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NAILBA Raises $150,000 For Charity

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Members of the National Association of Independent Life Brokerage Agencies had fun for a good cause this weekend in Dallas, during the group’s annual meeting.

NAILBA, Fairfax, Va., says members raised $100,000 for an affiliated foundation during a silent auction.

The items sold included a 1957 Chevy Bel Air.

Genworth Financial Inc., Richmond, Va., contributed an additional $30,000, and the U.S. arm of ING Groep N.V., Amsterdam, contributed another $20,000.

The NAILBA foundation expects to give away about $250,000 this year, NAILBA says.

In other NAILBA meeting news:

- NAILBA announced a total of $120,000 grants to 9 nonprofit organizations.

The nonprofits getting the biggest grants, for $20,000 each, are the Dream Factory of Georgia, Atlanta, a group that makes the wishes of critically ill children come true; Miriam’s House, Lynchburg, Va., a program that provides housing for homeless women with AIDS; and Special Spaces Inc., Knoxville, Tenn., a group that decorates the bedrooms of critically ill children.

- NAILBA also presented B.E. Gene Wraith, president of Lincoln Benefit Life Company, Lincoln, Neb., a unit of Allstate Corp., Northbrook, Ill., with the association’s most prestigious award, the Mooers Award.

NAILBA honored Wraith for his company’s support of the brokerage general agency system and for his charitable activities.