About ALSF

Northwestern Mutual Employees and Financial Representatives Raise More Than $1.4 million for Childhood Cancer

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(Philadelphia, PA – September 17, 2019) - Alex’s Lemonade Stand Foundation (ALSF) partner, