NEWPORT BEACH, Calif.–(BUSINESS WIRE)– The Pacific Life Foundation announced today that 22 nonprofit agencies and nine K-12 schools serving the Greater Omaha, Nebraska area will receive $242,500 in grants.
Arts and Culture
Civic, Community, and Environment
Education
In addition to the educational grants above, the Foundation’s 3T’s of Education program will contribute the following grants to K-12 schools where there are concentrations of children or grandchildren of Pacific Life employees. A 3T’s of Education grant must be designated in one of the following areas: T eacher Training, T extbooks, or T echnology:
Health and Human Services
The Pacific Life Foundation also announced a pledge to contribute a total of $560,000 towards marine mammal education, conservation, and research efforts throughout 2012. In addition, the Pacific Life Foundation continues to provide a robust matching gift program for Pacific Life employees, matching donations up to $5,000 per employee to their local United Way, up to $2,000 per employee to institutions of higher education, and up to $500 per employee to nonprofits.
Annual funding of grants allows the Pacific Life Foundation to respond to a broad spectrum of community needs by partnering with nonprofit agencies that serve a large geographic area. Contributions are made primarily in areas with large concentrations of Pacific Life employees. Currently, Pacific Life has approximately 260 employees working in its regional business center in Omaha, Nebraska. The Pacific Life Good Guys, an employee volunteer group, worked at 10 events with Greater Omaha area nonprofits during 2011.
The Pacific Life Foundation was established in 1984. Together with Pacific Life, the Foundation has contributed donations totaling over $68.3 million to thousands of nonprofits. It expects to contribute $5.6 million in grants to nonprofits throughout 2012. For more information about the Pacific Life Foundation, visit its website at www.PacificLifeFoundation.com .
Offering insurance since 1868, Pacific Life provides a wide range of life insurance products, annuities, and mutual funds, and offers a variety of investment products and services to individuals, businesses, and pension plans. Pacific Life counts more than half of the 100 largest U.S. companies as its clients. For additional company information, including current financial strength ratings, visit Pacific Life online at www.PacificLife.com .
Pacific Life refers to Pacific Life Insurance Company and its affiliates, including Pacific Life Annuity Company.Client count as of May 2011 is compiled by Pacific Life using the 2011 FORTUNE 500 list.
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