MINNEAPOLIS--(BUSINESS WIRE)-- Ameriprise Financial, Inc. (NYSE: AMP), along with its employees and advisors, donated $15 million and logged 77,000 volunteer hours at nonprofits across the country in 2017. In keeping with its longstanding philanthropic priorities, the company focused on supporting causes that provide basic needs, like food and shelter, and helping foster vibrant communities. Through its national partnership with Feeding America® and other hunger-relief organizations, the company provided more than 8.8 million meals to families and individuals facing hunger in 2017.
“While the U.S. economy has continued to improve, there are still many Americans who rely on nonprofits for necessities like food and shelter,” said Brian Pietsch, head of community relations at Ameriprise. “Our employees and advisors recognize the need in communities across the U.S. and are dedicated to making a difference.”
Employees and advisors committed to helping their communities
Ameriprise promotes a culture of community involvement, which is embraced by its employees and advisors. In addition to organizing volunteers at hundreds of events each year, the firm encourages all eligible employees and advisors to give generously and double the impact of donations to their favorite nonprofits through a dollar-for-dollar corporate match. In 2017, more than 75 percent of employees took part in the firm’s annual giving campaign, far surpassing the 31 percent national average participation rate at companies with workplace giving campaigns.
Corporate grants help sustain and rebuild vibrant neighborhoods
Ameriprise awarded 192 grants to nonprofits that help build stronger communities in 2017, including a $100,000 grant split equally between Feeding America and the American Red Cross in support of hurricane disaster relief. Additional highlights of the grants awarded in 2017 include:
- Meals on Wheels America in Arlington, Va.
Meals on Wheels America supports the more than 5,000 community-based programs across the country dedicated to addressing senior hunger and isolation. Currently, one in six seniors struggles with hunger—with the population expected to double by 2050. For millions of Americans, Meals on Wheels is the difference between remaining in their own homes and needing to relocate to a nursing facility. The nutritious meal, friendly visit and safety check from volunteers help them cope with the three biggest threats of aging: hunger, isolation and loss of independence. For more information, or to find a Meals on Wheels provider near you, visit mealsonwheelsamerica.org.
- Museum of Art in Dallas, Texas
Established in 1903, the Dallas Museum of Art (DMA) is among the 10 largest art museums in the country and is distinguished by its commitment to research, innovation and public engagement. At the heart of the Museum and its programs is its global collection, which encompasses more than 24,000 works and spans 5,000 years of history, representing a full range of world cultures. Located in the nation’s largest arts district, the Museum acts as a catalyst for community creativity, engaging people of all ages and backgrounds with a diverse spectrum of programming, from exhibitions and lectures to concerts, literary events, and dramatic and dance presentations. Since the Museum’s return to free general admission in 2013, the DMA has welcomed more than 3.2 million visitors.
- LA Family Housing in North Hollywood, Calif.
LA Family Housing is the lead organization for a network of more than 65 agencies that coordinate services for homeless individuals in the San Fernando Valley region. Los Angeles County experienced a 17 percent increase in the number of homeless individuals between 2013 and 2016, with more than 7,300 people living on the street. Last year, LA Family Housing moved more than 1,300 people into permanent housing and 1,000 more individuals into their affordable housing properties.
Ameriprise funds grants to local nonprofits twice annually—the next deadline is May 15 and guidelines are available on our website.
About Ameriprise Financial Community Relations
Ameriprise Financial is dedicated to utilizing the firm’s resources and talents to improve the lives of individuals and build strong communities. Through grantmaking, volunteerism and employee and advisor gift matching programs, the company supports a diverse group of nearly 6,600 nonprofits across the country. By targeting our grantmaking, we can make the most of our resources and engage our people to make a collective impact with greater benefit for communities.
About Ameriprise Financial
At Ameriprise Financial, we have been helping people feel confident about their financial future for more than 120 years. With a nationwide network of 10,000 financial advisors and extensive asset management, advisory and insurance capabilities, we have the strength and expertise to serve the full range of individual and institutional investors’ financial needs. For more information, visit ameriprise.com.
© 2018 Ameriprise Financial, Inc. All rights reserved.
Contacts
Ameriprise Financial
Alison Mueller, Media Relations, 612-678-7183
alison.g.mueller@ampf.com
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