STOCK TITAN

Ameriprise Financial Hosts Nationwide Volunteer Events in Partnership with Feeding America® to Help People Experiencing Hunger

Rhea-AI Impact
(Low)
Rhea-AI Sentiment
(Positive)
Tags
partnership

The company also made 97 grants totaling nearly $2 million to support local communities

MINNEAPOLIS--(BUSINESS WIRE)-- Ameriprise Financial (NYSE: AMP) in partnership with Feeding America®, is bringing together its employees, advisors and clients to make a collective impact in the mission to end hunger. As part of the company’s twice-annual National Days of Service, Ameriprise volunteers will pack meal kits, stock shelves, sort food and host virtual food drives to support the nearly 34 million people in America – including nine million children – experiencing hunger.

“As the calendar turns to June, children across the country look forward to a break from school and their routines,” said Brian Pietsch, head of community relations at Ameriprise. “For the families who count on school meals, summer can mean three long months of worrying about whether they’ll have enough to eat. For nearly a decade, we’ve hosted volunteer events in June to help ease the pressure families face as school winds down. Our employees, advisors and clients are fiercely committed to their communities and when they rally around a common purpose, the impact is incredible.”

“We’ve done the research and have found that hunger touches every single community across the country,” said Lauren Biedron, senior vice president of corporate partnerships at Feeding America. “We are grateful to organizations like Ameriprise that have been long-time supporters of hunger relief. They are helping us build the foundation to make our vision – an America without hunger – a reality.”

Ameriprise Gives Nearly $2 Million in Grants to Nonprofits

In conjunction with its National Days of Service, Ameriprise announced nearly $2 million in grants to 97 nonprofits across the country. The company awards grants twice annually to nonprofits focused on providing essentials to families, creating vibrant communities and engaging Ameriprise volunteers.

Recent grant recipients include:

Summit Academy OIC in Minneapolis, Minn.

Summit Academy OIC is an accredited nonprofit Career and Technical Education Institute. Their programs provide low-income individuals with access to STEM concepts, hands-on job training and employment opportunities. Program participants are empowered to increase their earning potential and become contributing citizens in their communities, as well as economic drivers of the state.

Minnesota Orchestral Association in Minneapolis, Minn.

Since 1903, the Minnesota Orchestra has engaged and enriched the community. Offering 175 concerts each year, the ensemble reaches 250,000 people live and nearly 3 million others watch or listen to concerts on the radio, television, streaming platforms and the Minnesota Orchestra’s website. The 2023-24 season debuts music director Thomas Søndergård, who continues the 100-year tradition of Young People’s Concerts for students. Ameriprise is a proud sponsor of this program, which annually serves more than 30,000 students from schools throughout the region, often providing their first encounter with a professional classical music performance.

Greater Boston Food Bank

The Greater Boston Food Bank is the largest hunger-relief organization in New England and one of the biggest food banks in the country. As the food bank for Eastern Massachusetts, they feed people in 190 towns across the region, distributing the equivalent of nearly 90 million meals through a network of 600 dedicated food distribution partners and programs.

Neighborhood Housing Services of Queens CDC, Inc. in Woodside, N.Y.

Neighborhood Housing Services of Queens collaborates with the government, local businesses and residents to help low-to-moderate income families continue to live in Queens by sustainably achieving or preserving homeownership. Their BA:LANCE Financial Education and Workforce program creates a path to financial stability by educating participants on the importance of financial knowledge. Last year, they counseled more than 2,700 neighbors about homeownership, budgeting, credit repair, foreclosure prevention, home rehab, rental assistance and workforce development.

About Ameriprise Financial

At Ameriprise Financial, we have been helping people feel confident about their financial future for more than 125 years. With extensive investment advice, asset management and insurance capabilities and a nationwide network of approximately 10,000 financial advisors, we have the strength and expertise to serve the full range of individual and institutional investors' financial needs.

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 8,000 nonprofits across the country. The company also has a longstanding commitment to volunteerism. Each year, the firm’s employees are eligible for the eight hours of paid time off to volunteer. In 2022, the firm’s employees and advisors collectively spent nearly 64,000 hours volunteering in communities across the country.

About Feeding America

Feeding America® is the largest hunger-relief organization in the United States. Through a network of more than 200 food banks, 21 statewide food bank associations, and over 60,000 partner agencies, food pantries and meal programs, we helped provide 6.6 billion meals to tens of millions of people in need last year. Feeding America also supports programs that prevent food waste and improve food security among the people we serve; brings attention to the social and systemic barriers that contribute to food insecurity in our nation; and advocates for legislation that protects people from going hungry. Visit www.feedingamerica.org, find us on Facebook or follow us on Twitter.

Alison Mueller, Media Relations

612-678-7183

Alison.g.mueller@ampf.com

Source: Ameriprise Financial

Ameriprise Financial, Inc.

NYSE:AMP

AMP Rankings

AMP Latest News

AMP Stock Data

54.61B
96.83M
0.17%
87.25%
1.16%
Asset Management
Investment Advice
Link
United States of America
MINNEAPOLIS