Building Stronger Communities: The Aegon Transamerica Foundation's Impact in 2023

March 22, 2024

The Aegon Transamerica Foundation is pleased to release its 2023 Annual Report, which details the Foundation’s financial contributions last year. With more than $7.5 million in charitable donations reaching more than 900 organizations across the country, the latest report illustrates the Foundation’s strong commitment to supporting nonprofit programs that foster meaningful change in the communities where Transamerica employees live and work.

"We are incredibly proud of our impact in 2023,” said Maurice Perkins, president and chair of the Aegon Transamerica Foundation. "Our annual report showcases our unwavering commitment to uplifting underserved communities. We're passionate about advancing financial literacy for both young people and adults, ensuring everyone has the knowledge they need to succeed, and we are dedicated to supporting nonprofits that help provide opportunities for all people to thrive. With the Foundation’s contributions—and the volunteer commitment of Transamerica employees—we are making a lasting positive impact that can help people live longer, more fulfilling lives.”

In 2023, the Foundation contributed to more than 900 nonprofit organizations across the United States, demonstrating the remarkable scale of its efforts. The Foundation also expanded its employee matching gift program, which gives Transamerica and Aegon employees in the U.S. an opportunity to increase the impact of their personal giving to eligible 501(c)(3) nonprofits with a dollar-for-dollar matching donation from the Foundation.

From supporting emergency relief efforts to funding programs aimed at increasing financial literacy, the Foundation's strategic approach to charitable giving is comprehensive and responsive. Here are a few standout examples from 2023:

  • In June, the Foundation contributed $25,000 to March of Dimes and was a premier sponsor of the nonprofit’s Signature Chefs Gala charity event in Washington, D.C. Since 1938, March of Dimes has been dedicated to improving the health of mothers and babies by preventing birth defects, premature birth, and infant mortality.
  • In April, the Foundation was a Platinum Sponsor of the two-day Women Lead Change conference in Cedar Rapids, Iowa, which offered attendees benefits like professional development, networking opportunities and enhancing knowledge and awareness of how to support and help advance women.
  • In August, after a series of wildfires devastated Maui, Hawaii, the Foundation announced a $100,000 donation to the American Red Cross to support disaster relief efforts. In addition, the Foundation matched donations made by Transamerica employees.
  • In September, the Foundation pledged its continuing support as the presenting sponsor of Junior Achievement-Rocky Mountain’s newest Finance Park, helping Junior Achievement double its capacity and provide an additional 25,000 students in the Denver metro area with an opportunity to learn the knowledge and skills they need to make intelligent, long-term financial decisions. 
  • In October, the Foundation donated $150,000 to Hope & Heroes, a charity that funds life-saving work on childhood cancer and blood disorder treatment and research. Approximately 600 physicians, researchers, and healthcare providers across seven pediatric cancer centers in the New York Tri-State area benefit from Hope & Heroes’ support.
  • In December, the Family Tree, a Baltimore-based nonprofit focused on preventing child abuse and neglect, needed immediate assistance to support its free short-term childcare program. The Foundation came through with a $100,000 donation to help ensure that the program, Kids Care Plus, could continue to offer a safe and nurturing environment for young people when they need it most.
  • During Transamerica’s annual United Way campaign, Transamerica employees and the Foundation together helped raise nearly $1 million, with the Foundation matching 50% of all employee donations. As one of the world's largest privately funded charities, United Way seeks to improve lives by mobilizing the caring power of communities around the world to advance the common good.

"We extend our heartfelt thanks to all the organizations we have had the privilege to support this year," said Perkins. "Together, we are a force for good and we look forward to continuing our work in the years ahead."

Click here to read the Aegon Transamerica Foundation’s 2023 Annual Report. 


About the Aegon Transamerica Foundation

For more than 30 years, the Aegon Transamerica Foundation has proudly supported nonprofit organizations that help build stronger, more resilient communities in the places where Transamerica employees live and work. The Foundation’s charitable contributions are directed at programs that either expand opportunities and capabilities for everyone or equip people with the skills they need to achieve financial security. By investing in initiatives that empower individuals and families, the Foundation is committed to making an enduring positive impact where it matters most—in the lives of those seeking to build brighter futures. Grantmaking decisions by this independent nonprofit are primarily employee-driven through local advisory committees, a robust matching gift program, and other giving campaigns.

For more information, visit the Foundation’s webpage.

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