Allianz Global Investors Distributors has made another donation to the Foundation for Financial Planning to support the Foundation’s endowment and its work with nonprofit organizations. What is exciting about this gift, totaling $500,000, is that “individuals within Allianz Global have jumped in–MDs (managing directors) have given individually as well as the corporate [grant] so I imagine a good deal of this gift is coming out of individuals’ pockets–that’s pretty powerful,” says Jim Peniston, executive director of the Foundation for Financial Planning, based in Atlanta.
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