The American Council on Education (ACE) has successfully partnered with Sloan since 2003 in developing and administering the Sloan Faculty Career Flexibility Awards. Three rounds of the awards program have been completed, including awards focused on research universities, large master's universities, and liberal arts colleges. ACE proposes three main activities with this grant: pilot work with nine institutions of higher education in three types of institutions of higher education (three research, three large master's, and three liberal arts colleges) to understand further what they are doing for faculty pre- and post-retirement; an invitational conference that will involve teams comprised of administrators and faculty from the participating colleges and universities; and a new awards program to identify and recognize best practices regarding the culminating stages of faculty careers that meet the needs of both the institutions and the faculty members. Five winners in each of the three categories will be awarded $100,000 in recognition of their innovative efforts to provide effective faculty retirement practices.