Allianz Life Gives $275,000 in Grants to Nonprofits Supporting Senior Services

$1.9 million given by Allianz Life Senior Services Grant Program over
last seven years

MINNEAPOLIS–(BUSINESS WIRE)–Allianz Life Insurance Company of North America (Allianz
Life
®) announced that it renewed $275,000 in grants to
Twin Cities area nonprofits that help enhance seniors’ quality of life.
Through community programming and outreach, these organizations help
seniors remain self-sufficient, offer community connections and provide
education about elder financial abuse prevention. Since 2009, the
Allianz Life Senior Services Grant Program has given more than $1.9
million to nonprofits serving seniors.

Grant recipients offer various assistance programs. Selected
organizations provide basic needs support for the elderly, including:
food, transportation, adaptive living, yard work and house painting.
Other selected organizations help support elder financial abuse victims,
provide resources to prevent elder financial abuse and offer assistance
for caregivers.

In addition to giving grants to support seniors’ wellbeing, Allianz Life
partners with the Better
Business Bureau of Minnesota and North Dakota
to provide the Safeguarding
Our Seniors
volunteer program. This program sends volunteers to
senior or community centers to educate and encourage discussion on the
topic of preventing elder financial abuse. To date, volunteers have
given more than 70 presentations, providing information to more than 900
seniors.

“One of the primary goals of this grant program is to support nonprofits
that enable local seniors to thrive and live as independently as
possible,” said Allianz Life President and CEO Walter White. “These
organizations improve the lives of many seniors in our community by
providing resources that help them remain active, and tools to enable
them to stay safe financially.”

Sixteen organizations received grants ranging from $10,000 to $35,000
including:

Note to editors: Photograph available of Allianz Life President and CEO
Walter White volunteering with employees during a yard cleanup program
directed by Senior Community Services.

About Allianz Life Insurance Company of North
America

Allianz
Life Insurance Company of North America
, one of FORTUNE’s 100 Best
Companies to Work For in 2016, has been keeping its promises since 1896.
Today, it carries on that tradition, helping Americans achieve their
retirement income and protection goals with a variety of annuities and
life insurance products. In 2015, Allianz Life provided a total of $2.4
billion in benefit payments that supported policyholders’ financial
objectives. As a leading provider of fixed index annuities, Allianz Life
is part of Allianz SE, a global leader in the financial services
industry with 142,000 employees in more than 70 countries worldwide.
More than 85 million private and corporate customers rely on Allianz
knowledge, global reach, and capital strength to help them make the most
of financial opportunities.

Contacts

Allianz Life Insurance Company of North America
Tessa
Dahlstrom, 763-765-7763
tessa.dahlstrom@allianzlife.com

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