Allianz Life Gives $350,000 to Support Local Youth Development and Inclusion Efforts

Funds benefit programs that help set up kids and teens from diverse backgrounds for long-term success

MINNEAPOLIS – Nov. 10, 2020 – To help Minnesota youth develop life skills and empower them to reach their full potential, Allianz Life Insurance Company of North America (Allianz Life) has donated $350,000 to selected local organizations as part of its annual grant program. These funds were distributed to organizations that focus on mentoring, leadership and development programs for youth, as well as those that aim to boost financial literacy among young people.

“By helping close the achievement gap among some of the most at-risk youths in our state, we can help reduce many disparities which will ultimately lead to stronger workforce in the state,” said Cecilia Stanton Adams, chief diversity and inclusion officer, Allianz Life. “The organizations receiving funds are doing important work that is inclusive of young people from all backgrounds. Allianz Life is committed to making a positive difference and supporting equity in our community. These grants will have a positive impact on the lives of many people.”

The following organizations received a 2020 grant:

Learn more information about Allianz Life’s giving programs and ongoing commitment to supporting the Twin Cities community at www.allianzlife.com/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 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.