MetLife Foundation Reaches New Milestone, Over $1 Billion in Giving
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.
"Supporting 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," said MetLife President and CEO, Michel Khalaf. "As we celebrate this milestone, we renew our commitment to continue to help all our stakeholders build a more confident future."
Since 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:
"We are honored to have our longstanding partner, Food Bank For New York City, join us to recognize this achievement," said Mike Zarcone, Head of Corporate Affairs for MetLife and Chairman of MetLife Foundation. "Our 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."
Additionally, 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' proclamation, he declared September 14, 2023, as MetLife Foundation Day in New York City.
To learn more about the work of MetLife Foundation, visit www.MetLife.org.
About MetLife Foundation
At 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 - economic inclusion, financial health and resilient communities - while engaging MetLife employee volunteers to help drive impact. MetLife Foundation was established in 1976 to continue MetLife's 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 www.MetLife.org.
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