— Lisa Marsh Ryerson, AARP Foundation President
When COVID-19 hit, older adults who were already at risk experienced further hardship. During the pandemic, millions struggled financially as they lost jobs or income. Many worried they might lose their homes. And many more struggled to put food on the table. The financial struggle was only matched by the life-threatening isolation so many older adults faced either at home or in long-term care settings.
In this pandemic, we may be in the same storm, but we are not all in the same boat.
Yet just as surely as the winter yields to spring, there is much cause for hope. Even as the pandemic devastated our economy, our fundraising efforts flourished, with many new funders and stalwart supporters recognizing the tremendous need of the most vulnerable older adults. Many of our fundraising programs had their most successful year ever. With the generous and unwavering support of our donors, and the tenacity and commitment of our volunteers and staff, AARP Foundation found ways to give older adults living on the precipice a fighting chance not just to survive — but to thrive.
While our programs were paused for the safety of participants and volunteers, we nevertheless served nearly 3 million people, continuing to help them earn income, train for good jobs, avoid food insecurity, secure well-deserved pension benefits and tax refunds — more than $1 billion — prevent social isolation and gain access to justice.
Our response to the coronavirus pandemic is proof that AARP Foundation will be there during a crisis, but the real focus of our work is changing the circumstances that make people vulnerable in the first place. To provide the knowledge, tools and support that struggling seniors need to build their way to a happier, more hopeful life. The life they deserve.
AARP Foundation was only able to achieve so much because of your generosity, your belief in our mission and in our work. I could not be more thankful for your support this year. We could not have done it without you.
With gratitude,
Lisa
A deadly pandemic. An economy in distress. Crippling loneliness and isolation. Any one of these would be a hardship for vulnerable older adults. Together, they unleashed a once-in-a-lifetime catastrophe.
In 2020, AARP Foundation was there to meet that catastrophe, with adaptation and innovation driving our response. We kept existing programs up and running by adapting our services to the requirements of physical distancing. We rapidly developed new services to meet the most pressing needs of struggling older adults. And we bolstered organizations providing vital help in local communities across the country.
Throughout this year like no other, we were there for older adults in need, no matter what. And we always will be.
Meeting critical needs has always been a fundamental component of AARP Foundation's work to help vulnerable older adults. In the earliest days of the pandemic, the most urgent need many seniors faced was simply putting food on the table. Thanks to the generous help of supporters and organizations like United Health Foundation, we were able to deliver boxes of non-perishable food items to older adults in acute need from April through August. By the end of the program we had delivered, completely free of charge, more than 3.4 million meals to 48 states, D.C. and Puerto Rico.
The pandemic certainly threw a wrench in the works of AARP Foundation Tax-Aide's normal operations: Most of the more than 5,000 sites nationwide were unable to provide the usual in-person support that Tax-Aide users have come to rely on over the last 50 years. But the Tax-Aide team and its 36,000+ IRS-certified volunteers are nothing if not resourceful, and they soon found new ways to serve their clients — ways that promise to extend Tax-Aide's reach in the years to come.
In-Person
Taxes were prepared and filed by tax counselors — but with strict physical distancing measures in place.
Low-Contact
Taxpayers met briefly with tax counselors to exchange documents in person.
Contact-Free
Taxpayers met with tax counselors online or by phone and exchanged documents electronically.
Self-Preparation
With free access to software and coaching from a tax counselor via computer screen-sharing, taxpayers could prepare their own taxes.
Since 2013, BACK TO WORK 50+ has been doing just what its name says: putting people over 50 back to work. Moving online was fairly easy for the program, which replaced in-person workshops with virtual ones and adjusted instructions to reflect the challenges and opportunities of finding work during a time of physical distancing. As Jacquie Johnson's story below makes clear, the relationships participants form with BTW50+ coaches are the very heart of the program, and online tools helped keep those relationships strong.
Jacquie Johnson, 54, lost her job by choice — the kind of choice most of us wouldn't hesitate to make. When it came to getting back to work, she made another choice she won't ever regret.
Jacquie was working as a supervisor of environmental services at a major hospital in Indiana when she made the difficult decision to resign her position so she could help take care of her ailing mother in Oklahoma, who had chronic kidney failure and had developed dementia.
Having previously experienced a layoff, Jacquie had learned to put money aside for an emergency, and this certainly qualified. Her personal savings, she says, “not only allowed me to eliminate the stress of relocating, but also allowed my mother to not feel guilty about me leaving Chicago to come and take care of her.”
Jacquie was away from her home, relying on savings and family support for almost a year and a half, until her mother died. Then it was back to her home in Chicago in early 2020, and the search for a new job began.
It was tough going, even in the days before COVID. She tried to find work on her own but couldn't get any interviews. While attending a program that offered computer classes, she heard about a program being offered by AARP Foundation through the Chicago Cook Workforce Partnership: BACK TO WORK 50+.
They got me back to myself.”
— Jacquie Johnson, BACK TO WORK 50+ participant
She signed up for a BTW50+ workshop but wasn't hopeful, figuring, “I'm just a number to them.” Then she met Sherri Chrisman, a job search coach, who “changed my perspective on the whole program.”
She learned to “embrace the little things”: fine-tuning her résumé, becoming more active on LinkedIn, doing mock interviews, networking. “All those little things helped propel me to where I am now,” she says.
She was able to connect with a temp agency, something she counted on only as a stopgap. But Jacquie puts her all into everything she does, so she got offered an assignment fairly quickly. Still she was discouraged: She didn't like the work at all, and was ready to give up on the temp agency altogether. That's where Sherri really proved her value; she pushed Jacquie to stick with it and said, “You don't know what doors it might open.”
After that, Jacquie got an assignment as an administrative assistant with a psychiatry practice, right downtown in Chicago. She liked the people, and everything was going well. Then, less than three weeks after she started, COVID struck, and Jacquie figured her luck had run out again. But her professionalism was shining through, and the practice decided to set her up to work at home. She hadn't felt that valued since she'd been caring for her mom.
Still, the job was a temporary one. When she got offered a permanent position elsewhere, she felt she couldn't turn it down, even though she felt very much at home with the psychiatry practice.
So she told the practice she was leaving. They begged her to stay: “What do you want?” They liked her so much that they offered her a permanent position. “I'd never had an opportunity to choose where I wanted to work,” says Jacquie. And Sherri was right there to guide her, helping her weigh the pros and cons of each job. Her good feelings about the psychiatry practice sealed the deal, and she accepted their offer.
Jacquie credits both Sherri and another career coach at the Workforce Partnership for helping her focus on what really mattered. “They got me back to myself,” she says.
For 25 years, AARP Foundation Experience Corps has helped older adults stay connected to their communities as volunteer reading tutors. But when COVID-19 brought in-school tutoring to an abrupt halt and put our volunteers at risk of isolation, we shifted gears and went online. Our successful tutoring model stayed the same; only the way it was delivered changed.
