The Million Dollar Round Table (MDRT) Foundation has agreed to donate $150,000 to the Make-A-Wish Foundation over 3 years to endow an annual wish in perpetuity.
The foundation, affiliated with MDRT, Park Ridge, Ill., gave the Make-A-Wish Foundation, Phoenix, the first of 3 $50,000 contributions to the endowment in October.
In other insurance philanthropy and green project news:
- The U.S. arm of Sun Life Financial Inc., Toronto (NYSE:SLF), has given $165,000 in grants and scholarships to nonprofit organizations and high school seniors in the Philadelphia area through the Sun Life Rising Star Awards program.
Program managers try to recognize and provide resources for high school students who have overcome the odds and remained committed to furthering their education and to support the nonprofit organizations that are helping those students, Sun Life says.
Sun Life offered the Rising Star Awards program in 7 cities this year.
- A foundation affiliated with Allstate Corp., Northbrook, Ill. (NYSE:ALL), has given $50,000 to Working in Support of Education, New York.
The group will use the grant to support a New Jersey high school financial literacy program.
- Bankers Life and Casualty Company, Chicago, a unit of CNO Financial Group Inc., Carmel, Ind. (NYSE:CNO), has donated $20,000 to Meals on Wheels Chicago, to help the organization deliver meals to homebound seniors and people with disabilities.
- FBL Financial Group Inc., West Des Moines, Iowa (NYSE:FBL), has produced and delivered 1,000 custom Search & Find educational beanbags to 50 local United Way-supported early learning centers and home care providers.
The beanbags help teach young children their letters.
FBL workers worked on project in support of the United Way Women’s Leadership Connection mission to improve school readiness for children from birth through age 5.
- Prudential Financial Inc., Newark, N.J. (NYSE:PRU), has installed solar panels on its office building in Scottsdale, Ariz., and in two buildings in Roseland, N.J.
The panels should produce 2.3 million kilowatt hours of electricity per year and cut the company’s greenhouse gas emissions by 3.2 million pounds per year, Prudential says.
The panels also should save about $3 million in energy costs over 10 years, the company says.
The panels will produce about 3% of the electricity the company uses in Roseland and about 30% of the electricity the company uses in Scottsdale.
- Allison Bell