Foundation uses funds to award grants to local charities and nonprofits that enhance quality of life for the underserved
FREDERICK, MD / ACCESSWIRE / January 24, 2019 / Legal & General America (LGA), a top ten U.S. life insurer, today announced that it helped raise $65,850 for the philanthropic arm of the National Association of Independent Life Brokerage Agencies (NAILBA) - the NAILBA Charitable Foundation. Proceeds were raised during NAILBA's primary fundraising event hosted at its annual member conference in October, allowing the Foundation to provide grants to local charities and non-profit organizations that enhance the overall quality of life for the underserved.
LGA, a charter member of the NAILBA Charitable Foundation, sponsored a $5,000 raffle prize during the fundraiser and offered to match $50 donations up to $25,000 to encourage members to give. This promotion raised $35,850, and the $5,000 raffle prize was generously donated back to the Foundation by winner Gerald Hartman of Insurance Network America, Inc. This, paired with LGA's matching funds, contributed to the total amount raised - more than $65,000.
'This year's event was an amazing display of giving by generous members of NAILBA, and Legal & General America is proud to have played a role in another successful fundraiser hosted by the Foundation,' said Patrick Bowen, SVP, Distribution, LGA and member of the NAILBA Charitable Foundation Board. 'Taking care of families when they need it most is a core value we share with the NAILBA Charitable Foundation. We look forward to seeing the impact these funds will have on local member nonprofits that so effectively serve their communities.'
Since 2002, the NAILBA Charitable Foundation has encouraged volunteerism and provided grants for charitable programs in the communities of NAILBA's member agencies and corporate partners.
'We truly appreciate the continued support from Legal & General America. The generosity of industry partners such as LGA empowers the NAILBA Charitable Foundation to help make a difference in the communities our members serve,' said Robin Landers, incoming president of the NAILBA Charitable Foundation.
This announcement comes shortly after LGA announced its annual Charitable Giving Campaign, which raised over $952,000 with the help of the local Frederick community. For more information, visit www.lgamerica.com.
About Legal & General America
Legal & General America (LGA) is part of the worldwide Legal & General Group. For nearly 70 years, the Legal & General America companies have been in the business of providing financial protection through life insurance for American families. The Legal & General America companies are Banner Life Insurance Company and William Penn Life Insurance Company of New York. With more than $53 billion in new coverage issued in 2017, LGA is ranked in the top ten of U.S. life insurers and ended 2017 with in excess of $703 billion of coverage in force with 1.3 million U.S. customers. LGA shares Legal & General's independent financial strength ratings: A+ Superior from A. M. Best and AA- Very Strong from Standard and Poor's and Fitch. To learn more, visit lgamerica.com.
About The NAILBA Charitable Foundation
The NAILBA Charitable Foundation is the philanthropic arm of the National Association of Independent Life Brokerage Agencies, the trade association representing independent wholesale brokerage distribution. The NAILBA Charitable Foundation is a registered 501(c)(3) charitable organization that receives gifts mainly, but not exclusively, from the membership of NAILBA and its industry partners. The mission of the NAILBA Charitable Foundation is to encourage volunteerism among the NAILBA membership and provide grant funds to worthy charitable organizations with limited resources in local communities served by its member agencies, with a special emphasis on those that enhance the quality of life for children. For more information visit www.nailbacharitablefoundation.org.
Media Contact
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michelle@calibercorporate.com
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SOURCE: Legal & General America
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