptist Hospital appears in Roxbury Crossing, showing a strong New England concentration. No grants in the recent list go to recipients in Texas, despite the foundation’s Dallas headquarters.
The fund supports Christian liberal arts higher education and specialty hospital or faith-affiliated healthcare institutions in New England. Recent grants went to Gordon College in Wenham, Massachusetts, and New England Baptist Hospital in Roxbury Crossing, Massachusetts, with unrestricted general support language in both cases.
The recent grant list uses unrestricted language throughout. Awards to Gordon College and New England Baptist Hospital are described as unrestricted general support, which points to flexible operating support rather than project-specific funding.
The recent records show recurring awards to the same institutions across multiple years. Gordon College appears in 2023, 2024, and 2025, and New England Baptist Hospital also appears in each of those years.
Typical grant size is modest but meaningful: the p25 is $7,944, the median is $16,196, and the p75 is $23,719. Recent awards range from $4,867 to $51,688.
2025
Source: IRS Form 990-PF, fiscal year 2025.
Most recent grants reported to the IRS.
| Recipient | Location | Amount | Year | Purpose |
|---|---|---|---|---|
| GORDON COLLEGE | WENHAM, MA | $25,136 | 2025 | UNRESTRICTED GENERAL |
| NEW ENGLAND BAPTIST HOSPITAL | ROXBURY CROSSING, MA | $6,284 | 2025 | UNRESTRICTED GENERAL |
| GORDON COLLEGE ATTN JAMIE HOKANSON | WENHAM, MA | $19,469 | 2024 | UNRESTRICTED GENRAL SUPPORT |
| NEW ENGLAND BAPTIST HOSPITAL | ROXBURY XING, MA | $4,867 | 2024 | UNRESTRICTED GENERAL |
| GORDON COLLEGE ATTN JAMIE HOKANSON | WENHAM, MA | $51,688 | 2023 | UNRESTRICTED GENRAL SUPPORT |
| NEW ENGLAND BAPTIST HOSPITAL | ROXBURY XING, MA | $12,922 | 2023 | UNRESTRICTED GENERAL |
GORDON COLLEGE
$25,136UNRESTRICTED GENERAL
NEW ENGLAND BAPTIST HOSPITAL
$6,284UNRESTRICTED GENERAL
GORDON COLLEGE ATTN JAMIE HOKANSON
$19,469UNRESTRICTED GENRAL SUPPORT
NEW ENGLAND BAPTIST HOSPITAL
$4,867UNRESTRICTED GENERAL
GORDON COLLEGE ATTN JAMIE HOKANSON
$51,688UNRESTRICTED GENRAL SUPPORT
NEW ENGLAND BAPTIST HOSPITAL
$12,922UNRESTRICTED GENERAL