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Jackson Awards $770,000 in Biannual Grants to Nonprofits Across Lansing, Nashville and Chicago
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Jackson National Life Insurance Company (NYSE: JXN) has announced a total of $770,000 in grants to nonprofits in Lansing, Michigan; Nashville, Tennessee; and Chicago, Illinois. This brings the company's total 2023 grant contributions to nearly $1.5 million, supporting initiatives to improve economic opportunities through education, training, housing, and community collaboration. Jackson has a biannual grant program and has contributed over $80 million in grants and matching gifts to nonprofits since 2007.
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LANSING, Mich.--(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.
What is the total amount of grants awarded by Jackson National Life Insurance Company in 2023?
Jackson National Life Insurance Company has awarded nearly $1.5 million in grants in 2023.
What are the initiatives supported by Jackson's grants?
Jackson's grants support initiatives to improve economic opportunities through education, training, housing, and community collaboration.
How can nonprofit organizations apply for a grant from Jackson?
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.
What is the purpose of the grant program at Jackson National Life Insurance Company?
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.
