HOLLYWOOD, FLA. — The National Association of Independent Life Brokerage Agencies put philanthropy on the front burner here during the second general session of the association's 28th annual meeting.
In 2009, the NAILBA Charitable Foundation made 12 grants to worthy charities, amounting to $237,000 in total value, said Christi M. Daughenbaugh, chairman of the foundation, who is also NAILBA's 2009 treasurer and the chief operating officer of Borden Hamman Agency Inc., Dallas
The foundation also awarded its first Felton Grant, created in 2008 in honor of the Foundation's first leader, Col. William J. Felton III, to Children's Oncology Services Inc., Brookline, Mass., she said.
In addition, the foundation has contributed $25,000 to the Life and Health Insurance Foundation for Education, Arlington, Va., said Jack Dewald, president and owner of Agency Services Inc., Memphis, Tenn. and the LIFE Foundation's 2010 chair. The LIFE Foundation promotes consumer education and awareness about life insurance. The NAILBA foundation's donation will go towards funding the scholarships that LIFE gives to high school seniors, said Dewald.
Also during the meeting, NAILBA corporate partners Genworth Financial Inc., Richmond, Va., and Prudential Financial Inc., Newark, N.J., presented donations of $20,000 and $25,000, respectively, to the NAILBA foundation.
In addition, two Legal & General America companies, Banner Life Insurance Company, Rockville, Md., and William Penn Life Insurance Company, Garden City, N.Y., contributed a 1957 Chevrolet Bellaire to the foundation's annual raffle, said Parks LaMarche, 2009 president of the NAILBA Charitable Foundation and president of CPS/Integrated Marketing, San Diego.
