Nonprofit · EIN 52-0794300
AARP FOUNDATION
Tax-exempt · WASHINGTON, DC 20049
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $202,932,133 | $194,382,273 | $8,549,860 | $727,968,863 | $54,845,063 | $673,123,800 |
| December 31, 2023 | 990 | $175,249,637 | $191,925,498 | -$16,675,861 | $693,172,214 | $57,579,121 | $635,593,093 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $161,702,645
- of which government grants
- $103,834,115
- Program service revenue
- $382,911
- Investment income
- $40,788,745
- Net gain from sales of assets
- $29,064,585
- Other revenue
- $57,832
Expenses
- Grants and similar amounts paid
- $78,892,484
- Compensation of officers, directors and key employees
- $2,658,753
- Other salaries and wages
- $35,189,480
- Salaries, compensation and benefits (total)
- $46,368,884
- Professional fundraising fees
- $1,670,972
- Legal fees
- $782,335
- Accounting fees
- $176,000
- Occupancy
- $3,451,936
- Travel
- $1,400,260
- Depreciation
- $771,979
- Program services (functional)
- $152,239,405
- Management and general (functional)
- $18,270,325
- Fundraising (functional)
- $23,872,543
Balance sheet and other
- Total assets, start of year
- $693,172,214
- Total assets, end of year
- $727,968,863
- Total liabilities, end of year
- $54,845,063
- Net assets, end of year
- $673,123,800
- Land, buildings and equipment
- $9,890,024
- Publicly traded securities
- $337,328,814
- Net assets without donor restrictions
- $173,668,141
- Net assets with donor restrictions
- $499,455,659
- Gross unrelated business income
- $410,321
- Gross receipts
- $456,152,018
- Employees
- 368
- Volunteers
- 29,055
- Year formed
- 1961
- State of legal domicile
- DC
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended December 31, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| CLAIRE CASEY | PRESIDENT Trustee or director, Officer | 40 | $490,291 | $61,041 | $57,076 |
| PATRICIA D SHANNON | CFO & SENIOR VICE PRESIDENT Officer | 40 | $492,831 | $0 | $64,466 |
| EMILY S ALLEN | SVP - PROGRAMS Key employee | 40 | $386,451 | $0 | $57,723 |
| WILLIAM A RIVERA | SVP - LITIGATION Key employee | 40 | $363,132 | $10,405 | $48,456 |
| BRITTANY FEINSON | SVP - MARKETING & COMMUNICATIONS Key employee | 40 | $338,169 | $0 | $76,378 |
| JAMI WYATT | SECRETARY Officer | 1 | $0 | $333,112 | $73,612 |
| DEMETRIOS ANTZOULATOS | VP - FINANCE, GRANTS, & OPS Highest-paid employee | 40 | $320,498 | $0 | $71,849 |
| KELLY BAGBY | VP - LITIGATION Highest-paid employee | 40 | $296,136 | $2,358 | $57,613 |
| STEPHEN VENUTE | VP - CORP & FDN RELS (UNTIL 11/4/24) Highest-paid employee | 40 | $300,886 | $0 | $46,132 |
| MARC MCDONALD | VP - INTEGRATION (UNTIL 4/12/24) Highest-paid employee | 40 | $317,264 | $0 | $11,422 |
| MINDY FELDBAUM | DIRECTOR - PROGRAMS Highest-paid employee | 40 | $284,680 | $0 | $40,456 |
| SHELLEY GOODE | SVP & CHIEF DEV OFFICER (AS OF 4/1/24) Key employee | 40 | $225,856 | $0 | $42,669 |
| ALEXANDER VAN KEMENADE | SVP - IMPACT & ANALYTICS (AS OF 8/19/24) Key employee | 40 | $194,327 | $0 | $7,575 |
| ROSANNA MARQUEZ | BOARD MEMBER Trustee or director | 3 | $0 | $913 | $0 |
| BETTY J HUDSON | BOARD MEMBER Trustee or director | 3 | $0 | $0 | $0 |
12 more people on this return
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| NOREEN GILLEN | BOARD MEMBER Trustee or director | 3 | $0 |
