ATLANTA, July 9 GA-ING-$1MilIowaRlief
ATLANTA, July 9 /PRNewswire-FirstCall/ -- The ING Foundation today
announced it is contributing $1 million to the Greater Des Moines Community
Foundation for the Embrace Iowa -- 2008 Iowa Disaster Fund to support relief
efforts in
flood-stricken areas of Iowa. The ING Foundation is the charitable arm of the
financial services company ING.
"The flooding has been devastating to the people in the Midwest," said
Rhonda Mims, president of the ING Foundation. "ING has strong ties to the Des
Moines community, and we have a responsibility to help empower the communities
in which we have business operations and our employees live. This contribution
will benefit Iowans who have experienced significant hardship and help them to
recover, rebuild and strengthen the area."
In addition to the financial contribution, ING employees are encouraged to
volunteer in support of local flood-relief efforts. Employees may use 40 hours
a year with paid time off to volunteer.
ING has business operations in Des Moines, including life insurance and
retirement services, employing over 1,200 people.
About ING
ING is a global financial institution of Dutch origin offering banking,
investments, life insurance and retirement services to over 75 million
private, corporate and institutional clients in more than 50 countries. With a
diverse workforce of over 125,000 people, ING comprises a broad spectrum of
prominent companies that increasingly serve their clients under the ING brand.
In the U.S., the ING (NYSE: ING) family of companies offer a comprehensive
array of financial services to retail and institutional clients, which
includes life insurance, retirement plans, mutual funds, managed accounts,
alternative investments, direct banking, institutional investment management,
annuities, employee benefits, financial planning, and reinsurance. ING holds
top-tier rankings in key U.S. markets and serves over 14 million customers
across the nation.
About the ING Foundation
The ING Foundation's mission is to improve the quality of life in the
communities where ING operates and its employees and customers live. Through
charitable giving and employee volunteerism, the foundation focuses on
sustainable programs in the areas of financial literacy, children's education
and diversity.
For more information, visit www.ing.com .
SOURCE ING Foundation
