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The following Leadership Supporters have been instrumental in furthering AARP Foundation's work to raise awareness about the problems facing low-income older adults and to make a real difference in their lives. We consider them true collaborators in our efforts to help struggling older adults recapture the American Dream.
The following Impact Supporters have provided ongoing assistance to extend the reach of AARP Foundation's programs and services, creating a multiplier effect to tackle issues faced by older adults and across society.
AARP Auto Buying Program
Alice Shaver Foundation
Bank of America Charitable Foundation
Betty Lee and Dudley P. Digges Memorial Fund of the Baltimore Community Foundation
Collette Travel Services
Colonel Stanley R. McNeil Foundation
Deerbrook Charitable Trust
DC Promise Neighborhood Initiative
Dollar General Literacy Foundation
Family League of Baltimore
Investor Protection Trust
John T. Gorman Foundation
Johnson & Johnson Services, Inc.
Jones Lang LaSalle IP, Inc
NBC Sports Group
New York Life Insurance Co.
Office Depot Foundation
Open Society Institute - Baltimore
Paul and Pearl Caslow Foundation
Pelino Charitable Foundation
Regal Entertainment Group
Ronald H. Ringer Foundation
Simple Actions Family Foundation
Steans Family Foundation
The California Endowment
The City Fund
The Commonwealth Fund
The Keck School of Medicine of USC
The Kroger Company
The McLean Contributionship
The Morris and Gwendolyn Cafritz Foundation
The Patricia Kind Family Foundation
The Pew Charitable Trust
The Whiting-Turner Contracting Company
W.P & H.B. White Foundation
Wells Fargo Housing Foundation
William Penn Foundation
The following Community and National Partners have helped support AARP Foundation's efforts to make a tangible difference in older adults' lives in local communities and across the nation.
The Alliance to End Hunger
American Association of Community Colleges
American Library Association
Association for Enterprise Opportunity
Capital Impact Partners
College for America
Enterprise Community Partners
FINRA Investor Education Foundation
Habitat for Humanity
Joint Center for Housing Studies of Harvard University
National Association of Latino Community Asset Builders
The Root Cause Coalition
The Sustainability Consortium
Top Box Foods
After a class action lawsuit settles, if a non-active class member does not claim their amount of the settlement funds, funds may be disbursed via a cy presaward. A cy pres award is the distribution of money from a class action settlement to a charitable organization. See below for detailed cases and award amounts disbursed to AARP Foundation.
Harris et al v. Amgen Inc. et al
Harris v. Amgen was initially brought in the Central District of California over 10 years ago. In sum, the complaint in the case alleged that the fiduciaries of two retirement plans administered for the benefit of employees of the large pharmaceutical company Amgen, Inc., violated their fiduciary duties to the participants and beneficiaries of those retirement plans under ERISA by allowing investment in company stock during a time when they knew or should have known that company stock was unreasonably risky. The company’s stock price eventually suffered a significant although not dramatic decline, and the company’s retirement plans were damaged in connection with their investment in company stock. After several district court dismissals followed by successful appeals the Ninth Circuit -- and two trips to the Supreme Court -- the parties settled the case in its entirety in early 2017 for $2.75 million as well as several non-monetary benefits including structural reforms to the retirement plans of the company. The cash amount of the settlement, less costs and fees, was distributed last year. Following that distribution, a balance remained in the Settlement Fund due to uncashed checks. These funds were distributed to AARP Foundation. This case was litigated by Gainey McKenna & Egleston and Wolf Haldenstein.
Toll-free Nationwide: 1-800-775-6776
Toll-free TTY: 877-434-7598
AARP Foundation Tax ID: 52-0794300
AARP Foundation earns a high rating for accountability from a leading charity evaluator.
Eighty-one cents of every dollar we spend goes toward programs and services that help low-income older adults. We have met every one of the Better Business Bureau’s 20 Standards for Charity Accountability.
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