Helping Build Communities Around the World · Building Five Homes — Habitat for Humanity Prince...

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Helping Build Communities Around the World Genworth Foundation I 2011 Annual Report

Transcript of Helping Build Communities Around the World · Building Five Homes — Habitat for Humanity Prince...

Page 1: Helping Build Communities Around the World · Building Five Homes — Habitat for Humanity Prince Edward Island At Genworth, we provide mortgage insurance that helps consumers achieve

Helping Build CommunitiesAround the World

Genworth Foundation I 2011 Annual Report

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A Message from Our Chairman —

At Genworth, we’ve made a promise to help millions of people

around the world secure their financial lives, families and futures.

We do so through the products and services we provide and

through our commitment to make a difference in the communities

in which we live and work.

The Genworth Foundation invests in organizations that are shaping

a brighter future for underserved youth through mentoring and

after-school programs; caring for older adults by providing access

to information on health and aging, supporting caregivers and

enabling independent living; and helping provide what’s needed

through tough times and natural disasters.

Our efforts are complemented by the dedication of hundreds

of partner organizations and agencies who work diligently every

day to identify and fill needs in our communities.

Our actions are fueled by the passion of our 6,400 employees

across 25 countries. The enthusiasm and impact of their efforts

has been truly remarkable as they have offered their time, energy,

creativity and expertise—dedicating thousands of volunteer hours

to help our neighbors in need.

Join us as we share an overview of our 2011 giving.

Leon Roday

Chairman, Genworth Foundation

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Shaping a Brighter Future Young people are the promise of the future, and the Genworth Foundation

has a focused commitment to help students strengthen their academic

performance, build life skills and improve financial literacy.

Caring for Older Adults As the population of adults who are age 65 and older increases, we are

helping local communities prepare for the growing age wave. We fund

programs that provide access to information on health and aging, offer

support for family caregivers, and enable independent living. We are

especially compassionate for those suffering from Alzheimer’s disease

and those who care for them.

Helping Provide What’s Needed We align with local and global organizations to support the delivery of

temporary food, shelter and clothing. We also invest in key partnerships

to keep families in their homes and help prevent foreclosures during times

of economic distress.

The Genworth Foundation is committed to improving the world around us by investing in organizations that are making a difference in communities where we live and work. We make direct investments in the community through charitable grants and matching gifts each year.

Providing grants to nonprofit organizations around the globe to help enrich the lives of our neighbors, support bold ideas, promote collaboration and make a long-term impact, we focus on three key areas:

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The number of employee volunteer hours in 2011 — up 25 percent from the prior year

23,700

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Shaping a Brighter Future

Genworth employees believe that mentoring and tutoring underserved youth is one of the most effective ways to make a difference in a child’s life and establish the foundation for future success. We commit our time and dollars to brighten the future for hundreds of students each year, especially those most at risk of academic failure and dropping out of school.

GenPals Big Reveal Studies show that elementary school students benefit

significantly from having a pen pal — from improving reading

and writing skills to relationship building and social development.

Our GenPals program does just that.

GenPals matches students in Richmond and Lynchburg, Virginia

with a Genworth volunteer. The pals correspond monthly

discussing what’s going on in the student’s life, school work

and plans for the future. The Genworth volunteers mentor the

students and foster a positive environment for the students to

practice their writing skills.

After a year of exchanging cards and letters, students receive an

opportunity to meet their GenPals in person at a Big Reveal Lunch

Event in May. Students and teachers are treated to lunch and a

tour of the Genworth facility to see what it’s like in the workplace.

“Our students really enjoyed their

Genpals’ letters. We commend

you for your generosity and

commitment to the community.

Every volunteer and partnership is

making a significant difference.”

— Wilma K. Battle, Clarks Springs Elementary School Principal, Richmond, Virginia

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The number of projects worked on by employee volunteers in 2011 —

a record number

475

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“Building a trusting relationship

with a young adult and

encouraging them to see

their future as one filled with

possibilities and options is not

only tremendously satisfying and

fun, but I’ve found (unexpectedly)

that those conversations actually

rejuvenate my own perceptions

of my future and how lucky I am.

