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.
In the past year, the Foundation has made a $100,000 grant to COTS, which operates the largest homeless agency in Vermont; a $15,000 grant to the North Texas Food Bank; and a $25,000 grant to the Vermont Foodbank. In addition, grants have gone to more than 100 other agencies.
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.
At National Life, the story is simple: For more than 167 years they’ve worked hard to deliver on their promises to millions of people with the vision of providing peace of mind in times of need. National Life Group Foundation helps build healthy and vital communities by supporting organizations and initiatives that make a positive difference. Learn more at www.NationalLife.com.