Going virtual enabled our dedicated volunteers to continue making a difference from the safety of home. It opened the door for us to train them on digital tools they'd never used before. And it created opportunities for volunteers who hadn't been able to tutor in person.
In a way, the AARP Foundation Property Tax-Aide program was custom-built to serve its clients in the virtual sphere. The program relies on an innovative online fintech tool that simplifies the process of applying for property tax refunds and credits. During its first year, in 2019, the program involved trained volunteers meeting with clients to walk them through the process. The pivot was seamless, with volunteers using an online screener and application wizard to help more than 4,200 older homeowners — and renters — find and receive the property tax savings they were eligible for.
When we began using the virtual Property Tax-Aide tool in July, we found our participants were very relieved. We heard comments like, ‘I was afraid that I would lose my house because I didn't have the money to pay my taxes.'
… it was a very pleasant feeling to be able to relieve these worries.
One woman I helped told me she was recovering from COVID-19 and had no energy to deal with it and was
thankful I could take care of it for her.
Participants were very concerned with the pandemic…
but it was heartwarming
to have callbacks and check-ins to say they received a check that helped when our state was shut down.
Many of my clients had average refunds in the
$1,200 to $1,500 range,
so it was a significant amount of money to them. Overall, very thankful for the AARP Foundation service.
As the pandemic raged, and it became clear that a return to “normal” was a long way off, we took the Work for Yourself@50+ workshop online — offering coaching and support to aspiring older entrepreneurs while still ensuring their safety and that of our partners. Work for Yourself@50+ served more than 17,000 adults last year, nearly doubling the program's impact since its inception in 2016. Also in 2020, we launched freelance programming that has served almost 3,000 people since last fall.
Older entrepreneurs like Andrew Ziccardi, 58, are brimming with ideas and motivation. Often, though, they need help getting their ideas off the ground.
For Andrew, that help came in the form of AARP Foundation's free Work for Yourself@50+ workshop at Northeastern Illinois University. The workshop centers on the Five Simple Steps to Get You Started toolkit, which includes detailed lesson plans and worksheets. Participants gain free tools, resources and guidance, as well as connections to peers and to additional program support.
Andrew says the workshop emphasized the importance of doing extensive market research for the product he developed: the Ergo Cap, a small tool that fits over standard bottle caps and enables people with hand-strength issues to open water bottles with ease. He also learned how to refine his business model and develop a full-fledged business plan.
Once the self-described “go-getter” has enough funding in place for mass production, the Ergo Cap will be available for less than $2 a piece — including a version with a keyring hole. Until then, he'll keep refining and improving his product.
“I will pursue this to where I'm successful enough to pass it on to my children, sell the company, or be semi-retired and work on other projects,” he says. “That's my dream.”
One of the many things we missed in 2020 was our signature Meal Pack Challenge, held on the National Mall every September 11. Although we couldn't gather in person, that didn't stop us from providing meals for our older neighbors in the Washington metropolitan area. With the generous support of donors and our sponsors UnitedHealthcare and The Hartford, we launched our first “pack-from-home” Meal Pack Challenge. Thousands of volunteers purchased food, packed the food in AARP Foundation-provided boxes, and shipped the boxes directly to the Capital Area Food Bank.
More than 7,300 volunteers from all 50 states, D.C. and Puerto Rico participated in the pack-from-home Meal Pack Challenge.
Volunteers ordered boxes from AARP Foundation and went shopping from a list of approved non-perishable nutritious foods — and then generously contributed about $20 in purchased items to fill each box.
Packing from home meant the whole family could easily take part in this worthwhile volunteer activity to help feed hungry seniors in the Washington metropolitan area.
It's a great way to stay safe and still make a difference!” — Meal Pack volunteer
The pack-from-home Meal Pack Challenge yielded more than 1 million servings of food for older adults throughout the D.C. region.
We have been able to distribute well over 100,000 lbs. of healthy foods to our partners in one month all thanks to AARP Foundation!”
— Capital Area Food Bank
A prepaid label ensured that packed boxes would be delivered directly to the Capital Area Food Bank. The generosity of AARP Foundation donors and sponsors made the Meal Pack Challenge possible.
Challenge completed! In these uncertain times I wanted to provide food for those who were most in need. [AARP Foundation] made it so simple this year to participate in their annual meal packing challenge.”
— Facebook comment from a volunteer
Family was thrilled to continue our #mealpackchallenge for @AARPFoundation tradition this weekend by packing boxes of food to be sent to @capitalareafoodbank. It was like Tetris to get everything to fit!
— Volunteer on Twitter
AARP Foundation SCSEP (Senior Community Service Employment Program) offers low-income unemployed adults over 55 work-based training and skill-building opportunities in a variety of community service organizations and public agencies (known as “host agencies”). Program participants earn a modest income, and their SCSEP experience often leads to full-time employment. When the pandemic struck, host agencies shut down — but AARP Foundation SCSEP continued to provide paychecks until participants were able to return, in person or remotely.
When the coronavirus pandemic struck in March 2020, Maritza Lopez got on the phone. As project director for AARP Foundation SCSEP in Miami, she had to call all SCSEP participants in her region and tell them their host agencies would be closing immediately, in accordance with Miami-Dade County's COVID-19 state of emergency.
One host agency told Maritza that the only SCSEP participant who trained there, Jose, had already left. At the time, no one mentioned that the 69-year-old man was very ill.
“Two days later, when I finally got to talk to him, he was unintelligible,” Maritza says. “He could hardly speak and was having trouble breathing.” Jose had called his doctor and been tested for the coronavirus, but he hadn't received the results.
Maritza learned that Jose had no family or friends nearby. He had minimal food in the house and was too ill to go out and purchase it. He needed help, and he needed it right away.
As soon as she got off the phone with Jose, Maritza reached out to food pantries, Meals on Wheels and local churches. Eventually, she connected with the Miami-Dade County 311 Contact Center, the main resource for county services. Once she explained the situation, stressing its urgency, she was able to register Jose for county meal services. He began receiving meals that same day, with a week's worth of food delivered to his home every Sunday.
“He was so grateful that he was crying on the phone,” says Maritza. Once he had enough food, Jose's health improved. His coronavirus test came back negative, and he soon returned to SCSEP to train remotely. Although his food delivery ended in October, his much-improved health meant he could go out and purchase his own food.
His only request was that Maritza continue to call him daily so he wouldn't feel scared and alone. She agreed — and continues to call him even now.
“When you hear in their voices the despair, fear and sadness, it's worth fighting for this cause,” Maritza says. “Although it is a sad situation, we are here to face it together as a team, with full dedication, love and compassion.”
When you hear in their voices the despair, fear and sadness, it's worth fighting for this cause.”
