$50,000 Donation
to Support and Grow Black Communities and Black Finance
Executives
CARMEL,
Ind., Nov. 7, 2022 /PRNewswire/ -- CNO Financial
Group (NYSE: CNO) announced today a contribution of $50,000 to the African American Alliance of CDFI
CEOs (The Alliance), a coalition of more than 69 CEOs of Black-led
community development financial institutions (CDFIs), committed to
social and economic justice for African American communities.
![(PRNewsfoto/CNO Financial Group) (PRNewsfoto/CNO Financial Group)](https://mma.prnewswire.com/media/1014781/CNO_LOGO_CMYK_Logo.jpg)
"CNO is proud to award The Alliance this donation to support a
variety of initiatives that elevate Black leaders and further
support the communities they serve," said Matt Zimpfer, general counsel and executive
sponsor for CNO's diversity, equity and inclusion program.
"Economic and social disparities that always existed have
intensified over the last few years. The sense of urgency across
organizations to align with and invest in elevating Black leaders
and the communities they serve should be the standard. Our
organization is honored to support The Alliance CEOs who are
leading and empowering both financial services and social impact,
all while elevating Black community leaders."
The Alliance serves Black-led CDFIs nationwide, supporting and
empowering CDFI CEOs to lead and grow their institutional
operations, teams and social impact while elevating the voices of
Black community leaders. It also serves as a thought leader for
CDFI public policy issues and engages in research that is in the
best interest of Black CDFIs' sustainability and stakeholders.
"Thanks to the CNO Financial Group for selecting the Alliance
for an investment in our mission to reduce the racial wealth gap.
We are grateful for their commitment to addressing racial equity
issues and investing in the work of the Alliance. With their
support, we can continue to drive change by increasing the capacity
of our members and building a more equitable CDFI industry. Thank
you for being such great advocates and helping us empower Black
communities!" said Lenwood V. Long,
Sr., President & CEO of The Alliance.
The Alliance also supports Black and female CEO members, who
systemically face racial and gender resource inequities that
adversely impact their CDFIs and communities. Funds from CNO's
donation will focus on supporting the Alliance's mission, including
women's leadership programs, CDFI training initiatives, technology
and operations, as well as The Alliance grant-making
foundation.
CNO's donation is part of its long-standing commitment to
support nonprofit organizations that address the health and
financial wellness of middle-income Americans. The company is also
a signatory of the CEO Action for Diversity & Inclusion™ pledge
and the Indy Racial Equity pledge, and a supporter of CEO Action
for Racial Equity.
To learn more about CNO's commitment to the community, DE&I,
and corporate social responsibility, visit
www.cnoinc.com/corporate-responsibility.
About CNO Financial Group
CNO Financial Group, Inc. (NYSE: CNO) secures the future of
middle-income America. CNO provides life and health insurance,
annuities, financial services, and workforce benefits solutions
through our brands, including Bankers Life, Colonial Penn,
Optavise, and Washington National. Our customers work hard to save
for the future, and we help protect their health, income, and
retirement needs with 3.2 million policies and $33 billion in total assets. Our 3,400
associates, 4,400 exclusive agents, and 4,700 independent partner
agents guide individuals, families, and businesses through a
lifetime of financial decisions. For more information, visit
CNOinc.com.
About The African American Alliance of CDFI CEOs
The
African American Alliance of CDFI CEOs (The Alliance) is a
coalition of more than 69 CEOs of Black-led Community Development
Financial Institutions (CDFIs), comprising loan funds, credit
unions, venture capital firms, and non-profit developers. Since
2018, The Alliance has represented all 50 states and the
District of Columbia. As a result,
members are uniquely positioned to address issues related to
housing and access to capital for African American populations and
communities. Learn more about The Alliance and its programs at
http://www.aaacdfi.org.
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SOURCE CNO Financial Group