Allianz Life Grants $350,000 to Twin Cities Nonprofits Making a Difference in the Lives of Seniors

Grants Support Programs that Help Seniors Remain Self-Sufficient, Offer Community Connections

MINNEAPOLIS – Dec. 17, 2019 – To help support organizations that benefit Minnesota seniors, Allianz Life Insurance Company of North America (Allianz Life®) announced today that it has given $350,000 in grants to 19 local nonprofits. These organizations were selected as part of the Allianz Life community relations grants program because of their work enhancing seniors’ quality of life through community programming and outreach.

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

“Our purpose as a business is to help secure our customers’ futures,” said Walter White, president and CEO, Allianz Life. “Supporting organizations in our community that are making a meaningful difference in the lives of seniors by providing basic living needs, social activities and community programming allows us to bring that purpose to life in the Twin Cities.”

The following organizations received grants ranging from $15,000 to $35,000:

To date, the company has given over $2.7 million to nonprofits serving seniors.

In addition to supporting seniors through its grant program, Allianz Life continues to partner with the Better Business Bureau of Minnesota and North Dakota to provide the Safeguarding Our Seniors volunteer program. Through this initiative, trained Allianz Life employees volunteer to visit senior or community centers to educate and discuss how to help prevent elder financial abuse. In 2019, Allianz volunteers gave 20 presentations, reaching approximately 1,200 seniors and caregivers throughout the metro area.

Learn more about Allianz Life’s giving programs and ongoing commitment to supporting the Twin Cities community at Why Allianz.

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 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 2020, Allianz Life provided additional value to its policyholders via distributions of more than $10.1 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 approximately 150,000 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.