Lynchburg, Virginia Nonprofits and K-12 Schools to Receive $500,000 from Pacific Life Foundation
LYNCHBURG, Va.--(BUSINESS WIRE)--Jan 15, 2020--
The Pacific Life Foundation announced today it will provide $500,000 in grants to nonprofit organizations and K-12 schools in the greater Lynchburg, Virginia area during 2020. Since 2016, Pacific Life and the Pacific Life Foundation has donated more than $800,000 to the Lynchburg community.
The Pacific Life Foundation’s initial 2020 grants were presented to 28 nonprofit agencies on January 14 at the inaugural Grants Reception Breakfast held at Pacific Life’s Lynchburg office.
Grants totaling $225,000 have been awarded to nonprofit organizations in the areas of arts and culture; civic, community and economic development; education; and health and human services.
The 2020 recipients include:
The Pacific Life Foundation 3Ts of Education program will award a total of $49,500 in grants to local K-12 schools where concentrations of children and grandchildren of Pacific Life employees attend. The educational grants are designed in one of the following areas: teacher training, textbooks or technology. The 13 Lynchburg-area schools include:
As part of Pacific Life’s annual United Way Campaign, the Pacific Life Foundation matches every dollar donated by employees. Planned giving in 2020 to the United Way of Central Virginia is expected to be approximately $34,000. The Pacific Life Foundation will also match employee gifts to local-area nonprofits, provide service opportunities for employees to give back to the Lynchburg community, and provide a team leadership grant in support of Pacific Life’s volunteer program, the Good Guys.
Supporting communities where Pacific Life employees work and live, the Pacific Life Foundation plans to give a total of $7.25 million in charitable grants in 2020.
About Pacific Life and the Pacific Life Foundation
For more than 150 years, Pacific Life has helped millions of individuals and families with their financial needs through a wide range of life insurance products, annuities, and mutual funds, and offers a variety of investment products and services to individuals, businesses, and pension plans. Pacific Life counts more than half of the 100 largest U.S. companies as its clients and has been named one of the 2019 World’s Most Ethical Companies ® by the Ethisphere Institute. For additional company information, including current financial strength ratings, visit www.PacificLife.com.
The Pacific Life Foundation (the Foundation) was established in 1984. Together with Pacific Life, the Foundation has contributed more than $116 million to community and national nonprofit organizations. Grants are made to organizations that address a broad spectrum of social needs. Additional information about the Foundation can be found at www.PacificLifeFoundation.com.
Pacific Life refers to Pacific Life Insurance Company and its affiliates, including Pacific Life & Annuity Company. Client count as of June 2019 is compiled by Pacific Life using the 2019 FORTUNE 500 ® list.
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CONTACT: Jesse Page
KEYWORD: VIRGINIA UNITED STATES NORTH AMERICA
INDUSTRY KEYWORD: MEN PROFESSIONAL SERVICES PHILANTHROPY CONSUMER PRIMARY/SECONDARY FUND RAISING TEENS EDUCATION FOUNDATION CHILDREN INSURANCE WOMEN OTHER PHILANTHROPY
SOURCE: Pacific Life Foundation
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PUB: 01/15/2020 10:00 AM/DISC: 01/15/2020 10:01 AM