| GREGORY J DYSON | BOARD MEMBER Trustee or director | 3 | $0 |
| ELAINE BOLTZ | BOARD MEMBER Trustee or director | 3 | $0 |
| SAILESH CHUTANI | BOARD MEMBER Trustee or director | 3 | $0 |
| ROBERT BLANCATO | BOARD MEMBER Trustee or director | 3 | $0 |
| PATRICIA BANKS | BOARD MEMBER Trustee or director | 3 | $0 |
| LOFTON HOLDER | BOARD MEMBER (AS OF 9/2024) Trustee or director | 3 | $0 |
| BETH CHANDLER | BOARD MEMBER (AS OF 9/2024) Trustee or director | 3 | $0 |
| ANN G DAW | BOARD MEMBER (UNTIL 6/2024) Trustee or director | 3 | $0 |
| LIBBY SARTAIN | CHAIR Trustee or director | 6 | $0 |
| SUSAN WERTH | VICE CHAIR (AS OF 6/2024) Trustee or director | 3 | $0 |
| DIANE D MILLER | VICE CHAIR (UNTIL 6/2024) Trustee or director | 3 | $0 |
990 for the year ended December 31, 2023: 24 people
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| David Whitehead | SVP & Chief Development Of Key employee | 40 | $642,908 | $28,733 | $55,273 |
| Patricia D Shannon | CFO & Senior Vice Presiden Officer | 40 | $463,762 | $0 | $56,926 |
| Claire Casey | President (as of 1/9/23) Trustee or director, Officer | 40 | $428,575 | $36,922 | $49,122 |
| Emily S Allen - SVP Programs | (Interim Pres. until 1/9/23) Key employee | 40 | $390,855 | $0 | $50,667 |
| William A Rivera | SVP - Litigation Key employee | 40 | $335,746 | $8,454 | $41,965 |
| Jami Wyatt | Secretary Officer | 1 | $0 | $315,604 | $65,153 |
| Demetrios Antzoulatos | VP - Finance, Grants, & Op Highest-paid employee | 40 | $298,511 | $0 | $63,005 |
| Stephen Venute | VP - Corp & Fdn Relations Highest-paid employee | 40 | $294,187 | $0 | $45,129 |
| Marc McDonald | VP - Integration Highest-paid employee | 40 | $283,978 | $0 | $52,505 |
| Patrick Landers | VP - Strategy & Innovation Highest-paid employee | 40 | $277,827 | $0 | $50,721 |
| Steven Delvecchio | VP - Direct Response Highest-paid employee | 40 | $223,035 | $63,127 | $36,079 |
| Rosanna Marquez | Board Member (as of 9/20/23) Trustee or director | 3 | $0 | $692 | $0 |
| Libby Sartain | Chair Trustee or director | 6 | $0 | $0 | $0 |
| Diane D Miller | Vice Chair Trustee or director | 3 | $0 | $0 | $0 |
| Patricia Banks | Board Member Trustee or director | 3 | $0 | $0 | $0 |
| Robert Blancato | Board Member Trustee or director | 3 | $0 | $0 | $0 |
| Elaine Boltz | Board Member (as of 6/8/23) Trustee or director | 3 | $0 | $0 | $0 |
| Sailesh Chutani | Board Member (as of 6/8/23) Trustee or director | 3 | $0 | $0 | $0 |
| Margot James Copeland | Board Member (until 8/16/23) Trustee or director | 3 | $0 | $0 | $0 |
| Ann G Daw | Board Member Trustee or director | 3 | $0 | $0 | $0 |
| Gregory J Dyson | Board Member Trustee or director | 3 | $0 | $0 | $0 |
| Noreen Gillen | Board Member (as of 6/8/23) Trustee or director | 3 | $0 | $0 | $0 |
| Betty J Hudson | Board Member Trustee or director | 3 | $0 | $0 | $0 |
| Susan Werth | Board Member Trustee or director | 3 | $0 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 601 E ST NW, WASHINGTON, DC 20049-0001
- In care of
- % TAX DEPT
- Principal officer (990 for 2024)
- CLAIRE CASEY, 601 E STREET NW A9-238, WASHINGTON, DC 20049
- Signed the 990
- CLAIRE CASEY, PRESIDENT
- Phone
- (202) 434-3399
- Website
- WWW.AARP.ORG/FOUNDATION
- Return prepared by
- ANDERSEN TAX LLC
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.
