Quick Summary
Name: Principal Financial Group Foundation Inc Status: Active Grant Maker
Key Facts
| Metric | Value |
|---|---|
| Annual Giving | $10+ million |
| Grant Range | $1,000 - $500,000+ |
| Average Grant | $25,000 |
| Application Method | Invitation Only |
Contact Details
Website: https://www.principal.com/about-us/corporate-citizenship/principal-foundation Address: 801 Grand Avenue, Des Moines, IA 50392-0001 Phone: (515) 247-5111
Geographic Focus
- Primary focus: Communities where Principal Financial Group has significant operations
- Des Moines, Iowa (headquarters)
- Other U.S. locations with Principal offices
- Some international giving in countries where Principal operates
Funding Priorities
- Financial security and literacy: Programs that help individuals and families achieve financial security
- Education: K-12 education, higher education access, workforce development
- Community development: Economic development, affordable housing, neighborhood revitalization
- Arts and culture: Supporting cultural institutions in operating communities
- Health and human services: Basic needs, health access, human services organizations
What They Don't Fund
- Religious organizations for sectarian purposes
- Political organizations or campaigns
- Individual sponsorships or scholarships (handled through separate programs)
- Sports teams or athletic events
- Fraternal organizations
- Organizations that discriminate based on race, religion, gender, national origin, or other protected classes
Application Method
Invitation Only: The Principal Financial Group Foundation does not accept unsolicited grant proposals. The Foundation proactively identifies and invites organizations to apply for funding based on strategic priorities and geographic focus areas. Organizations cannot submit applications without an invitation.
Grant decisions are made by the Foundation's board of directors, which includes Principal Financial Group executives.
References
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