STOCK TITAN

The Cigna Group Foundation Honors David M. Cordani's Leadership with New Grant to Strengthen Military Communities

Rhea-AI Impact
(Low)
Rhea-AI Sentiment
(Very Positive)
Tags

The Cigna Group (NYSE: CI) Foundation launched the David M. Cordani Courage in Service Grant, a $1.5 million, 10-year program supporting military and veteran communities through social connection and well-being initiatives.

The annual $150,000 grant will fund one U.S. nonprofit, with applications due July 30, 2026.

Loading...
Loading translation...

AI-generated analysis. How Rhea-AI works. Not financial advice.

Positive

  • None.

Negative

  • None.

News Market Reaction – CI

+0.86%
+0.86% News Effect

On the day this news was published, CI gained 0.86%, reflecting a mild positive market reaction.

Data tracked by StockTitan Argus on the day of publication.

See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google
Add on Google

New "Courage in Service" grant builds on company's long-standing support for military and veteran communities.

BLOOMFIELD, Conn., June 25, 2026 /PRNewswire/ -- The Cigna Group Foundation, the philanthropic arm of The Cigna Group (NYSE: CI), today announced the launch of the David M. Cordani Courage in Service Grant, a new $1.5 million, 10-year commitment to support the health and well-being of military and veteran communities by prioritizing social connection.

The grant comes as Cordani, who has served as chief executive officer of The Cigna Group for 17 years, is set to retire as CEO and become executive chair of the company's Board of Directors. It builds on the Foundation's and Cordani's long-standing focus on improving the health and vitality of military and veteran communities through trusted community-based support networks.

Each year, $150,000 will be awarded to one nonprofit serving military and veteran communities to support programs that strengthen connections, improve well-being, and increase stability for individuals and families navigating key life transitions.

"This new grant honors David Cordani's 17 years as CEO of The Cigna Group and his unwavering commitment to those who serve our country," said Melissa Skottegaard, board chair of The Cigna Group Foundation. "Throughout his tenure, David has championed initiatives that expand access to care and opportunity for veterans and military families—guided by a deep respect for their service. It is fitting that this fund extends his legacy, helping ensure veterans and military have the support they need for their best health and vitality."

How the Grant Supports Military Communities

The Courage in Service Grant will support nonprofit organizations that deliver:

  • Programs that reduce isolation and strengthen resilience among military families through peer support
  • Community-centered health and wellness hubs offering physical activity, wellness programming, and mental health support
  • Transition-focused services that help individuals and families navigate key military life moments such as deployment, relocation, recovery, and reintegration

Learn more about The Cigna Group Foundation's programs and impact here.

Grant Applications Now Open, Deadline to Apply July 30, 2026

The Courage in Service Grant is open to eligible nonprofit organizations across the United States. Interested organizations can visit The Cigna Group Foundation's website to review program requirements, eligibility criteria, and application instructions. Grant requests must total $150,000 for a one-year period.

Applications are open now through Thursday, July 30, 2026, at 5:00 p.m. ET. A single grantee will be announced later this year, with the grant term beginning January 1, 2027.

About The Cigna Group Foundation

The Cigna Group Foundation is a private foundation funded by contributions from The Cigna Group (NYSE:CI) and its subsidiaries. The Cigna Group Foundation aims to support, collaborate, and convene with nonprofit organizations addressing society's greatest health challenges. In addition to increasing access to programs and care in geographies demonstrating significant need, the Foundation responds with humanitarian aid relief during critical times and strengthens colleagues' support of causes through matching donations and volunteer rewards. To learn more, visit www.thecignagroup.com/community.

About The Cigna Group:

The Cigna Group (NYSE:CI) is a global health company committed to creating a better future built on the vitality of every individual and every community. We relentlessly challenge ourselves to partner and innovate solutions for better health. The Cigna Group includes products and services marketed under Cigna Healthcare, Evernorth Health Services or its subsidiaries. The Cigna Group maintains sales capabilities in more than 30 countries and jurisdictions and has more than 180 million customer relationships around the world. Learn more at www.thecignagroup.com.

Media Contact:
Danielle DiStefano
media@thecignagroup.com

Cision View original content to download multimedia:https://www.prnewswire.com/news-releases/the-cigna-group-foundation-honors-david-m-cordanis-leadership-with-new-grant-to-strengthen-military-communities-302810827.html

SOURCE The Cigna Group Foundation

FAQ

What is the David M. Cordani Courage in Service Grant from The Cigna Group (NYSE: CI)?

The David M. Cordani Courage in Service Grant is a $1.5 million, 10-year commitment supporting military and veteran communities. According to The Cigna Group Foundation, it focuses on social connection, resilience, and stability through community-based nonprofit programs across the United States.

How much funding does The Cigna Group Courage in Service Grant provide each year?

The Courage in Service Grant provides $150,000 in funding each year to a single nonprofit. According to The Cigna Group Foundation, this one-year grant supports programs that strengthen connections, improve well-being, and increase stability for military and veteran individuals and families.

When is the application deadline for The Cigna Group Courage in Service Grant in 2026?

Applications for the 2026 Courage in Service Grant are open now and close July 30, 2026, at 5:00 p.m. ET. According to The Cigna Group Foundation, one U.S. nonprofit will be selected later in 2026, with funding beginning January 1, 2027.

Who is eligible to apply for The Cigna Group Foundation Courage in Service Grant?

Eligible applicants are nonprofit organizations across the United States serving military and veteran communities. According to The Cigna Group Foundation, organizations must request exactly $150,000 for a one-year period and align with priorities like social connection, resilience, and transitional support.

What types of programs will The Cigna Group Courage in Service Grant support?

The grant will support programs that reduce isolation, strengthen resilience, and aid key life transitions for military families. According to The Cigna Group Foundation, examples include peer support, wellness hubs offering physical and mental health services, and transition-focused services for deployment or reintegration.

How does the Courage in Service Grant honor David M. Cordani’s leadership at The Cigna Group?

The grant honors David M. Cordani’s 17-year tenure as CEO and his focus on military communities. According to The Cigna Group Foundation, it extends his legacy by funding community-based programs that promote health, vitality, and support for veterans and military families nationwide.