NAMIC MUTUAL INSURANCE FOUNDATION
AI Summary
The NAMIC Mutual Insurance Foundation is a 501(c)3 organization that focuses on grantmaking through a relationship-based approach, providing funding by invitation only. With a total of $68.5K awarded to seven grantees in 2024, the foundation does not accept unsolicited proposals. Nonprofits interested in potential funding opportunities can explore warm-introduction pathways via Impala's Funder Prospecting.
Mission Statement
THE NAMIC MUTUAL INSURANCE FOUNDATION, INC. IS ORGANIZED FOR CHARITABLE AND EDUCATIONAL PURPOSES. THE PRIMARY PURPOSE IS TO ADVANCE PUBLIC AWARENESS OF MUTUAL INSURANCE CONCEPTS AND THE INSURANCE INDUSTRY IN GENERAL; AND TO MAKE GRANTS, GIFTS OR CONTRIBUTIONS IN MONEY OR OTHER PROPERTY TO SCHOOLS, COLLEGES, UNIVERSITIES OR OTHER INSTITUTIONS OF LEARNING FOR FINANCIAL ASSISTANCE TO WORTHY STUDENTS TRAINING IN THE RISK MANAGEMENT AND INSURANCE INDUSTRY.
Cause Areas
3
Education
Insurance
Scholarships & Financial Aid
Explore this org's ecosystem
See top causes for this funder's grantees, who else funds them, and their grants.
Explore this org's ecosystem
See top causes for this funder's grantees, who else funds them, and their grants.
Grantee
Total Funding
Funding Share
OLIVET COLLEGE
OLIVET, MI
$47K
34%
PURDUE UNIVERSITY GLOBAL INC
INDIANAPOLIS, IN
$15K
11%
ST JOHN'S UNIVERSITY NEW YORK
JAMAICA, NY
$10K
7%
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Total No. of Grants
6
Median 1st year grant
$10K
Median 2nd year grant
$20K
Top 3 Grants
Matched grants only
Grantee
Grant Size
Frequently Asked Questions
Can I submit an unsolicited grant proposal to NAMIC MUTUAL INSURANCE FOUNDATION?
No. NAMIC MUTUAL INSURANCE FOUNDATION does not accept unsolicited proposals. Funding is by invitation only.
Where does NAMIC MUTUAL INSURANCE FOUNDATION give?
NAMIC MUTUAL INSURANCE FOUNDATION primarily gives to organizations located in Michigan, Indiana, and Texas. These states represent the largest share of the foundation’s grantmaking by dollars awarded. Additional geographic details are available to registered users.
What size are NAMIC MUTUAL INSURANCE FOUNDATION’s grants?
The largest share of grants from NAMIC MUTUAL INSURANCE FOUNDATION fall in the $5,000 to $25 thousand range. The median first-year grant is about $10 thousand. More detailed grant size data is available to registered users.
How many grants does NAMIC MUTUAL INSURANCE FOUNDATION make each year?
In 2024, NAMIC MUTUAL INSURANCE FOUNDATION awarded about 6 grants, totaling nearly $69 thousand. More detailed grant metrics are available to registered users.
Who did NAMIC MUTUAL INSURANCE FOUNDATION fund recently?
In 2025, NAMIC MUTUAL INSURANCE FOUNDATION awarded grants to about 7 grantees. Recent grantees include OLIVET COLLEGE, PURDUE UNIVERSITY GLOBAL INC, and ST JOHN'S UNIVERSITY NEW YORK. More detailed information on all recent recipients is available to registered users.
How do we apply to NAMIC MUTUAL INSURANCE FOUNDATION?
NAMIC MUTUAL INSURANCE FOUNDATION does not accept unsolicited proposals. Funding is by invitation only.