National Life Group Foundation’s Annual Budget Increases To $1 MillionMontpelier, VT (October 3, 2016) - National Life Group Foundation's board of directors approved a 33 percent increase in its annual budget, raising to $1 million the amount of charitable grants the foundation will be able to award starting in 2017.
"The National Life Group Foundation is one of the important vehicles through which National Life Group lives its values of doing good, being good and making good." said Beth Rusnock, Foundation President. "By providing grants to qualifying nonprofits, we keep our promises to support our local communities. They, in turn, keep their promises to those they serve."
National Life formalized its philanthropic giving by establishing a charitable foundation in 2006. Since then, the Foundation has awarded $4.2 million in grants to nonprofits large and small, including $750,000 in 2016.
The National Life Group Foundation primarily makes grants in northern and central Vermont and in the Dallas, Texas, region, where the company has major operations. It also matches contributions up to $1,500 that employees make to nonprofits and it funds prize awards for the LifeChanger of the Year educator recognition program sponsored by National Life Group.
About National Life
At National Life, our story is simple: For more than 167 years we’ve worked hard to deliver on our promises to millions of people with our vision of providing peace of mind in times of need. It’s our cause, stemming from a deep passion to live our values to do good, be good and make good, every day. Learn more at National Life.
National Life Group Foundation helps build healthy and vital communities by supporting organizations and initiatives that make a positive difference.
For more information, contact Ross Sneyd, corporate communications, National Life Group, 802.229.3866
National Life Group® is a trade name of National Life Insurance Company, Montpelier, VT. founded in 1848, Life Insurance Company of the Southwest, Addison, TX., chartered in 1955, and their affiliates. Each company of National Life Group is solely responsible for its own financial condition and contractual obligations. Life Insurance Company of the Southwest is not an authorized insurer in New York and does not conduct insurance business in New York. Equity Services, Inc., Member FINRA/SIPC, is a Broker/Dealer and Registered Investment Adviser affiliate of National Life Insurance Company. All other entities are independent of the companies of National Life Group.