NEW
YORK, August 7, 2020 —
MetLife Foundation announced today a commitment of $500,000 to help
Lebanon recover and rebuild from the Beirut port explosion.
“We were heartbroken to see the destruction in Beirut, and we want to do
everything possible to help the people of Lebanon,” said MetLife President and
CEO Michel Khalaf. “This financial support from MetLife Foundation will provide
for immediate needs and help put the country on the path to recovery.”
Through its heritage company Alico, MetLife has operated in Lebanon for more
than 65 years and is the country’s leading life insurer.
About MetLife Foundation
At MetLife Foundation, we are committed to expanding opportunities for low- and moderate-income people around the world. We partner with nonprofit organizations and social enterprises to create financial health solutions and build stronger communities, while engaging MetLife employee volunteers to help drive impact. MetLife Foundation was established in 1976 to continue MetLife’s long tradition of corporate contributions and community involvement. From its founding through the end of 2019, MetLife Foundation provided more than $860 million in grants and $85 million in program-related investments to make a positive impact in the communities where MetLife operates. Our financial health work has reached more than 13.4 million low- and moderate-income individuals in 42 countries. To learn more about MetLife Foundation, visit metlife.org.
About MetLife
MetLife, Inc. (NYSE: MET), through
its subsidiaries and affiliates (“MetLife”), is one of the world’s leading
financial services companies, providing insurance, annuities, employee benefits
and asset management to help its individual and institutional customers
navigate their changing world. Founded in 1868, MetLife has operations in more
than 40 markets globally and holds leading positions in the United States,
Japan, Latin America, Asia, Europe and the Middle East. For more information,
visit www.metlife.com.