Local North West Mutual Advisor Receives $15,000 Grant to Benefit Big Shoulders Fund

Each year, Northwestern Mutual, a leading financial services company, recognizes the leadership of its financial advisors who make a difference in their own communities through exemplary volunteerism. As part of these efforts, the company, through its Foundation, is awarding $310,000 in grants to nonprofits nationwide through its 2022 Community Service Awards.

This year’s program recognizes 17 of the company’s financial advisors for their commitment to positively impacting their communities through dedicated volunteer service. Each winner received a grant to benefit a local non-profit organization with which they are involved. Evanston resident Fred O’Connor, a wealth management advisor with Northwestern Mutual-Chicago, was named the 2022 Community Service Award winner, receiving a $15,000 grant for the Big Shoulders Fund.

“Making a positive impact in the community is what our advisors do every day when serving their clients. Their passion for giving back is demonstrated by their dedication to incredible causes that make a real difference in their own backyards,” said said Steve Radke, president, Northwestern Mutual Foundation. “At Northwestern Mutual, we pride ourselves on having a network of advisors who are committed to improving the lives of those around them.”

For more than 35 years, Big Shoulders Fund has helped children in need in Chicago achieve their dreams through access to quality education by investing in financial support for Catholic schools. Its expenditures are supported solely by an endowment and other income, which ensures that 100% of funds raised are directed to programs that benefit student academic enrichment, improved school operations, and professional development. teachers.

O’Connor’s involvement in the organization runs deep, as his father founded the Big Shoulders Fund. For more than two decades, O’Connor volunteered his time as a mentor to high school students at Holy Trinity High School, successfully supported recruitment efforts and provided financial literacy training to students. eighth grade. He also helped launch the Presidents’ Emergency Scholarship, which provides financial support to students and their families facing a sudden crisis like illness, death of a loved one or job loss. recent.

“The schools supported by Big Shoulder Fund are beacons of hope that serve and strengthen entire communities across Chicago, beyond simply meeting the educational and educational needs of children in the building,” O’Connor said. “This grant will help provide children in need with educational opportunities, ensuring they are set up for long-term success.”


The company has donated more than $6.6 million to nonprofits nationwide through the Community Service Awards program since the program’s inception in 1995. The 2022 winners will present their grants to their nonprofits across the country this spring.

Learn more about the Big Shoulders Fund and how to get involved here.

About the Northwestern Mutual Foundation

The mission of Northwestern Mutual Foundation is to improve the lives of children and families in need. The Foundation has given more than $400 million since its inception in 1992 and is designed to create lasting impact in the communities where the company’s employees and financial representatives live and work. We achieve this by combining financial support, volunteerism, thought leadership and convening community partners to achieve the best results. Our efforts are focused nationally on curing childhood cancer and locally on education, neighborhoods and making our hometown of Milwaukee a destination of choice. Visit Northwestern Mutual Foundation to learn more.

About Northwestern Mutual

Northwestern Mutual has been helping individuals and businesses achieve financial security for more than 160 years. Through a holistic planning approach, Northwestern Mutual combines the expertise of its finance professionals with a personalized digital experience and industry-leading products to help its clients plan for what matters most. With $308.8 billion in total assets, $31.1 billion in income and $2 trillion in life insurance protection in force, Northwestern Mutual provides financial security to more than 4.75 million people with life insurance, disability income and long term care, annuities and brokerage. and advisory services. The firm manages more than $200 billion in client-owned investments held or managed through its wealth management and investment services businesses. Northwestern Mutual ranks #90 on the 2021 FORTUNE 500 and is recognized by FORTUNE® as one of the “World’s Most Admired” life insurance companies in 2022.

Northwestern Mutual is the trading name of The Northwestern Mutual Life Insurance Company (NM), Milwaukee, WI (life and disability insurance, annuities, and life insurance with long-term care benefits) and its subsidiaries. Subsidiaries include Northwestern Mutual Investment Services, LLC (NMIS) (Investment Brokerage Services), Broker, Registered Investment Adviser, Member FINRA and SIPC; Northwestern Mutual Wealth Management Company® (NMWMC) (investment advisory and services), a federal savings bank; and Northwestern Long Term Care Insurance Company (NLTC) (long term care insurance).

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