BizTimes Nonprofit Weekly: Northwestern Mutual donates $336,000 to benefit college-bound students

Milwaukee-based Northwestern Mutual Life Insurance Co. Inc. is donating 12 grants worth $336,000 to colleges and universities throughout Wisconsin in an effort to make higher education more affordable for underprivileged students.

The grants will be distributed by the Northwestern Mutual Foundation, which operates as Northwestern Mutual’s charitable arm.

“Education is a driving force for any growing economy and healthy community,” said John Kordsmeier, president of Northwestern Mutual Foundation. “These grants enable more first generation and minority students to cross the graduation stage, demonstrating how this support positively impacts the individual, the city and the talent pool.”

For more, read the BizTimes Nonprofit Weekly.