Civic Intelligence

AARP Foundation

990 • Fiscal year 2020 • EIN 52-0794300

Jan 01, 2020 to Dec 31, 2020 • Filed on Nov 09, 2021

601 E Street NW Tax DeptWashington, DC 20049

(202) 434-3399

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

20th percentile

0.09x

Higher debt load relative to assets than 20% of similar nonprofits.

2020 filings • 501(c)3 • $250M-$1B nonprofits • Source year 2020

Liabilities / Revenue

26th percentile

0.29x

Higher debt load relative to revenue than 26% of similar nonprofits.

2020 filings • 501(c)3 • $250M-$1B nonprofits • Source year 2020

Net Margin

62nd percentile

7.1%

Higher net margin than 62% of similar nonprofits.

2020 filings • 501(c)3 • $250M-$1B nonprofits • Source year 2020

Top Officer Pay

Score unavailable

No value available

This filing does not contain officer compensation rows.

Source year 2020

Asset Growth

50th percentile

6.3%

Faster asset growth than 50% of similar nonprofits.

2020 filings • 501(c)3 • $250M-$1B nonprofits • Annualized from 2019 to 2020

Revenue Growth

5th percentile

-37%

Faster revenue growth than 5% of similar nonprofits.

2020 filings • 501(c)3 • $250M-$1B nonprofits • Annualized from 2019 to 2020

Assets

Up

$636,519,309

Up $37,584,498 (+6.3%) from 2019

Net Assets

Up

$581,891,825

Up $47,722,491 (+8.9%) from 2019

Liabilities

Down

$54,627,484

Down $10,137,993 (-16%) from 2019

Revenue

Down

$186,546,543

Down $109,255,411 (-37%) from 2019

Expenses

Down

$173,261,974

Down $14,163,951 (-7.6%) from 2019

Net Income

Down

$13,284,569

Down $95,091,460 (-88%) from 2019

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$800M$600M$400M$200M$0Assets 2010: $110,185,168Liabilities 2010: $47,514,560Net Assets 2010: $62,670,6082010Assets 2011: $108,083,041Liabilities 2011: $45,602,825Net Assets 2011: $62,480,2162011Assets 2012: $120,780,906Liabilities 2012: $49,735,932Net Assets 2012: $71,044,9742012Assets 2013: $132,599,058Liabilities 2013: $54,221,480Net Assets 2013: $78,377,5782013Assets 2014: $136,012,640Liabilities 2014: $55,433,947Net Assets 2014: $80,578,6932014Assets 2015: $129,157,960Liabilities 2015: $48,471,186Net Assets 2015: $80,686,7742015Assets 2016: $266,584,963Liabilities 2016: $51,858,274Net Assets 2016: $214,726,6892016Assets 2017: $380,917,771Liabilities 2017: $57,109,293Net Assets 2017: $323,808,4782017Assets 2018: $439,330,745Liabilities 2018: $52,750,956Net Assets 2018: $386,579,7892018Assets 2019: $598,934,811Liabilities 2019: $64,765,477Net Assets 2019: $534,169,3342019Assets 2020: $636,519,309Liabilities 2020: $54,627,484Net Assets 2020: $581,891,8252020Assets 2021: $703,184,035Liabilities 2021: $55,117,407Net Assets 2021: $648,066,6282021Assets 2022: $662,653,314Liabilities 2022: $60,234,067Net Assets 2022: $602,419,2472022Assets 2023: $693,172,214Liabilities 2023: $57,579,121Net Assets 2023: $635,593,0932023Assets 2024: $727,968,863Liabilities 2024: $54,845,063Net Assets 2024: $673,123,8002024

Highlighted filing

2020

Assets$636,519,309
Liabilities$54,627,484
Net Assets$581,891,825

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$300M$200M$100M$0-$100MExpenses 2010: $171,665,5422010Expenses 2011: $138,801,5162011Expenses 2012: $140,320,6172012Revenue 2013: $144,653,292Expenses 2013: $142,744,954Net Income 2013: $1,908,3382013Revenue 2014: $146,610,280Expenses 2014: $144,543,038Net Income 2014: $2,067,2422014Revenue 2015: $155,682,431Expenses 2015: $151,499,707Net Income 2015: $4,182,7242015Revenue 2016: $297,220,619Expenses 2016: $163,130,106Net Income 2016: $134,090,5132016Revenue 2017: $273,794,980Expenses 2017: $177,579,018Net Income 2017: $96,215,9622017Revenue 2018: $282,082,741Expenses 2018: $170,923,640Net Income 2018: $111,159,1012018Revenue 2019: $295,801,954Expenses 2019: $187,425,925Net Income 2019: $108,376,0292019Revenue 2020: $186,546,543Expenses 2020: $173,261,974Net Income 2020: $13,284,5692020Revenue 2021: $254,163,099Expenses 2021: $181,584,159Net Income 2021: $72,578,9402021Revenue 2022: $203,216,966Expenses 2022: $195,405,209Net Income 2022: $7,811,7572022Revenue 2023: $175,249,637Expenses 2023: $191,925,498Net Income 2023: -$16,675,8612023Revenue 2024: $202,932,133Expenses 2024: $194,382,273Net Income 2024: $8,549,8602024

