The National Association of Independent Life Brokerage Agencies (NAILBA) Charitable Foundation raised about $170,000 during the group’s recent annual meeting.
The foundation, affiliated with NAILBA, Fairfax, Va., raised cash donations directly from Prudential Financial Inc., Newark, N.J. (NYSE:PRU); Genworth Financial Inc., Richmond, Va. (NYSE:GNW); and Mutual of Omaha, Omaha, Neb.
The foundation also raised $37,333 through live and silent auctions.
The U.S. arm of Legal & General Group P.L.C., Hove, U.K., offered a matching-donation program that gave participants a chance to complete for a golf trip in Washington, along with custom fit golf clubs. That program raised a total of $84,920, the NAILBA foundation says.
In related news, NAILBA says the meeting of 1,333 was up 7% from the 2009 total.