Communities
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 about how RFR programs help religious communities care for senior members.
The Midwest Augustinians
Chicago, Illinois
The Midwest Augustinians faced a challenge common among religious communities today—an outdated and costly facility that no longer met the needs of senior members. Planning and Implementation Assistance, made possible by the Retirement Fund for Religious, enabled the Augustinians to determine the best solution to their property issue and to develop a new approach to elder care. Today, well elders live with active friars at houses throughout the province. Friars requiring assisted or skilled care reside at a nearby retirement facility, where the Augustinians have established a unique canonical community. Now all elders, regardless of their level of care, are able to live in community.