Press release

Aetna and the Aetna Foundation Granted $685,000 to Pennsylvania Nonprofits in 2010

Category:

07/29/11

Dateline:

HARTFORD, Conn.

Public Company Information:

NYSE:
AET
"Aetna is proud to support nonprofit organizations in Pennsylvania that are working to make a difference on key health and wellness challenges we face in our communities"

Aetna (NYSE: AET) and the Aetna Foundation together awarded $685,000 in community grants and sponsorships in Pennsylvania during 2010. The grants were made to organizations addressing a variety of health issues, including obesity among adults and children, racial and ethnic equity in health care, and needed improvements in the integration and coordination of health care services. In addition, grants were made in support of arts and cultural programs, human services and academic organizations, among others.

"Aetna is proud to support nonprofit organizations in Pennsylvania that are working to make a difference on key health and wellness challenges we face in our communities," said Patrick Young, president of Aetna's Pennsylvania and Delaware markets.

Grant amounts and recipients in the Philadelphia area were:

  • $250,000 to the University of Pennsylvania;
  • $125,000 to the American Heart Association;
  • $35,000 to the American Diabetes Association Inc. (Bala Cynwyd);
  • $25,000 to the Boys and Girls Clubs of Philadelphia;
  • $20,000 to the Philadelphia Convention and Visitors Bureau Foundation;
  • $10,000 to Legal Aid of Southeastern Pennsylvania (Norristown);
  • $10,000 to the National MS Society, Greater Delaware Valley Chapter (Philadelphia);
  • $2,500 to Greater Philadelphia NAMIWalks (Glenside); and
  • $4,000 to Mount Saint Joseph Academy (Flourtown).

Grant amounts and recipients in the Lehigh Valley and Allentown area were:

  • $50,000 to The Carl and Emily Weller Center for Health Education;
  • $40,250 to the Hispanic Chamber of Commerce of the Lehigh Valley;
  • $10,000 to the National Comprehensive Cancer Network Inc.; and
  • $2,500 to the March of Dimes Foundation.

Additional grant recipients were:

  • $50,000 to the Pinnacle Healthy System (Harrisburg);
  • $25,000 to Pennsylvania State University (University Park);
  • $20,000 to ArtsQuest (Bethlehem); and
  • $5,000 to the American Cancer Society (Hershey).

Nationwide during 2010, Aetna and the Aetna Foundation gave $15.6 million in grants and sponsorships. In addition, Aetna employees, retirees and directors donated an additional $6.9 million through the company's matching gift program, bringing combined giving in communities where Aetna employees and customers live and work to nearly $22.5 million. And, Aetna's employees donated more than dollars, generously giving nearly 335,000 hours of their personal time and talents in communities nationwide. Since 2003, Aetna employees have logged more than 2.3 million volunteer hours.

"During 2010, Aetna and the Aetna Foundation were pleased to provide grants to 661 nonprofit organizations nationwide, and to match the generosity of our employees to another 9,492 organizations within our communities," said Anne Beal, M.D., M.P.H., Aetna Foundation president. "We also made significant progress toward our goals of concentrating our grants on specific health issues of national concern, giving nearly $2.35 million to the fight against obesity, $1.24 million to improve racial and ethnic equity in health and health care, and more than $1 million to support better integrated health care in America."

More information about Aetna's and the Aetna Foundation's 2010 efforts to help improve the health of children and adults and to make our health care system more equitable and effective can be found online in the multi-media annual giving report Investing in Our Future.

About the Aetna Foundation

The Aetna Foundation, Inc. is the independent charitable and philanthropic arm of Aetna Inc. Since 1980, Aetna and the Aetna Foundation have contributed $394 million in grants and sponsorships, including $15.6 million in 2010. As a national health foundation, we promote wellness, health, and access to high-quality health care for everyone. This work is enhanced by the time and commitment of Aetna employees, who have volunteered more than 2.3 million hours since 2003. Our current giving is focused on addressing the rising rate of adult and childhood obesity in the U.S.; promoting racial and ethnic equity in health and health care; and advancing integrated health care. For more information, visit www.AetnaFoundation.org.

About Aetna

Aetna is one of the nation's leading diversified health care benefits companies, serving approximately 36.5 million people with information and resources to help them make better informed decisions about their health care. Aetna offers a broad range of traditional, voluntary and consumer-directed health insurance products and related services, including medical, pharmacy, dental, behavioral health, group life and disability plans, and medical management capabilities and health care management services for Medicaid plans. Our customers include employer groups, individuals, college students, part-time and hourly workers, health plans, governmental units, government-sponsored plans, labor groups and expatriates. For more information, see www.aetna.com.

Contact:

Aetna
Walt Cherniak, 410-401-9490
cherniakjrw@aetna.com