— Maritza Lopez
Project Director,
AARP Foundation SCSEP Miami
AARP Foundation's grantmaking supports sustainable, real-world solutions to the challenges facing vulnerable older adults. The pandemic exacerbated those challenges, dramatically increasing the demand for critical services provided by our grantees.
Our grantmaking in 2020 focused largely on organizations providing food assistance and support for social connection. That focus swung to disaster relief when multiple hurricanes and wildfires struck in the fall. All told, we distributed $9.93 million in grants to 71 organizations working to lift up older adults and their communities.
As physical distancing became the norm last year, millions of people embraced digital tools as the safest way to perform everyday tasks like banking and grocery shopping. Older adults unfamiliar with how to use these tools were able to turn to AARP Foundation, which collaborated with Chase to develop a library of free online resources designed to help people stay connected and strengthen their financial health.
The pandemic gave rise to more than one crisis, among them a surge in evictions and foreclosures. Even with safeguards in place, older adults who fell behind on mortgage or rent payments faced the prospect of losing their homes once those safeguards expired.
Our Here to Stay: Home Upkeep for All™ team saw the need for a central location for resources that could help people stay in their homes. The Rent and Mortgage Assistance Resource Center launched in late 2020, offering guides, links and crucial information on where to turn for help.
Even before the COVID-19 outbreak, nearly 1 in 4 older adults were affected by social isolation. For many older adults in 2020, guarding against the virus meant months and months of seeing loved ones only through a window or a video screen — escalating the problem of social isolation to epidemic proportions.
It's the kind of challenge Connect2Affect was made for, and AARP Foundation met the moment with an array of tools designed to help people stay healthy and connected during the pandemic.
To help reduce isolation during the pandemic, we revamped Connect2Affect.org to serve as a “front door” to an organized, integrated system of supports and programs that make it easier for older adults to gain access to important social connections, benefits and resources. In addition, we introduced a friendly new chatbot, created a guide for virtual volunteering, and launched a national public awareness campaign to spread the word about the seriousness of social isolation.
The revamped Connect2Affect.org is more than just an information site; it's a lifeline that connects people to solutions for every part of life affected by social isolation. Visitors can Connect2 encouragement and support, Connect2 useful advice, and Connect2 helping hands right in their community.
National Good Neighbor Day — observed annually on September 28 — looked a little different in 2020. We encouraged participation by sharing ways to celebrate safely and keep neighborly connections strong.
The pandemic drastically curtailed in-person volunteering … so we created a guide to virtual volunteering, featuring tips for staying connected and maintaining a sense of purpose while helping others from the safety of home.
A report by AARP Foundation and the United Health Foundation revealed that two-thirds of adults had experienced social isolation and high levels of anxiety since the beginning of the pandemic.
“I feel I may say anything to you and I'm safe, and I thank you for being there for me.”
— Chatbot user
With the friendly Connect2Affect Chatbot, users who are feeling isolated can get coping strategies and emotional support to boost their well-being. It's safe, secure and available 24/7.
Our new community workshop on social connection was set to launch when the pandemic hit. So we updated it with physical distancing and virtual recommendations, and shared it with community-based organizations.
Former astronaut Scott Kelly helped us deliver a national wake-up call about the health effects of isolation. Commander Kelly shared what it was like to be separated from loved ones while he spent nearly a year on the International Space Station — and offered advice for people feeling isolated during the pandemic.
I think the biggest lesson I learned is that even though you're isolated, you don't have to be alone.
— Cmdr. Scott Kelly
The release of The Health and Medical Dimensions of Social Isolation and Loneliness in Older Adults — a National Academies of Sciences, Engineering, and Medicine consensus study sponsored by AARP Foundation — confirmed the connection between social isolation or loneliness and death, heart disease and depression for older adults.
Connect2Affect Connected Communities™ and Consumer Cellular coordinated to provide free smartphones and a year of discounted monthly service to residents of affordable housing communities in Ohio and Texas — part of an effort to increase residents' access to connectivity and technology.
AARP Foundation and ProMedica hosted a virtual summit in December to discuss strategies for addressing social isolation during a pandemic, and to share promising practices from organizations in the community and across sectors.
AARP Foundation Litigation attorneys serve as a voice for older adults in our nation's courts, and something more: They're on a mission to bring about the kind of systemic change that AARP Foundation is all about.
Through representation in significant cases and participation as amicus curiae (“friend of the court”), AARP Foundation attorneys address widespread practices and policies of industry, business and government that curtail the rights of older adults. Their work can take months, years and even decades to play out, but their dedication to changing older adults' lives never wavers.
In the midst of a pandemic, the regular process of voting was both more difficult and more dangerous for older adults, especially those with health risks and mobility issues. Yet jurisdiction after jurisdiction threw up roadblocks that made it harder for voters to cast their ballots. AARP Foundation defended voters' rights in states across the nation and won some significant victories. In Minnesota, AARP Foundation attorneys filed an amicus brief in support of waiving a state requirement that absentee voters have their ballot envelope signed by a witness or a notary. A consent decree by the Minnesota secretary of state waived that requirement so that absentee voters could more easily cast their ballots. The secretary later agreed to send all registered voters an absentee ballot application.
In a great victory for the LGBTQ community, the U.S. District Court for the District of Columbia blocked the U.S. Department of Health and Human Services (HHS) from enforcing parts of a new rule that would have scrapped key nondiscrimination protections in health care.
AARP and AARP Foundation had filed an amicus brief urging the court to block the rule from going into effect. One provision of the revised rule would have removed discrimination based on sex stereotypes from the definition of sex discrimination.
LGBTQ adults were already more likely to experience pervasive overt and systemic discrimination in accessing quality health care services and insurance coverage, essentials that are increasingly important as they age. The existing discrimination had resulted in LGBTQ older adults having worse physical and mental health, higher rates of chronic health conditions, and higher rates of disability.
One of the central tenets of the Americans with Disabilities Act is that people should be able to live dignified lives of their own choosing, as unfettered as possible by the disadvantages they might otherwise face. That means, among other things, that older people and people with disabilities should be able to continue living in their own homes if they so choose, and should not be hindered by discriminatory policies and practices — by both state actors and private housing entities — that would subject them to unnecessary, harmful and expensive institutional settings.
More than 10 years ago, AARP Foundation filed a class action suit on behalf of Ivy Brown and some 1,200 nursing facility residents in the District of Columbia, claiming they were being illegitimately segregated from their own communities and essentially warehoused in nursing facilities. These residents wanted to move back into their communities with appropriate government support.
Under the “integration mandate” of the Americans with Disabilities Act, state and local governments have an obligation to help people with disabilities enjoy all that community integration means. The suit claimed that D.C. was failing to meet this obligation.
