In an uncertain environment for corporate giving, Liberty Mutual Foundation launches $600M endowment
Corporate foundations’ philanthropic commitments were called into question this past year as tariff-driven uncertainty, rising costs and tax law changes prompted many companies to reconsider their charitable strategies. Nonprofits received a reassuring answer this week, however, from the century-old, Boston-based Liberty Mutual Insurance. The major insurer’s nonprofit Liberty Mutual Foundation announced Wednesday the establishment of a $600 million … Continue reading In an uncertain environment for corporate giving, Liberty Mutual Foundation launches $600M endowment
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