It’s really true that with mentoring

you will almost certainly receive

significantly more than you

expend!” — Dan Healy, Assistant Controller, Genworth, Richmond, Virginia

Shaping a Brighter Future

“Genworth was really generous

to us, and the volunteers were a

big help. The kids — if you ask

any one of them — would say this

field day was the best ever. They

did nothing but talk about how

awesome it was, and they’re still

talking about it.” — Connie Walters, Johnson Elementary School Principal, Richmond, Virginia

The Power of Mentoring – Middle School Renaissance Genworth and other leading Richmond, Virginia companies are

working together to support Richmond City Public School’s Middle

School Renaissance program. In 2011, 20 volunteers dedicated

more than 200 hours mentoring and tutoring underserved 6th

grade students throughout the school year.

Partnering Throughout the Year – Johnson Elementary School As part of Genworth’s ongoing commitment to help address the

needs of underserved schools, Genworth regularly partners with

Johnson Elementary in Richmond, Virginia. More than 50 Genworth

employees volunteer to support students throughout the school

year by mentoring through the Big Brothers and Big Sisters program

and providing financial education in conjunction with Junior

Achievement of Central Virginia.

In the spring of 2011, the annual field day at Johnson Elementary

School was in jeopardy. The school’s playing fields were under

construction and not suitable for the day’s events. Fortunately,

the Genworth Headquarters campus was nearby, offering an ideal

location for the event and plenty of volunteers.

Genworth was pleased to host the 500 students and faculty,

providing more than 70 volunteers and covering the cost of the

event. Field day attractions included 19 different activity stations,

a misting tent, snow cones and a visit from Radio Disney to

encourage students to put on their dancing shoes.

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The number of non-profit organizations with which the Genworth Foundation partnered across the globe in 2011

190

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Putts4Charity® Through the support of our Putts4Charity initiative, the Genworth

Foundation donated nearly €200,000 in 2011 to benefit SOS

Children’s Villages in the UK, Germany, France, Spain, Portugal

and Sweden, as well as Barnardo’s Children’s Charity in Ireland.

Money was raised at various golf events throughout the

year. For example, in the spring, eight leading European Tour

professionals were put to the test ahead of the 2011 Portugal

Masters and succeeded in raising €45,000 through the Genworth

Putts4Charity Pro Champions’ Challenge.

The real winners from Putts4Charity were the more than 600

at-risk children and young adults living in SOS Children’s Villages

across Europe. SOS Children’s Villages, an internationally

recognized nonprofit organization dedicated to helping children

reach their full potential, utilized funding to support essential

educational programs and teaching materials — all building

blocks for a successful future.

“SOS Children’s Villages prepares

at-risk children to become

independent, financially stable

adults who are involved with their

communities. The Genworth

Foundation’s support of SOS

educational programs throughout

Europe provides these children

with a bridge to stability, thus

helping to break the cycle of

poverty.” — John Allen, Chief Executive Officer, SOS Children’s Villages – USA

Shaping a Brighter Future

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The percentage of Genworth employees from around the world who participated in volunteer activities during our annual Global Month of Service in June 2011

55“Reach Out, Give Back and Have Fun,” is the motto that

Genworth employees have adopted to support their

volunteer activities throughout the year. Additionally, the

company recognizes June as the Global Month of Service,

providing organized, often on-campus, activities that

encourage employees to take time to volunteer.

Stand-out examples of Month of Service activities include

partnerships with the HandsOn Network and Stop Hunger

Now.

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Caring for Older Adults

We are focused on helping to ensure that the older adults in our communities receive the care that they deserve. We fund programs that provide access to information on health and aging, offer support for family caregivers and enable independent living.

“As Chairman of the Board of

Circle Center Adult Day, I get

to bring my talents and the

Genworth Foundation’s support

to a first class organization that

helps older adults maintain as

much independence as possible

and to live with dignity and

purpose. In return, I get to learn

firsthand what’s required to

deliver long term care services to

the community, which allows me

to better serve our customers.”