Highlighted filing

2020

Revenue$186,546,543
Expenses$173,261,974
Net Income$13,284,569
Jump To
Filing Snapshot
Filing Period
Jan 1, 2020 to Dec 31, 2020
Signed
Nov 9, 2021
Return Version
2020v4.1
Gross Receipts
$924,118,567
Mission and Program Overview

Mission

A country free of poverty and where no older person feels vulnerable. See Schedule O.AARP Foundation wants to win back opportunity for those now in crisis,so thousands of vulnerable low-income Americans 50+ can regain theirfoothold, continue to serve as anchors for their families andcommunities and ensure that their best life is still within reach.

A country free of poverty where no older person feels vulnerable. See schedule o.aarp foundation serves vulnerable people 50+ by creating and advancing effective solutions that help them secure the essentials.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$534,768,098$587,702,333▲ $52,934,235
Pledges and Grants Receivable$13,583,525$14,997,156▲ $1,413,631
Land, Buildings, and Equipment, Net$14,997,045$13,553,814▼ $1,443,231
Investments Other Securities$5,209,704$6,071,530▲ $861,826
Investments Program Related$6,165,767$5,924,718▼ $241,049
Savings and Temporary Cash Investments$19,697,220$4,701,759▼ $14,995,461
Cash and Non-Interest-Bearing Accounts$3,393,270$1,893,064▼ $1,500,206
Prepaid Expenses and Deferred Charges$867,035$1,439,048▲ $572,013
Total Assets$598,934,811$636,519,309▲ $37,584,498
Other Assets Total$253,147$235,887▼ $17,260
Liabilities
Tax Exempt Bond Liabilities$25,000,000$25,000,000→ $0
Accounts Payable and Accrued Expenses$28,012,161$17,792,852▼ $10,219,309
Grants Payable$8,532,978$8,330,839▼ $202,139
Other Liabilities$3,049,511$3,263,793▲ $214,282
Deferred Revenue$170,827$240,000▲ $69,173
Total Liabilities$64,765,477$54,627,484▼ $10,137,993
Net Assets / Fund Balance
Net Assets With Donor Restrictions$422,080,905$451,045,224▲ $28,964,319
Net Assets Without Donor Restrictions$112,088,429$130,846,601▲ $18,758,172
Total Net Assets Fund Balance$534,169,334$581,891,825▲ $47,722,491
Total Liabilities and Net Assets / Fund Balance$598,934,811$636,519,309▲ $37,584,498

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$8,190,541$14,546,367$22,736,908
Land$4,440,000-$4,440,000
Other Land Buildings$923,273$2,082,981$3,006,254

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2020$442,770,788$377,860▲ $40,251,351$13,655,710$469,744,289
2019$307,583,157$81,030,355▲ $55,109,672$952,396$442,770,788
2018$244,360,170$78,113,983▼ $13,990,060$-900,936$307,583,157
2017$141,651,935$76,682,864▲ $26,913,632$888,261$244,360,170
2016$17,139,004$116,229,945▲ $9,190,695$907,709$141,651,935
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Lisa Marsh RyersonPresidentFT$365,343$152,490$517,833
Patricia D ShannonCFO & Senior Vice PresidentFT$334,786$110,704$445,490
David WhiteheadSVP & Chief Development OfficerFT$281,503$103,285$384,788
Emily S AllenSVP - Aarp Fdn ProgramsFT$268,312$88,089$356,401
William a RiveraSVP - LitigationFT$236,275$73,710$309,985
Demetrios AntzoulatosVP - Finance, Grants, & OperationsFT$213,247$86,318$299,565
Patrick LandersVP - Strategy & InnovationFT$212,216$75,567$287,783
Stephen VenuteVP - Corp & Foundation RelationsFT$214,220$73,030$287,250
Marc McdonaldVP - Fd IntegrationFT$202,882$76,161$279,043
Steven DelvecchioVP - Direct ResponseFT$139,114$65,935$205,049
Lloyd JohnsonBoard Chair (until 6/10/20)PT-$2,473$2,473
Libby SartainBoard Chair (as of 6/10/20)PT-$1,666$1,666

Board Members and Trustees

NameTitle
Ann G DawBoard / Finance Committee Chair
Diane D MillerBoard / Vice Chair (as of 8/12/20)
Jaime GutierrezBoard / Vice Chair (until 6/10/20)
Harry E JohnsonBoard / Finance CHA (until 6/10/20)
David AdameBoard Member
Patricia BanksBoard Member
Susan WerthBoard Member
Betty J HudsonBoard Member (as of 10/14/20)
Gregory J DysonBoard Member (as of 10/14/20)
Margot James CopelandBoard Member (as of 6/10/20)
Robert BlancatoBoard Member (as of 6/10/20)
Jami L WyattSecretary

