New York Life Foundation Adds Social Justice Pillar
The New York Life Foundation, the charitable arm of America's largest mutual life insurer1, today announced the addition of social justice as a third focus area, joining the longstanding pillars of childhood bereavement and educational enhancement for middle school students. Inspired by a long tradition of service and humanity, the Foundation has always supported underserved and diverse communities. The formalization of this third pillar acknowledges an established mandate to address societal issues in communities across the country where New York Life policy owners, agents, and employees live and work.
"Our social justice pillar gives us a platform to dedicate more resources and support and continue to invest in the programs needed for young people from marginalized communities and communities of color to create an equal and just society for generations to come," said Heather Nesle, president, New York Life Foundation. "Since our inception, The Foundation has put the power of our people, financial investments, and other resources behind organizations and initiatives that address economic and societal inequalities."
Recent social justice commitments include:
Read more about the New York Life Foundation's social justice efforts here and New York Life initiatives related to DE&I and social justice, including the company's $1 billion impact investment initiative to help address the racial wealth gap, here. New York Life's 2021 Diversity, Equity & Inclusion Report can be found here.
About the New York Life Foundation