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.
Faced with costs that threatened the ongoing viability of their community, the Ursuline Sisters of the Central Province made the difficult decision to sell their motherhouse. With help from the Retirement Fund for Religious, they were able to identify new alternatives for eldercare and senior living that lower expenses while sustaining the sense of community so central to religious life.
Read their story (PDF).
The gold standard in retirement planning for religious communities is, of course, to lower costs while improving care and increasing long-term financial stability. Participation in Planning and Implementation Assistance, a program made possible by the Retirement Fund for Religious, enabled the USA Province of the Order of Friar Servants of Mary (Servites) to implement this much sought-after formula.
Read more (PDF).