Allianz Life Contributes $275,000 to Nonprofits for Supporting Seniors and Elder Financial Abuse Prevention

16 Local Senior Service Organizations Awarded Grants for Their Work
in the Community

MINNEAPOLIS–(BUSINESS WIRE)–Allianz Life Insurance Company of North America (Allianz
Life
®) announced today donations of $275,000 awarded to
Twin Cities area charitable organizations for their focus on enhancing
seniors’ quality of life. Through community programming and outreach,
these nonprofits help seniors remain self-sufficient. More than 70,000
local seniors utilize the programs provided by these organizations.

While grant recipients offer a broad variety of senior assistance
programs, as a new focus this year, three organizations will use their
grant funding to tackle elder financial abuse. Mid-Minnesota Legal
Assistance (Legal Aid), Minnesota Elder Justice Center and Tubman will
help elder financial abuse victims and provide education on elder
financial abuse prevention. Other grant recipients will provide
programming aimed at assisting caregivers, offering companionship and
supporting wellness. Some programs will also help with basic needs such
as food, transportation, adaptive living, yard work and house painting.

“Allianz Life is committed to supporting the well-being of seniors in
our community, and we look forward to putting our grants to good use,”
said Allianz Life President and CEO Walter White. “As I’ve seen
firsthand, seniors receiving these services thrive in their community,
and our employees and others who volunteer build strong connections to
the people they support.”

Sixteen organizations received grants from Allianz Life ranging from
$10,000 to $35,000 as part of the Allianz Life Senior Services Grant
Program. The 2015 Allianz Life Senior Services Grant recipients are:

Organizations were chosen by the Allianz Life Community Relations
Governance Committee, which oversees Community Relations policies that
ensure charitable practices are in line with Allianz Life’s core values.
Organizations must illustrate how their community programs help seniors
remain self-sufficient and enhance their quality of life.

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

About Allianz Life

Allianz
Life Insurance Company of North America
, one of FORTUNE’s 100 Best
Companies to Work For in 2015, 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. As a leading provider of fixed index annuities,
Allianz Life is part of Allianz SE, a global leader in the financial
services industry with 147,000 employees 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
Sara Thurin
Rollin, 763-765-6703
sarathurin.rollin@allianzlife.com