The secret that is insurance industry philanthropy: Opinion
October 4, 2016 by Emily Holbrook
One may not think of insurance when pondering which industries are most charitable. I know I didn’t when I first started my career in this sector. But I soon learned the truth.
In fact, I’m constantly amazed at how much this industry gives back — and how little recognition it receives for it. Take these stats, for instance: Data from FoundationCenter.org lists Metlife and Prudential in the top 50 of most charitable U.S. companies in 2014. Bankers Life raised $500,000 for the Alzheimer’s Association last year. And the Insurance Industry Charitable Foundation (IICF) has contributed more than $23.5 million in local community grants and more than 200,000 volunteer hours since its inception in 1994.
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