Jackson Awards $730,000 in Grants to Nonprofits Across Lansing, Nashville and Chicago

LANSING, Mich.--(BUSINESS WIRE)-- Jackson National Life Insurance Company® (Jackson®), the main operating subsidiary of Jackson Financial Inc.ⁱ (NYSE: JXN), today announced it has awarded $730,000 to nonprofits serving the communities where Jackson has offices: Lansing, Michigan; Nashville, Tennessee; and Chicago, Illinois. These grants will fund a variety of initiatives led by the nonprofit recipients, including a senior meal kit program, career development for young adults and a grocery delivery program for unhoused youth.

“Jackson’s grant program provides an opportunity for us to help meet the critical needs of our community,” said Susannah Berry, Assistant Vice President, Corporate Philanthropy and Events, Jackson. “During this time of growing food insecurity, we are committed to investing in programs that support our most vulnerable neighbors. As part of this grant cycle, our funding of the Greater Lansing Food Bank’s senior meal kits program will triple the number of older adults they serve. We’re honored to play a role in this important work and the work of many other organizations to strengthen families and increase economic opportunities.”

Jackson has awarded $105,000 to the Greater Lansing Food Bank for its monthly food box program, designed to improve the health of people with low income who are at least 60 years old by supplementing their diets with nutritious food made conveniently accessible to them. The senior meal kits program is a critical component to helping fulfill the Greater Lansing Food Bank’s mission of alleviating hunger, one meal at a time, and creating a future where everyone has access to nourishing food.

“At Greater Lansing Food Bank, we work toward more than just ensuring neighbors have enough food — we seek to improve our neighbors’ nutrition security by creating consistent access to a nutritious variety of foods that support long-term health and wellbeing at all stages of life,” said Michelle Lantz, CEO, Greater Lansing Food Bank. “This grant will help further this goal by addressing the unique nutritional needs of senior neighbors, many of whom live on fixed income from Social Security or retirement savings, which can limit food budgets.”

In Nashville, Jackson provided a $20,000 grant to Monroe Harding to support Works Wonders, a research-based, career development program that serves at-risk young adults from under-resourced families and communities. Through this program, Monroe Harding helps ensure foster care youth and vulnerable young adults can build a strong foundation that positions them for success in adulthood.

"We are incredibly grateful to Jackson for investing in the potential of the young people we serve,” said Pamela Madison, CEO, Monroe Harding. “Through their support of our Works Wonders development program, more young adults who have experienced foster care will gain access to career coaching, job training, and the tools they need to build bright and independent futures. This partnership helps open doors to meaningful employment and long-term stability, and we are honored to work alongside Jackson to strengthen opportunities for Nashville’s youth."

In addition, Jackson awarded a $25,000 grant to Chicago-based Care for Friends, a community hub dedicated to addressing food, housing and healthcare challenges by breaking down barriers that prevent housing and food insecure individuals from accessing essential services. The grant will support the organization’s new facility, enhancing its grocery delivery initiative and expanding access to nutritious food for individuals and families in low-income areas.

“We are thrilled to deepen our meaningful partnership with Jackson,” said Hope Pavich, Executive Director, Care for Friends. “This generous gift will be invested directly into our Care for Friends Community Hub, allowing us to expand our food support programs, including grocery delivery for unhoused youth and families, at a time when these services are more critical than ever."

Jackson’s grant program is a critical component of its corporate philanthropic efforts. Nonprofit organizations in the Lansing, Nashville or Chicago areas interested in applying for a grant from Jackson are encouraged to submit an application for consideration by visiting the company’s website. Jackson has contributed more than $91 million to nonprofits since 2007, and Jackson associates volunteer thousands of hours annually with nonprofits nationwide.

ABOUT JACKSON

Jackson® (NYSE: JXN) is committed to helping clarify the complexity of retirement planning—for financial professionals and their clients. Through our range of annuity products, financial know-how, history of award-winning service* and streamlined experiences, we strive to reduce the confusion that complicates retirement planning. We take a balanced, long-term approach to responsibly serving all our stakeholders, including customers, shareholders, distribution partners, employees, regulators and community partners. We believe by providing clarity for all today, we can help drive better outcomes for tomorrow. For more information, visit www.jackson.com.

*SQM (Service Quality Measurement Group) Call Center Awards Program for 2004 and 2006-2024. (Criteria used for Call Center World Class FCR Certification is 80% or higher of customers getting their contact resolved on the first call to the call center (FCR) for 3 consecutive months or more.)

Jackson® is the marketing name for Jackson Financial Inc., Jackson National Life Insurance Company® (Home Office: Lansing, Michigan) and Jackson National Life Insurance Company of New York® (Home Office: Purchase, New York).

ⁱ Jackson Financial Inc. is a U.S. holding company and the direct parent of Jackson Holdings LLC (JHLLC). The wholly-owned direct and indirect subsidiaries of JHLLC include Jackson National Life Insurance Company, Brooke Life Insurance Company, PPM America, Inc. and Jackson National Asset Management, LLC.

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Media Contact:

Patrick Rich

mediarelations@jackson.com

Source: Jackson Financial Inc.