Post From Community: Northwestern Mutual Invests $1.7 Million to Strengthen Milwaukee Neighborhoods | Milwaukee Neighborhood News Service
Northwestern Mutual
September 5, 2022
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Northwestern Mutual, through its Foundation, is invested in strengthening the city of Milwaukee by working directly with residents to foster safe neighborhoods, healthy and thriving youth, and strong families. Building on its neighborhood revitalization efforts, today the company announced $1.7 million in grants to nearly 30 nonprofit organizations in Milwaukee’s Amani, Metcalfe Park and Muskego Way neighborhoods.
“The most impactful changes happen when we listen to the residents directly within our communities and provide them with the skills, guidance and resources they need to build a vibrant neighborhood,” said Steve Radke, president, Northwestern Mutual Foundation. “Our partners continue to inspire us as they mobilize their collective power to change the experience and narrative for residents in Milwaukee.”
Northwestern Mutual recently launched a Collaborative Grants Program to encourage meaningful collaboration across local nonprofit organizations in Amani, Metcalfe Park and Muskego Way. The program is designed to eliminate programmatic duplication, while also positioning and preparing partners to access funding to further their revitalization efforts.
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As part of the program, partners have jointly developed and agreed upon a set of common goals and direction and will work together to achieve those goals by using the expertise and resources of each collaborator. This year, six projects have been selected to receive funding for a total of nearly $240,000 through the Collaborative Grants Program.
Amani Neighborhood:
Metcalfe Park Neighborhood:
Muskego Way Neighborhood:
To be eligible for the Collaborative Grants Program, all applicants were required to identify target strategies from each neighborhood’s revitalization plan that would be best reached by a collaborative effort. Additionally, grant recipients are required to demonstrate measurable impact and program outcomes within one year.
Since 2013, Northwestern Mutual, through its Foundation, has invested nearly $15 million in Milwaukee’s Amani, Metcalfe Park and Muskego Way neighborhoods, supporting nonprofit organizations focused on fostering safe neighborhoods, healthy and thriving youth, and strong families.
Locally, the company also collaborates with schools and educational programs to increase access to quality education and supports the leading attractions that make Milwaukee a great place to live and visit. Nationally, the company is focused on accelerating the search for better treatments and cures for childhood cancer, while also supporting families undergoing treatment and survivors struggling with lasting effects.
About Northwestern Mutual FoundationThe mission of the Northwestern Mutual Foundation is to improve the lives of children and families in need. The Foundation has given more than $400 million since its inception in 1992 and is designed to create lasting impact in the communities where the company’s employees and financial representatives live and work. We accomplish this by combining financial support, volunteerism, thought leadership and convening community partners to deliver the best outcomes. Our efforts are focused nationally on curing childhood cancer, and locally on education, neighborhoods and making our hometown of Milwaukee a great destination. Visit Northwestern Mutual Foundation to learn more.
About Northwestern Mutual
Northwestern Mutual has been helping people and businesses achieve financial security for more than 165 years. Through a holistic planning approach, Northwestern Mutual combines the expertise of its financial professionals with a personalized digital experience and industry-leading products to help its clients plan for what’s most important. With more than $560 billion in combined company and client assets, $34 billion in revenues, and $2.1 trillion worth of life insurance protection in force, Northwestern Mutual delivers financial security to nearly five million people with life, disability income and long-term care insurance, annuities, and brokerage and advisory services. Northwestern Mutual ranked 97 on the 2022 FORTUNE 500 and was recognized by FORTUNE® as one of the “World’s Most Admired” life insurance companies in 2022.
Northwestern Mutual is the marketing name for The Northwestern Mutual Life Insurance Company (NM), Milwaukee, WI (life and disability insurance, annuities, and life insurance with long-term care benefits) and its subsidiaries. Subsidiaries include Northwestern Mutual Investment Services, LLC (NMIS) (investment brokerage services), broker-dealer, registered investment adviser, member FINRA and SIPC; the Northwestern Mutual Wealth Management Company® (NMWMC) (investment advisory and services), federal savings bank; and Northwestern Long Term Care Insurance Company (NLTC) (long-term care insurance). Not all Northwestern Mutual representatives are advisors. Only those representatives with “Advisor” in their title or who otherwise disclose their status as an advisor of NMWMC are credentialed as NMWMC representatives to provide investment advisory services.
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