Program accomplishments
- ECONOMIC MOBILITY PROGRAMS PROVIDE DIRECT SERVICES NATIONWIDE TO OLDER ADULTS WITH LOW INCOME WHO ARE SEEKING TRAINING AND EMPLOYMENT. THIS INCLUDES THE SENIOR COMMUNITY SERVICE EMPLOYMENT PROGRAM (SCSEP), BACK TO WORK 50+, AND OTHER WORKFORCE DEVELOPMENT INITIATIVES, WHICH CONNECT UNEMPLOYED ADULTS AGE 55 AND OLDER WITH TRAINING OPPORTUNITIES, SKILL-BUILDING EXPERIENCES, AND EMPLOYMENT PATHWAYS THROUGH PARTNERSHIPS WITH LOCAL NON-PROFITS, PUBLIC AGENCIES, AND EMPLOYERS.Expenses $97,059,898 · grants $69,215,997
- 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 VOLUNTEERS. THIS INCLUDES AARP FOUNDATION TAX-AIDE, WHICH RELIES ON MORE THAN 28,000 VOLUNTEERS NATIONWIDE TO PROVIDE FREE TAX PREPARATION AND FILING ASSISTANCE, ESPECIALLY TO OLDER ADULTS WITH LOW TO MODERATE INCOME. TAX-AIDE VOLUNTEERS ARE TRAINED AND IRS-CERTIFIED ANNUALLY AND TYPICALLY HELP TAXPAYERS RECEIVE CLOSE TO $1 BILLION IN REFUNDS AND CREDITS EVERY YEAR. ADDITIONAL PROGRAMS INCLUDE EXPERIENCE CORPS, A COMMUNITY-BASED, PROGRAM THAT ENGAGES HIGHLY TRAINED VOLUNTEERS OVER 50 AS TUTORS AND MENTORS TO HELP K-3 STUDENTS BECOME BETTER READERS BY THE END OF THIRD GRADE.Expenses $23,269,613 · grants $1,580,922 · revenue $221,971
- LITIGATION PROGRAMS ENGAGE IN LITIGATION TO ENSURE THAT OLDER ADULTS HAVE A VOICE AND PROPER REPRESENTATION IN THE LEGAL SYSTEM. THE FOUNDATION'S ATTORNEYS FILE AND SUPPORT LAWSUITS THAT HAVE A SIGNIFICANT IMPACT ON SENIOR POVERTY BY REDUCING BARRIERS TO EMPLOYMENT, INCREASING ACCESS TO PUBLIC AND PRIVATE BENEFITS, AND PROTECTING CONSUMERS.Expenses $6,598,447
- FINANCIAL WELLBEING PROGRAMS PROVIDE SUPPORT TO HELP OLDER ADULTS WITH LOW INCOME MAXIMIZE THE PUBLIC BENEFITS FOR WHICH THEY ARE ELIGIBLE AND THEREBY IMPROVE THEIR FINANCIAL WELLBEING. THIS INCLUDES SERVICES THAT ENABLE OLDER ADULTS TO ENROLL IN THE SUPPLEMENTAL NUTRITION ASSISTANCE PROGRAM (SNAP) FOR FOOD ASSISTANCE, AS WELL AS MEDICAID, MEDICARE SAVINGS PROGRAMS, AND THE LOW-INCOME SUBSIDY PROGRAM TO AFFORD HEALTHCARE AND PRESCRIPTION MEDICATIONS.Expenses $8,791,477 · grants $3,698,530
- OTHER PROGRAMS AND SERVICES - THE FOUNDATION ACHIEVES ITS GOALS THROUGH VARIOUS OTHER PROGRAMMATIC ACTIVITIES DESIGNED TO ASSIST OLDER ADULTS, INCLUDING DISASTER RESPONSE, GRANTS TO OTHER NOT-FOR-PROFIT ORGANIZATIONS, AS WELL AS EXPENSES ASSOCIATED WITH MANAGING, DEVELOPING, AND EVALUATING THE SUCCESS AND IMPACT OF PROGRAMS.Expenses $16,519,970 · grants $4,397,035 · revenue $160,940
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 52-0794300
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (170(b)(1)(A)(vi))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 1963
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Human services (P81)
- Assets (IRS master file)
- $727,968,863
- Income (IRS master file)
- $456,152,018
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $202,932,133 | $194,382,273 | $727,968,863 | XML |
| 990-T | December 2024 | – | – | – | IRS |
| 990 | December 2023 | $175,249,637 | $191,925,498 | $693,172,214 | XML |
| 990-T | December 2023 | – | – | – | IRS |
| 990 | December 2022 | $203,216,966 | $195,405,209 | $662,653,314 | IRS |
| 990-T | December 2022 | – | – | – | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990-T | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990-T | December 2020 | – | – | – | IRS |
| 990 | December 2018 | – | – | – | IRS |
| 990 | December 2017 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 52-0794300).
Questions about AARP FOUNDATION
- What is the EIN of AARP FOUNDATION?
- The employer identification number (EIN) of AARP FOUNDATION is 52-0794300.
- Is AARP FOUNDATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1963.
- Are donations to AARP FOUNDATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does AARP FOUNDATION file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of AARP FOUNDATION due?
- The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did AARP FOUNDATION last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2024.
- Who is the principal officer of AARP FOUNDATION?
- The 990 for the year ended December 31, 2024 names CLAIRE CASEY.
- Who are the officers and directors of AARP FOUNDATION?
- The 990 for the year ended December 31, 2024 lists 27 people; 12 received compensation from the organization, the highest $490,291 (CLAIRE CASEY, PRESIDENT).
- How much revenue does AARP FOUNDATION have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $202,932,133, expenses of $194,382,273 and total assets of $727,968,863 at year end.
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