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:

• The
  Amherst H. Wilder Foundation ($20,000) – supporting their Services
  for Aging program.
• Canvas
  Health ($15,000) – supporting their Service Coordination and
  Transportation for Seniors program.
• Catholic
  Charities of St. Paul and Minneapolis ($15,000) – supporting their
  Aging Services program.
• CommonBond
  Communities ($15,000) – supporting their Advantage Services for
  Seniors program.
• Friends
  of the Hennepin County Library ($15,000) – supporting their
  Deposit Collections and At-Home Services for seniors and people with
  disabilities.
• Intercongregation
  Communities Association (ICA) ($10,000) – supporting their Food
  for Our Seniors program.
• Keystone
  Community Services ($35,000) – supporting their seniors program.
• Little
  Brothers Friends of the Elderly ($15,000) – supporting their
  overall program.
• Mid-Minnesota
  Legal Assistance (Legal Aid) ($15,000) – supporting their Senior
  Law Project program.
• Minneapolis
  Institute of Arts ($15,000) – supporting their museum programs
  benefitting seniors, including the Discover Your Story program.
• Minnesota
  Elder Justice Center ($15,000) – supporting their Prevention of
  Elder Abuse program.
• Sabathani
  Community Center ($10,000) – supporting their seniors program.
• Senior
  Community Services ($25,000) – supporting their Senior Outreach
  and Caregiver Services program.
• Store
  To Door ($25,000) – supporting their Live-Well at Home Screenings
  program.
• Theater
  Latte Da ($15,000) – supporting their Seniors and Family program.
• Tubman
  ($15,000) – supporting their Legal Advocacy for Older Victims of Crime
  program.

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