Request a grant

Principal Foundation is focused on helping people learn more, earn more, and save more.

By partnering with community organizations and social enterprises where our employees live and work, we can come together to help individuals live their best lives.

Our Community Grant Program invests in work that promotes financial security, drives talent-focused educational opportunities, and builds strong communities by providing free or near-free experiences. These priorities are rooted in our business’s values. We believe a stronger future begins when we collaborate towards a common goal.

How to apply

All applications for the Community Grant Program and Major Gifts (requests of $100,000 or more), as well as employee giving and volunteerism are managed online.

Before you begin the process, please refer to our grant guidelines and eligibility (PDF).

To get started with your application, please log into the YourCause platform and check to see that your organization’s information is accurate. This nonprofit portal guide (PDF) offers simple, step-by-step visualizations for registering and navigating the portal.

Focus areas & application deadlines

Our grants are focused on specific goals and geographic areas. If your programming doesn’t align to our grantmaking priorities, tapping into our volunteer giving or Birdies for Charity fundraising program might be a better fit. 

Iowa grant applications

Financial Security (Central Iowa only)
We fund programs that help people in our community make progress toward financial stability. Examples might include skill-building, job training and access to saving and financial education. 

Talent Focused Education (Central Iowa only)
We partner with select K-12 schools and educational organizations that develop a pipeline for our workforce needs and talent through STEM-based programs.

Strong Communities (Central Iowa only)
We support investments that provide free or near free access to arts and cultural, civic, or recreational experiences.

Greater Iowa, national, & global grants

All domestic, non-central Iowa grants are due June 15.

We fund organizations nationally and globally where we have a significant employee and business presence. We look for strong partnerships that lead to opportunities to enhance Financial Security, Talent-Focused Education, and Strong Communities, as defined above.

First, please review the eligibility guidelines (PDF) to see if your organization could be a partner.

To apply for a domestic non-Central Iowa grant, use the application tied to your geographic location:

Global applications are invitation-only and focused in the 13 countries where Principal has a strong presence.

What types of support do we provide?

  • Annual Grants
    • A competitive process focused on providing funds for General Operating or Program support
    • To learn more about the grant focus areas, deadlines, and to apply review the details above
  • In-kind donations
    • Provides goods and/or services
    • Applications will be available in the fall
  • Sponsorship
    • Refers to funding that focuses on employee branding and branding opportunities, community branding, diversity and inclusion and quality of life events
    • Applications will be available in the fall
  • Major Gifts
    • Requests of $100,000 or more that are in alignment with our focus areas
    • Application deadlines are March 15, June 15, and September 15

Match Giving

Don’t forget about match giving. After looking at the grant guidelines and eligibility (PDF) you may decide that partnering with us in our match giving efforts aligns better with your organization. This is a wonderful opportunity to partner with Principal employees through board service, individual volunteering and team volunteering.  Our new programs allow us to go beyond good!  See below for all the details.

Match giving opportunities

Board Service Matching

  • This honors our employees that serve on boards by creating a 1:1 match policy up to $1,500 annually. If you sit on a board of more than one nonprofit you can split the $1,500 between a maximum of two organizations a year.
  • Dual eligibility is offered when employees participate in both Board Service Matching and the United Way. They can apply for both matching gift programs on a single donation. There is a cap on the amount of matching donations.

Individual Volunteer Grants

  • After an individual volunteer for 25 hours, the organization receives $250. ($1000 annual max)

Team Volunteer Grants

  • A group of 5 or more employees, 3 of which must be full time, create a team to focus on a project. The organization is awarded $500 by the Principal Foundation after they volunteer for 5 hours. A maximum of 4 teams can apply for each volunteer program. This is a first come first serve initiative and will max out at 500 teams.

United Way

  • We will continue to allow donor designations and match employee giving to the United Way on a 1:1 basis up to $250,000. Dual eligibility is offered when employees participate in both the United Way and Board Service Matching. They can apply for both matching gift programs in a single donation.

Volunteering

We leverage the power of our 15,000 global employees to support programs, organizations and ideas that create societal impact.  How do we support our employees?  Through paid time-off to volunteer, by creating match giving opportunities so they can contribute even more to their passion and by incorporating new technology that simplifies the process of creating an event and organizing volunteers. You can find more on our nonprofit portal guide (PDF).

Questions?

For more information about the company's charitable contributions program or the Principal Financial Group Foundation, Inc., contact:

Carrie Clogg
clogg.carrie@principal.com
Global Grants and Partnerships
Domestic Grants and Partnerships outside of Iowa

Brianne Sanchez
sanchez.brianne@principal.com
Match Giving and Board Engagement
Grants for Talent-Focused Higher Education

Sara Terpstra
terpstra.sara@principal.com
Volunteer Engagement and Community Events

Rachel Woodhouse
woodhouse.rachel@principal.com
Domestic Grants and Partnerships within Iowa