Reb Eliyohu Reichman was a man with a deeply ingrained appreciation for Torah and all those who learned Torah. In Canada, the United States and in Israel, he and his family had a major share in establishing Torah true educational institutions. His support of Yeshivos and Talmidei Chachamim and his participation in communal affairs made him a real leader and philanthropist. R' Eliyohu loved Klal Yisroel like he loved his own family - immensely.
Beis Eliyohu was founded shortly after his petira in 5765, in a fitting tribute to a great man.