{"id":784153,"date":"2023-09-14T14:06:25","date_gmt":"2023-09-14T18:06:25","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/metlife-foundation-reaches-new-milestone-over-1-billion-in-giving\/"},"modified":"2023-09-14T14:06:25","modified_gmt":"2023-09-14T18:06:25","slug":"metlife-foundation-reaches-new-milestone-over-1-billion-in-giving","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/metlife-foundation-reaches-new-milestone-over-1-billion-in-giving\/","title":{"rendered":"MetLife Foundation Reaches New Milestone, Over $1 Billion in Giving"},"content":{"rendered":"<p>        <!--.bwalignc { text-align: center; list-style-position: inside }\n.bwlistdisc { list-style-type: disc }body {font:normal small Arial,Helvetica,sans-serif;color:#000;background-color:#fff;padding:24px;margin:0;} a img {border:0;} h3 {font-size:medium;color:#000;margin:0 0 1em 0; text-align:center;}-->  <\/p>\n<p class=\"bwalignc\"><b>MetLife Foundation Reaches New Milestone, Over $1 Billion in Giving<\/b><\/p>\n<p>NEW YORK&#8211;(<a href=\"http:\/\/www.businesswire.com\">BUSINESS WIRE<\/a>)&#8211;<br \/>\nMetLife Foundation today announced that it has reached over $1 billion in giving. The Foundation was established in 1976 as an independent charitable arm of Metropolitan Life Insurance Company (MetLife), and since its founding, has made significant contributions to strengthen communities where MetLife has a presence.<\/p>\n<p>\nToday, MetLife Foundation focuses on driving inclusive economic mobility and addressing the needs of underserved and underrepresented communities around the world. The work of MetLife Foundation continues to improve the financial health and well-being of individuals and families, creating positive impacts for society and communities.<\/p>\n<p>\n\u201cSupporting and protecting families, businesses and communities has always been core to our strategy, and the work MetLife Foundation does helps us deliver on our purpose,\u201d said MetLife President and CEO, Michel Khalaf. \u201cAs we celebrate this milestone, we renew our commitment to continue to help all our stakeholders build a more confident future.\u201d<\/p>\n<p>\nSince its inception, MetLife Foundation has established commitments and partnered with nonprofits to provide grants and create programs in support of its mission, notable among them being:<\/p>\n<ul class=\"bwlistdisc\">\n<li>\nIn 2005, MetLife Foundation expanded its grantmaking outside of the U.S., and committed $200 million to a global campaign to bring financial inclusion to low-income communities around the world.<\/p>\n<\/li>\n<li>\nMetLife Foundation\u2019s giving has focused on responding to crises globally including the September 11 attacks, the Tohoku Earthquake and Tsunami in Japan, COVID-19, among others.<\/p>\n<\/li>\n<li>\nOver the years, MetLife Foundation has provided grants to support access to affordable housing and has partnered with organizations like Habitat for Humanity, which the Foundation works with in 13 countries \u2013 including the U.S., Korea, India and Bangladesh.<\/p>\n<\/li>\n<li>\nMetLife and MetLife Foundation have proudly partnered with UNCF (United Negro College Fund) for nearly 80 years to support students attending HBCUs.<\/p>\n<\/li>\n<li>\nMetLife\u2019s 2030 Diversity, Equity and Inclusion Commitments include a pledge from MetLife Foundation to award $150 million in funding to support underserved and underrepresented communities. Since 2021, $60.9 million has been awarded to help close the income and wealth gap.<\/p>\n<\/li>\n<li>\nMetLife Foundation has awarded over $18 million for Alzheimer\u2019s Disease research through <i>MetLife Foundation Awards for Medical Research<\/i>, leading to a greater understanding of the disease.<\/p>\n<\/li>\n<\/ul>\n<p>\nTo mark the milestone, MetLife Foundation and Food Bank For New York City are hosting a food packing event on September 14, 2023, in Vanderbilt Hall located in Grand Central Terminal, with MetLife volunteers. MetLife Foundation and Food Bank For New York City have been partners for 15 years, and this event coincides with Hunger Action Month and MetLife\u2019s annual initiative \u2013 Volunteering with Purpose \u2013 where MetLife colleagues lend their time, talent and passions to benefit their communities.