Endowment / Foundation

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Jewish Home

Jewish Home was founded in 1920 as a faith-based, non-profit elder-care institution in Rochester, New York. The organization operates under the parent entity...

Jewish Home logo

Jewish Home

Jewish Home was founded in 1920 as a faith-based, non-profit elder-care institution in Rochester, New York. The organization operates under the parent entity Jewish Senior Life, with Michael S. King serving as President and CEO of both the operating foundation and its holding company. Unlike a grantmaking foundation, Jewish Home's assets are deployed to directly sustain a continuum of residential and care services for older adults, including independent living, assisted living, skilled nursing, and community-based programs. The organization's deployment is concentrated in direct real estate holdings on its Rochester campus. The portfolio spans six named facilities: the main Jewish Home campus at 2021 Winton Road South, The Summit at Brighton, Wolk Manor, The Lodge at Wolk Manor, Green House Cottages, and Marian's House. These properties function both as mission-aligned operating assets and as the foundation's primary store of value. The Green House Cottages reflect a specific model of small-scale, deinstitutionalized skilled nursing that the foundation adopted as part of a national movement. Jewish Home does not operate as a diversified institutional investor — it allocates capital almost entirely within its own service-delivery footprint in Western New York. Governance sits with a local board chaired by Alan Kinel, and a separate foundation board chaired by Richard L. Goldstein oversees philanthropic fundraising through the Jewish Senior Life Foundation. Michael King also holds board seats at LeadingAge NY and the Association of Jewish Aging Services, embedding the organization within national industry networks that shape policy and operating standards for non-profit senior care. The foundation has not disclosed a professional investment staff, consistent with a model where the CEO and board directly steward the real estate and modest financial reserves. What distinguishes Jewish Home structurally is its identity as an operating foundation with zero separation between asset ownership and service delivery. The foundation does not make grants, invest in third-party funds, or pursue financial returns independent of its mission. Its balance sheet is its bed count. This makes it legible to an institutional allocator not as a funder but as an owner-operator of care infrastructure — a model more common among religiously affiliated senior-living networks than in the broader endowment universe.

General information

Firm type

Endowment / Foundation

Year founded

1920

Location

Region

North America

Country

United States

City

Rochester

Corporate office

2021 Winton Road South, Rochester, NY 14618, United States

Principals

Michael S. King

President and CEO

Alan Kinel

Board Chair

Richard L. Goldstein

Chair, Jewish Home Foundation Board

Sector focus

Healthcare ServicesReal Estate

Frequently asked questions

Who runs investment decisions at Jewish Home?

President and CEO Michael King, in conjunction with the board, stewards the organization's assets. There is no separate CIO or investment committee disclosed. The asset base is primarily the foundation's own real estate, so capital-allocation decisions are effectively facility-expansion and property-maintenance decisions made by senior leadership.

Does Jewish Home operate as a grantmaking foundation?

No. Jewish Home is an operating foundation. Its assets — principally six residential and care properties on its Rochester campus — are deployed directly to deliver elder-care services rather than distributed as grants to external organizations.

Is Jewish Home a single-family office or a multi-family office?

Neither. Jewish Home is a non-profit operating foundation and endowment in the senior-care sector. It does not manage wealth for any family, even though its name references the communal origin of its founding.

What is the relationship between Jewish Home and Jewish Senior Life?

Jewish Senior Life is the parent holding company for the Rochester network that includes Jewish Home. Michael King serves as CEO of both entities, and the foundation board chair also oversees the Jewish Senior Life Foundation, which handles philanthropic fundraising separate from the operating assets.

Does Jewish Home invest in external funds or third-party managers?

No evidence suggests that Jewish Home allocates capital to external funds, venture capital, private equity, or public securities in a meaningful way. Its financial resources appear tied almost entirely to its owned real estate and operating programs, consistent with an operating foundation model.

What investment stages or sectors does Jewish Home target?

The foundation does not target investment stages in the traditional sense. Its capital is deployed in senior-living real estate and care services — independent living, assisted living, skilled nursing, and community-based elder care — all within the Rochester, New York market.

Where does Jewish Home's funding come from?

Jewish Home sustains itself through a mix of resident fees, government reimbursements for skilled nursing and long-term care, and philanthropic contributions raised by the affiliated Jewish Senior Life Foundation. It does not draw on a single family's wealth or a traditional endowment payout.

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