CEDAR RAPIDS – In June of 2022, Northwestern Mutual Eastern Iowa signed a $100,000 promise to the University of Iowa Stead Family Children’s Hospital. It allowed them to create two funds: The Northwestern Mutual Eastern Iowa Pediatric Oncology Research Fund and the Northwestern Mutual Eastern Iowa Pediatric Oncology Nursing Support Fund. Since then, Northwestern Mutual Eastern Iowa has funded that goal and made a new $500,000 promise to the hospital.
“It has been inspiring to see the impact our support has made on the nurses at the hospital as well as within children’s cancer research,” said Kalvin Grabau Keele, managing partner of Northwestern Mutual Eastern Iowa. “We look forward to deepening our partnership with the children’s hospital and are excited for what’s ahead.”
Each of the funds created serves its own purpose in providing direct impact on the children here locally. The primary goal of the Nursing Support Fund is to provide holistic long-term support to the nursing staff by investing in initiatives to improve morale and the overall culture and experience on the pediatric cancer floor. The Pediatric Oncology Research Fund will help provide the funding pediatric cancer research needs to accelerate new treatment breakthroughs.
“This hospital has a tremendous impact on families, and at Northwestern Mutual, we believe in the power of giving back to the community,” said Grabau Keele.
Together the two funds will contribute to the effort to find a cure for pediatric cancers and invest in the people that are doing the day-in and day-out care of patients. Since making their $500,000 promise, Northwestern Mutual Eastern Iowa has contributed $182,618 to the University of Iowa Stead Family Children’s Hospital.
About Northwestern Mutual
Northwestern Mutual has been helping people and businesses achieve financial security for more than 165 years. Through a comprehensive planning approach, Northwestern Mutual combines the expertise of its financial professionals with a personalized digital experience and industry-leading products to help its clients plan for what’s most important. With more than $570 billion of total assets being managed across the company’s institutional portfolio as well as retail investment client portfolios, nearly $35 billion in revenues, and $2.2 trillion worth of life insurance protection in force, Northwestern Mutual delivers financial security to more than five million people with life, disability income and long-term care insurance, annuities, and brokerage and advisory services. Northwestern Mutual ranked 111 on the 2023 FORTUNE 500.