— Mike Heard, SVP, Business Strategy & Product Support, Genworth, Richmond, Virginia

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Playing an Active Role Supporting Older Adults The Genworth Foundation supports the critical role that adult

care facilities and other senior serving organizations fill in

our society today. In Virginia, specifically the Richmond and

Lynchburg areas, and in Raleigh, North Carolina; Genworth

senior leaders share their knowledge and experience by serving

on the board of directors for each of these agencies:

— Adult Care Center of Central Virginia

— A Grace Place

— Center for Volunteer Caregiving

— Circle Center Adult Day Services

— Lynchburg Area Center for Independent Living

— Older Dominion Partnership

— The Capital Area Agency on Aging

— Central Virginia Area Agency on Aging

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The amount of cash and in-kind donations generated by employee fundraisers in 2011

$200,000more than

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Alzheimer’s Association and the Walk to End Alzheimer’sTM As a leader in the long-term care insurance industry, Genworth has

seen firsthand through our policyholder claims the devastation, both

emotional and financial, that Alzheimer’s disease and its associated

dementias have caused millions of Americans and their families.

That is why Genworth and the Genworth Foundation are proud to

support the Alzheimer’s Association and the annual Walk to End

Alzheimer’s.

In 2011, Genworth employees organized 108 teams (more than

1,000 walkers) and raised $118,045 to help the cause.

In our San Rafael, California office, representing a contingent of our

Long Term Care Insurance Claims team — a group who hears from

the families of those afflicted by this incurable disease every day —

laced up their walking shoes to participate in walks in San Francisco

and Petaluma. They also held a bake sale and auction that raised

$3,000 in individual contributions. That’s just one example of how

Genworth employees volunteer to support and participate in walks

across the country each year.

The amount of cash and in-kind donations generated by employee fundraisers in 2011

Caring for Older Adults

Today, 5.4 million Americans are

living with Alzheimer’s disease —

5.2 million aged 65 and over;

200,000 with younger-onset

Alzheimer’s. By 2050, as many

as 16 million Americans will have

the disease.

Two-thirds of those with the

disease — 3.4 million — are

women.

Of Americans aged 65 and over,

1 in 8 has Alzheimer’s and nearly

half of people aged 85 and

older have the disease.

Another American develops

Alzheimer’s disease every 69

seconds. In 2050, an American

will develop the disease every

33 seconds. Source: Alzheimer’s Association

Factsheet March 2011

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$600,000 in Genworth employee donations matched 100% by the Genworth Foundation

$1.2 million

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Helping Provide What’s Needed

Building Five Homes — Habitat for Humanity Prince Edward Island At Genworth, we provide mortgage insurance that helps consumers

achieve home ownership. We know the importance of, and take to

heart, helping people get in — and stay in — their homes.

In 2011, we were proud to be one of several companies partnering

with Habitat for Humanity Prince Edward Island, Canada to help

build five homes, providing even more families the opportunity

to enjoy home ownership.

Genworth volunteers, Ruth Roussy and Chris Johnson, pictured,

invited ten customers — including brokers, mortgage specialists

and retail branch lenders — to help with the build. Throughout the

day, the group worked on three Charlottetown builds sites that

were all being completed at the same time and on the same street.

Additionally, they were able to present a check for CAD $6,000 to

support additional 2011 Habitat for Humanity build initiatives.

Genworth volunteers also helped Habitat for Humanity in Lynchburg

and Richmond, Virginia; Raleigh, North Carolina; Pleasant Hill,

California; Stamford, Connecticut; Poland and Great Britain.

At Genworth, we believe in supporting organizations that provide safe and affordable homes and that meet other critical basic needs, such as food and clothing. Our mission to do so has reached into our local communities around the globe.

“It was a great day of fun and

partnership. One of our lending

partners enjoyed it so much they

have started to look into hosting

their own Adopt-a-Day build day.” — Ruth Roussy, Vice President, Atlantic, Genworth Financial Canada, Mortgage Insurance

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Photo courtesy of: Charlottetown Guardian

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Total charitable giving, includes Genworth ($1.8 million) and the Genworth Foundation ($3.5 million)

$5.3 million

Youth & Education36%

Corporate & Employee Giving

31%

Basic Needs15%Supporting

Seniors7%

Other*11%

Genworth Foundation Giving

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* Disaster Recovery, Genworth Foundation Operating Expenses, and Business Expenses/Corporate Sponsorships.