AARP Foundation won two important appeals in this ongoing case and continues to fight for the rights of these older adults to live lives of their own choosing.
In a year that roiled every aspect of American life, 2020 set records for natural disasters — in number, scale and, most alarmingly, damage.
Yet even in the midst of a pandemic and economic turmoil, AARP Foundation donors stepped up and made a difference.
Coming in the midst of the pandemic, last year's Western wildfires and Atlantic hurricanes threatened older adults' lives and homes, intensifying the adversity many were already experiencing.
Nearly
people served by
AARP Foundation
Nearly
people served by
AARP Foundation
in refunds for
1.5 million taxpayers
meals delivered to seniors in
critical need across the country
hours of tutoring contributed
by senior volunteers
volunteers who supported
AARP Foundation initiatives
in new income created by AARP
Foundation workforce programs
low-income older adults
served through SNAP
application assistance
Thank you for believing in AARP Foundation's mission and our work to end senior poverty. Your generous support in 2020 is helping to ensure that vulnerable older adults can secure the essentials.
AARP
Allstate Insurance Company
Amazon Web Services, Inc.
Arizona Department of Economic Security
Bank of America Charitable Foundation
The California Wellness Foundation
Centene Foundation
Chapman Cubine and Hussey
Chase Bank USA, N.A.
The Commonwealth Fund
Consumer Cellular, Inc.
Consumer Technology Association
Corporation for National and Community Service
Corrigan Sports Enterprises
Delta Dental Plans Association
Dignity Health
Easter Seals
Ewing Marion Kauffman Foundation
Family League of Baltimore
Finnegan Family Foundation
The Hartford
The Humana Foundation
Internal Revenue Service
Investor Protection Trust
The John A. Hartford Foundation
Lenfest Foundation
LSC Communications US, LLC
Maine Health Access Foundation
The National Caucus & Center on Black Aging, Inc.
National Older Worker Career Center
Netflix, Inc.
New York Life Insurance Company
NextFifty Intiative
Parker Health Group, Inc.
The Patricia Kind Family Foundation
The Pew Charitable Trusts
Plymouth Rock Assurance
Ralph C. Wilson, Jr. Foundation
The Retirement Research Foundation
Robert Wood Johnson Foundation
The Ronald H. Ringer Foundation
The SCAN Foundation
State of Florida
State of Iowa
State of Missouri
State of Nevada
State of North Carolina
State of Oklahoma
State of Pennsylvania
State of Washington
Steans Family Foundation
ThomasARTS LLC
T-Mobile USA, Inc.
Toyota Motor Sales, U.S.A., Inc.
TrueCar, Inc.
U.S. Department of Justice
U.S. Department of Labor
UnitedHealthcare, Inc.
United Health Foundation
WGL Holdings, Inc.
Wells Fargo Foundation
William Penn Foundation
Anonymous (1)
The Carobus Family Foundation
Charline Dave
Lawrence and Stephanie Flinn, Jr. Charitable Trust
Annette Franqui & Seth Werner
Virginia Fulton
Frank Grimmbacher
Jo Ann Jenkins
Lloyd E. & Juanita Johnson
A. Robert Karpenske
D. Alan Kendall
Elsbeth Kirkpatrick
Lan Leyerer
George P. Lindemann
Larry J. Priddy
Connie & John Rakoske
Deborah Ross
William Rowe
Lisa Marsh Ryerson
Doris Salati
Donald G. Smith, Jr.
Mr. & Mrs. Seymour Y. Sternberg
John Totten
Anonymous (3)
Philip Allen
Marelene Barrows
Bob Blancato
Richard Bloome
Virginia Brey
Janis Calton
Joseph Coughlin
Jini Diamond
Billy Fenner Consulting LLC
Bob Fox and Andrea Mintz
William Goings
Ralph Haines
Bob & Sian Harris
Martha Hayes
Jeanne Hoch
Betty Hudson
Katherine Johnson
Dr. Matthew Krecic
Ruby Law
Barbara Lindstrom
Diane D. Miller
Nancy Morris
Paolo Narciso
Joan Parker
Anne Peterson
Dan & Lisa Phelan
Julio Portalatin
Diane Pratt
Kollivakkam Raghavan
Marilyn & Skip Rosskam
Libby Sartain
The Todd and Stephanie Schnick Foundation
Ilona Stadtfeld
Yvette Stokes
Keith & Catherine Swaby
Winnie Tai
Jackie & Glenn Tilton
Terry Trobec
Michael Vincent
Susan Werth & Bernard Silver
Russell Wheeler
Starr Wheeler
Beth & David Whitehead
Susan Wisser
Kenneth R. Wright
Anonymous (8)
David M. Adame
David T. Albee
Kevin Amrhein
Danny Annon
Sally Austin
The Honorable Patricia Banks
David Barber
Julie Bates
James Beach
Kathy Beasley
Shirley Brandt
Dori Brown
Ms. Olive M. Bryan
Anthony John Burnell
John & Karen Castaldo
Judy Dalton
Thomas Daw & Ann Giragosian Daw
Steven DelVecchio
Cathy Disch
John T. Doyle
K. James Ehlen, M.D.
Christina Fraley
Laurie and Thomas Fusco Charitable Fund
Judyth Gaddie
Mary Gans
Eberhard Gerlach
Brian & Veronica Glynn
Sandra Godin
Theresa Graziano
Franklin & Jenny Guerrero
Karl Herzog
Dulcy & Richard Hooper
Chad Hudson
Kevin Hui
John Jacob
Hilma Jenus
Bradley Johnson
Edna Kane-Williams
Sharon Kirkwood
David Kundert
Suzanne LaFollette-Black
Nancy A. LeaMond
Foong Lee
Ralph & Rebecca Littreal
Alex Lloyd
Stanley Lou
Stewart MacAulay
Claudia & Herrick Massie
Marc McDonald
Jeffrey McEver
John Meloney
Karen L. Mercer
Catherine Merrill
Daniel Moye
Mark Murray
Earl Nevels
Margaret Pabustan
Michelle Parrish
Nikki Peters
Keith Pippard
Donna M. Rand
Richard Reichle, Jr.
Nancy Reuscher
Tara Isa Koslov & William Alvarado Rivera
Ernest Robertson
Dennis Rosenthal
Richard Schindler
Antoinette Scurti
Patricia D. Shannon & Bruce A. Peters
Cleo Sheckels
Heather & Tim Sherman
Katharine Simmons
Richard Skiles
Frank Stock
Ellen Taaffe
Ralph Thomas
Nancy Tidd Smith
Sandy Ulsh
Stephen Venute
Cindy Weatherly
Judith Welch
Mary Wilens
Marcia Williams & Gene Lucero
Robert Wilson
Ted and Pam Woehrle
Anonymous (36)
Earl Abramson
Agarwal Family Foundation
Alice Akan
Wendy Albrecht
Gail & Robert Aldrich
Andrea Alexander
James Alexander
James Allen
John Alquero
Michael J. & Donna C. Andersen
Rosalyn Anderson
Timothy Andriano
Max Appel
Jerry Armstrong
Ron Arrowsmith
Ersen Arseven
Leo Asen
David Atnip
Jim Avedikian
Scott Avidon
Robert E. Ayers
Dianna Babcock
Ruby Bacardi
Robert & Susan Baker
Joseph Bakewell
Malcolm Balfour
Richard Banks, M.D.
