Supporting our Communities
From the beginning, we’ve had a single purpose: to help people secure their future and protect the ones they love. More than 160 years later, that commitment remains our guiding principle, for our clients and our communities.
In the communities where we operate, we’re more than employers. We’re neighbors, colleagues, parents and friends. And we believe we can help those communities become better places to live, work and play. The focus of our commitment to our communities is to broaden Economic Opportunity by leveraging our financial resources, human capital, and business products.
MassMutual and the MassMutual Foundation invest more than $11 million annually in nonprofit organizations to support initiatives focusing on our giving priority of Economic Opportunity: Financial Education, Education and Economic Development. Nonprofits in Springfield, MA and Enfield, CT that fall within our grantmaking guidelines are eligible to apply for funding.
Mutual ImpactSM is an employee-driven community investment program intended to drive collective impact in the communities where we work. Employees are empowered to select cause areas, choose grantees, donate funds and amplify change through volunteerism. After a successful inaugural giving campaign, we are making $1.4 million in grants to 22 nonprofits.
FutureSmartSM is a national middle school financial education program challenging young leaders to take steps toward a successful career and financial wellness for themselves, their families and their communities. In-person events at NBA affiliate arenas around the country reach 10,000 students annually.
Career Pathways connects eligible local high school students to skills training and development, mentoring, internships, scholarships and opportunities for employment at MassMutual and within the financial services and information technology industries.
LifeBridgeSM helps young people fulfill their potential through the value of our core product — life insurance. This national initiative helps fund a child’s education by issuing $50,000 term life insurance policies to benefit the children of eligible working parents, with no cost to the parent. In fact, MassMutual pays the premiums. As of year-end 2015, we’ve issued more than 13,600 policies representing over $680 million in coverage.