Press Releases

FOR IMMEDIATE RELEASE
December 19, 2007

Contact:
Janay Rickwalder
(703) 383-3081, ext. 23 
jrickwalder@nailba.org

NAILBA Charitable Foundation Raises More Than $130,000

(Fairfax, Va.) The tally is complete! Through events such as the Silent Auction, the Live Auction, and the giveaway of a 1957 Chevy Bel Air convertible, NAILBA member agencies and company partners demonstrated their continued commitment to the NAILBA Charitable Foundation in grand style. In just two days, the NAILBA Charitable Foundation received over $130,000 in contributions at NAILBA 26, held last month in Orlando, Florida.

In the “headline” event for the year, ticket sales for the ’57 Chevy Bel Air Giveaway generated over $63,000 for the Foundation. In an exciting turn of events, the winner of the car drawing immediately donated it back to the Foundation for auction, where a winning bid of $42,500 took the car home!

The Foundation once again thanks the Legal & General America Companies, Banner Life and William Penn for its generous support in donating the car this year.

In 2007 the NAILBA Charitable Foundation granted $250,000 to 18 charities. For more information about the NAILBA Charitable Foundation, please contact Michelle W. Jones at mjones@nailba.org or by phone at (727) 812-7075.

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The National Association of Independent Life Brokerage Agencies (NAILBA) Charitable Foundation is a public charity that receives gifts mainly, but not exclusively, from the membership of NAILBA and its corporate partners. The mission of the Charitable Foundation is to encourage volunteerism among the NAILBA membership and provide grant funds to worthy charitable organizations with limited operating budgets in local communities served by member agencies, with a special emphasis on those that enhance the quality of life for children.

The National Association of Independent Life Brokerage Agencies (NAILBA) is a nonprofit trade association with 353 member agencies in the U.S. and Canada, representing 100,000 producers who deliver more than one billion dollars in first year life insurance premiums annually. NAILBA is dedicated to fostering the growth of its member agencies by providing educational resources, industry standards and a collective voice for legislative and regulatory efforts. Each of NAILBA's members commits to a statement of responsibilities to ethically and responsibly serve their clients' best interests. For more information, visit www.nailba.org.