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Corporate Responsibility

Confidence, strength, stability and long-term prosperity are among the attributes that have helped to define our business for generations. These are also attributes to which every community should aspire. That's why MassMutual is committed to being a responsible and contributing member to the places we live and work — from our headquarters in Springfield, MA, to our other home offices in Enfield, CT, Phoenix, AZ, Boston, MA, and Memphis, TN, to the hometowns of our financial professionals across the country.

Annual & Corporate
Responsibility Report


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

    MassMutual also makes available to local, eligible nonprofit 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.

    In 2013, MassMutual has donated nearly $8 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 year-end 2013, we are well over halfway to our goal, having provided over $660 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 40 $5,000 renewable MassMutual scholarships . 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 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 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 2nd. For details or to apply, visit

    Junior Achievement
    MassMutual employees and financial professionals across the country continue to share their business knowledge by volunteering their time with Junior Achievement (JA). JA is 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. In 2013, we assisted in educating over 8,000 students through JA. We have earned 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 nonprofit 501(c)(3) 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.

    United Way

    MassMutual and its employees are top corporate contributors to the United Way. Through our annual Fall pledge drive and special events, we contributed $2.5 million dollars to the United Way in 2013. Approximately 45 percent of that total supports the United Way of Pioneer Valley, while 55 percent supports United Way organizations across the country where our employee and field professionals live and work. MassMutual employees also reach out to nonprofit 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, LLC, Members FINRA ( and SiPC ( MML Strategic Distributors, LLC and MML Investors Services, LLC are subsidiaries of Massachusetts Mutual Life Insurance Company, 1295 State Street, Springfield, MA 01111-0001.



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