Symetra Awards $1M to Nonprofits Addressing Economic Mobility and Housing

Symetra Life Insurance Company, headquartered in Bellevue, Washington, commemorates the fifth anniversary of its Symetra Empowers Communities initiative by awarding $1 million in immediate and multiyear grants to 19 national and local nonprofits. These grants support social impact efforts focused on economic mobility for underserved groups, housing affordability, and education access. The program is a key element of Symetra's broader social responsibility strategy aimed at fostering inclusive community development in its operating regions including Washington, Iowa, Connecticut, and Massachusetts. The 2025 grants range from $25,000 to $50,000 for individual distributions and $50,000 to $100,000 for multiyear sponsorships extending to 2027-28. Targeted support goes to organizations that empower underserved populations through entrepreneurship, leadership, and education. Other focus areas include addressing homelessness and housing challenges disproportionately impacting vulnerable groups, along with scholarships for students from historically marginalized backgrounds. Also, funding will expand access to STEAM education, reflecting the company's commitment to equity in learning opportunities. In Washington state alone, nine nonprofit organizations benefit from these grants, including groups focused on housing aid, youth education, and community support services. This range of beneficiaries demonstrates Symetra's commitment to geographic and programmatic diversity within its philanthropic efforts. The company's engagement in community partnerships highlights a strategic alignment of its social impact goals with regional needs and corporate values. Symetra's initiative furthers the dialogue on insurer involvement in community reinvestment and social equity, showcasing a model for integrating corporate philanthropy within industry practices. By emphasizing long-term systemic improvements over short-term relief, Symetra positions its giving program as a sustainable influence on social and economic conditions. This approach may provide insights for other insurers considering socially impactful investment strategies. The announcement on GivingTuesday aligns the program with broader cultural movements around philanthropy and corporate social responsibility. Overall, Symetra Empowers Communities exemplifies how insurance companies can leverage resources to support vulnerable populations and address socioeconomic barriers in multiple U.S. regions.