As a financial services firm, we believe in our responsibility to make a positive impact in the many communities we call home. Each year, we support and enrich our communities through a variety of initiatives that make life better for our neighbors as well as our employees and the people and institutions we serve.
Corporate Social Responsibility at TIAA-CREF is built on five core elements that demonstrate the power of our actions to improve the lives of our stakeholders:
Community: The power of our philanthropic engagement and community-facing activities to make a difference in people’s lives.
Diversity & Inclusion: The power of our diverse team of professionals to meet the needs of underserved populations.
Sustainability: The power of our efforts to positively impact our environment.
Stewardship: The power of oversight to enhance and protect value.
Responsible Investment: The power of integrating environmental, social and governance (ESG) factors to deliver long-term performance and measureable societal outcomes.
Thousands of TIAA-CREF employees volunteer each year at community events that are focused on increasing financial literacy, advancing our public education system, reducing hunger and improving the environment. More than 100 employees serve as leaders on our national volunteer councils to recruit volunteers and lead service projects to serve our neediest neighbors. Through these projects in 2014, we were able to improve the lives of nearly 100,000 people across the United States.
Our annual Employee Giving Campaign gives employees the opportunity to contribute to charities of their choice with matching dollars contributed from the firm. In 2015, through this program TIAA-CREF and our employees gave more than $4.3 million to charitable organizations, institutions of higher learning and K-12 schools across the country.
TIAA-CREF is working to improve education opportunities and to ensure that young people have the financial tools necessary to get them started on a path to lifetime security and financial well-being. This starts with providing students the information to help them make informed financial decisions, to learn how to save money and to avoid the pitfalls of taking on too much debt.
Our large presence in our “home communities” of Charlotte, Denver and New York City provides our employees the chance to “adopt” local schools to build longer term partnerships with school children, their teachers and families.
In 2011, TIAA-CREF initiated its partnership with the University of North Carolina at Charlotte to provide educational support to 5,000 students and 600 faculty members at Governor’s Village, a local education complex that is home to four Charlotte-Mecklenburg Schools. Together we developed a number of programs that take place throughout the school year, including:
TIAA-CREF also donates computers and excess offices supplies to the Governor’s Village schools.
In 2013, TIAA-CREF established a partnership with Metropolitan State University in Denver to provide support for Bruce Randolph High School. More than 85 percent of Bruce Randolph students live below the poverty level. Together, with Metro State, we support this school with:
In 2014, TIAA-CREF established a partnership with Jacqueline Kennedy Onassis High School in New York City. To date, we have supported this school with a school supply drive, job shadow event, college planning sessions, weekly financial education classes, and support for individual students and their families at the holidays.Fellowships and Awards
As a financial services organization with deep roots in education, we are enthusiastic about helping people understand the financial issues they face throughout their lives.
As part of this commitment to improving financial literacy, we have instituted ongoing initiatives to teach people how to establish and maintain healthy financial habits.
TIAA-CREF recognizes and honors important work in the higher education, medical and research fields.
Named in honor of the MIT Professor of Economics, Emeritus, Nobel Laureate and former CREF trustee, the award is given annually in recognition of an outstanding research publication containing ideas that the public and private sectors can use to maintain and improve America’s lifelong financial well-being.
Named in honor of the president emeritus of the University of Notre Dame and former member of the TIAA-CREF Board of Overseers, the award recognizes leadership and commitment to higher education and contributions to the greater good. It is presented at the American Council on Education annual meeting to a current college or university president or chancellor.
See how TIAA-CREF created employment opportunities for some very special people.