Highest Paid Contractors

ContractorServicesLocationCompensation
Cp Direct INCCommercial Printing Services4600 BOSTON WAY, Lanham, MD 20706$1,611,593
Concord Litho Group INCPrinting & Direct Marketing Services92 OLD TURNPIKE RD, Concord, NH 03301-7309$1,595,448
Graceworkz LLCIt Printer Service And Imaging Supplies1311 W BADGER RD, Madison, WI 53713$1,490,084
Direct Mail SolutionsCommercial Printing Services5540 KETCH ROAD, Prince Frederick, MD 20678$1,209,673
Hirschfeld Marketing SolutionsMeal Pack Marketing & Operations10231 BAILEY RD, Cornelius, NC 28031$1,048,048
Revenue and Support

Revenue Composition

Contributions and Grants
$167,121,308
Program Service Revenue
$673,239
Investment Income
$19,272,863
Other Revenue
$-520,867
All Other Contributions
$69,065,629
Change in Net Assets
$13,284,569

Noncash Contribution Practices

Property subject to holding requirements
No
Reviewed unusual noncash gifts
Yes
Third parties used for noncash contributions
No

Noncash Contributions

Contribution TypeContribution CountReported AmountValuation Method
Other Non Cash Contri Table220$168,000Market Value
Other Non Cash Contri Table481$80,510Market Value
Securities Publicly Traded12$24,738High / Low Average
Total Noncash Contributions713$273,248-

Audited Revenue Reconciliation

Revenue per Audited Statements
$184,386,674
Revenue Not Reported on Financial Statements
$2,159,869
Revenue Not Reported on Form 990
$72,101,650
Other Revenue Adjustments
$2,159,869
Total Revenue per Audited Statements
$256,488,324
Total Revenue per Form 990
$186,546,543
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$69,721,631
Other Expenses$59,928,874
Salaries, Compensation, and Employee Benefits$41,959,162
Total Fundraising Expense$21,950,712
Professional Fundraising Fees$1,652,307

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Individuals$57,909,869--$57,909,869
Other Salaries and Wages$23,466,954$5,219,519$3,480,308$32,166,781
Fees for Services Other$10,102,698$1,294,414$1,034,594$12,431,706
Grants to Domestic Orgs$11,811,762--$11,811,762
Information Technology$5,403,797$289,016$239,436$5,932,249
Other Employee Benefits$3,047,594$811,870$486,252$4,345,716
Advertising$1,431,836$1,228,018$859,184$3,519,038
Office Expenses$3,060,881$4,311$23,518$3,088,710
Occupancy$2,703,915$244,539$122,513$3,070,967
Payroll Taxes$1,616,467$448,930$262,091$2,327,488
Current Officers, Directors, Trustees, and Key Employees$666,385$963,324$384,788$2,014,497
Fees for Service Investment Mgmnt Fees-$1,801,014-$1,801,014
Fees for Services Professional Fundraising--$1,652,307$1,652,307
Depreciation Depletion$766,668$589,306$199,418$1,555,392
Other Expenses$531,765$616,485$182,957$1,331,207
Pension Plan Contributions$785,789$194,069$124,822$1,104,680
Travel$303,418$28,293$39,249$370,960
Fees for Services Legal$301,496--$301,496
Interest$89,656$139,207$23,536$252,399
Fees for Services Accounting-$164,000-$164,000
Conferences and Meetings$27,614$-7,188$9,041$29,467
Total Functional Expenses$5,305,458$0$9,877,828$15,183,286

