Principal Financial Group® Awards $205,000 to Community Leaders for Volunteerism and Philanthropy

Principal Foundation Honors Community Leaders with Service Awards

In a significant move to bolster community engagement, Principal® Foundation, the philanthropic arm of Principal Financial Group®, distributes $205,000 in its inaugural Principal® Financial Network Community Service Awards. This initiative celebrates the dedication of 15 members from the Principal Financial Network who exemplify exceptional volunteerism. By allowing award recipients to designate contributions to nonprofits of their choice, the initiative aligns with the foundation’s mission to enhance community impact and underscores the importance of corporate social responsibility.

The awards recognize three distinct levels of commitment: the Pillar Award, the Builder Award, and the Shaper Award, with donations of $25,000, $15,000, and $5,000, respectively. Notably, this year's Pillar Award winners include Manuel Carril III, who supports the Rhea County Community Center in Tennessee; Daniel Goldberg, who contributes to Kids and Canines in Florida; and the collaborative effort of Meals on Wheels Delaware and St. Anthony's Senior and Community Center. These recipients exemplify transformative leadership, showcasing how dedicated service can drive meaningful change within their communities. Jo Christine Miles, director of Principal® Foundation and Community Relations, highlights the profound impact these network members have on both their professional and community spheres, emphasizing the foundation’s commitment to recognizing and elevating grassroots efforts.

Candy Bidler, vice president of Principal® Financial Network, expresses appreciation for the recognition of the vital work done by financial professionals in their communities. She underscores that the culture of giving back is woven into the fabric of their identity, creating a ripple effect of positive change. The awards not only highlight individual achievements but also serve as a catalyst to inspire more network members to engage with their communities actively. This initiative reflects Principal Financial Group's broader strategy to foster social responsibility and wellness through meaningful community involvement, reinforcing its role as a leader in corporate philanthropy.

In addition to the awards, Principal Foundation continues to support a range of nonprofit organizations, furthering its mission to contribute to societal betterment. The focus on volunteerism and community service not only enhances the lives of those in need but strengthens the bonds within the Principal Financial Network. By recognizing these efforts, the foundation sets a precedent for ongoing engagement and support within the regions served by its network members.