Each year, the Retirement Fund for Religious (RFR) provides funding to hundreds of eligible religious communities to help underwrite the day-to-day care of senior members and to bolster retirement savings. Special consultative and financial support is also available for communities with critical shortages in retirement funding.
Below, click on a photo to read how RFR programs help religious communities care for senior members.
Donations to the Retirement Fund for Religious (RFR) help religious communities address immediate needs and engage in long-range retirement planning. Financial and consultative support, made possible by the RFR, helped the Apostles of the Sacred Heart of Jesus of Hamden, Connecticut, to renovate their retirement facility so it is safer for their elder sisters. This assistance also enabled them to identify additional sources of revenue to help offset retirement costs, ensuring ongoing viability for their congregation and ministries.
Learn more (PDF).
In 2009, the Benedictines of Subiaco Abbey were among the first religious communities to enter Planning and Implementation Assistance, a program of consultative and financial support made possible by the Retirement Fund for Religious. Since completing the process, the community has continued to expand long-term planning efforts and has undertaken a successful capital campaign. The resulting retirement strategy ensures quality care for senior members while promoting continued viability for the Subiaco Benedictines and their ministries.
Read their story (PDF).