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The Retirement Research Foundation

Profile

Last Updated: 2016-05-11

At A Glance

The Retirement Research Foundation

8765 W. Higgins Rd., Ste. 430

Chicago, IL United States 60631-4170

Telephone: (773) 714-8080

URL: www.rrf.org

Type of Grantmaker

Independent foundation

Financial Data

(yr. ended 2014-12-31)

Assets: $139,993,812

Total giving: $5,008,640

EIN

362429540

BRIDGE Number

1058150611

Background

Incorporated in 1950 in MI - Mr. MacArthur was an insurance and real estate magnate and one of the nation's wealthiest individuals. Upon his death in 1978, Mr. MacArthur left the bulk of his estate to charities through two nonprofit foundations. To The Retirement Research Foundation he left 234,134 shares of Citizens Bank and Trust Co. common stock and to the John D. and Catherine T. MacArthur Foundation he left stock in Bankers Life and Casualty The foundation is a signatory to Philanthropy’s Promise, an initiative of the National Committee for Responsive Philanthropy (NCRP). By signing on, the grantmaker has committed to allocating the majority of its grantmaking dollars to marginalized communities and at least 25 percent to social justice strategies, such as advocacy, community organizing, and civic engagement.

Purpose and Activities

The foundation is dedicated to improving quality of life for our nation's older population. It awards grants each year in support of programs, research, advocacy, and training to improve the quality of life for older Americans.

Program Area(s)

The grantmaker has identified the following area(s) of interest:

Accessible Faith

This program supports Chicago-area houses of worship in their efforts to make accessibility improvements (e.g., accessible restrooms, ramps, platform lifts, and elevators) that will enable greater participation by older adults in congregation programs, services, and activities.

Grants Program

This funding program supports a range of programs and special initiatives designed to: 1) Improve the availability and quality of community-based and long-term services and supports by: a) Increasing the availability and effectiveness of comprehensive community programs designed to maintain older persons in their homes; b) Increasing the availability and effectiveness of programs designed to maintain older persons in residential settings, such as congregate living with supportive services, group homes, and assisted living facilities; c) Improving the quality of nursing home care; d) Coordinating the provision of acute- and long-term care for older persons with chronic conditions by supporting efforts that provide continuity of care, prevention, early intervention, and client education. 2) Provide new and expanded opportunities for older adults to engage in meaningful roles in society such as employment and volunteerism, that will strengthen community through activities including, but not limited to, advocacy, community leadership, community services, and intergenerational programs. 3) Seek causes and solutions to significant problems of older adults through support of selected basic, applied, and policy research for which federal funding is not available. 4) Increase the number of professional and paraprofessionals adequately prepared to serve the elder population through support of selected education and training initiatives, which enhance the knowledge and skills of participants. The foundation's historic interest in innovative projects continues. RRF also has a strong interest in projects that implement or adapt proven models that address clearly identified needs and gaps. Requests for support of projects focusing on advocacy, research, or education and training will be considered from anywhere in the U.S. Direct service requests will be considered only from organizations in these seven states: Illinois, Indiana, Iowa, Kentucky, Missouri, Wisconsin, and Florida. Deadlines are Feb. 1, May 1, and Aug. 1. .

Organizational Capacity Building Program (OCB)

This program supports long-term improvements in the management and governance of Chicago-area nonprofit organizations serving the elderly.

Program-Related Investment

The foundation makes PRIs in the form of loans to nonprofit and for-profit organizations in support of housing renovation and development for low-income senior citizens.

Fields of Interest

Subjects
  • Addiction services
  • Geriatrics
  • Gerontology
  • Home health care
  • Human rights
  • Human services
  • Job retraining
  • Mental health care
  • Nonprofits
  • Retirement housing
  • Senior assisted living
  • Senior services
Population Groups
  • Adults
  • Economically disadvantaged people
  • Low-income and poor people
  • Seniors

Financial Data

Year ended 2014-12-31

Assets: $139,993,812 (market value)

Expenditures: $9,966,089

Total giving: $5,008,640

Qualifying distributions: $6,521,069

Giving activities include:

$179,324 for 113 employee matching gifts