# AARP Foundation

AARP Foundation is an Endowment / Foundation based in Washington, United States.

## Overview

- **Organization type:** Endowment / Foundation
- **Headquarters:** Washington, United States
- **Region:** North America
- **Address:** 601 E Street NW, Washington, DC 20049
- **Founded:** 1961
- **Assets under management:** Undisclosed
- **Website:** aarpfoundation.org
- **LinkedIn:** https://www.linkedin.com/company/aarpfoundation1

## Regulatory record

- **Reports private funds:** No

## About

AARP Foundation was established in 1961. Its parent organization AARP supplies the underlying capital and governance structure. The endowment allocates 47 percent to long-only equities, 15 percent to fixed income, 14 percent to hedge funds and 22 percent to private assets. Confirmed holdings include HomeEXCEPT via the AARP Innovation Fund and Age Strong. Investments target Healthcare Services, FinTech and EdTech within North America. The foundation employs Goldman Sachs since 2012 and J.P. Morgan Asset Management since 2015 as investment advisors. It maintains memberships in the American Society on Aging and Gerontological Society of America. June 2025: Sponsored the Experience Corps National Meeting. The foundation operates as a 501(c)(3) affiliate of AARP with separate legal and grant-making structures. Mission-related investing incorporates ESG criteria focused on financial resilience for adults over 50.

## Sectors

- Healthcare Services
- Financial Inclusion
- Food & Nutrition
- Housing
- Workforce Development

## Questions

### How is AARP Foundation related to AARP?

AARP Foundation is a separate 501(c)(3) charitable affiliate of AARP, which is structured as a 501(c)(4) social welfare membership organization. The foundation focuses exclusively on reducing poverty among Americans aged 50 and older, while the parent organization engages more broadly in advocacy, member services, and commercial ventures through its wholly owned taxable subsidiary, AARP Services, Inc. The foundation's board and leadership have close ties to the parent entity's governance structure.

### What is the AARP Innovation Fund and who manages it?

The AARP Innovation Fund is an impact-venture investment vehicle co-managed by AARP Foundation and J.P. Morgan. It makes direct equity and equity-like investments in early-stage companies that build products and services for the aging population, including digital health, fintech accessibility, and caregiver-support platforms. This structure allows the foundation's venture allocation to align with its charitable mission rather than simply funding grants.

### Which sectors does the foundation explicitly target through its mission-related investing?

The foundation's impact and programmatic work targets the root causes of senior poverty, leading to a focus on digital health and chronic disease management, accessible fintech tools to combat elder financial exploitation, caregiver-support platforms, food-security solutions, affordable housing innovations, and workforce-retraining technology for older job seekers. The Innovation Fund screens for early-stage companies addressing these domains.

### Who runs investment decisions at AARP Foundation?

The foundation does not publicly disclose the names of its investment committee members or chief investment officer. Governance flows from a board of directors drawn from the broader AARP enterprise. Day-to-day management of the endowment and the J.P. Morgan co-managed Innovation Fund is handled by internal staff alongside external managers, but the specific decision-making principals are not a matter of public record.

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Last updated: 2026-07-10T01:53:32.000Z

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