|[February 12, 2013]
Ameriprise Financial Announces $6.4 Million Pledge to Nonprofits Through Annual Giving Campaign
MINNEAPOLIS --(Business Wire)--
Continuing a long tradition of philanthropy, Ameriprise Financial, Inc.
(NYSE: AMP), together with its employees and advisors, pledged a
record-breaking $6.4 million in 2012 to more than 4,600 nonprofits
around the world. Ameriprise also awarded $3 million to nonprofits
through grants under the company's three strategic funding platforms:
Meeting Basic Needs, Supporting Community Vitality (News - Alert) and Volunteer Driven
Annual giving campaign's 77 percent participation rate far exceeds
Participation in the Ameriprise annual giving
campaign reached an all-time high with 77 percent of U.S.-based
employees and advisors pledging donations, compared to a median of 47
percent at companies with workplace giving campaigns.1 The
company conducts an "open" campaign, giving employees and advisors the
flexibility to designate their contributions to any eligible nonprofit
organization or one of the company's featured partners: Community Health
Charities, EarthShare, Feeding America, Global Impact and the United
Way. Contributions will be distributed to nonprofits throughout 2013.
"Nothing makes me prouder than watching our employees and advisors rally
together in support of nonprofit organizations whose missions they
believe in," said Brian Pietsch, head of community relations at
Ameriprise. "Their generosity and enthusiasm for volunteerism is
incredible. With our giving campaign, we've found a way to tap this
great energy for the benefit of thousands of nonprofits, many of which
help the most vulnerable and in-need members of our communities."
Grants program also driven by employee and advisor nonprofit
Ameriprise Fnancial seeks to help fund
nonprofits that have real connections to its people and their
communities. In 2012, the company awarded grants to nearly 200
organizations from across the country. Highlights from the year include:
Supporting the Pine Street Inn, an innovative leader in the fight
to end homelessness, which serves 1,600 individuals each day in the
greater Boston area. Funding from Ameriprise will assist programs
including an emergency shelter, workforce development, permanent
supportive housing and a recently opened transitional housing program
dedicated to veterans.
Providing funding for the Green Bay Symphony Orchestra, which opens
its doors to nearly 1,400 Green Bay Area sixth grade students every
year through its Music for a Great City program.
Pledging financial support for Three Square, a Feeding America
member food bank in Las Vegas serving nearly 100,000 individuals in
need of nutrition assistance each month. Donations from Ameriprise
will benefit Three Square's 600 Program Partners in Southern Nevada,
including food pantries, soup kitchens, shelters, and programs for
senior citizens and children.
Ameriprise Financial is currently accepting grant applications for 2013
funding. The upcoming application deadline is May 15, 2013.
Other 2012 Community Giving Highlights
In addition to
its giving campaign and grant donations, Ameriprise helped organize more
than 50,000 volunteer hours in 2012. In November, the company
orchestrated its third annual national day of service, with a
record-breaking 9,000 volunteers in nearly all 50 states helping more
than 350 hunger relief organizations repackage bulk food items, assemble
holiday meal packages and stock their warehouses.
About Ameriprise Financial Community Relations
Financial is dedicated to using 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 over 5,000 nonprofits
across the country.
About Ameriprise Financial
At Ameriprise Financial, we have
been helping people feel confident about their financial future for over
115 years. With a network of 10,000 financial advisors and outstanding
asset management, advisory and insurance capabilities, we have the
strength and expertise to serve the full range of consumer financial
needs. For more information, or to find an Ameriprise financial advisor,
© 2013 Ameriprise Financial, Inc. All rights reserved.
1 Committee Encouraging Corporate Philanthropy • Median
percentage of employees participating in workplace giving campaigns in
2011: 47% (N=18), www.corporatephilantophy.com
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