Ameriprise Financial donates $17.5M to nonprofits
In 2019, Ameriprise Financial, Inc., along with its employees and advisors, donated $17.5 million and volunteered close to 100,000 hours at nonprofits in their communities. The firm focuses on philanthropic causes that strengthen communities and help individuals achieve economic stability. To that end, throughout the year, Ameriprise helped provide nearly 8 million meals to hungry families and individuals through its longstanding partnership with Feeding America and other hunger-relief organizations. In addition, the company continued its ongoing support for the American Red Cross Disaster Relief and International Services, which provide aid when disaster strikes around the world.
Ameriprise employees and advisors demonstrated a deep commitment to the causes they care about. More than two-thirds (68%) participated in the firm’s annual giving campaign, far surpassing the national average of 39% 1. In addition, more than 10,000 Ameriprise advisors, employees and clients volunteered in the firm’s two National Days of Service, working side-by-side at food banks and pantries to provide meals for people struggling with hunger.
“Millions of people each year find themselves turning to nonprofit organizations to build a better future for themselves and their families,” said Brian Pietsch, head of community relations at Ameriprise. “The organizations we support help people learn skills to land a higher-paying job, provide meals to hungry families and offer a place to sleep when there’s nowhere else to turn. Notably, these nonprofits are doing critical work to address socioeconomic factors that lead to poverty. We’re proud to support their very important missions.”
Ameriprise Financial is dedicated to utilizing the firm’s resources and talents to improve the lives of individuals and build strong communities. Through grantmaking, volunteerism and employee and advisor gift matching programs, the company supports a diverse group of more than 7,500 nonprofits across the country.
Information provided by Ameriprise Financial, Inc.