AEGON Transamerica Foundation: Grants for Higher Education

OVERVIEW: The AEGON Transamerica Foundation funds a broad range of initiatives in areas where the insurance company has a corporate presence. Its giving funds arts & culture,  civic & community, education & literacy, health & welfare, and support for the United Way.

IP TAKE: Transamerica Foundation’s open application process welcomes first-time grantseekers, but confirm the relevant region’s funding priorities before applying.

PROFILE: AEGON Transamerica Foundation began in 1994, and “supports nonprofit organizations that contribute to the well being of the communities in which we operate.” It funds arts and culture, civic and community work, education and literacy, health and wellness, and human services.

Transamerica does not prioritize institutions of higher education, but any higher education organization may apply for a grant provided its work emphasizes reading or financial literacy, and personal development opportunities that relate to teaching The foundation sometimes supports higher education endeavors through other programs as long as the work occurs near where its corporate sister maintains offices. Transamerica supports these organizations through a combination of modest grants and matching employee contributions, which combined for close to $2 million in overall education giving in a recent year.

Grants range from a few thousands to tens of thousands of dollars. Transamerica’s grantmaking centers around regions where its business operates—namely Atlanta; Baltimore; Cedar Rapids, IA; Denver; Exton, PA; Harrison, NY; Little Rock, AR; Louisville, KY; Los Angeles; Plano, TX; and St. Petersburg, FL.

Transamerica accepts grant applications year-round, but response times vary depending on the region.

Local office contact information is listed towards the bottom of the foundation’s home page.

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