Mather Lifeways Foundation is an independent non-profit foundation based in Evanston, Illinois. Established in 1941 by Alonzo Mather, the foundation focuses on providing a continuum of living and care for older adults. Mather Lifeways Foundation conducts applied research for professionals who serve older adults. Staffed by esteemed researchers, the Institute is an award-winning resource for research and information about wellness, aging, trends in senior living and successful aging service innovations. The assets of the foundation are managed by the board of directors.Mather Lifeways Foundation's investment portfolio is valued at $55.87 million, with investments in private equity and cash.