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Ameriprise Financial and its Employees and Advisors Pledge More Than $4.6 Million to Nonprofit Organizations
Employee Giving Campaign kicks off with a $10,000 donation to Emergency Food Network, enabling fresh produce to be delivered to charities across Minnesota.
MINNEAPOLIS — (January 2, 2008) — Continuing a rich tradition of supporting communities across the country, Ameriprise Financial, Inc. (NYSE: AMP) partnered with its employees and financial advisors to pledge more than $4.6 million to nonprofit organizations through the company's 2007 Employee Giving Campaign. Employee and advisor donations totaled more than $2.3 million, and a dollar-for-dollar match by Ameriprise Financial, combined with other special events, resulted in the total pledge. The campaign's 74 percent participation rate and total donations topped previous company records.
Ameriprise Financial kicked off this year's campaign with a $10,000 corporate donation to the Emergency Food Network. As a result, the organization was able to receive three semi truck loads, or close to 135,000 pounds, of fresh fruits and vegetables from Arizona and Mexico. The fruit and vegetables, which were valued at $400,000, were distributed through a network of more than 150 hunger relief organizations and programs throughout Minnesota.
"Ameriprise Financial shares our employees' commitment to making our communities better places to live and work," said Brian Pietsch, vice president of state government affairs and community relations at Ameriprise Financial. "It is inspiring to see their personal dedication to charitable giving and to know that in partnering with them, our company is providing support to more than 5,000 organizations across the country."
Ameriprise Financial conducts an "open" campaign, allowing employees to designate their contributions to any eligible nonprofit organization or one of the company's featured federations, including America's Charities, Community Health Charities, Earth Share, Global Impact and United Way.
Through programs like the Employee Giving Campaign, Ameriprise Financial supports organizations whose shared goals are to improve people's lives and strengthen communities.
Ameriprise Financial, Inc., is a leading financial planning and services company with 12,000 financial advisors and registered representatives that provides solutions for clients' asset accumulation, income management and insurance protection needs. The company's financial advisors deliver tailored solutions to clients through a comprehensive and personalized financial planning approach built on a long-term relationship with a knowledgeable advisor. The company specializes in meeting the retirement-related financial needs of the mass affluent and affluent. Financial planning services and investments are available through Ameriprise Financial Services, Inc., Member FINRA and SIPC. For more information, visit ameriprise.com.
For more information or to schedule an interview, contact Stacy Housman, Media Relations, at (612) 678-7215 or stacy.m.housman@ampf.com.
© 2008 Ameriprise Financial, Inc. All rights reserved.