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MILWAUKEE, May 20, 2015 /PRNewswire/ -- On average, more than 400 children in North Carolina are diagnosed with cancer each year and almost half of those children are under the age of 5.1 Today, the North Carolina offices of Northwestern Mutual, in partnership with the Northwestern Mutual Foundation, announces the funding of $125,000 to the UNC Lineberger Comprehensive Cancer Center Pediatric Oncology Retreat. The retreat benefits patients and their families being treated within the Pediatric Hematology-Oncology Program at the N.C. Cancer Hospital, the clinical home of UNC Lineberger and the state's only public cancer hospital.
"At Northwestern Mutual, we understand that when a child receives a cancer diagnosis, the family does as well," said Mike Condrey, managing partner of Northwestern Mutual in Raleigh, North Carolina. "This partnership will allow our financial representatives, team members and staff another opportunity to volunteer and help our community in the fight to cure childhood cancers."
The retreat is held at the Chapel Hill Aqueduct Center and was created by UNC for pediatric cancer survivors and their families; it connects people impacted by cancer and provides them emotional support, education, survivorship and engaging activities.
"Families leave the weekend feeling renewed with lifted spirits," said Dr. Stuart Gold, MD, division chief of hematology and oncology in the UNC Department of Pediatrics and member of UNC Lineberger. "This event is tremendously helpful for families overall going through the treatment of a child with cancer."
The Northwestern Mutual Pediatric Oncology Retreat for Families with Cancer will support two events per year at the Chapel Hill Aqueduct Center: a peaceful, rural setting perfectly suited for families to come together and take their mind off the, at-times, daily deluge of infusions, scans and treatments. The gift of $125,000 will be pledged and paid to support retreats over a five-year period.
Northwestern Mutual is committed to accelerating the search for cures to childhood cancers and to providing support to families battling the disease. To date, Northwestern Mutual and its network of financial representatives have raised more than $7 million, totaling more than 50,000 hours of research to help discover life-saving treatments for kids. Northwestern Mutual is also committed to helping ease the financial and emotional impacts of childhood cancer on families and children, including financial support for families who need to travel for treatments at select medical institutions across the U.S. Northwestern Mutual in North Carolina alone has contributed more than $85,000 in under three years.
About UNC Lineberger Comprehensive Cancer Center
One of only 41 NCI-designated comprehensive cancer centers, the University of North Carolina Lineberger Comprehensive Cancer Center brings together some of the most exceptional physicians and scientists in the country to investigate and improve the prevention, early detection and treatment of cancer. With research that spans the spectrum from the laboratory to the bedside to the community, UNC Lineberger faculty work to understand the causes of cancer at the genetic and environmental levels, to conduct groundbreaking laboratory research, and to translate findings into pioneering and innovative clinical trials. For more information, please visit www.unclineberger.org.
About Northwestern Mutual Foundation
The mission of the Northwestern Mutual Foundation is to improve the lives of children and families in need. The Foundation has given nearly $270 million since its inception in 1992 and is designed to create lasting impact in the communities where the company's employees and financial representatives live and work. We accomplish this by combining financial support, volunteerism, thought leadership and convening community partners to deliver the best outcomes. Our efforts are focused nationally on curing childhood cancer, and locally on education, neighborhoods and making our hometown of Milwaukee a great destination.
About Northwestern Mutual
Northwestern Mutual has been helping families and businesses achieve financial security for nearly 160 years. Our financial representatives build relationships with clients through a distinctive planning approach that integrates risk management with wealth accumulation, preservation and distribution. With $230 billion in assets, $27 billion in revenues, nearly $90 billion in assets under management in our investment products and services, and more than $1.5 trillion worth of life insurance protection in force, Northwestern Mutual delivers financial security to 4.3 million people who rely on us for insurance and investment solutions, including life, disability income and long-term care insurance; annuities; trust services; mutual funds; and investment advisory products and services. Northwestern Mutual is recognized by FORTUNE magazine as one of the "World's Most Admired" life insurance companies in 2015.
Northwestern Mutual is the marketing name for The Northwestern Mutual Life Insurance Company, Milwaukee, WI, and its subsidiaries. Northwestern Mutual and its subsidiaries offer a comprehensive approach to financial security solutions including: life insurance, long-term care insurance, disability income insurance, annuities, Iife insurance with long-term care benefits, investment products, and advisory products and services. Subsidiaries include Northwestern Mutual Investment Services, LLC, broker-dealer, registered investment adviser, member FINRA and SIPC; the Northwestern Mutual Wealth Management Company, limited purpose federal savings bank; and Northwestern Long Term Care Insurance Company.
1 Cancer incidence data for children under the age of 18 from the North Carolina Central Cancer Registry through UNC Lineberger's Integrated Cancer Information and Surveillance System.
SOURCE Northwestern Mutual