National Life Group has established an endowment to support our annual charitable giving through the National Life Group Foundation by seeding an investment fund of $20 million.
“Doing good is a vital part of our legacy as both a corporate citizen and as a mission-driven company,” said Mehran. “With this endowment, we ensure we will be able to do even more good for generations, fulfilling our vision: to bring peace of mind to everyone we touch.”
For more than 173 years, National Life has focused on bringing peace of mind to not only our policyholders but to the most vulnerable in the community as well. From simple acts of charity including delivery of immediate financial help to local flood victims to helping establish a world-class cancer treatment center to generating millions of dollars for nonprofits nationwide, the company — and you — have consistently stepped up to help those in need.
Now National Life has taken another substantial step toward serving and supporting its communities with a $20 million investment in securing the future of the National Life Group Foundation’s power for good.
“This endowment is an extraordinary example of National Life’s commitment to doing good in our communities,” said Beth Rusnock, president of the Foundation. “We’re thrilled by the strength it will give us to continue to do good for decades, as well as help accomplish our biggest goals: to help end childhood hunger and support children’s mental health.”
Though the Foundation budget will remain $2 million this year, investment earnings from the endowment sets us up to do good for many years to come.