Insurance Industry Charitable Foundation Raises Nearly $1.3M for Regional Nonprofits at 16th Annual Northeast Benefit Event

The Insurance Industry Charitable Foundation (IICF) raised nearly $1.3 million at their 16th Annual Northeast Benefit Event.

Source: IICF | Published on December 6, 2022

IICF holds regional forums in June

The Insurance Industry Charitable Foundation (IICF), a nonprofit organization dedicated to helping communities and enriching lives, raised nearly $1.3 million at their 16th Annual Northeast Benefit Event on December 10 at Cipriani 42nd Street in New York City. This charitable gala gathered professionals from across the insurance industry for a night dedicated to celebrating the industry’s philanthropic efforts, while raising funds for nonprofit grantees across the region.

At the event, IICF honored Marsh and their employees with the “Double I” award, a prestigious honor recognizing Influence in the industry and Impact in the community. The “Double I” award is annually given to organizations that have served as philanthropic leaders and luminaries within the industry. Lucy Clarke, President of Marsh Specialty and Marsh Global Placement, accepted the award on behalf of the company and their employees.

“We’re thrilled that so many were able to join us to celebrate the generosity of our industry and its impact on the community at the IICF Northeast Benefit Event,” said Jim Romanelli, Senior Vice President, New York City Branch Manager, CNA, and Chair of the IICF Northeast Division Board of Directors. “We’re grateful to be able to convene together again as an industry at what has become an annual insurance industry tradition in New York, and we’re proud to highlight the inspiring work of leaders in our community like Marsh.”

Guests at the Northeast Benefit Event heard from industry and nonprofit leaders, as well as speaker Pete Alonso, First Baseman for the New York Mets and founder of The Alonso Foundation, who recognized those gathered as “insurance All Stars” in giving back to the community. The Alonso Foundation is a nonprofit that strives to be a “voice standing up for those who cannot speak for themselves”, supporting youth, veterans and animal welfare through advocacy, grant-making and programming.

Proceeds from the IICF Northeast Benefit Event support grants to an array of regional nonprofits including:

Community Grants:   

180 Turning Lives Around

Alonso Foundation

Covenant House New York

East Side House

Freedom House

Harlem Educational Activities Fund

Horizons at Sacred Heart University

Mount Kisco Child Care Center

NAMI NYC

Our Military Kids

Table to Table

Local Grants:

Bridges for Brain Injury, Inc

C.U.R.E. Childhood Cancer Association

Family Promise of Western New York

HomeFrontNJ Inc.

Nassau/Suffolk Autism Society of America

New Paltz Rotary Club

Sparrow’s Nest of the Hudson Valley

The Service Collaborative

Triangle Arts Association LTD

Western New York Physically Challenged

Youth Sports Organization, Inc.

“The insurance industry has the ability to positively affect our communities and this year’s benefit event demonstrated and celebrated what we can do when we work together,” said Elizabeth Myatt, Vice President, Chief Program Officer and Executive Director of the IICF Northeast Division. “As we’ve navigated the pandemic, severe weather events and more, our region has seen a clear need for resources and funds dedicated to a number of causes, including education and the environment,

and through the incredible generosity of our industry, we are proud to say we are providing significant support to those in need.”

IICF’s Northeast Division has awarded more than $11 million in grants since 2007 to nonprofit and charitable organizations throughout the Northeast region. For more information regarding IICF’s Northeast Division, please visit www.iicf.org/northeast

About the Insurance Industry Charitable Foundation (IICF)

The Insurance Industry Charitable Foundation (IICF) is a unique nonprofit that unites the collective strengths of the insurance industry to help communities and enrich lives through grants, volunteer service and leadership. Established in 1994, IICF has served as the philanthropic foundation of the insurance industry for nearly thirty years, contributing $42 million in community grants along with 300,000 volunteer hours by more than 110,000 industry professionals. IICF reinvests locally where funds are raised, serving hundreds of charities and nonprofit organizations, for maximum community impact. IICF is a registered nonprofit organization under section 501(c)(3) of the IRS code. Learn more at www.iicf.org or follow us on social media: @doubleicf