The arts scene continues to thrive in Central Iowa thanks to the more than $300,000 in grants given out by the Principal Financial Group ® and the Principal Financial Group Foundation for the third quarter of 2012. Grant funding was presented to 30 organizations focused on providing access to the arts and celebrating the cultural diversity found in our community. So far in 2012, The Principal ® has provided $10,600,000 in philanthropic investments in the communities where its employees live and work. “Artistic and cultural programs help communities grow,” said Mary O’Keefe, senior vice president and chief marketing officer, The Principal. “These programs enrich the lives of our employees and their families, and help the Central Iowa community to attract and retain top talent.” Among the programs receiving funding were:
- Des Moines Art Center- Funds will support the free admission program which gives the public year-round access to showcased art and education at no charge.
- Iowa Public Radio - Funding will support the “ Being in Iowa” program which is a multi-part series of in-depth reports on what it’s like being a member of various minority groups in Iowa. The show features people from a range of ethnic, religious, and societal backgrounds, and the daily challenges they face.
- Arts for the City- The grant will support the After School Arts Program (ASAP) which connects artistically gifted third – fifth grade students with challenging and enriching arts classes that are guided by experienced artists. Transportation and material costs are covered for students in need.
About the Principal Financial GroupThe Principal Financial Group ® (The Principal ®) 1 is a global investment management leader offering retirement services, insurance solutions and asset management. The Principal offers businesses, individuals and institutional clients a wide range of financial products and services, including retirement, asset management and insurance through its diverse family of financial services companies. Founded in 1879 and a member of the FORTUNE 500 ®, the Principal Financial Group has $392.2 billion in assets under management 2 and serves some 18.3 million customers worldwide from offices in Asia, Australia, Europe, Latin America and the United States. Principal Financial Group, Inc. is traded on the New York Stock Exchange under the ticker symbol PFG. For more information, visit www.principal.com. 1 “The Principal Financial Group” and “The Principal” are registered service marks of Principal Financial Services, Inc., a member of the Principal Financial Group. 2 As of September 30, 2012.