Avinash Bapat, M.D.
Barry Barbash
Joan P. Barnes
Lawrence W. Bassett
Roberto Bayardo
Douglas Bechard, M.D.
Elisabeth Beinhorn
S. Benjamin
Edith Berg
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Maruti Bhorade
William Blackmon
Robert J. & Jane W. Blum
Richard Bockoff
Linda B. Bolton
Diane Bonk
Mary Booth
Ramon Bosquez
Milton Bradford
Carol Bradley
Ed Bradstreet
N. Brand
Frances & Robert Brandell
Carol Bratt
Zerly Breen
Richard Brelsford
Sheila & Jonathan Breslaw
Philip Brewster
James Brezden
John Briesemeister
Richard Banks
Richard Broughton
Douglas Brown
Evans Brown
Lorrin Brown
Mary P. Brown
Willard Brown
Edward Bruno
Joel & Shelby Brunt
Ronald Bryan
Sherry Buchanan
Marian Bukrinsky
Michael Bunyak
Petra Burke
Kathleen Burke
Sherri Burke
Elizabeth Burton
Eileen Burton
Amelia Burton
Barbara M. Byars
Richard Cabangcla
George Callaway
Esperanza Camarillo
John Campbell
Helen Canevari
John Capotosto
Herbert & Ann Carlson
Robbie Carlton
Mark Carrasco
Anthony Carrozza
Eric Carter
William D. Carter
Charles Case
James Cash
Kicab Castaneda-Mende
Eileen Castolene
Ann B. Catts
Mary Louise Cavanaugh
Hilda Cearense
Leona Chanin
Mr. Leo Charette
Michael Cheng
Charles & Dolores Cheron
Arthur J. Christian
Louis Chu
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Kelly Clark
Gail Clark
Joseph E. & Margreta Claunch
Emily Clayton
Robert Clayton
Carol Cleave
Alain Clenet
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H. Colgan
Mary Collins
Susan Colvin
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George & Andrea Conklin
Vicki Coon
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Margot James Copeland
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Joseph Coulter
Ida Coulter
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Mr. Jacques Craig
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Jeanne Crowe
Kenneth R. & Marilyn Cummings
Mary Katherine D'Addario
Mr. John Dadzitis
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Nahed Dajani
Dolores & Ronald Daly
Vicki Damron
Richard Dana
Peter Dandalides
Gary & Denise David
Richard Davies
Vickie Davies
Margaret Davies
Elspeth Davis
Carolyn Davis
Thomas Davis
James W. Davis
Lloyd R. & Caroline De Llamas
Ralph Dean
Cynthia & Phil Deland
Nancy Deletoile
Diane M. Delgado
Jerry & Barbara DeLosh
Paul C. Deutsch
Leo Dicarlo
Joellen Dillard
Betty Donnelly
Ottis Dover
Thomas Doyle
James Dresser
Timothy Drouillard
D. Robert Drucker
Mr. Douglas Duncan
Leslie Dunlap
Stewart Dunn, Jr.
Kent G. Dupont
Don Durham
George Dutton
Gregory Dyson
Mary Jo Eagen
Lawrence Ebersold
Ellis Edge
David Edwards
Mary Edwards
David Eger
Katherine Egolf
Julian Eidson
Barbara Einzig
Richard Ekman
Herschel Elias
Elizabeth Ellard
Liz Ellis
Pedro Engel
Guenter Engelbert
Jayne Epstein
Edanna Ericson
Hugh Erskine
Jose Espinoza
Mari Ettlinger
Willy Evans
Sandy Fainbarg
Joseph Falcone
Javid & Rukhsana Farooqi
Thomas Fenno
Michael E. Festa
Catherine Fiddes
Frances Fields
Gail Fike
Bianca Filipek
Carla Fisher
Nancy Fitzgerald
Walter Fitzgerald
Allison Flege
Catherine Fleischner
Russell Foszcz
Michael & Teresa Fountain
Alan Fowler
Richard Fox
Ritta Rosenberg
Joel Frank
Robert L. & Aline Frank
Barbara Fretz
Marie Friedman
Thomas Friel
Kim R. Froelich
Dorothy Fujimoto
Kristine Fulmer
Elsa Gallant
Emily Galloway
Nancy & Sid Ganis
Elliot Garcia
Mary Garcia
Giby Garnier
Jill Garrett
Marci Garrison
Cipriano Garza
Sylvaine Gauthier-de-beal
Karen Geanacopoulos
William Gentemann
Shelley Gere
Jane Gibson
Tim Gill
Marie Gingrich
Paul Goldstein
Romeo Gonzales
Albert Gonzales
Kellie B. Gowdy
Donald T. & Betty Graff
Mr. Jeff Graham
Gillian Granger
Eileen Grant
Nancy & Thomas E. Green
Donald Greenberg
Terri D. Greene
Clifford Gregory
Jack T. Gregory
Barbara Grocki
Chet Groseclose
Irwan Gunadi
Charles Gwinn
Changiz Alex Habibvand
David Hackathorn
Robert Hagadorn II
Glen Hakes
Robert Hale
Bydia Haley
Bruce Hall
Laleatrice V. Hall
Victoria Hall
Paul Hamer
Benjamin C. Hammett
Rosalyn Hamrick
Edward Hancock
Robert Hannus
K. Hanrahan
Judith Hardes
Diane Hardy
Janet Hardy
Dennis Harp
Jim Harre & Kristine Harriger
Calvin E. Harris, Sr.