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$208,765,833
Total Expenses per Form 990$173,261,974
Expenses per Audited Statements$171,102,105
Expenses Not Reported on Form 990$37,663,728
Expenses Not Reported on Financial Statements$2,159,869
Other Expense Adjustments$2,159,869
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Meals on Wheels AmericaAlexandria, VA501(c)(3)DONATION TO SUPPORT AARP FOUNDATION'S FOOD SECURITY PROGRAM$750,000
Ochin IncPortland, OR501(c)(3)GRANT TO SUPPORT AARP FOUNDATION'S ISOLATION PROGRAM$633,420
Mercy HousingDenver, CO501(c)(3)GRANT TO SUPPORT AARP FOUNDATION'S ISOLATION AND HOUSING PROGRAMS$579,250
Association of Community Action Partnerships of LouisianaEthel, LA501(c)(3)Aarp Foundation Disaster Relief Grant$500,000
University of Southern CaliforniaLos Angeles, CA501(c)(3)GRANT TO SUPPORT AARP FOUNDATION'S INCOME PROGRAM$449,418
Benefits Data TrustPhiladephia, PA501(c)(3)GRANT TO SUPPORT AARP FOUNDATION'S FOOD SECURITY PROGRAM$420,000
Generations IncorporatedBoston, MA501(c)(3)GRANT TO SUPPORT AARP FOUNDATION'S EXPERIENCE CORPS PROGRAM$313,105
Asian American FederationNew York, NY501(c)(3)GRANT TO SUPPORT AARP FOUNDATION'S INCOME PROGRAM$300,000
California Association of FoodbanksLos Angeles, CA501(c)(3)GRANT TO SUPPORT AARP FOUNDATION'S FOOD SECURITY PROGRAM$300,000
Equality Federation InstitutePortland, OR501(c)(3)GRANT TO SUPPORT AARP FOUNDATION'S INCOME PROGRAM$300,000
Sound GenerationsSeattle, WA501(c)(3)GRANT TO SUPPORT AARP FOUNDATION'S ISOLATION PROGRAM$299,674
Greater New Orleans Development FoundationNew Orleans, LA501(c)(3)GRANT TO SUPPORT AARP FOUNDATION'S INCOME PROGRAM$295,315
University of Massachusetts BostonBoston, MAGOV'T ENTITYGRANT TO SUPPORT AARP FOUNDATION'S INCOME PROGRAM$287,572
Hunger Solutions New YorkAlbany, NY501(c)(3)GRANT TO SUPPORT AARP FOUNDATION'S FOOD SECURITY PROGRAM$264,520
National Church Residences FoundationColumbus, OH501(c)(3)GRANT TO SUPPORT AARP FOUNDATION'S ISOLATION PROGRAM$248,500
Johns Hopkins UniversityBaltimore, MD501(c)(3)GRANT TO SUPPORT AARP FOUNDATION'S ISOLATION PROGRAM$240,587
East Side Learning CenterSaint Paul, MN501(c)(3)GRANT TO SUPPORT AARP FOUNDATION'S EXPERIENCE CORPS PROGRAM$228,186
George Washington UniversityWashington, DC501(c)(3)GRANT TO SUPPORT AARP FOUNDATION'S HOUSING PROGRAM$220,000
National Older Worker Career CenterArlington, VA501(c)(3)GRANT TO SUPPORT AARP FOUNDATION'S WORKFORCE PROGRAM$200,000
Urban InstituteWashington, DC501(c)(3)GRANT TO SUPPORT AARP FOUNDATION'S FOOD SECURITY PROGRAM$193,796
MreliefChicago, IL501(c)(3)GRANT TO SUPPORT AARP FOUNDATION'S FOOD SECURITY PROGRAM$193,395
Front Porch Communities & ServicesGlendale, CA501(c)(3)GRANT TO SUPPORT AARP FOUNDATION'S ISOLATION PROGRAM$172,095
Info Line of San Diego County Dba 2-1-1 San DiegoSan Diego, CA501(c)(3)GRANT TO SUPPORT AARP FOUNDATION'S FOOD SECURITY PROGRAM$160,000
Jobs for the Future IncBoston, MA501(c)(3)GRANT TO SUPPORT AARP FOUNDATION'S WORKFORCE PROGRAM$155,000
Acadiana Legal ServicesLafayette, LA501(c)(3)Aarp Foundation Disaster Relief Grant$150,000
Lone Star Legal AidHouston, TX501(c)(3)Aarp Foundation Disaster Relief Grant$150,000
Pacific Community VenturesOakland, CA501(c)(3)GRANT TO SUPPORT AARP FOUNDATION'S WORKFORCE PROGRAM$150,000
Shriver Center on Poverty LawChicago, IL501(c)(3)DONATION TO SUPPORT AARP FOUNDATION'S INCOME PROGRAM$150,000
Defy VenturesLos Angeles, CA501(c)(3)GRANT TO SUPPORT AARP FOUNDATION'S WORKFORCE PROGRAM$144,000
AarpWashington, DC501(c)(4)Charitable Work Conducted on Behalf of Aarp Foundation$143,028
Morehouse School of MedicineAtlanta, GA501(c)(3)GRANT TO SUPPORT AARP FOUNDATION'S ISOLATION PROGRAM$142,600
National Opinion Research CenterChicago, IL501(c)(3)GRANT TO SUPPORT AARP FOUNDATION'S ISOLATION PROGRAM$139,373
Greater Cleveland VolunteersCleveland, OH501(c)(3)GRANT TO SUPPORT AARP FOUNDATION'S EXPERIENCE CORPS PROGRAM$128,026
Metropolitan Family ServiceHillsboro, OR501(c)(3)GRANT TO SUPPORT AARP FOUNDATION'S EXPERIENCE CORPS PROGRAM$127,146
Seattle Jobs InitiativeSeattle, WA501(c)(3)GRANT TO SUPPORT AARP FOUNDATION'S WORKFORCE PROGRAM$119,000
All Hands and Hearts Smart Response IncMattapoisett, MA501(c)(3)Aarp Foundation Disaster Relief Grant$100,000
Feeding the Gulf CoastTheodore, AL501(c)(3)GRANT TO SUPPORT AARP FOUNDATION'S FOOD SECURITY PROGRAM$100,000
Legal Services of North FloridaTallahassee, FL501(c)(3)Aarp Foundation Disaster Relief Grant$100,000
Sequoia Living IncSan Francisco, CA501(c)(3)GRANT TO SUPPORT AARP FOUNDATION'S EXPERIENCE CORPS PROGRAM$100,000
South Alabama Volunteer Lawyers ProgramMobile, AL501(c)(3)Aarp Foundation Disaster Relief Grant$100,000
St Bernard ProjectNew Orleans, LA501(c)(3)Aarp Foundation Disaster Relief Grant$100,000
The Nonprofit Alliance FoundationWashington, DC501(c)(3)DONATION TO SUPPORT AARP FOUNDATION'S FOOD SECURITY PROGRAM$100,000
