Liberty Mutual Insurance to provide $5 million in grants to combat youth homelessness in Boston

Liberty Mutual Insurance to provide $5 million in grants to combat youth homelessness in Boston | Insurance Business

Liberty Mutual Insurance to provide $5 million in grants to combat youth homelessness in Boston

Liberty Mutual Insurance has revealed the first recipients of its $5 million philanthropic grant to help organizations in Boston address the issue of youth homelessness.

A total of 19 local non-profits will receive part of the $5 million grant; Liberty Mutual will award the rest over the course of three years, a release said.

“Supporting the efforts of these organizations will ensure more young people are provided the tools and resources they need to successfully build their futures despite the challenges they’ve faced in their pasts. We’re extremely proud to be a partner in this work,” said Liberty Mutual Insurance chairman and CEO David Long in a ceremony held last Friday announcing the first wave of recipients.

“Ending youth homelessness in the City of Boston requires an all-hands-on-deck approach,” added Boston mayor Martin Walsh. “I’m grateful for Liberty Mutual’s partnership and commitment to this important issue. By working together we can take urgent action to make a difference in the lives of our city’s young people.”

According to Liberty Mutual Foundation president Melissa MacDonnell, the organizations the insurer has selected to support “exemplify the dedication, innovation and strategic thinking necessary to create meaningful change on this vitally important issue.”