June 2008

Putting Seniors on the Payroll

Placed through ReServe, a Trust-funded group that connects elders like Len with nonprofits that need them, he gives directions, history, and advice to downtown visitors.

When professionals leave the workplace for a well-earned retirement, some want to continue to feel the satisfaction of a day's work—and some need to keep earning money. With a lifetime of professional skills, these seniors can provide nonprofits and government agencies with invaluable help.

ReServe Elder Service recruits and matches retirees with experience in law, social service, education, and business with the right organization. But finding a good fit is only the first challenge; making sure the volunteer is being effectively and efficiently used is the second. One factor in ReServe's success has been paying stipends of up to $10 per hour—leading to better use of the volunteers, greater satisfaction, and higher retention. Our $50,000 grant will enable its business manager to continue managing the payroll for these volunteers, as well as increase recruitment efforts—making more seniors aware of these great opportunities.

Watch a 10/17/09 video on one woman's work through ReServe, produced by the Wall Street Journal >>