United Way of Greater Atlanta IncAtlanta, GA501(c)(3)GRANT TO SUPPORT AARP FOUNDATION'S EXPERIENCE CORPS PROGRAM$100,000
Wa State Com Action PshipOlympia, WA501(c)(3)Aarp Foundation Disaster Relief Grant$100,000
City of TempeTempe, AZGovtGRANT TO SUPPORT AARP FOUNDATION'S EXPERIENCE CORPS PROGRAM$92,359
Carver Community Organization IncEvansville, IN501(c)(3)GRANTS TO SUPPORT AARP FOUNDATION'S EXPERIENCE CORPS PROGRAM$92,206
Northwest Justice ProjectSeattle, WA501(c)(3)Aarp Foundation Disaster Relief Grant$90,000
Sc ThriveColumbia, SC501(c)(3)GRANT TO SUPPORT AARP FOUNDATION'S FOOD SECURITY PROGRAM$80,000
City of Casa GrandeCasa Grande, AZGovtDONATION TO SUPPORT AARP FOUNDATION'S EXPERIENCE CORPS PROGRAM$75,000
Read to Succeed Buffalo IncBuffalo, NY501(c)(3)GRANT TO SUPPORT AARP FOUNDATION'S EXPERIENCE CORPS PROGRAM$69,440
Agency on Aging of South Central CtNew Haven, CT501(c)(3)GRANTS TO SUPPORT AARP FOUNDATION'S EXPERIENCE CORPS PROGRAM$61,155
Alameda County Food BankOakland, CA501(c)(3)GRANT TO SUPPORT AARP FOUNDATION'S FOOD SECURITY PROGRAM$60,000
Parentis Health FoundationLaguna Hills, CA501(c)(3)GRANT TO SUPPORT AARP FOUNDATION'S EXPERIENCE CORPS PROGRAM$60,000
Sacramento Food Bank & Family ServicesSacramento, CA501(c)(3)GRANT TO SUPPORT AARP FOUNDATION'S FOOD SECURITY PROGRAM$60,000
San Francisco-marin Food BankSan Francisco, CA501(c)(3)GRANT TO SUPPORT AARP FOUNDATION'S FOOD SECURITY PROGRAM$60,000
Sacramento Chinese Community ServicesSacramento, CA501(c)(3)GRANT TO SUPPORT AARP FOUNDATION'S EXPERIENCE CORPS PROGRAM$59,177
Diocesan Housing Services CorporationCamden, NJ501(c)(3)GRANT TO SUPPORT AARP FOUNDATION'S ISOLATION PROGRAM$53,100
Council on Aging of West Florida IncPensacola, FL501(c)(3)Aarp Foundation Disaster Relief Grant$50,000
Dc Central KitchenWashington, DC501(c)(3)General Support and Sponsorship of the Dc Central Kitchen Food Fight$50,000
Grantmakers in AgingArlington, VA501(c)(3)General Support$50,000
Latino Community FoundationSan Francisco, CA501(c)(3)Aarp Foundation Disaster Relief Grant$50,000
Legal Aid of Sonoma CountySanta Rosa, CA501(c)(3)Aarp Foundation Disaster Relief Grant$50,000
Legal Services of Northern CaliforniaSacramento, CA501(c)(3)Aarp Foundation Disaster Relief Grant$50,000
Los Angeles Regional Food BankLos Angeles, CA501(c)(3)GRANT TO SUPPORT AARP FOUNDATION'S FOOD SECURITY PROGRAM$50,000
South Al Regional Planning CommissionMobile, AL501(c)(3)Aarp Foundation Disaster Relief Grant$50,000
United Way of Baldwin CountyFoley, AL501(c)(3)Aarp Foundation Disaster Relief Grant$50,000
United Way of Jackson CountyMedford, OR501(c)(3)Aarp Foundation Disaster Relief Grant$50,000
United Way of Lane CountySpringfield, OR501(c)(3)Aarp Foundation Disaster Relief Grant$50,000
United Way of West FloridaPensacola, FL501(c)(3)Aarp Foundation Disaster Relief Grant$50,000
The Childrens InitiativeSan Diego, CA501(c)(3)GRANT TO SUPPORT AARP FOUNDATION'S EXPERIENCE CORPS PROGRAM$49,313
Las BestLos Angeles, CA501(c)(3)GRANT TO SUPPORT AARP FOUNDATION'S EXPERIENCE CORPS PROGRAM$40,000
Jewish Community Housing CorpOrange, NJ501(c)(3)GRANT TO SUPPORT AARP FOUNDATION'S ISOLATION PROGRAM$37,100
Jersey City Housing AuthorityJersey City, NJGovt EntityGRANT TO SUPPORT AARP FOUNDATION'S ISOLATION PROGRAM$35,000
Substantial Classrooms Co Playworks Education EnergizedOakland, CA501(c)(3)GRANT TO SUPPORT AARP FOUNDATION'S WORKFORCE PROGRAM$30,600
California Community FdnLos Angeles, CA501(c)(3)Aarp Foundation Disaster Relief Grant$30,000
Root Cause CoalitionToledo, OH501(c)(3)General Support$30,000
Jefferson State Community CollegeBirmingham, ALGovt EntityGRANT TO SUPPORT AARP FOUNDATION'S BACK TO WORK 50+ PROGRAM$25,000
Lutheran Social Ministries NjBurlington, NJ501(c)(3)GRANT TO SUPPORT AARP FOUNDATION'S ISOLATION PROGRAM$20,500
Central Valley Com FdnFresno, CA501(c)(3)Aarp Foundation Disaster Relief Grant$20,000
Chicanos Por La CausaPhoenix, AZ501(c)(3)GRANT TO SUPPORT AARP FOUNDATION'S HOUSING PROGRAM$20,000
United Way of Central Georgia IncMacon, GA501(c)(3)GRANT TO SUPPORT AARP FOUNDATION'S EXPERIENCE CORPS PROGRAM$19,994
University of Maine SystemOrono, ME501(c)(3)GRANT TO SUPPORT AARP FOUNDATION'S WORKFORCE PROGRAM$15,000
Innovative Business Solutions LLCSchererville, INPrivate LLCGRANT TO SUPPORT AARP FOUNDATIONS' WORK FOR YOURSELF 50+ PROGRAM$13,050
City of PhoenixPhoenix, AZGovtGRANT TO SUPPORT AARP FOUNDATION'S EXPERIENCE CORPS PROGRAM$12,643
American Association of Community CollegesWashington, DC501(c)(3)Sponsorship for the Workforce Development Institute$10,000
The Community Foundation of Middle TnNashville, TN501(c)(3)Aarp Foundation Disaster Relief Donation$10,000
Volunteers of America National ServicesEden Prairie, MN501(c)(3)GRANT TO SUPPORT AARP FOUNDATION'S ISOLATION PROGRAM$9,300
United Methodist CommunitiesNeptune, NJ501(c)(3)GRANT TO SUPPORT AARP FOUNDATION'S ISOLATION PROGRAM$6,500
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
Yes

