News Releases
News Releases
Northwestern Mutual Foundation Announces 29 Grants to Boost Literacy and Access to Higher Education in Wisconsin
The Northwestern Mutual Foundation – the largest corporate giver in the state of Wisconsin – is announcing more than $1.1 million in grants to support literacy and increase access to higher education throughout Milwaukee and Wisconsin.
Of the 29 Foundation grants, 18 are K-12 programs that align with the Foundation’s objective of insuring academic achievement through literacy. Eligible initiatives include outcome-based K-8 grade reading programs that build academic aptitude, helping to increase high school graduation rates.
Eleven Foundation grants support higher education, including several state scholarship funds. Collegiate scholarships support the Foundation’s charge to develop our local economy by providing for the underserved.
“Supporting programs that improve literacy and make the dream of college a financial reality are critical long-term investments in Wisconsin’s future,” said Kimberley Goode, Northwestern Mutual Foundation president. “These grants will directly impact our community’s ability to unlock the potential of Wisconsin’s next generation and advance their development.”
Marquette University is receiving two Foundation grants, including funds to financially assist four first-generation college students and support the construction of the new Eckstein Hall at the Marquette University Law School.
“A high-quality education cultivates future generations of community and business leaders, adding to the long-term stability of our city and state,” said Julie Tolan, vice president for university advancement at Marquette University. “The support of the Northwestern Mutual Foundation – our longtime neighbor – will uplift first generation college scholars and Milwaukee’s law school.”
Teach For America’s Milwaukee program is also another Foundation grant recipient. Comprised of outstanding recent college graduates that commit to two years to expand educational opportunities in urban areas, Teach For America currently has 88 corps volunteers serving in Milwaukee Public Schools.
“According to the 2010 U.S. Census, Milwaukee is the nation’s fourth poorest city – contributing to the plight of Milwaukee Public Schools,” said Garrett Bucks, executive director, Teach For America–Milwaukee. “The Northwestern Mutual Foundation’s contribution allows us to cost-efficiently integrate young, highly motivated educators into MPS – opening the window of opportunity for inner-city students.”
Other programs receiving a Northwestern Mutual Foundation grant include:
K-12 RECIPIENT
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PROGRAM
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Business and Economics Academy of Milwaukee
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Math STARS Summer Enrichment Program
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City Year Milwaukee
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Whole School Whole Child Program
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Franklin Educational Foundation
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21st Century Literacy
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Hope Middle School
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Literacy Program
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Marquette University High School
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Evening Enrichment
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Milwaukee College Preparatory School
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Literacy Enhancements: SCORE and Accelerated Reader Library Books
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Milwaukee Public Library Foundation
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Partnership with Milwaukee Bucks Read to Achieve Literacy Program
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Milwaukee Public Library Foundation
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Summer Reading Program
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MPTV Friends Inc.
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Literary Programming Support
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Next Door Foundation
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Family Literacy Initiative
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The Parenting Network
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Home Instruction for Parents of Preschool Youngsters (HIPPY)
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Partners Advancing Values in Education
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The PAVE School Quality Initiative
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Pearls for Teen Girls
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PEARLS Educational Support Activities
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SHARP Literacy Inc.
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SHARP Literacy Program at Greenfield Bilingual Elementary
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St. Marcus Lutheran School
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St. Marcus College Prep Center & Renaissance Program
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United Community Center
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Time to Read Program
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Urban Day School
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Success for All Reading Program
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HIGHER EDUCATION RECIPIENT
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PROGRAM
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Admission Possible
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Founding Funder of Admission Possible of Greater Milwaukee
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Alverno College
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Northwestern Mutual Scholarship Incentive Program
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Carroll University
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Northwestern Mutual Foundation Scholarship Program
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Concordia University Wisconsin
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Design Your Future Program
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Milwaukee Institute of Art and Design
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Service Learning
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Milwaukee School of Engineering
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Northwestern Mutual Foundation Scholarship Program
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University of Wisconsin-Eau Claire Foundation
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Northwestern Mutual Computer Science Scholarship Fund
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University of Wisconsin-Whitewater
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Northwestern Mutual Foundation IT Scholarships
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University of Wisconsin-Milwaukee Foundation
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Empowering Young Minds Scholarships Serving Underserved Students
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About the Northwestern Mutual Foundation
The mission of the Northwestern Mutual Foundation is to build strong, vibrant communities that serve as a legacy to future generations. The Foundation’s giving is designed to create an impact on the communities where the company’s employees and financial representatives live and work. In fiscal year 2010, the Foundation contributed more than $15 million to nonprofit organizations across the country.
About Northwestern Mutual
The Northwestern Mutual Life Insurance Company – Milwaukee, WI (Northwestern Mutual) - the “World’s Most Admired” life insurance company in 2011 according to FORTUNE® magazine - has helped clients achieve financial security for more than 150 years. As a mutual company with $1.2 trillion of life insurance protection in force, Northwestern Mutual has no shareholders. The company focuses solely and directly on its clients and seeks to deliver consistent and dependable value to them over time. Northwestern Mutual and its subsidiaries offer a holistic approach to financial security solutions including: life insurance, long-term care insurance, disability insurance, annuities, 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; and Russell Investments.
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