Glenda Harris
Kristine Harris
Tom Hartsock
Charles Hartzheim
Eugene Hawkins & Eric Laug
Teresa Haycraft
Kristina Allen Hayden
Dean Hayden
Rebecca Hays
George Hazelton
Steven Healey
Normand Hebert
Jeff Hebert
Barbara Hedges-Goettl
Delia Hedlund
Perro Henson
Harry Herr
Dick Hess
Marilyn Hessel
Susan Heyman
Jeanne Higgins
Lauren Hilan
Larry Hinerman
Gloria Hing
H. Hirshberg
Susan Hjerpe
Eva Hlebko
Chua Hoa
Susan Hodapp
Wayne & Elinor Hoffman
C. Holman
Bryce Hori
Carol Bennett
Bari Hoskins
Laurie Houseknecht
Esther Hsu
Susan Hubbert
Stephen F. Hudak
Carol Hudiburg
Elaine Hughes & Marc Laster
Jennifer Sorg
Dr. Barbara Innes
Helene Jacobs
Scott James
Peter Jarosewycz
Ben Jefferson
Barbara Jeffries
Ava Jensen
Donna Jenskins
David Jesionowski
Bruce Johnson
Dianne Johnson
Freda S. Johnson
Marjorie Johnson
Ronald E. Johnson
Roy Johnson
Charlie Jones
Compton R. Jones
Kenneth Jones
Paul W. Jones
David Jordan
Sandra Juarez
Walter Kalinowski
Roberta Kamin-Lewis
Floy Kaminski
Carol Kanner
Warren J. Kaplan
Melvin Karki
J. Kasper
Patricia Kauffman
Richard Kaufman
Robert & Dorothy Keller
Mary Kelley
Theodora Kelly
Timothy M. Kelly
Brent Kendrick
Lawrence Kennedy
Shirleyanne Kennedy
Sue Kerr
Judith Kese
Lucille Kesilman
Wayne Keyes
Anup Khattar
John Kibblehouse
Curt Kiessig
David Kimmel
Dale Kipp
Roger W. Kirk
Greg Klocke
Karen Klomparens
James Knight, Sr.
David Kocher
Barbara L. Kohn
Janet Kolb
Ralph E. Koldinger
Scott Kottmann
Phil Kramer
David Kufner
Miodrag Kukrika
Richard Kulp
Mary Kupczyk
Louise Kuziomko
Kenneth Kwidzinski
William Lafranchi
James B. & Rae Ann Lam
Alan Lamia
Sharon Landwehr
Neal Lane
Howard Lang
Mary Ann Lang
Carol Lang & Sherri Peterson
Milli Lau
Lew Ann Lawhorn
Gregory Leahy
Esther Ledee
Dr. Chang Lee
Cecelia Lee
Nina S. Leggett
Carey Leimbach
Leonard Len
Ronald E. Leone
Jane Lesser
Wilbur Lewellen
Judy Lewis
Mrs. Marjorie Lewis
Craig Lewis
Kwong Li
Nancy Liebschutz
Merle Liskey
Pedro Llamas
FengJung Lo
Kevin Lofton
Larry & Vicki London
Robert Longway
Joy Lovejoy
Darryl Lovett
Linda Lovisa
Barbara Lucks
Christy Ludlow
James Luke
Julia Lundstrom
Mrs. Doris Lust
Lori MacDonald
Hugh & Marguerite MacDonald
Harold MacHonkin
Gregory Mackenzie & Anna Mckenzie
Mary Mahoney
Dr. Tyler Mahy
Armando Maldonado
Kathleen Malloch
Benito Manding
Lisa Mann
David Mann
Roy Mar
Connie Marler
Marcia Marshall
James & Mary Martin
Jose E. Martin
Pili Masaniai
Thomas Mason
Suzanne Masuret
Kamran Mather
David Mathey
Christine Mauck
Bradley Mayer
Mickey Maynard
Teresa McCanlies
Edeltraud McCarthy
Maureen McCarthy
Robert McClelland
Evelyn McConnell
Virginia McConnell
Linda Mccracken
Michelle McCracken
Robert McDermott
Liselotte Mckenzie
Norinne McKinney
Sam McLain
Lois Mcmahon
Mrs. G McMillan
Robert McMillen
Catherine McMillin
Claudia McNamee
Romeo Gonzales
Anita Mehling
Dr. Hemendra Mehta
Elba Mendez
Tamar Mersberg
Ruth Metz
Jimmy Meyer
Marjorie Meyer
Kathleen Mihelich
Annise Miller
Judith Miller
Jay Miller
Keith Miller
Margaret Miller
Catherine Mills
Charles Mitchell
Virginia Mitchell
David Moir
Julius Mondragon
Nathaniel Moore
David C. Mores
Carlos & Deborah Morrison
Paul Moyer, Jr.
Nilva & Michael A. Mroz
Patrick Mucci
M. Mueller
Edwin & Wilhelmina Mumau
Denise Munoz
Barbara Murdoch
Michael Murray
Gayle Musser
William Myers
Neil Myntti
Frederick Nakahara
Masao Nakaiye
Marie Narcisse
James Nestor
Cassandra Newkirk
Doug Newport
Duane Newsome
Shirley Nichols
Judith Nicolaidis
Gregory Nieto
Trusha Nikore
Lucille Nissen
Jalila Nur
Merrill Oaks
Paul O'Connor
Rosamund O'Farrell-Lewis
Joan K. Olinghouse
Wanda Olsrud
Marilyn Orndoff
Joyce Oshiro
John O'Steen
Eliot Ostrow
Rae & Joseph Ott
Carol Oukrop
Jane Overall
Jean Pace
Nell Painter & Glenn Shafer
Peter Papasifakis
Michael Pargee
Gary Parrish
Randolph Paschke
Mary Pascoe
Arvind Patel
Connie Pavatte
John Payne
Alice Peacock
Yvette Peña
John Peoples
Gloria Perucca
Frank Petrus & Mary Lee-Szymanski
Allen Phillips
Peter Pierce
William Pietrangelo
Carlisle Pipkin
Vincent Pitta
Joseph Pokorny
Stephen Politowski
John Polk
Ann Poll
Leslie & Yvonne Pollack
Elizabeth Popoola
Lester Poretsky
Randall Proffitt
Rita Przygocki
Donald Putning
Metta Quabeck
Marilyn A. Quadros
George Quan
Bruno Quinson
Robert Rafferzeder
Margaret Raichle
Margaret Raidmets
Kenneth Rainford
Antoinette Randolph
Cotton Rawls, Jr.