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$1,652,307
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Interested-Person Transactions

Interested PartyRelationshipDescriptionShared RevenueAmount
-Affiliated EntityGrantNo$143,028
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Charitable Gift Annuity Liability$3,263,793

Bond Issues

BondIssuerIssuedIssue PricePurpose
ADistrict of Columbia2004-10-21$25,000,000PURCHASE OF OFFICE SPACE

Bond Proceeds

BondTotal ProceedsSpentRetiredIssuance Costs
A$25,000,000$1,311,233--

Bond Financing Compliance

No rebate due
No
Rebate not yet due
No
Form 8038-T filed
No
Gross proceeds invested
No
Gross proceeds invested in GIC
No
Exception to rebate
No
Corrective action procedures
Yes
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
Yes
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
Yes
Key decisions subject to board approval
Yes
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 7A

The aarp board of directors appoints up to ten voting members of the aarp foundation board of directors. Up to four of the aarp foundation board members may be current aarp board members. The remaining board members shall be unaffiliated with aarp.

Form 990, Part VI, Section A, Line 7B

The aarp board of directors appoints up to ten voting members of the aarp foundation board of directors. Up to four of the aarp foundation board members may be current aarp board members. The remaining board members shall be unaffiliated with aarp. An aarp foundation board member may be removed, with or without cause, by formal action of the aarp foundation board of directors, designating a successor. The aarp foundation bylaws provide that no amendments to the bylaws adopted by the foundation may take effect until approved by the aarp board of directors.

Form 990, Part VI, Section B, Line 11B

The form 990 for aarp foundation ("foundation") is prepared by an outside consultant and reviewed by aarp foundation's cfo, president, and other internal reviewers. The form 990 is then provided to the aarp foundation board of directors. Once all reviews are complete, the return is electronically filed with the internal revenue service.

Form 990, Part VI, Section B, Line 12C

Annually, all board members and employees (including officers) are required to review the code of conduct, formally acknowledge their understanding of the code, and disclose any real or potential conflicts of interest. Disclosures are reviewed by appropriate management (or in the case of a board member, the board chair, and if necessary, the board of directors), and the ethics & compliance office. The appropriate resolution plan is implemented (for example, recusal from participating in any deliberations and decisions relevant to the disclosure). The ethics & compliance office monitors compliance with these requirements and ensures proper follow-up as needed.

