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Approximately, 93 percent of donations are used to address retirement needs in religious communities.
Financial Statement (PDF)
The 2010 collection enabled the National Religious Retirement Office to distribute $23 million in Direct Care Assistance (formerly Basic Grants) to 469 religious institutes. An average of $884 was awarded for every sister, brother, and religious order priests past age 70.
In 2010, $618,795 was distributed to 15 religious communities in the form of Planning Assistance. Awards ranged from $25,000 to $102,000. Additionally, 10 communities received a total of $2,162,840 in the form of Implementation Assistance. Awards ranged from $40,000 to $649,000.
Management and Continuing Education Assistance helped support financial forecasting, strategic planning, workshop participation, and continuing education related to financial management, development, and elder care. The NRRO distributed $110,189 in Management and Continuing Education Assistance during 2010.