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Corporate Responsibility

Corporate responsibility and community involvement are important components of how we operate our organization. We believe that doing business the right way, that continually working to make good decisions, results in a long-term prosperity that benefits our people, planet, communities and culture. This fundamental belief drives our business strategy and operating principles, and is a part of the fabric of our organization.

Annual & Corporate
Responsibility Report


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    MassMutual believes the best way to support the communities in which we live and work is by contributing to the education, health and financial well-being of the people who make up those communities.

    Charitable Giving

    MassMutual helps enhance the quality of life across our communities by supporting efforts within our focus areas of education and career pathways, economic development and community vitality. We do this through grant making and various collaborative efforts.

    MassMutual concentrates its charitable contributions, for the most part, in its home office communities of Enfield, CT and Springfield, MA. To be considered, all applicants must show proof of tax-exempt, non-profit status. The MassMutual Contributions Review Committee periodically assesses community needs and sets priorities for the program.

    MassMutual also makes available to local, eligible non-profit organizations in-kind donations such as surplus furniture, IT equipment and office supplies. To make a request, use our new
    In-Kind Donation Request Online Application.

    For the past three years, MassMutual has donated more than $7 million annually through its local and national programs.


    We continue to make education a priority, by providing for educational expenses following the loss of a parent through our unique LifeBridgeSM Free Life Insurance Program, as well as through our Career Pathways programs which provide students with 21st century skills and development opportunities to prepare them as our future workforce.

    LifeBridgeSM - Free Life Insurance Program
    Our unique LifeBridge Free Life Insurance Program provides $50,000 term life insurance policies free-of-charge to eligible parents or guardians. We pay the premiums and our agents drive the program in their communities. If an insured parent or guardian dies during the 10-year term, a $50,000 benefit funds a trust serviced by our trust company to help pay their children's educational expenses (trust services are provided by the MassMutual Trust Company, FSB). Our goal is to give away $1 billion in coverage. As of May 1, 2013, we are well over halfway to our goal, having provided over $645 million in free life insurance coverage across the country.

    MassMutual Career Pathways

    Our Career Pathways Program helps raise awareness among eligible students by providing information to those students, their parents and educators regarding careers at MassMutual and within the financial services industry. The program connects eligible students to MassMutual scholarships, skills training and development, mentoring, internships and opportunities for employment.

    MassMutual Academic Achievement Program
    Eligible high school students in Springfield, MA who maintain a B-or-better average for four consecutive marking periods are recognized as MassMutual Academic Achievers. Achievers become eligible for incentives to help them continue their academic success, including free access to the PSAT exam, workshops on college admissions, financial aid and career exploration. MassMutual Academic Achievers have access to our Career Pathways initiatives, including the Junior Achievement Stock Market Investment Competition, Job Shadow Day, and internships, as well as the MassMutual Scholars Program. In 2013, more than 700 Springfield high school students earned recognition as MassMutual Academic Achievers.

    MassMutual Scholars Program (in our home office communities)
    One component of our Career Pathways Program is the MassMutual Scholars Program, where eligible students interested in careers in financial services can apply for one of the 40 $5,000 renewable MassMutual scholarships we give away (for details or to apply online, visit The Community Foundation of Western Massachusetts). Scholarship recipients are also eligible to apply for internships at MassMutual that will provide them with hands-on experience in the financial services industry.

    MassMutual Scholars (national)
    MassMutual is focused on providing an opportunity for higher education and employment to students who reflect the rich cultural diversity of our nation. We seek to increase the number of minority students completing college nationally, raise awareness of careers in financial services, and recruit and retain the top talent touched by our programs.

    MassMutual is offering $150,000 in scholarships - up to $5,000 per scholar. Eligible scholars are college students of African-American, Hispanic, Asian or Pacific Islander descent who are entering their sophomore, junior, senior or fifth-year senior undergraduate year at an accredited college or university and are interested in pursuing a career in the insurance and financial services industry. All majors will be considered.

    The application opens on January 3rd and closes on May 2, 2014. For details or to apply, visit

    Junior Achievement
    Employees across MassMutual continue to volunteer their time and business knowledge with Junior Achievement (JA), the world's largest organization dedicated to educating students in grades K-12 about entrepreneurship, work readiness and financial literacy through experiential, hands-on programs. Our work with JA has earned us recognition by Junior Achievement USA as a Top 10 Volunteer Resource Provider in the U.S. (2009) as well as the President's Volunteer Service Award (2010), authorized to honor corporations that provide classroom volunteers to teach JA's educational programs.

    Economic Development

    MassMutual’s role in the economic development arena for the City of Springfield is that of catalyst for the implementation of strategic development initiatives. These important initiatives help drive the redevelopment projects which improve the State Street corridor and its six adjacent neighborhoods.

    State Street Alliance
    Working closely with city officials, MassMutual helped convene a group of more than 50 property owners, academic institutions, community-based organizations, and neighborhood groups to form the State Street Alliance. This group's primary mission is to develop, promote, support and implement a comprehensive economic development strategy for the State Street corridor, a 3.2 mile central artery of the city.

    MassMutual championed the creation of DevelopSpringfield, a non-profit 501c3 corporation formed with the purpose of developing and implementing creative revitalization strategies, land assembly and development, all of which support sound residential, commercial and/or industrial development opportunities.

    HOME Program
    Our Home Ownership for MassMutual Employees (HOME) program was created to provide full time employees of MassMutual, MassMutual International LLC, The MassMutual Trust Company FSB, and MML Investors Services the opportunity to realize their dream of homeownership in MassMutual's home office community of Springfield, MA. The program has been carefully designed to enhance employees’ quality of life by providing education and information on various aspects of homeownership, access to materials and services, and annual awards of forgivable loans of $7,500 or $10,000 to qualified employees.

    Habitat for Humanity
    Over the course of seven months in 2010, more than 300 employees from MassMutual worked with Habitat for Humanity and other community volunteers to help build a home for a family of first-time home buyers. MassMutual and its subsidiary, Babson Capital Management LLC, provided more than $100,000 to fund the project while MassMutual’s employees provided more than 2,000 volunteer hours.

    United Way

    MassMutual and its employees are top corporate contributors to the United Way of the Pioneer Valley. Our annual community campaign also supports the United Way of Central and Northeastern Connecticut, as well as United Way organizations in the communities in which our agencies do business. Through the annual fall pledge drive and special events, employees and our eligible General Agents give over $2 million dollars to the United Way and the company matches their donations up to $1 million. MassMutual employees also reach out to non-profit organizations in neighboring communities, offering their time, skill, and energy on the annual United Way Day of Caring.

    For additional information, please send us an e-mail.

    Insurance products issued by Massachusetts Mutual Life Insurance Company (MassMutual), 1295 State Street, Springfield, MA 01111-0001 and its subsidiaries C.M. Life Insurance Company and MML Bay State Life Insurance Company, 100 Bright Meadow Boulevard, Enfield, CT 06082.

    Principal Underwriters: MML Strategic Distributors, LLC. and MML Investors Services, Members FINRA ( and SiPC ( MML Strategic Distributors, LLC. and MML Investors Services are subsidiaries of Massachusetts Mutual Life Insurance Company, 1295 State Street, Springfield, MA 01111-0001.



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