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Newsroom MDRT Foundation Coordinates Industry Tsunami Relief Fund PARK RIDGE, ILLINOIS (January 12, 2005) – The Million Dollar Round Table (MDRT) Foundation is coordinating a joint industry effort, the MDRT Foundation Tsunami Disaster Relief Fund, to provide assistance to the victims of the devastating earthquake and resulting tsunamis in South Asia and eastern Africa that occurred on December 26, 2004. The MDRT Foundation has established a $150,000 matching fund for contributions received from MDRT members and non-MDRT members. In addition, the Million Dollar Round Table has contributed $50,000 to the matching fund, bringing the total to $200,000. This matching fund enables individuals to double the amount of their contributions. The MDRT Foundation also will serve as the distribution vehicle for the fund’s contributions, 100 percent of which will directly support the relief efforts. The MDRT Foundation board of trustees has identified The Salvation Army and the American Red Cross as two of the charities to receive the fund’s proceeds. “The MDRT Foundation is proud to coordinate this important industry-wide effort,” said 2005 MDRT Foundation President Allan G. Hancock, CLU, ChFC, of Altoona, Pennsylvania. “When tragedy strikes our global family, it is our industry’s responsibility to provide assistance. Together, we can restore hope among those who have lost so much.” Other industry organizations supporting the MDRT Foundation Tsunami Disaster Relief Fund effort include T he American College, the American Council of Life Insurers, the Association for Advanced Life Underwriting, the Association of Health Insurance Advisors, GAMA International, the Life and Health Insurance Foundation for Education, LIMRA International, MDRT Japan, the National Association of Independent Life Brokerage Agencies, the National Association of Insurance and Financial Advisors, the New York Life Foundation, Penn Mutual Life Insurance Company, the Society of Financial Services Professionals and Women in Insurance & Financial Services. To donate, or for more information on the MDRT Foundation Tsunami Disaster Relief Fund, visit www.mdrtfoundation.org or call MDRT at 847.692.6378. The MDRT Foundation is the philanthropic arm of MDRT, The Premier Association of Financial Professionals. Founded in 1959, the MDRT Foundation was created to provide MDRT members with a means to give back to their communities. Since its formation, the MDRT Foundation has granted $11.7 million to worthy organizations in 61 countries and all U.S. states. The majority of these funds were raised by MDRT members from MDRT members. - 30 - * Editor’s note: As organizations support the fund, they will be added to the list on the MDRT Foundation’s Web site.
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