Allianz Life Gives $100,000 to Employee-Elected Charities

Based on Employee Choice, Four Local Charities Receive Donations and Volunteer Support

MINNEAPOLIS – March 6, 2017 – Allianz Life Insurance Company of North America (Allianz Life®) announced that they will donate $100,000 to four local charities in 2017 through the company’s Employee-Elected Charities program. Based on employee voting, the American Cancer Society, Animal Humane Society, HopeKids, and Cystic Fibrosis Foundation – Minnesota Chapter were each selected to receive a corporate donation of $25,000. Over the past 15 years, Allianz Life has given more than $1.1 million to local charities through the Employee-Elected Charities program.

The Allianz Life Employee-Elected Charities program gives employees a direct vote on where the company’s corporate giving dollars are distributed. To be nominated as an Employee-Elected charity, 10 or more Allianz Life employees must have volunteered with the organization during the previous year. In addition to the monetary contribution, the firm’s employees will volunteer their time during events held by each charity throughout the year.

Each year, Allianz Life provides each employee eight hours of paid time off to volunteer for the charity of their choice. In 2016, nearly 1,100 employees contributed 14,078 volunteer hours, the equivalent of $354,800 of in-kind donations.

About the 2017 Employee-Elected Charities

  • American Cancer Society is dedicated to eliminating cancer through research, education, advocacy and service. Its mission focuses on helping people stay well and get well, by finding cures, and by fighting back.
  • Animal Humane Society provides programs and services for animals to compassionately serve all stages of their life.
  • HopeKids organizes events and activities that restore fun, excitement and hope for children facing debilitating health issues.
  • Cystic Fibrosis Foundation – Minnesota Chapter works to cure cystic fibrosis and provide people dealing with the disease the opportunity to lead full lives. The nonprofit funds research and drug development, promotes individualized treatment and ensures access to high-quality care.

About Allianz Life Insurance Company of North America

Allianz Life Insurance Company of North America, one of the FORTUNE 100 Best Companies to Work For® in 2019, has been keeping its promises since 1896 by helping Americans achieve their retirement income and protection goals with a variety of annuity and life insurance products. In 2018, Allianz Life provided $2.8 billion in benefit payments that helped policyholders’ achieve their financial goals. As a leading provider of fixed index annuities, Allianz Life is part of Allianz SE, a global leader in the financial services industry with over 142,000 employees in more than 80 countries. Allianz Life is a proud sponsor of Allianz Field in St. Paul, Minnesota, home of Major League Soccer’s Minnesota United.