Form 990, Part VI, Section B, Line 15A

Through its shared services agreement with aarp, aarp foundation participates in aarp's enterprise-wide compensation reviews. Aarp has a competitive position in the marketplace that considers relevant for-profit and not-for-profit data since this is the landscape in which aarp and its affiliates compete for talent. Establishing the appropriate compensation for positions and jobs considers external market pricing (where possible) from an independent, third party compensation consulting firm, internal criteria, and an individual's actual performance and contribution. Internal criteria is based on a standard approach that measures the internal value of positions, including: complexity and scope of responsibility, skill set and competencies, education and experience, and the reporting relationship of the position. An individual's actual performance and contribution is measured through aarp's performance management approach and then rewarded through aarp's annual base pay merit and incentive award programs. This process applies to all employees of the foundation including the president, cfo, and key employees. Based on the process described above, the aarp foundation board chair approves adjustments to the president's compensation package. The job performance of the cfo and other key employees are discussed annually with the strategy and governance committee.

Form 990, Part VI, Section C, Line 18

Aarp foundation makes its form 990 available for public inspection on its website and upon request to the aarp foundation's office of the cfo.

Form 990, Part VI, Section C, Line 19

Aarp foundation makes its audited financial statements available for public inspection on its website and upon request to the aarp foundation's office of the cfo.

Part VII, Sec. A, Officers, Key Employees and Highest Compensated Employees

Aarp foundation has a standard 40 hour work week and the average hours are disclosed on form 990. Officers, key employees, and highest compensated employees often work in excess of that amount.

Filing and Contact Details

Filer

Filer Name
Aarp Foundation
EIN
52-0794300
Phone
2024343399
Address
601 E STREET NW TAX DEPT, WASHINGTON, DC 20049

Signing Officer

Name
Lisa Marsh Ryerson
Title
President
Phone
2024343399
Signed
2021-11-09
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Lisa Marsh Ryerson
Formed
1961
Legal Domicile
Dc
Voting Board Members
10
Independent Board Members
10
Employees
345
Volunteers
38,598

Preparer

Firm
Andersen Tax LLC
Address
400 SOUTH HOPE STREET SUITE 1000, LOS ANGELES, CA 90071
Preparer
Parvin Van Enger
Phone
2135932300
Supplemental Narrative

Financial Statement Notes

PART V, LINE 4:

Board designated quasi-endowment the foundation's net assets without donor restrictions include amounts designated by its board of directors to function as a quasi-endowment fund. The foundation may spend the board-designated quasi-endowment in accordance with the spending policy approved by the board. Assets of both the donor-restricted and quasi-endowment funds are invested in a broadly diversified portfolio spread over multiple asset classes.

PART X, LINE 2:

Aarp foundation has determined that there are no material uncertain tax positions that require recognition or disclosure in the consolidated financial statements.

PART XI, LINE 4B - OTHER ADJUSTMENTS:

Investment expenses treated as contra revenue on fs 1,406,173. Investment expenses from k-1s included in unrealized gain on fs 753,696.

PART XII, LINE 4B - OTHER ADJUSTMENTS:

Investment expenses treated as contra revenue on fs 1,406,173. Investment expenses from k-1s included in unrealized gain on fs 753,696.