<\/p>\n<p>\n\u201cWe are honored to have our longstanding partner, Food Bank For New York City, join us to recognize this achievement,\u201d said Mike Zarcone, Head of Corporate Affairs for MetLife and Chairman of MetLife Foundation. \u201cOur partners and MetLife colleagues amplify the efforts of the Foundation, and this event will help fight back against food insecurity for our neighbors in New York City and communities around the world.\u201d<\/p>\n<p>\nAdditionally, New York City Mayor Eric Adams and New York Representative Brandon Williams issued proclamations recognizing MetLife Foundation achieving $1 billion in giving and its work in New York City and New York more broadly. In Mayor Adams\u2019 proclamation, he declared September 14, 2023, as MetLife Foundation Day in New York City.<\/p>\n<p>\nTo learn more about the work of MetLife Foundation, visit <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=http%3A%2F%2Fwww.MetLife.org&amp;esheet=53554122&amp;newsitemid=20230913440621&amp;lan=en-US&amp;anchor=www.MetLife.org&amp;index=1&amp;md5=8b53724408c02eb54386ba8a1f0b31a2\">www.MetLife.org<\/a>.<\/p>\n<p><b>About MetLife Foundation<\/b><\/p>\n<p>\nAt MetLife Foundation, we are committed to driving inclusive economic mobility for underserved and underrepresented communities around the world. We collaborate with nonprofit organizations and provide grants aligned to three strategic focus areas \u2013 economic inclusion, financial health and resilient communities \u2013 while engaging MetLife employee volunteers to help drive impact. MetLife Foundation was established in 1976 to continue MetLife\u2019s long tradition of corporate contributions and community involvement. Since its inception, MetLife Foundation has contributed over $1 billion to strengthen communities where MetLife has a presence. To learn more about MetLife Foundation, visit <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=http%3A%2F%2Fwww.metlife.org%2F&amp;esheet=53554122&amp;newsitemid=20230913440621&amp;lan=en-US&amp;anchor=www.MetLife.org&amp;index=2&amp;md5=a62406dcaee2bd6fd3fa7fef8864e45f\">www.MetLife.org<\/a>.<\/p>\n<p><img decoding=\"async\" alt=\"\" src=\"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&amp;sty=20230913440621r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en\" style=\"width:0;height:0\" \/><span class=\"bwct31415\" \/><\/p>\n<p id=\"mmgallerylink\"><span id=\"mmgallerylink-phrase\">View source version on businesswire.com: <\/span><span id=\"mmgallerylink-link\"><a href=\"https:\/\/www.businesswire.com\/news\/home\/20230913440621\/en\/\" rel=\"nofollow\">https:\/\/www.businesswire.com\/news\/home\/20230913440621\/en\/<\/a><\/span><\/p>\n<p><b>For Media:<br \/>\n<\/b><br \/>Olivia Janicelli<br \/>\n<br \/>(212) 578-3547<br \/>\n<br \/><a rel=\"nofollow\" href=\"mailto:olivia.janicelli@metlife.com\">olivia.janicelli@metlife.com<\/a><\/p>\n<p><b>KEYWORDS:<\/b> United States North America New York<\/p>\n<p><b>INDUSTRY KEYWORDS:<\/b> Foundation Professional Services Insurance Philanthropy<\/p>\n<p><b>MEDIA:<\/b><\/p>\n<table cellpadding=\"3\" cellspacing=\"3\">\n<tr>\n<td><font face=\"Arial\" size=\"2\"><b>Logo<\/b><\/font><\/td>\n<\/tr>\n<tr>\n<td><img decoding=\"async\" src=\"https:\/\/mms.businesswire.com\/media\/20230913440621\/en\/1889609\/3\/metlife-foundation_horiz_logo_rgb.jpg\" alt=\"Logo\" \/><\/td>\n<\/tr>\n<tr>\n<td><font face=\"Arial\" size=\"2\"><\/font><\/td>\n<\/tr>\n<\/table>\n","protected":false},"excerpt":{"rendered":"<p>MetLife Foundation Reaches New Milestone, Over $1 Billion in Giving NEW YORK&#8211;(BUSINESS WIRE)&#8211; MetLife Foundation today announced that it has reached over $1 billion in giving. The Foundation was established in 1976 as an independent charitable arm of Metropolitan Life Insurance Company (MetLife), and since its founding, has made significant contributions to strengthen