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Helping Provide What’s Needed

Helping the Disabled — Forsight Foundation In Sydney, Australia, Genworth volunteers spent a day repainting

the home of four residents who have a range of sensory

disabilities and are being assisted by the Forsight Foundation.

The Foundation works with its disabled residents and their

families, currently operating eight homes for 34 disabled

adults in the western and north western areas of Sydney.

Twenty volunteers from Genworth divided into three teams,

with the responsibility of painting three bedrooms and two

living rooms. The volunteers enjoyed the opportunity to spend

time together, build rapport and participate in some friendly

competition. What they found to be most impactful however,

was watching the reaction of the four residents and their

caregivers who were delighted with the fresh, brighter living

environment.

“We had all been having fun

throughout the day, but it was

the moment that Coral walked in

to the freshly painted room and

her face lit up. It’s very powerful

when you can help people who

are less fortunate than yourself.

It’s an implicitly rewarding thing.” — Miles Burge, HR Director, Genworth, Sydney, Australia

United Way Through our partnership with United Way, we have been able to provide

health, safety and education to thousands of people in our local areas.

During our 2011 U.S. United Way campaign, our employee participation

grew to 54 percent (up seven percent from the prior year) raising over

$1 million to assist those in need. Additionally, the Genworth Foundation,

Genworth Canada and its employees across the country contributed

CAD $117,204 to help the United Way address the most pressing issues

in local communities.

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Genworth Foundation Board Members

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“As a member of the Foundation Board, I have seen firsthand the impact

our philanthropy and volunteerism has made in changing lives — whether

working on a Habitat build, mentoring underserved youth or supporting

hunger needs — the spirit of giving and the value of heart are strong

at Genworth.” — Kurt Arehart, Product Development Leader, Genworth Mortgage Insurance, Raleigh, North Carolina

Leon Roday, Chairman

Megan Dorn, Treasurer

Heidi Crapol, Secretary

Kurt Arehart

Linda Belanger

Elena Edwards

Barbara Faurot

Guy Genney

Dan Healy

Michael Laming

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Recognizing Our 2011 Volunteer of the Year

We would like to introduce Irene O’Sullivan, our 2011 Volunteer of the Year. Irene — based in Shannon, Ireland — is an audit consultant for Genworth Lifestyle Protection Insurance.

“The volunteers went beyond the

call of duty; not alone did they

paint the ceilings, doors, skirting

boards and walls but they also left

the house tidy and washed floors

etc. We will be forever indebted

for your wonderful gift to us.” — Frances Heagney, Ennis Day Centre, Clinical Nurse Specialist

Irene is an example to us all — passionate about the value of

volunteering and the difference that we each can make as

individuals and as a team. She is recognized by her peers as

demonstrating great compassion. And, clearly, she’s a leader —

encouraging and supporting other volunteers and charities.

In 2011, Irene organized 18 events supporting eight local charities,

including the Pieta House — a suicide and self harm crisis center.

She successfully engaged 300 volunteers who contributed 800

volunteer hours.

Irene is credited with project managing Shannon’s, biggest

volunteer painting project. Over five days, 35 volunteers

dedicated 175 hours painting The Home for the Elderly.

Leon Roday, Chairman

Megan Dorn, Treasurer

Heidi Crapol, Secretary

Guy Genney

Dan Healy

Michael Laming

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The Genworth Foundation is the philanthropic arm of Genworth Financial, Inc.

Genworth Financial, Inc. (NYSE: GNW) is a leading Fortune 500® insurance

holding company dedicated to helping people secure their financial lives,

families, and futures. Genworth has leadership positions in offerings that assist

consumers in protecting themselves, investing for the future, and planning

for retirement — including life insurance, long term care insurance, financial

protection coverages, and independent advisor-based wealth management —

and mortgage insurance that helps consumers achieve home ownership while

assisting lenders in managing their risk and capital.

Genworth has approximately 6,400 employees. Our products and services are

offered through financial intermediaries, advisors, independent distributors,

and sales specialists.

Genworth Financial Inc., which traces its roots back to 1871, became a public

company in 2004 and is headquartered in Richmond, Virginia. For more

information, visit genworth.com.

Genworth Foundation6620 West Broad StreetRichmond, Virginia 23230genworth.com

©2012 Genworth Financial, Inc. All rights reserved. 132227 (03/12)