In 1916, the Grand Lodge of Indiana and Indiana Grand Chapter Order of the Eastern Star opened the Indiana Masonic Home (IMH) in Franklin, Indiana to provide a home for needy Masons, widows, and orphans. In 2016, we celebrate the 100th Anniversary of Compass Park, our Masonic Retirement Community.The Indiana Masonic Home and Indiana Masonic Home Foundation in a Nutshell
Things have changed over the years. Some residents now pay all of their living costs in independent living homes and apartments; the assisted living center; and the medical center.
IMH is a Continuing Care Retirement Community, classified by the IRS as a 501(c)(3) organization. As residents’ needs change, Compass Park is able to accommodate those changing needs through the following housing opportunities:
- Garden Homes, Cottages, and Duplexes
- Freemason Apartments
- Ball Brothers Apartments
- Main Building Apartments
- One bedroom Apartments
- Memory Care
- Intermediate Memory Care
- Skilled Nursing Care
- Short-Term Rehabilitation
Compass Park has approximately 350 residents and over 200 dedicated, caring employees.
What has not changed over the years is the charitable aspect of the Home. More than 40% of the residents have outlived their resources, and the Fraternity still provides them a terrific place to live. That is where the Indiana Masonic Home Foundation comes in.
The Indiana Masonic Home Foundation (IMHF) was incorporated in 1936 to provide long-term financial assistance to the Indiana Masonic Home. As of January 1, 2016, the Foundation has provided approximately $71.4 million to the operating budget of the Masonic Home since 1980. The distribution during the 2015-2016 fiscal year will total $3,981,389. The Foundation’s financial support to the Home is used to care for those in the Masonic family who are unable to financially care for themselves and to support projects that benefit the entire campus.
- Is governed by a 12-member Board of Directors, all Freemasons, which meets quarterly.
- Engages in public and promotional activities to increase awareness of the Home and increase the assets of the Foundation.
- Manages the Ambassador program.
- Conducts multi-faceted fundraising:
- Annual giving
- Major giving
- Planned giving
- Presents programs to Lodges, Eastern Star Chapters, and other Masonic bodies, as well as civic groups
- Supervises and executes capital campaigns
In addition to our normal operating distribution, the Foundation provided a $3 million distribution to the Masonic Home during the year ended March 31, 2012, to fund the former defined-benefit retirement plan and end the adverse impact of the plan on the Home’s operating budget. In 2010-2011 the Foundation contributed $2 million for construction of the state-of-the-art Assisted Living Center. More recently the Foundation provided $7.8 million to make it possible for Compass Park to open the much needed Community Center that will result in happier and healthier residents and make associated improvements. Because of Foundation support, our Masonic Retirement Community now uses public water, and a new grand entrance on State Street welcomes visitors and residents alike to our Community.
The total IMHF contribution to special projects since 1980 is $13.7 million, and the total support – operating and special projects – provided to Compass Park is $85.1 million.
In January 2016, Compass Park will begin remodeling the original, 100-year-old Indiana Masonic Home building. The Indiana Masonic Home Foundation has committed $6.7 million to pay for improvements needed to serve residents of Compass Park during its second 100 years of serving the Family of
The Foundation also provides $46,000 annually for the publication of The Indiana Freemason.
Some people say, “The Foundation gives several million dollars a year to the Indiana Masonic Home. How can my donation make a difference?” Every dollar counts. In fact the Indiana Masonic Home only opened because Nettie Ransford, Past Grand Matron of the Order of Eastern Star established a penny collection and raised $32,000 to start construction. Every donation, large or small, means a lot.
A number of gift giving opportunities are possible –
- Outright gifts by cash, check or credit card (gold cards memorials, gifts in honor of someone).
- Gifts of life insurance and stocks.
- Bequests in a will or trust.
- Charitable gift annuities and charitable trusts.
- Vehicle donations.
- Brick donations.
Gifts to the Foundation are tax-deductible as described in Section 501(c)3 of the Internal Revenue Code.
Please give generously.