TMCnet News
Prudential Underwrites NCLR Research [Professional Services Close - Up](Professional Services Close - Up Via Acquire Media NewsEdge) Prudential Financial detailed an $850,000 grant in support of the National Council of La Raza's (NCLR) Wealth-Building Policy Project, which seeks to strengthen Hispanic communities by preserving and increasing their wealth through research and advocacy. According to a company release, the grant, provided through The Prudential Foundation, will support research that examines Hispanics' knowledge, access and use of financial products as mechanisms to build wealth and increase financial security. The research will complement Prudential's study, The Hispanic American Financial Experience, by addressing information gaps, providing broader insight into the Hispanic community and adding deeper context to the report's findings. "At Prudential, we understand the importance of addressing the financial needs of all communities. The partnership with NCLR is another example of Prudential's commitment to diversity and inclusion, and is an important step towards understanding Hispanic- American's needs so that the industry can better serve them," said Sharon Taylor, senior vice president, Human Resources, and chair of The Prudential Foundation. "We believe everyone should have the opportunity to achieve economic success," said Lata Reddy, vice president of Prudential's Office of Corporate Social Responsibility and president of The Prudential Foundation. "This grant will advance research to help connect America's underserved communities with the necessary financial services, tools and products that are essential to long- term financial security." "We appreciate Prudential's continued investment in the U.S. Hispanic community, and most recently through their support for the NCLR Wealth-Building Policy Project," said Janet Murguia, president and CEO of NCLR. "Together, our important work will set our Latino families on the path to stronger financial security." More information and complete details: www.news.prudential.com ((Comments on this story may be sent to [email protected])) (c) 2014 ProQuest Information and Learning Company; All Rights Reserved. |