Evanston, Ill. (July 16, 2025) – Mather Foundation, an 84-year-old not-for-profit organization dedicated to creating Ways to Age WellSM, has received an upgraded bond rating from S&P Global Ratings.
S&P has improved Mather Foundation’s long-term bond rating from an “A+” stable outlook to an “AA-” stable outlook. This upgrade is a testament to the financial strength demonstrated by the growth of the investment portfolio and the solid performance of Mather’s Life Plan Communities. Notably, The Mather in Tysons, Virginia, the organization’s latest wellness-focused community opened in 2024 and repaid its construction debt ahead of schedule.