December 01, 2016

Funding Sources

(The pdf for the issue in which this article appears is available for download: Bifocal, Vol. 38, Issue 2.)

 

Operating Budget

The Commission’s operating budget is made up of core funding from ABA general revenues that currently provide about 40% of the funds needed to run the Commission. The remainder comes from grants, contracts, and donations. The Commission’s funding totaled approximately $1.4 million as of September 2016, although revenues can vary considerably from year to year depending on the number and size of grants in any given year.

Private Donations

Growth of annual funding is a high priority for the Commission. Because of the uncertainty of the grant world, private donations have become an increasingly important leg of the Commission’s financial stool. As a program of the ABA Fund for Justice and Education, a 501(c)(3) charitable organization, the Commission is able to receive tax deductible donations and bequests via check, planned giving, or at https://americanbar.org/groups/law_aging/Donate.html.

The chart below shows the sources of the Commission’s funding as of September 2016.