During a Giving Tuesday celebration, the Principal Financial Group® announced a record level of support for the annual United Way campaign – surpassing $6.7 million for the nonprofit organization. The total includes $3.38 million in pledges contributed by over 7,200 of the company’s United States employees, agents and retirees. The total also includes the dollar-for-dollar match from The Principal Financial Group Foundation.
The Principal Financial Group Pledges Record $6.7 Million to United Way (Photo: Principal Financial)
“I’m moved by the generosity of our employees and their commitment to helping those in need.” says Larry Zimpleman, chairman, president and CEO of The Principal. “Even more striking is the fact that this generosity does not end after our three week campaign concludes. It continues year-round through our employee’s advocacy and volunteering efforts.”
A total of $4.8 million will be donated to United Way of Central Iowa and an additional $1.9 million will be given to United Way organizations across the country where The Principal employees live and work. The record-setting campaign is the highest level of United Way contributions from this organization since 2008. The Principal is the largest corporate donor to United Way of Central Iowa, Des Moines, also home to the company’s corporate headquarters.
The Principal also launched a new United Way initiative during the 2013 United Way campaign, “The United Way Ambassador Program at The Principal.” More than 700 employees across the nation signed up to be a part of this unique program. Ambassadors signed a pledge to give back to their communities and be an advocate year-round for United Way.“The Principal Financial Group and its employees are the cornerstone of the success of United Way of Central Iowa, and other communities across the country. In central Iowa, their financial support, volunteer service and advocacy for important issues are the reason our community is able to make strong progress toward community goals in education, income and health,” says United Way of Central Iowa President Mary Sellers.
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