Allianz Life Gives $275,000 in Grants to Nonprofits Supporting Senior Services

Monday, January 23, 2017

Allianz Life Insurance Company of North America (Allianz Life®) announced that it renewed $275,000 in grants to Twin Cities area nonprofits that help enhance seniors’ quality of life. Through community programming and outreach, these organizations help seniors remain self-sufficient, offer community connections and provide education about elder financial abuse prevention. Since 2009, the Allianz Life Senior Services Grant Program has given more than $1.9 million to nonprofits serving seniors.

Grant recipients offer various assistance programs. Selected organizations provide basic needs support for the elderly, including: food, transportation, adaptive living, yard work and house painting. Other selected organizations help support elder financial abuse victims, provide resources to prevent elder financial abuse and offer assistance for caregivers.

In addition to giving grants to support seniors’ wellbeing, Allianz Life partners with the Better Business Bureau of Minnesota and North Dakota to provide the Safeguarding Our Seniors volunteer program. This program sends volunteers to senior or community centers to educate and encourage discussion on the topic of preventing elder financial abuse. To date, volunteers have given more than 70 presentations, providing information to more than 900 seniors.

“One of the primary goals of this grant program is to support nonprofits that enable local seniors to thrive and live as independently as possible,” said Allianz Life President and CEO Walter White. “These organizations improve the lives of many seniors in our community by providing resources that help them remain active, and tools to enable them to stay safe financially.”

Sixteen organizations received grants ranging from $10,000 to $35,000 including:

Note to editors:  Photograph available of Allianz Life President and CEO Walter White volunteering with employees during a yard cleanup program directed by Senior Community Services.

About Allianz Life Insurance Company of North America

Allianz Life Insurance Company of North America, one of FORTUNE’s 100 Best Companies to Work For in 2016, has been keeping its promises since 1896. Today, it carries on that tradition, helping Americans achieve their retirement income and protection goals with a variety of annuities and life insurance products. In 2015, Allianz Life provided a total of $2.4 billion in benefit payments that supported policyholders’ financial objectives. As a leading provider of fixed index annuities, Allianz Life is part of Allianz SE, a global leader in the financial services industry with 142,000 employees in more than 70 countries worldwide. More than 85 million private and corporate customers rely on Allianz knowledge, global reach, and capital strength to help them make the most of financial opportunities.