Northwestern Mutual Increases Charitable Giving To $16.9M
|By Paul Gores, Milwaukee Journal Sentinel|
|McClatchy-Tribune Information Services|
Through its foundation, the
Locally, Northwestern Mutual's philanthropic focus will be on three main areas:
Supporting attractions and events that make
Increasing opportunities for academic success among children in distressed parts of
Helping to make three neighborhoods in the city -- Amani,
Kordsmeier said Northwestern Mutual has long-running sponsorship relationships with organizations like the
"We have a list about 15 different groups that we work with," he said.
The academic effort spans everything from early childhood programs to scholarships for students who otherwise couldn't afford college or technical training.
"This is really all about working with schools and nonprofits to make sure that our children in
With its neighborhood initiative, Northwestern Mutual is partnering with established service organizations that know the needs of specific area, he said.
"The whole idea is that there are strong providers of service in those neighborhoods that, if we can invest and focus our resources, we hope to be able to provide stable and safe neighborhoods for children and families," Kordsmeier said.
He added: "We don't decide what neighborhoods need. Neighborhoods decide what they need. They then develop neighborhood plans around that and we see how we can work with neighborhood organizations to collaborate on those needs."
The pediatric cancer effort was launched over the summer.
"Childhood cancer is the leading cause of death by disease in children under 15 in the U.S., yet research to cure childhood cancer is still vastly and consistently underfunded," Kordsmeier said.
As part of its pediatric cancer program, Northwestern Mutual is teaming up with Alex's
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