Bruno Reale
Ronald Reddick
Carolyn Redding
Ross Reeves, III
Dan Reiner
Howard Reynolds
David Rice
Robert Ricklefs
Richard Rinehart
Pauline Rippel
Steve Risner
Cassandra Rivers
Leonard Roberts
Gary Robertson
Lawrence Robertson
Andrew Rodriguez
Alan Rolph
Nancy Romero
Janie Rooker
Sharon Rose
Frederick Rosenbauer
Ritta Rosenberg
Hope Rosenlund
Lois Rosow
Kathleen P. Rosowski
Nancy Rudolph
Joan Ruff
Martin Ruple
Deborah Ryan
Donald E. Ryan
John Ryan
Paul Sack
Joseph A. Salgado
Robert Salter
Sharon Sanchez
Dr. John Sanders
Fernie Sanderson
Kenneth Sauders
Steve Saxton
Janet Schaal
Jim Schafer
Harry Scher
Robert Scher
William Schildgen
Janet Schlaf
Amy Schmidt
Erich Schmidtmann
Kurt Schmoke
Rudy Schneider
Kenneth Schob
Frances Schroeder
John & Anita Schultz
Maxine Roth Schweitzer
Louise Sealey James
Gwendolyn Seeliger
Martin E. Segal
Peter Sengbusch
Donna Shafranek
Dipak & Neela Shah
Mary Shamrock
John F. Sheela
Kate Sheeline
Gopalaiengar Sheshadri
Moses Shim
John Shinnick
Daniel & Huisuk Shires
Shao-Han Shou
Dennis Simmons
Lea Simonds
Dorothy Sims
Sher Singh
Donald Sire
George Skillman
Robert Smallenburg
Joseph Smith
Ms. Deloris Smith
David Smith
Judith Smith
Julian Snell
Ms. Jane Soong
Cecilia Soto
Robert L. Souders
Claudette Spalding & Ray Pinto
Linda Spire
Thomas Spooner
Thurman Spruce
Susan Stack
Kathy Stark
Allen Steck
Steven Steenberg
Dr. Kristine Steensma
Steven Steinberger
Steven Steinke
Mildred Steward
Lee Stoner
Denise Storey
Florence E. Straith
Robert Stranahan
Stephanie Strickland
Robert Strouse
Lucile Stroy
William Struble
Jay R. Sussman
Marshall K. Sutton
Greg Swalwell & Terrence Connor
Mr. Frederick Swann
Richard Swanson
Denison Tempel
Gary Teune
Gerhard Thelen
G. Thomas
Doris Thomasson
R. Thompson
Isabelle Thompson
Scott Thornton
Lloyd Tilley
Gilbert Tong
Margaret Toro
Elisa Torres
Saundra Tossey
Kevin M. Tracy
Gruillermo Trejo
Diana Tressler
Gloria Tressler
Charles Jeffrey Trick
Nancy Tumposky
Peter Tuohy
Alexander Turnbull
Erica Ueland
Joel Umlas, M.D.
Charleen Underwood
Thomas Uttormark
Jeannie Uyeda
Paul Uyeshiro
Nallasivam Vamadevan
Wanda Van Hoose
Kathleen Vandemark
Tina Vanderlinde
Joan Vandeworkeen
Mark Vann
Katrina Veerhusen
Jose Velez
Anthony Venticinque
Beatrice Vicks
Leslie D. Vollbracht
Randy Voss
Hubert Wagoner
Janet Walker
Susan Wang
Xiaoming Wang & Xiaorong Lu
Clara Wang
William Warr, Jr.
Peter Waters
David A. Watta
Kathryn Webb
Herbert Weinman
Sherman Weitzmon
William Wertz & Margaret Iacgo-Wertz
William Westgard
Kevin White
Debra B. Whitman
Maureen Wienecke
Linda & Mark Wilford
Charles Wilhelm
Jill Willbanks
Clair Williams
Michelle Williams
Alma Wilson
Jessica Winograd
Rosel Witt
Roma Wittcoff
Seth Wohlberg
Jean Wolffis
Arnold Woods
Vicki Woodward
Carolyn Workman
Randall Workman
Thomas Yager
Mark Yankauer
Chenyu Yen
Jane Yuzuki
Fred & Kathy Zanoff
Shirley Zonner
The AARP Foundation Legacy Society provides recognition to individuals who include AARP Foundation in their wills or living trusts; name the Foundation as a beneficiary of a retirement plan, commercial annuity, or life insurance plan; or make an irrevocable life income gift, such as a charitable gift annuity or charitable remainder trust.
These exceptional gifts perpetuate the legacy of caring established by AARP’s founder, Dr. Ethel Percy Andrus, and allow us to serve as a force for change on the most serious issues faced by vulnerable seniors living in poverty.
The names listed below are those AARP Foundation Legacy Society members who have confirmed both their gift commitments and their willingness to have their names published. On behalf of AARP Foundation, thank you to those listed below.
*Denotes Deceased Donor
Ms. Alice E. Smith-Abaté
*The Henry Acad Trust
David T. Albee
*The Estate of Lynda M. Albert
Anonymous (669)
Dale A. Arceneaux
*The Estate of Donald August
Edgar E. Beck III
*The Joanne Bennett Trust
Mr. and Mrs. Steven Borbely
*The Janet Elaine Bowerman Trust
Carmen C. Briggs
Shelley Buckingham
Marian Bukrinsky
Kay Burch
*The Estate of Larry Claude Burgoon
*Leopoldo & Mary E. Buttinelli
Jane D. Caminis
*The Estate of Charles E. Chambers
*The Estate of Judy Theresa Charles
Lorinda Cheng Arashiro
Clara M. Chiu
*Marion Clement
Col. James M. Compton
Richard T. Corvetti
*John R. Crane
*The Estate of Carmen L. Cruz
Christine M. Cruz
Mrs. Brigitte Curtis
*The Mary K. Cusack Trust
*Aila G. Dawe
Virginia D'Lamatter
Eugene V. Doty
D. Robert Drucker
*The Theophil Walter Dusek Trust
*Evelyn & *George F. Eckhardt, Jr.
*The Dixie Blackstone Eger Charitable Remainder Annuity Trust
*Philip Ellgen
*The Estate of Connie A. Esposito
*John C. & *Genevieve Fairval
*Wilma S. Firsich
*The Fong Family Revocable Trust
Stephen T. Franco
*The Estate of Fred C.N. Fredericks
Mario G. Garcia
*Sid & *Betty Garvais
*The Barbara Joan Geist Trust
*Mr. & Mrs. Stuart B. Gerber
*Alice S. Gillisse
Jo. M. Gledhill & *Richard L. Bowman
*The Estate of Hope H. Glidden
Myona L. Glover
Lorraine Gnecco
P.K. Govind & Sally L. Luckenbach
Sharman L. Greber
Betty Lou Gross
Franklin & Jenny Guererro
*Carmen Gutierrez
Robert & * Lawanda Hanson
*Ethel G. Harris
*Hazel E. Hart
Carol A. Henry
Harriet M. Herb
*Alicia O. Hernandez
*The Carolyn A. High Trust
Sharon Hodgson
Linda Jo C. Hoholik
Ida M. Holtsinger
Dulcy & Richard Hooper
Kenneth and Sharon Ishida
*The Alan C. Johnson Charitable Trust
Larry Johnson
*The Estate of Adeline Kyoko Kano
*Norma Kershaw
Tong Yong (Andrew) Keum
*The Estate of Kenneth H. Kintopf
Loretta Krause
*The Estate of Kenneth L. Ladd
*The Estate of Erling Lagerholm
James B. Lam
*The Estate of William Leidy
*The Dorothy E. Leithead Charitable Trust
Judith Lender
Emily Ellen Markgraf
*Miss Pat
Ellen M. Lockhoff
Thomas W. Lockhoff
*The Estate of Conrad L. Lohoefer
*Robert Luth
Hugh & Marguerite MacDonald
Manuel J. Sr. & Gloria E. Mathew
*Sara C. McGahan
*Jennie R. Medlin
Allen & *Linda Minsky
David and Sherry Mitchell
*George Mitchell
James E. Moore
*The Estate of May Moore
Boyd J. Mudra
*The Estate of Barbara Mulholland
William M. Myers, Jr.
