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The Retirement Fund for Religious (RFR) distributes grants to religious institutes for the retirement needs of senior religious priests, brothers, and sisters. The fund also helps religious institutes plan and manage their retirement needs and programs. Catholic sisters, brothers and religious order priests—collectively known as women and men religious—have selflessly served for decades without significant financial compensation. However, due to escalating health-care costs, numerous U.S. religious communities face a substantial gap between their elderly members’ needs and the financial resources available for their care. Many religious orders currently experience insufficient retirement savings. These funds from the Retirement Fund for Religious collection provided financial assistance for retirement needs for 297 U.S. religious communities, including the Sisters of the Order of St. Basil the Great. To learn more about the CCC and the projects it supports, visit www.retiredreligious.org. Click here to donate!
