Thrivent Financial for Lutherans hopes to contribute about $10 million to fund the construction of 164 Habitat for Humanity homes in 2011.
A year ago, Thrivent, Minneapolis, agreed to provide $15 million to support the construction of 181 Habitat for Humanity homes in 37 states in 2010.
Thrivent sends volunteers to Habitat for Humanity International, Atlanta, as well as cash. Over the past 5 years, 5,000 Thrivent volunteers have helped to build about 1,000 homes in 34 countries, the company says.
In other insurance philanthropic news:
- The New York division of the Insurance Industry Charitable Foundation (IICF) raised $1.1 million with a dinner held Wednesday that featured former New York Mayor Rudolph Giuliani as a speaker and Maurice Greenberg, the former chairman of American International Group Inc., New York (NYSE:AIG), and the current chairman of C.V. Starr & Company Inc., New York, as an award recipient.
Dinner proceeds will go to groups such as the Boys & Girls Clubs of America and the Hudson River Sloop Clearwater.
- Massachusetts Mutual Life Insurance Company, Springfield, Mass., recently provided $50,000 in free term life insurance for 60 parents in Fulton County, Ga.
Over the years, the program has provided a total of $575 million in free life insurance for 11,500 low-income working parents across the country.
- Allison Bell