Ruth Nolte
Mr. Richard V. Olson & Mr. Larry J. Kramer
Anthony & Shirley Onesto
*The Estate of William Keith Parlour
Margot Joy Patrick
*The Rose Penn Trust
Ms. Carmen E. Perry
Leon N. Phelps, Sr.
Jeanne Phillips & Bill Pendergraft
In Memory of Karl Herrick Elwyn Pinks
*Hernando Pinzon-Isaza
Eleanor Pirozek
*The Estate of Sandra Premrou
*The Estate of Saundra Price
*The Estate of Larry G. Rand
*Ed & *Jeanette Ray
Dennis Reis
*The Estate of Ronald Richardson
*Julie Robinson
*Frank & *Maria Robinson
*Mrs. Helen P. Rogers
*The Estate of Andrew Romay
*The Julia M. Ross Trust
William Rowe
*The Estate of Michael Schinagel
Joseph R. Selby
John A. Sena
*The Estate of Georgia B. Senior
Heather & Tim Sherman
*The Estate of Joseph W. Showalter
*The Estate of Ruth Belton Sloan
*The Estate of William O. Smedley
Mary Stahl
*Morton Stanson
In memory of Mrs. Beatrice M. Stevens & Sadie R. Stevens
Peggy P. Stevenson
*June R. Strachan
*The Gerald Edward & Guyola Marie Stutzman Trust
Thomas H. Stutzman
Anthony Testagrose & Margaret Dau
In Memory of Mr. & Mrs. Charlie Thomas, Jr.
Patricia L. Tolbert
Thomas Tomkiewicz
*The Estate of Amy Emiko Uyemura
Susan Valletta
*The William H. Van Dusen, Jr. Trust
Sharon R. Villano
*Alexander Volk
*The Louis A. Wagner Trust
*The Joy Washington Probating Trust
Virginia E. Washington
Beth & David Whitehead
Dorothy Williams
Huora L. Williams
Marcia Williams
This summary of financial information has been extracted from the AARP Foundation audited financial statements for the years ending December 31, 2020 and December 31, 2019, and on which an independent public accounting firm expressed an unmodified opinion.
STATEMENTS OF FINANCIAL POSITION
As of December 31, 2020 and December 31, 2019 (in thousands)
| ASSETS | 2020 | 2019 |
|---|---|---|
| Cash and cash equivalents | 6,595 | 23,090 |
| Contributions receivable, net | 4,653 | 2,100 |
| Grants receivable | 10,344 | 11,484 |
| Prepaid expenses and other assets | 1,674 | 1,120 |
| Investments | 587,745 | 534,484 |
| Charitable gift annuity investments | 6,072 | 5,210 |
| Program-related investments, net | 5,925 | 6,166 |
| Property and equipment, net | 13,554 | 14,997 |
| Total Assets | 636,562 | 598,651 |
| LIABILITIES | ||
|---|---|---|
| Accounts payable and accrued expenses | 22,247 | 29,061 |
| Deferred revenue | 240 | 171 |
| Due to affiliates | 3,919 | 7,200 |
| Charitable gift annuities payable | 3,264 | 3,050 |
| Bonds payable | 25,000 | 25,000 |
| Total Liabilities | 54,670 | 64,482 |
| NET ASSETS Net assets without donor restrictions: |
||
|---|---|---|
| Undesignated | 44,854 | 29,396 |
| Board-designated quasi-endowment | 25,492 | 23,940 |
| Board-designated operating reserves | 60,500 | 58,752 |
| Total net assets without donor restrictions: | 130,846 | 112,088 |
| Net assets with donor restrictions | 451,046 | 422,081 |
| Total Net Assets | 581,892 | 534,169 |
| Total Liabilities and Net Assets | 636,562 | 598,651 |
STATEMENTS OF ACTIVITIES
For the years ending December 31, 2020 and December 31, 2019 (in thousands)
| OPERATING REVENUE | 2020 | 2019 |
|---|---|---|
| Grant revenue | 88,336 | 103,158 |
| Contributions | 78,537 | 160,743 |
| In-kind contributions | 37,910 | 55,082 |
| Investment income designated for operations | 18,056 | 5,191 |
| Other | 674 | 1,387 |
| Total Operating Revenue | 223,513 | 325,561 |
| EXPENSES Program Services: |
||
|---|---|---|
| SCSEP | 92,459 | 105,995 |
| Tax-Aide | 14,426 | 22,184 |
| Experience Corps | 11,627 | 12,593 |
| Impact areas and other programs | 35,806 | 45,557 |
| Legal Advocacy | 6,372 | 6,008 |
| Total Program Services | 160,690 | 192,337 |
| Supporting Services | ||
|---|---|---|
| Fundraising | 26,207 | 26,938 |
| Management and general | 21,869 | 21,116 |
| Total Supporting Services | 48,076 | 48,054 |
| Total Expenses | 208,766 | 240,391 |
| Changes in Net Assets from Operations | 14,747 | 85,170 |
| OTHER CHANGES IN NET ASSETS | ||
|---|---|---|
| Investments (loss) return in excess of amounts designated for operations | 33,125 | 62,610 |
| Changes in value of charitable gift annuities | (149) | (190) |
| Change in Net Assets | 47,723 | 147,590 |
| Net Assets, Beginning of Year | 534,169 | 386,579 |
| Net Assets, End of Year | 581,892 | 534,169 |
AARP Foundation receives funding from multiple sources, including grants and AARP. Eighty cents of every dollar the Foundation spends goes to our important programs and services to improve the quality of life for vulnerable older adults in communities across the country.
Contributions
Grant Revenue
In-Kind Contributions
Investment Income and Other
Programs
Fundraising
Management and General
Libby Sartain, Chair
David Adame
Hon. Patricia Banks
Robert Blancato
Margot James Copeland
Ann G. Daw
Gregory J. Dyson
Betty Hudson
Diane D. Miller, Vice Chair
Susan Werth
Lisa Marsh Ryerson, President
Patricia D. Shannon, Chief Financial Officer and SVP, Strategy, Innovation, Evaluation, Finance, Grants, Operations, Technology and Research
Emily Allen, Senior Vice President, Foundation Programs
William Alvarado Rivera, Senior Vice President, Foundation Litigation
David Whitehead, Senior Vice President & Chief Development Officer