Northwestern Mutual Sustainability and Social Impact: Investing in Our Communities

We invest in transformational and sustainable community outcomes that improve lives.

Originally published in Northwestern Mutual 2023 Sustainability and Social Impact Report

NORTHAMPTON, MA / ACCESSWIRE / May 15, 2024 / Through the Northwestern Mutual Foundation, we invest in the future-allocating $23.5 million in 2023 to drive transformational and sustainable community outcomes. Our support includes not only financial contributions but also community partnerships, advocacy and volunteerism in the areas where our employees, financial advisors and representatives, and policyowners live and work.

As a company, we're committed to accelerating the search for better treatments and cures for childhood cancer. We work nationally to fund clinical research and support families during and after treatment, helping advance better quality-of-life outcomes.

In our hometown of Milwaukee, Wisconsin, we're helping to expand access to quality education, revitalize underserved neighborhoods, increase opportunities for homeownership and support premier cultural attractions-investing in a healthy, economically vibrant city, for today and tomorrow.

CHILDHOOD CANCER: ADVANCING RESEARCH, SUPPORTING FAMILIES

Every day, more than 1,000 children worldwide are diagnosed with childhood cancer. It's the number one cause of death by disease for children under the age of 15 in the U.S., yet it receives only 4% of the federal government's annual cancer research budget¹. What's more, studies show that 60% of families lose significant household income and are hit with financial hardship following a cancer diagnosis². Since 2012, Northwestern Mutual has been committed to accelerating the search for better treatments and cures for childhood cancer, while supporting families undergoing treatment and survivors living with long-term effects.

Accelerating the search for better treatments, cures and quality of life

Through partnerships with nonprofit organizations and clinical researchers, we seek to accelerate the search for better treatments and cures for childhood cancer while supporting families and survivors.

Since 2012, we've partnered with Alex's Lemonade Stand Foundation, whose mission is to change the lives of children by empowering everyone to help find a cure for childhood cancer. Our funding includes:

• Young Investigators grants, up to $50,000 a year for three years, providing vital startup funds for the best and brightest early-career researchers
• Innovation grants, providing seed funding for researchers with a novel approach to pediatric oncology scientific investigation
• The Crazy 8 initiative, detailing roadmaps toward cures for specific hard-to-treat childhood cancers
• The Childhood Cancer Data Lab, empowering researchers and scientists worldwide to collaborate, share and develop resources to accelerate new treatment and cure discovery
• The Pediatric Oncology Student Training (POST) program, for undergraduate, graduate and medical students from underrepresented populations, encouraging careers in pediatric oncology research

Scholarships to fulfill dreams