communities where MetLife has a presence. Today, MetLife Foundation focuses on driving inclusive economic mobility and addressing the needs of underserved and underrepresented communities around the world. The work of MetLife Foundation continues to improve the financial health and well-being of individuals and families, creating positive impacts for society and communities. \u201cSupporting and protecting families, businesses and communities has always been core to our strategy, and the &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/metlife-foundation-reaches-new-milestone-over-1-billion-in-giving\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;MetLife Foundation Reaches New Milestone, Over $1 Billion in Giving&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-784153","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v28.0 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>MetLife Foundation Reaches New Milestone, Over $1 Billion in Giving - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/metlife-foundation-reaches-new-milestone-over-1-billion-in-giving\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"MetLife Foundation Reaches New Milestone, Over $1 Billion in Giving - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"MetLife Foundation Reaches New Milestone, Over $1 Billion in Giving NEW YORK&#8211;(BUSINESS WIRE)&#8211; MetLife Foundation today announced that it has reached over $1 billion in giving. The Foundation was established in 1976 as an independent charitable arm of Metropolitan Life Insurance Company (MetLife), and since its founding, has made significant contributions to strengthen communities where MetLife has a presence. Today, MetLife Foundation focuses on driving inclusive economic mobility and addressing the needs of underserved and underrepresented communities around the world. The work of MetLife Foundation continues to improve the financial health and well-being of individuals and families, creating positive impacts for society and communities. \u201cSupporting and protecting families, businesses and communities has always been core to our strategy, and the &hellip; Continue reading &quot;MetLife Foundation Reaches New Milestone, Over $1 Billion in Giving&quot;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.marketnewsdesk.com\/index.php\/metlife-foundation-reaches-new-milestone-over-1-billion-in-giving\/\" \/>\n<meta property=\"og:site_name\" content=\"Market Newsdesk\" \/>\n<meta property=\"article:published_time\" content=\"2023-09-14T18:06:25+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&amp;sty=20230913440621r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en\" \/>\n<meta name=\"author\" content=\"Newsdesk\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Newsdesk\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/metlife-foundation-reaches-new-milestone-over-1-billion-in-giving\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/metlife-foundation-reaches-new-milestone-over-1-billion-in-giving\\\/\"},\"author\":{\"name\":\"Newsdesk\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"headline\":\"MetLife Foundation Reaches New Milestone, Over $1 Billion in Giving\",\"datePublished\":\"2023-09-14T18:06:25+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/metlife-foundation-reaches-new-milestone-over-1-billion-in-giving\\\/\"},\"wordCount\":706,\"image\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/metlife-foundation-reaches-new-milestone-over-1-billion-in-giving\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/cts.businesswire.com\\\/ct\\\/CT?id=bwnews&amp;sty=20230913440621r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en\",\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/metlife-foundation-reaches-new-milestone-over-1-billion-in-giving\\\/\",\"url\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/metlife-foundation-reaches-new-milestone-over-1-billion-in-giving\\\/\",\"name\":\"MetLife Foundation Reaches New Milestone, Over $1 Billion in Giving - 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