|[December 11, 2013]
The Principal Financial Group Pledges Record $6.7 Million to United Way
DES MOINES, Iowa --(Business Wire)--
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
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. Te 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.
Over 80 nationally and 70 Central Iowa employees of The Principal are
members of United Way's Tocqueville Society, recognizing individuals and
families who annually contribute $10,000 or more to United Way. And over
220 joined United Way Women's Leadership Connection and Education
Fifty employees of The Principal serve on United Way's board of
directors or other policy-making committees.
The Principal is a past recipient of both the Spirit of America and
Spirit of Central Iowa awards, the highest annual honor given to a
single company for their overall community support through United Way.
United Way of Central Iowa will announce its overall campaign results in
ABOUT UNITED WAY OF CENTRAL IOWA
United Way of Central
Iowa's mission is to improve lives by uniting the caring power of our
community. United Way creates lasting community change by focusing on
bold community goals in education, income and health, the building
blocks for a good quality of life. For nine consecutive years, United
Way of Central Iowa has earned a 4 Star rating (the highest rating
given) by Charity Navigator, which means United Way outperforms 99% of
the nation's charities in financial accountability and responsibility.
To learn more about United Way of Central Iowa, please visit www.unitedwaydm.org.
About the Principal Financial Group
The 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 $466.2 billion in assets under management2 and
serves some 19.0 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 Sept. 30, 2013.
Photos/Multimedia Gallery Available: http://www.businesswire.com/multimedia/home/20131211005950/en/
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