CAPS is funded by the Division of Social and Behavioral Research of the National Institute on Aging (NIA) and support from the University of Texas Office of the Vice President for Research, the Office of the Provost, the College of Liberal Arts, the College of Natural Sciences and the Population Research Center. It is one of 12 aging research centers in the U.S., coordinated by the Centers on the Demography & Economics of Aging and Alzheimer's Disease and Alzheimer's Related Dementias.

In partnership with UT Austin’s Population Research Center, CAPS provides high-quality services, resources, specialized programming, and leadership to facilitate large-scale, population-based aging research.