MINNEAPOLIS–(BUSINESS WIRE)–Ameriprise Financial, Inc. (NYSE: AMP), along with its employees and advisors, donated more than $17 million in 2021. Continuing its long-standing commitment to helping people meet their basic needs , the company focused on funding nonprofit organizations that work to solve household hunger, end homelessness and increase adult self-reliance through financial education and training programs professional. Additionally, Ameriprise has found new ways for its employees and advisors to engage in hybrid, in-person and virtual volunteer opportunities. Throughout the year, the firm’s employees and advisors supported causes close to their hearts by devoting nearly 50,000 volunteer hours.
“The pandemic has exacerbated problems in communities that were already facing barriers to essential goods and services like food and shelter,” said Brian Pietsch, community relations manager at Ameriprise. “We have long-standing relationships with nonprofits across the country, and they help us target relief efforts where the need is greatest so we can mobilize our employees and advisors to help. to stock food shelves, provide job training services and provide stable housing for people in need. These collective actions are making a meaningful difference and demonstrating the culture of caring we have cultivated at Ameriprise.
Ameriprise 2021 Grant Funding Highlights
Ameriprise has funded 224 grants aimed at helping people meet basic needs like food and shelter and build equitable communities. Here are some highlights:
- Rebuilding New York City Together preserves affordable housing, helps underemployed residents gain skills, and strengthens city neighborhoods. The organization’s Careers in Construction program helps New Yorkers prepare for and obtain construction careers and helps put graduates on the path to financial stability through increased earning potential and career opportunities. upward mobility.
- Boston Children’s Museum emphasizes engagement and learning through hands-on experiences, using play as a tool to stimulate children’s inherent creativity, curiosity and imagination. The museum’s programs and activities focus on literacy, performing arts, science, math, visual arts, culture, health and wellness. Throughout the pandemic, the Museum has supported underserved families by distributing learning kits to public schools and community groups.
Since 2013, Rock Wall Street, with a network of over 4,000 young women, has hosted financial and investment literacy workshops and mentoring programs in high schools across the United States and Canada. During the school year, the program focuses on three components: the fall financial education sessions, the “experience Wall Street” field trip, and the spring mentoring sessions. Ameriprise sponsors Rock the Street Wall Street at South High School in Minneapolis, where volunteers participate in activities such as explaining financial conditions, budgeting, and current affairs to teach financial literacy.
- The Center for Economic Inclusion works to increase regional economic growth in the Minneapolis-St. Paul’s region and regions across the country by creating a shared responsibility among employers to dismantle institutional racism and close racial wealth gaps. The organization’s programs reduce the racial wealth gap by increasing diverse employment in jobs that pay family wages.
Ameriprise Increases Grants Budget and Expands Dollar-for-Dollar Matching Gifts Program
Ameriprise is also increasing its corporate grant budget for 2022 and increasing its dollar-for-dollar employee giving program beginning January 1, 2022. A majority of U.S. employees participate in this program to double the impact of their giving. to non-profit organizations that matter to them.
About Ameriprise Financial Community Relations
Ameriprise Financial is committed to using company resources and talents to improve the lives of individuals and build strong communities. Through grantmaking, volunteerism, and matching gift programs for employees and advisors, the company supports a diverse group of more than 7,500 nonprofit organizations across the country. By targeting our grants, the company can make the most of its resources and engage its people to have a collective impact for the benefit of communities. Ameriprise funds grants to local nonprofits twice a year—the next deadline is May 15, and guidelines are available on the company’s website.
About Ameriprise Financial
At Ameriprise Financial, we’ve been helping people feel confident in their financial future for over 125 years. With a network of approximately 10,000 financial advisors and extensive asset management, advisory and insurance capabilities, we have the strength and expertise to meet the full range of consumer financial needs. For more information, visit ameriprise.com.
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