Request a grant
Giving back to the community is a part of our corporate culture and a direct extension of who we are.
Principal® and the Principal Financial Group Foundation, Inc., have embraced corporate responsibility by making philanthropic investments in the communities where our employees work and live. That’s why we’ve created the Community Grant Program.
Want to know more about how we give back? Start by reading our Corporate Social Responsibility Report.
With the launch of our new technology we have a much more efficient way of handling giving and volunteerism. All applications, grant reports, volunteerism, giving, and reporting are now electronic. No more email, scanning, or hard copying applications!
To get started with the application process please review the nonprofit portal guide (PDF) where our new technology, YourCause, will help guide you through the process.
We also have some additional helpful resources as you are getting started and throughout the application process:
- Simplified grant guidelines and eligibility (PDF)
- More questions? No problem. Reference our grants program FAQs (PDF) and technology FAQs (PDF) documents.
- Checkout our webcast which provides details on our new strategy, guidelines, technology platforms, and focus areas. You will need to register before you watch it.
Focus area and application deadlines for 2017 annual grants
Financial Security: May 12
- By investing in organizations, programs and concepts that create positive behavior we help individuals achieve financial security
- To apply for a Financial Security grant use this application:
Talent Focused Education: June 15
- We partner with select schools and educational organizations who help create a pipeline for our workforce needs and talent
- To apply for a Talent Focused Education grant use this application:
Domestic and Global: June 15
- We fund non-Central Iowa organizations globally and domestically in the areas of Financial Security, Talent Focused Education, and Strong Communities where we have a significant employee and business presence
- 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 this application:
- Global applications are invitation only
Strong Communities: September 15
- We support investments that lead to better communities to live, work and play in
- To apply for a strong communities grant use this application:
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
- Refers to funding that focuses on employee branding and branding opportunities, community branding, diversity and inclusion and quality of life events
- Major Gifts
- Requests of $100,000 or more that are in alignment with our focus areas
- Application deadlines are May 12, June 15, and September 15
Did you have a grant funded in 2016?
Please fill out the grant evaluation form (PDF) to tell us about the grant which you were awarded in 2016 and the results or outcomes from it.
Questions? Contact Mandi McReynolds, Social Impact Manager
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.
- 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.
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).