Allianz Life Grants $290,000 to Nonprofits Supporting Senior Services

Company's Senior Services Grant Program surpasses $2 million milestone

MINNEAPOLIS – Jan. 17, 2018 – Allianz Life Insurance Company of North America (Allianz Life®) announced today that it gave $290,000 in grants to nonprofits that enhance local seniors’ quality of life through community programming and outreach. The organizations receiving grants help seniors remain self-sufficient, offer community connections, and provide education about elder financial abuse prevention. Since 2009, the Allianz Life Senior Services Grant Program has now given more than $2.1 million to nonprofits serving seniors.

The 16 grant recipients support seniors by building social vitality and independence using services including: food delivery, transportation, and adaptive living assistance. These organizations also provide basic living needs, social activities and community interaction. Additionally, chosen nonprofits help victims of elder financial abuse through education and assistance for them and their caregivers.

“These organizations work tirelessly to help seniors’ live vital and independent lives,” said Allianz Life President and CEO Walter White. “We are proud to continue our support of their missions through our grant program.”

The following 16 organizations received grants ranging from $10,000 to $35,000:

In addition to giving these grants, Allianz Life will continue to partner with the Better Business Bureau of Minnesota and North Dakota to provide the Safeguarding Our Seniors volunteer program. Through this program, trained volunteers visit senior or community centers to educate and discuss the topic of preventing elder financial abuse. To date, volunteers have given more than 70 presentations, providing information to more than 900 seniors.

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® and one of the Ethisphere 2020 World’s Most Ethical Companies®, 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 2019, Allianz Life provided additional value to its policyholders via distributions of more than $10.4 billion. 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 147,000 employees in more than 70 countries. Allianz Life is a proud sponsor of Allianz Field® in St. Paul, Minnesota, home of Major League Soccer’s Minnesota United.