Who Owns AARP?

AARP, formerly known as the American Association of Retired Persons, is a nonprofit organization in the United States. It focuses on issues affecting people aged 50 and older, providing a wide range of services and advocating for their interests. Understanding the ownership and structure of AARP can be complex, as it operates through several interconnected entities. This article will delve into the organization’s structure, its ownership model, and related aspects that might interest members and the general public.

AARP's Structure and Governance

Overview of AARP

AARP was founded in 1958 by Dr. Ethel Percy Andrus, a retired educator, with the mission to improve the quality of life for older Americans. Over the years, AARP has evolved into a powerful advocate for senior citizens, promoting issues ranging from healthcare and financial security to consumer protection and social engagement. Today, AARP serves over 38 million members, making it one of the largest and most influential nonprofit organizations in the U.S.

Is AARP Owned by Anyone?

AARP is not "owned" in the traditional corporate sense. Instead, it operates as a nonprofit organization, meaning it doesn't have shareholders or owners. Instead, AARP is governed by a volunteer board of directors. This board is responsible for setting the organization's strategic direction, overseeing financial health, and ensuring that the organization adheres to its mission and goals.

Key Entities within AARP

AARP's structure is made up of several entities, each with specific roles:

• AARP, Inc.: This is the primary nonprofit organization dedicated to social change and advocacy for older adults. It focuses on issues like health care, employment, and income security.

• AARP Services, Inc.: This for-profit subsidiary oversees the development of products and services for AARP members, such as insurance, travel services, and discounts. It enables the organization to generate revenue while ensuring that services align with AARP's mission.

• AARP Foundation: This charitable arm of AARP focuses on fighting poverty among older adults through education and program initiatives that improve housing, food security, and income stability.

AARP and Its Affiliates

AARP's affiliates include various organizations and subsidiaries designed to meet different aspects of its mission:

• AARP Publications (AARP Media): Responsible for AARP The Magazine and AARP Bulletin, which are key communication tools used for reaching members with news, advice, and resources.

• AARP Global Network: Fosters relationships and partnerships with international organizations to influence global policies affecting older adults.

Revenue and Financial Structure

How Does AARP Fund Its Operations?

AARP funds its operations through a combination of membership fees, royalties, and product sales. Let's examine these financial aspects more closely:

1. Membership Fees: Each AARP member pays an annual fee in exchange for access to the organization's benefits, publications, and advocacy resources. Membership fees account for a substantial portion of AARP's revenue.

2. Royalties and Licensing Fees: AARP Services, Inc. negotiates licenses with service providers (like insurance companies) to offer products under the AARP brand. The revenues from these licensing agreements contribute significantly to AARP's funding.

3. Advertisements and Sponsorships: While AARP is a nonprofit, its publications and events attract advertisers and sponsors who want to reach its vast member base.

Transparently Managed Funds

AARP is committed to transparency in its financial operations. It regularly publishes annual reports and financial statements, which disclose the organization’s revenues, expenses, and programs. By keeping its financial information public, AARP ensures accountability both to its members and the public.

Common Questions About AARP’s Ownership

How Does AARP Influence Policy?

AARP is renowned for its influential role in policymaking, given its large membership and strong advocacy initiatives. Understanding how AARP achieves this is crucial:

• Lobbying and Advocacy: AARP spends considerable resources on lobbying efforts to ensure that legislation aligns with the interests of older Americans. This activities cover areas like healthcare reform, social security, and consumer protection.

• Grassroots Mobilization: AARP engages its members through campaigns and initiatives, empowering them to voice their opinions to local and national policymakers.

Is AARP Biased or Politically Aligned?

One common misconception is that AARP is aligned with specific political parties. In reality, AARP maintains a nonpartisan stance. It advocates for issues based on the potential impact on older Americans rather than political affiliation:

• Policy Over Politics: AARP evaluates each issue based on its adherence to the organization's mission rather than political ideologies.

• Collaboration with Both Parties: AARP works with lawmakers from different political backgrounds to ensure broad support for its initiatives.

Understanding AARP Membership

What Are the Benefits of Joining AARP?

Membership in AARP offers a plethora of benefits targeted at individuals aged 50 and older:

• Access to Information and Resources: Members receive AARP The Magazine and AARP Bulletin, which provide insights into aging, health, financial planning, and lifestyle trends.

• Discount Programs: AARP negotiates discounts on travel, dining, and retail for its members, creating financial savings on everyday expenses.

• Advocacy: As a member, you support AARP's lobbying efforts, which push for policies that benefit older adults.

• Programs and Events: AARP offers programs on aging, tax preparation, and community engagement, empowering members with knowledge and opportunities.

How Can I Become More Involved with AARP?

Members looking to get more actively involved with AARP can explore various avenues:

• Volunteering: AARP relies on volunteers to support community programs and special projects.

• Local AARP Chapters: Engage with regional chapters for networking opportunities and local advocacy.

• Advocacy Campaigns: Participate in AARP campaigns to raise awareness about issues affecting seniors.

Conclusion

While AARP isn’t “owned” in a traditional sense, its structure as a nonprofit organization ensures it remains dedicated to its mission of enriching the lives of people aged 50 and over. With no shareholders to answer to, AARP's actions consistently aim to benefit its members and the broader older adult community. Through its comprehensive range of services, advocacy efforts, and community engagement, AARP continues to be a pivotal force in shaping policies and providing resources for older Americans. Whether you're curious about AARP's governance, financial structure, or want to engage more deeply with the organization, AARP represents a community committed to ensuring dignity, security, and fulfillment as we age. For those interested in learning more about specific aspects of AARP, visiting their official website or engaging with their resources can provide additional clarity and opportunities for involvement.