Raw XML AppendixShowing 400 of 2,094 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990/Form990PartVIISectionAGrp/TitleTxt10BOARD MEMBER (AS OF 6/10/20)
IRS990/Form990PartVIISectionAGrp/TitleTxt11BOARD / VICE CHAIR (UNTIL 6/10/20)
IRS990/Form990PartVIISectionAGrp/TitleTxt12BOARD MEMBER (AS OF 10/14/20)
IRS990/Form990PartVIISectionAGrp/TitleTxt13CFO & SENIOR VICE PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt14PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt15SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt16SVP & CHIEF DEVELOPMENT OFFICER
IRS990/Form990PartVIISectionAGrp/TitleTxt17SVP - LITIGATION
IRS990/Form990PartVIISectionAGrp/TitleTxt18SVP - AARP FDN PROGRAMS
IRS990/Form990PartVIISectionAGrp/TitleTxt19VP - FD INTEGRATION
IRS990/Form990PartVIISectionAGrp/TitleTxt20VP - DIRECT RESPONSE
IRS990/Form990PartVIISectionAGrp/TitleTxt21VP - CORP & FOUNDATION RELATIONS
IRS990/Form990PartVIISectionAGrp/TitleTxt22VP - FINANCE, GRANTS, & OPERATIONS
IRS990/Form990PartVIISectionAGrp/TitleTxt23VP - STRATEGY & INNOVATION
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/Form990TFiledInd01
IRS990/FormationYr01961
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/ConsolAndSepBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd00
IRS990/GainOrLossGrp/SecuritiesAmt04147926
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt010
IRS990/GovernmentGrantsAmt087516620
IRS990/GrantAmt057504270
IRS990/GrantsPayableGrp/BOYAmt08532978
IRS990/GrantsPayableGrp/EOYAmt08330839
IRS990/GrantsToDomesticIndividualsGrp/ProgramServicesAmt057909869
IRS990/GrantsToDomesticIndividualsGrp/TotalAmt057909869
IRS990/GrantsToDomesticOrgsGrp/ProgramServicesAmt011811762
IRS990/GrantsToDomesticOrgsGrp/TotalAmt011811762
IRS990/GrantsToIndividualsInd01
IRS990/GrantsToOrganizationsInd01
IRS990/GrantToRelatedPersonInd01
IRS990/GrossAmountSalesAssetsGrp/SecuritiesAmt0741719950
IRS990/GrossReceiptsAmt0924118567
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd01
IRS990/IndependentAuditFinclStmtInd01
IRS990/IndependentVotingMemberCnt010
IRS990/IndivRcvdGreaterThan100KCnt0111
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartIIIInd0X
IRS990/InfoInScheduleOPartVIIInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InformationTechnologyGrp/FundraisingAmt0239436
IRS990/InformationTechnologyGrp/ManagementAndGeneralAmt0289016
IRS990/InformationTechnologyGrp/ProgramServicesAmt05403797
IRS990/InformationTechnologyGrp/TotalAmt05932249
IRS990/InterestGrp/FundraisingAmt023536
IRS990/InterestGrp/ManagementAndGeneralAmt0139207
IRS990/InterestGrp/ProgramServicesAmt089656
IRS990/InterestGrp/TotalAmt0252399
IRS990/InvestmentIncomeGrp/ExclusionAmt015104564
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt015124937
IRS990/InvestmentIncomeGrp/UnrelatedBusinessRevenueAmt020373
IRS990/InvestmentInJointVentureInd00
IRS990/InvestmentsOtherSecuritiesGrp/BOYAmt05209704
IRS990/InvestmentsOtherSecuritiesGrp/EOYAmt06071530
IRS990/InvestmentsProgramRelatedGrp/BOYAmt06165767
IRS990/InvestmentsProgramRelatedGrp/EOYAmt05924718
IRS990/InvestmentsPubTradedSecGrp/BOYAmt0534768098
IRS990/InvestmentsPubTradedSecGrp/EOYAmt0587702333
IRS990/InvestTaxExemptBondsInd00
IRS990/IRPDocumentCnt0167
IRS990/IRPDocumentW2GCnt00
IRS990/JointCostsInd0X
IRS990/LandBldgEquipAccumDeprecAmt016629348
IRS990/LandBldgEquipBasisNetGrp/BOYAmt014997045
IRS990/LandBldgEquipBasisNetGrp/EOYAmt013553814
IRS990/LandBldgEquipCostOrOtherBssAmt030183162
IRS990/LegalDomicileStateCd0DC
IRS990/LessCostOthBasisSalesExpnssGrp/SecuritiesAmt0737572024
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0AARP FOUNDATION ADDRESSES SENIOR POVERTY BY SPARKING BOLD, INNOVATIVE SOLUTIONS THAT HELP VULNERABLE OLDER ADULTS BUILD ECONOMIC OPPORTUNITY AND SOCIAL CONNECTEDNESS - FOSTERING RESILIENCE, STRENGTHENING COMMUNITIES AND RESTORING HOPE. SEE SCHEDULE O.WE OPERATE AT THE INTERSECTION OF COLLABORATION, INNOVATION, LEGAL ADVOCACY AND GRANTMAKING, BY BRINGING TOGETHER INDUSTRY, GOVERNMENT, ACTIVISTS, AND VOLUNTEERS TO FORGE PRACTICAL APPROACHES THAT PAIR BRAINPOWER WITH SOME SERIOUS WILLPOWER.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt0534169334
IRS990/NetAssetsOrFundBalancesEOYAmt0581891825
IRS990/NetGainOrLossInvestmentsGrp/ExclusionAmt04067269
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt04147926
IRS990/NetGainOrLossInvestmentsGrp/UnrelatedBusinessRevenueAmt080657
IRS990/NetUnrelatedBusTxblIncmAmt042723
IRS990/NetUnrlzdGainsLossesInvstAmt034440602
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt0112088429
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt0130846601
IRS990/NoncashContributionsAmt0273248
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/FundraisingAmt0122513
IRS990/OccupancyGrp/ManagementAndGeneralAmt0244539
IRS990/OccupancyGrp/ProgramServicesAmt02703915
IRS990/OccupancyGrp/TotalAmt03070967
IRS990/OfficeExpensesGrp/FundraisingAmt023518
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt04311
IRS990/OfficeExpensesGrp/ProgramServicesAmt03060881
IRS990/OfficeExpensesGrp/TotalAmt03088710
IRS990/OfficerMailingAddressInd00

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$728$54.8$673$203$194$8.55
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$693$57.6$636$175$192$16.7
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$663$60.2$602$203$195$7.81
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$703$55.1$648$254$182$72.6
2020Detailed filing. Detailed filing data is available for this year.$637$54.6$582$187$173$13.3
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$599$64.8$534$296$187$108
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$439$52.8$387$282$171$111
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$381$57.1$324$274$178$96.2
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$267$51.9$215$297$163$134
2015XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$129$48.5$80.7$156$151$4.18
2014Detailed filing. Detailed filing data is available for this year.$136$55.4$80.6$147$145$2.07
2013Detailed filing. Detailed filing data is available for this year.$133$54.2$78.4$145$143$1.91
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$121$49.7$71.0$140
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$108$45.6$62.5$139
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$110$47.5$62.7$172