Grants for Good.
Our grants, made primarily through the New York Life Foundation, are focused mainly on supporting children and the community-based efforts where our agents and employees are involved.
Since the Foundation’s founding in 1979, we have provided almost $238 million in charitable contributions to national and local nonprofit organizations.
Grants are awarded to nonprofit organizations with tax-exempt status under Section 501(c)(3)of the IRS. Private foundations, individuals, and government agencies are not eligible to receive grants from the Foundation. Applications are accepted by invitation only.
Our funding focus.
The Foundation focuses its funding on two key issues: educational enhancement and childhood bereavement.
We support projects that help economically disadvantaged eighth-graders get to ninth grade on time. Research has shown that for disadvantaged students, more learning time in the form of high-quality afterschool, expanded-day, and summer programs leads to greater achievement, better school attendance, and more engaged students. Four of our main partners in this endeavor are:
The New York Life Foundation supports organizations which help children deal with the death of a parent, sibling, or other close loved one. One in twenty children experiences the death of a parent by the time he or she is 16 years old.
We also work with experts in the field to develop and disseminate resources for adults who interact with grieving children. Our website, www.AChildinGrief.com, provides parents, family members, educators, and other concerned adults with the tools they need to help a child cope with his or her loss. These are a few of our partners in this field:
Community Impact Grants.
Community Impact Grants are competitively awarded to the nonprofit organizations in which New York Life’s agents and field managers are involved philanthropically and through volunteer efforts. Awards range from $5,000 to $25,000.