The Archstone Foundation is a private grantmaking organization, whose mission is to contribute towards the preparation of society in meeting the needs of an aging population.



Fiscal years 2002 and 2003 brought forth many challenges for our nation, states and communities. The threat of terrorism, the downturn in the economy and war impacted us all. The marketplace was of particular threat to philanthropy, negatively impacting our endowments, especially at a time when our resources are most needed by the communities we serve. As we look to the future, many problems still loom before us. The State of California faces a $38 billion budget shortfall. While the impact is still unknown, there remains great concern over the future of many health and aging services for the State's older population - over 3.5 million Californians aged 65 and over.