New York Life and Cigna Launch ‘Brave of Heart Fund’ to Raise More Than $100 Million to Provide Financial and Emotional Support for Families of Frontline Healthcare Workers and Volunteers
New York Life Foundation Will Match Contributions from Individuals up to Another
The Fund is launching with initial contributions of
“In tough times, true heroes are revealed. The heroes today are not only the courageous and selfless frontline healthcare workers and volunteers who, without hesitation and without question, have put themselves in harm’s way to help those who desperately need it, but also their families who are living with the anxiety and fear of what may happen to their loved ones in the days ahead,” said
“As we’ve seen in the past, trying times bring out the best in us, as individuals and communities. Our nation’s healthcare workers and volunteers are embodying this every day, as they answer the call of duty with bravery and selflessness,” said
The Fund is being created on an accelerated basis with charitable partner E4E Relief and will be ready to issue its first grants in
All contributions made to the Fund will go to providing monetary grants to the loved ones of eligible healthcare workers and volunteers who lose their lives battling COVID-19, including spouses, domestic partners, children and parents. The Fund expects to begin taking grant applications in May.
The Fund will be administered through E4E Relief, a subsidiary of the public charity
About
New York Life Insurance Company (www.newyorklife.com), a Fortune 100 company founded in 1845, is the largest mutual life insurance company in
*Based on revenue as reported by “Fortune 500 ranked within Industries, Insurance: Life, Health (Mutual),”
**Individual independent rating agency commentary as of 9/12/19:
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Source: New York Life Insurance Company
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