Northwestern Mutual Foundation Announces $500,000 Disaster Relief Donation for the American Red Cross
Northwestern Mutual's Foundation is helping to strengthen communities through a $500,000 donation to the American Red Cross to enhance its recovery and relief efforts in areas affected by natural disasters. Demonstrating its commitment, Northwestern Mutual is also making it easy for its more than 7,000 financial representatives, 5,000 employees and 3.3 million policyowners to become "fans" of the American Red Cross on Facebook, enroll in an American Red Cross Disaster Services Training course, and pledge personal donations to the organization.
"This commitment to the American Red Cross is one more way that we can help communities and policyowners protect what matters most," said Edward J. Zore, Northwestern Mutual chairman and chief executive officer. "True security and stability means being prepared to respond to risks. As a financial security provider, our company is committed to helping people prepare for and recover from disasters."
"Northwestern Mutual Foundation's generous donation will enable the Red Cross to help communities prepare for and respond to disasters," said Jeffrey Towers, Chief Development Officer at the American Red Cross. "Donations that are made in advance of major disasters are essential to the organization's ability to provide services like sheltering and feeding immediately after a disaster strikes."
About the American Red Cross
The American Red Cross shelters, feeds and counsels victims of disasters; provides nearly half of the nation's blood supply; teaches lifesaving skills; and supports military members and their families. The Red Cross is a charitable organization -- not a government agency -- and depends on volunteers and the generosity of the American public to perform its humanitarian mission. For more information, please visit www.redcross.org or join our blog at www.redcrosschat.org.
About Northwestern Mutual
The Northwestern Mutual Life Insurance Company - Milwaukee, WI (Northwestern Mutual) has helped clients achieve financial security for more than 150 years. Northwestern Mutual and its subsidiaries offer a holistic approach to financial security solutions including: life insurance, long-term care insurance, disability insurance, annuities, investment products, and advisory products and services. Subsidiaries include Northwestern Mutual Investment Services, LLC, broker-dealer, registered investment advisor, member FINRA and SIPC; the Northwestern Mutual Wealth Management Company, limited purpose federal savings bank; and Northwestern Long Term Care Insurance Company; and Russell Investments. Further information can be found at http://www.northwesternmutual.com/.
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SOURCE: Northwestern Mutual
CONTACT: Jean Towell of Northwestern Mutual, 1-800-323-7033,
5/7/2009 9:00:00 AM