Jackson Awards $770,000 in Biannual Grants to Nonprofits Across Lansing, Nashville and Chicago
05 Dicembre 2023 - 10:05PM
Business Wire
Jackson National Life Insurance Company® (Jackson®), the main
operating subsidiary of Jackson Financial Inc.1 (NYSE: JXN), today
announced it has awarded $770,000 to nonprofits serving the
communities where Jackson has offices: Lansing, Michigan;
Nashville, Tennessee; and Chicago, Illinois. The announcement is
part of Jackson’s biannual grant program and brings the company’s
total 2023 grant contributions to nearly $1.5 million. The grants
support various nonprofit initiatives including efforts to improve
economic opportunities through education, training, housing and
community collaboration.
“As a financial services firm, Jackson knows work readiness,
financial education, and homeownership are critical tools for
building wealth and providing stability for families,” said
Danielle Robinson, Assistant Vice President, Corporate
Philanthropy, Jackson. “These are just a few of the key issues our
recent grant recipients are addressing across the communities where
our associates live and work.”
Among the grant recipients is Michigan State University
Extension in East Lansing, which provides financial education
around budgeting, credit, student loans, identity theft, wealth
building and retirement. Through customized sessions, the program
meets clients’ needs in collaboration with educational trainings
provided to social service partners to collectively reach thousands
of individuals with financial and housing education.
Jackson is also proud to award grant funding to Rebuilding
Together Nashville which restores, rebuilds and performs essential
repairs to help low-income residents in the greater Nashville area
remain in their homes. Jackson’s grant funding supports Rebuilding
Together in providing critical home repairs at no cost for
community members on fixed incomes so they can safely continue to
live in their long-term homes and neighborhoods.
The North Lawndale Employment Network is one of the
Chicago-based Jackson grant recipients. The organization helps
residents develop skills and behaviors to improve their ability to
successfully navigate the job market, close educational gaps,
secure sustained employment and improve household economic
conditions. The grant continues Jackson’s support of North Lawndale
Employment Network, which included nearly 100 Jackson associates
volunteering more than 240 hours throughout this past summer.
Jackson’s biannual grant program is a vital component of its
corporate philanthropy efforts through which the company has
contributed more than $80 million in grants and matching gifts to
nonprofits since 2007. In addition, Jackson’s associates volunteer
thousands of hours annually with charities nationwide, and more
than 70 associates served on nonprofit boards of directors during
2023.
Nonprofit organizations in the Lansing, Chicago or Nashville
area interested in applying for a grant from Jackson are encouraged
to submit an application through the company’s website.
ABOUT JACKSON
Jackson® (NYSE: JXN) is committed to helping clarify the
complexity of retirement planning—for financial professionals and
their clients. Through our range of annuity products, financial
know-how, history of award-winning service* and streamlined
experiences, we strive to reduce the confusion that complicates
retirement planning. We take a balanced, long-term approach to
responsibly serving all our stakeholders, including customers,
shareholders, distribution partners, employees, regulators and
community partners. We believe by providing clarity for all today,
we can help drive better outcomes for tomorrow. For more
information, visit www.jackson.com.
*SQM (Service Quality Measurement Group) Contact Center Awards
Program for 2004 and 2006-2022, for the financial services industry
(To achieve world-class certification, 80% or more of call-center
customers surveyed must have rated their experience as very
satisfied, the highest rating possible).
Jackson® is the marketing name for Jackson Financial Inc.,
Jackson National Life Insurance Company® (Home Office: Lansing,
Michigan) and Jackson National Life Insurance Company of New York®
(Home Office: Purchase, New York).
1 Jackson Financial Inc. is a U.S. holding company and the
direct parent of Jackson Holdings LLC (JHLLC). The wholly-owned
direct and indirect subsidiaries of JHLLC include Jackson National
Life Insurance Company, Brooke Life Insurance Company, PPM America,
Inc. and Jackson National Asset Management, LLC.
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Patrick Rich patrick.rich@jackson.com
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