Public Charity

AARP FOUNDATION

AARP FOUNDATION is a Public Charity headquartered in WASHINGTON, DC. Financial data from the 2024 filing: $202.9M revenue, $194.4M expenses, $728.0M total assets. 161 publicly reported grants to this organization, totaling roughly $487.8M, appear in IRS filings.

EIN: 520794300 WASHINGTON, DC Senior Centers NTEE: P81 Latest filing: 2024
Total Revenue$202.9M
Total Expenses$194.4M
Total Assets$728.0M
Grant Records161
Funding Total$487.8M
Filing Years2019–2024

Mission

AARP FOUNDATION CREATES AND ADVANCES EFFECTIVE SOLUTIONS TO REDUCE POVERTY FOR AND WITH OLDER ADULTS.SEE SCHEDULE OAARP FOUNDATION (THE "FOUNDATION") WORKS FOR AND WITH VULNERABLE PEOPLE OVER 50 TO END SENIOR POVERTY AND REDUCE FINANCIAL HARDSHIP BY BUILDING ECONOMIC OPPORTUNITY. AS A CHARITABLE AFFILIATE OF AARP, THE FOUNDATION SERVES AARP MEMBERS AND NONMEMBERS ALIKE. THROUGH VIGOROUS LEGAL ADVOCACY AND EVIDENCE-BASED SOLUTIONS, AND BY STRENGTHENING SUPPORTIVE COMMUNITY CONNECTIONS, THE FOUNDATION FOSTERS RESILIENCE AND RESTORES HOPE.

Where $100 goes at AARP Foundation

How AARP Foundation divides every $100 it spends, from its own Form 990 filings, averaged across 7 years.

$80 Programs the work itself
$8 Management running the organization
$12 Fundraising raising the next dollar

Inside the $80 for programs

$51
Economic mobility programs provide direct services nationwide to older adults with low income who are seeking training and employment
64% of program spending
$12
Volunteer programs provide support for teams of volunteers that help older adults with low income and bring a sense of purpose back into the lives of older adult…
15% of program spending · Reported in the filing: 28,000 volunteers; 50 mentors
$9
Other programs and services
11% of program spending

Plus 2 more programs. Cost per person served and the full program breakdown are on the full profile.

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Source: Form 990 filings with the IRS, latest fiscal year 2024. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.

Officers & Directors

SVP - IMPACT & ANALYTICS (AS OF 8/19/24) Alexander Van Kemenade
BOARD MEMBER (UNTIL 6/2024) Ann G Daw
BOARD MEMBER (AS OF 9/2024) Beth Chandler
BOARD MEMBER Betty J Hudson
SVP - MARKETING & COMMUNICATIONS Brittany Feinson
PRESIDENT Claire Casey

Officer compensation and complete director data available with membership.

Top Grant Purposes

General Support
$348,256,234 104 grants
Human & Social Services
$44,240,154 26 grants
Economic Development
$25,047,548 2 grants
Health & Medicine
$14,317,538 9 grants
Housing & Homelessness
$25,703 1 grant

Financial Trends

Year Revenue Expenses Assets
2024 $202.9M $194.4M $728.0M
2023 $175.2M $191.9M $693.2M
2022 $203.2M $195.4M $662.7M
2020 $186.5M $173.3M $636.5M
2019 $295.8M $187.4M $598.9M

Between 2019 and 2024, reported annual revenue declined from $295.8M to $202.9M (-31%), with total assets most recently reported at $728.0M.

Interactive year-over-year charts and full filing details available with membership.

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