Ameriprise Financial Gives Nearly $2 million in Grant Funding to Help Families and Individuals in Need

In recognition of the firm’s 130^th anniversary, Ameriprise also donated an additional $130,000 to hunger relief organizations, providing more than one million meals to people in need

MINNEAPOLIS--(BUSINESS WIRE)-- Ameriprise Financial, Inc. (NYSE: AMP) today announced it recently donated nearly $2 million to nonprofits across the U.S. as part of its first-round of 2024 grants. In conjunction with its robust volunteer program, the company awards grant dollars to nonprofits twice annually to strengthen communities and help individuals meet their basic needs and find paths to financial independence.

“Too many Americans lack access to basic needs such as food, emergency shelter, and affordable housing -- as well as job training and employment opportunities that could help put them on a path to economic self-sufficiency,” said Jennifer Jones, vice president of community relations at Ameriprise. “We have a longstanding commitment to nonprofits that provide these essential resources to individuals and families in need. We are proud to continue our support and help our nonprofit partners strengthen and foster resilient communities.”

Highlights from Ameriprise’s First Round Grantee

Ameriprise is dedicated to leveraging its resources and talents to improve the lives of individuals and families while helping build strong communities.

A few grant highlights include:

• The Second Harvest Food Bank of Metrolina, Charlotte, N.C. provides nutritious meals to kids who are at risk of hunger when they are on summer break and no longer have access to school meals. The grant from Ameriprise Financial supports general operations for the food bank, making it possible for them to distribute more than 78 million pounds of food each year for approximately 3.8 million individuals.
• Lake Street Council, in Minneapolis, Minn. focuses on community development and revitalizing small businesses and fostering community growth through various projects and programs. The Lake Street Council received $20,000 from Ameriprise Financial to fund small business support programs. Founded in 1968, the Minneapolis nonprofit’s mission is to foster economic vitality and amplify Lake Street's vibrancy to create a thriving and livable commercial corridor.
• Founded in 1974, Rosie’s Place, in Boston, Mass. was the first women’s shelter in the United States. Today, their mission remains to provide a safe and nurturing environment for the more than 12,000 women who depend on their services for support, housing, and education services. Funding from Ameriprise Financial supports Rosie’s Place’s emergency and stabilization services, helping women meet their basic and critical needs and make a fresh start.
• American Corporate Partners (ACP) in New York, N.Y. is dedicated to helping Veterans and active-duty military members and their spouses transition to the private sector through one-on-one mentoring with business leaders. They believe that the biggest issue facing our returning service members is not unemployment – it’s underemployment. Since the start of the partnership, 87 Ameriprise mentors have supported over 130 proteges with their professional development.

130 years of strengthening communities at Ameriprise

In its 15-year partnership with Feeding America, Ameriprise has donated more than 125 million meals to people in need – and, in honor of its 130-year anniversary, the company has a goal of exceeding 130 million by the end of 2024. Ameriprise will also provide special ­­­grants to Feeding America and Global FoodBanking Network totaling $130,000. Read more about the company’s 130^th anniversary here.

About Ameriprise Financial Community Relations

Ameriprise Financial is dedicated to utilizing the firm’s resources and talents to improve the lives of individuals and build strong communities. Through grants, volunteerism and employee and advisor gift matching programs, the company supports a diverse group of over 8,100 nonprofits across the country. Ameriprise funds grants to local nonprofits twice annually—the next deadline is January 15, 2025 and guidelines are available on the firm’s website.

About Ameriprise Financial

At Ameriprise Financial, we have been helping people feel confident about their financial future for 130 years¹. With extensive investment advice, asset management and insurance capabilities and a nationwide network of 10,000 financial advisors, we have the strength and expertise to serve the full range of individual and institutional investors' financial needs.

© 2024 Ameriprise Financial, Inc. All rights reserved.

¹Company founded June 29, 1894.

View source version on businesswire.com: https://www.businesswire.com/news/home/20240722753670/en/

Alison Mueller, Ameriprise Public Relations

612-678-7183

Alison.g.mueller@ampf.com

Source: Ameriprise Financial, Inc.

FAQ

How much did Ameriprise Financial (AMP) donate in its first-round 2024 grants?

Ameriprise Financial (AMP) donated nearly $2 million in its first-round 2024 grants to nonprofits across the U.S.

What additional donation did Ameriprise (AMP) make for its 130th anniversary?

For its 130th anniversary, Ameriprise (AMP) donated an additional $130,000 to hunger relief organizations, providing over one million meals to people in need.

How many meals has Ameriprise (AMP) donated through its partnership with Feeding America?

Through its 15-year partnership with Feeding America, Ameriprise (AMP) has donated more than 125 million meals to people in need.

What is Ameriprise Financial's (AMP) meal donation goal for 2024?

Ameriprise Financial (AMP) aims to exceed 130 million meals donated by the end of 2024 in honor of its 130-year anniversary.