Jackson National Life Insurance Co. has started a nonprofit arm that will support financial literacy programs.
The nonprofit arm, the Jackson Charitable Foundation, is investing $3 million in educational efforts. The foundation will work with organizations such as Discovery Education and Junior Achievement to promote the idea that Americans have to prepare for the future.
Jackson is a Lansing, Michigan-based unit of Prudential PLC. It’s a leader in the U.S. annuity market.
Jackson’s foundation is now helping Discovery Education bring the Cha-Ching Money Smart Kids video series to the United States.