The Retirement Fund for Religious helps religious communities care for senior members—today and tomorrow.
Lack of Funds
Many elder religious worked for years for small stipends, leaving a large gap in retirement savings. At the same time, fewer religious are able to serve in compensated ministry.
Like many Americans, religious communities face the monumental challenge of funding eldercare.
By 2027, retired religious are projected to outnumber wage-earners by more than three to one.
millionhas been distributed since 1989.
390religious communities received funding in 2017.
32,175religious past age 70 benefit from the RFR.
80 to 90 percent of donations to the Retirement Fund for Religious are allocated to assist with the direct care of senior religious. Learn More.
Volunteer consultants provide hands-on support for retirement planning and maximize the impact of donations. Learn More.
Proceeds from the Retirement Fund for Religious underwrite educational programs and resources that promote comprehensive retirement planning and enhanced quality of life for aging members. Learn More.
“When I was in first grade, we had a good Irish pastor. He would ask our class who wanted to be a sister, and all the girls would raise their hands,” says Sister Mary Sheila Fay, 84, a member of the Sisters of Notre Dame in Thousand Oaks, California.Read more
Recently, the National Religious Retirement Office (NRRO) distributed $25 million to 390 religious communities across the United States. The funding is provided by donations to the Retirement Fund for Religious collection.Read more