Radian Exceeds Fundraising Goal for MBA Opens Doors Foundation with Record-Breaking Campaign
05 November 2024 - 8:30AM
Business Wire
Radian Group Inc. (NYSE: RDN) today announced that its annual
“Opens Doors Opens Hearts” fundraising campaign achieved an
all-time record of nearly $475,000 to benefit the MBA Opens Doors
Foundation, which provides mortgage and rental assistance to
families caring for a critically ill or injured child.
This year, the company’s seventh annual “Opens Doors Opens
Hearts” campaign received more than $158,000 in donations,
significantly exceeding its $100,000 goal. With Radian’s pledge to
contribute two dollars for every dollar raised, the total impact of
the campaign soared to nearly $475,000.
“We are amazed by the results of this year’s campaign benefiting
the MBA Opens Doors Foundation,” said Radian Chief Executive
Officer Rick Thornberry. “This record-breaking fundraising year
reflects the tremendous support and generosity of the Radian
community, including our vendors, customers, and team. Our
collective efforts will provide important relief for families when
they need it the most.”
The MBA Opens Doors Foundation, through its Home Grant Program,
provides relief in a time of personal crisis. The Home Grant
Program has become a critical part of a family's support structure,
especially when a parent or guardian must take unpaid leave to be
with a child. Grants of up to $2,000 are made monthly to families
in need of mortgage or rental payment assistance. The Foundation
has provided more than $25 million in mortgage and rental payment
assistance through nearly 17,000 grants to families since its
inception in 2011.
“We are immensely grateful for Radian’s continued support of the
Foundation’s mission,” said Deborah Dubois, President of the MBA
Opens Doors Foundation. “This year’s campaign will help hundreds of
families who are facing the threat of losing their homes while
their child is in treatment.”
Radian first launched its annual fundraising campaign for the
MBA Opens Doors Foundation in 2018. The “Opens Doors Opens Hearts”
fundraiser has grown year-over-year, with the 2024 campaign
surpassing the results of the previous two years combined. Through
its fundraising efforts and charitable contributions, Radian has
committed more than $2 million in support for the Foundation.
Radian’s Corporate Citizenship Program
Radian’s Corporate Citizenship Program was developed to
encourage and support the generosity and community involvement of
its employees. Since its inception, the program—through both
company and employee contributions—has provided significant
financial support to charities across the country.
Radian’s commitment to charitable work is a component of its
broader Corporate Responsibility Program, which focuses on
supporting the company’s commitment to environmental, health and
safety, corporate social responsibility, corporate governance,
equity, sustainability and other public policy matters relevant to
the company and its operations. This program aligns with Radian’s
company-wide commitment to continue to be a responsible corporate
citizen with a positive impact in the community.
About Radian
The Radian family of companies is helping to achieve the
American dream of homeownership responsibly and sustainably through
products and services that include industry-leading mortgage
insurance and a comprehensive suite of mortgage, risk, real estate,
and title services. Powered by technology, informed by data and
driven to deliver new and better ways to transact and manage risk,
Radian is shaping the future of mortgage and real estate services.
Learn more about the Radian family of companies at radian.com.
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For Investors: Dan Kobell - Phone: 215.231.1113 email:
daniel.kobell@radian.com
For the Media: Rashi Iyer - Phone 215.231.1167
email: rashi.iyer@radian.com
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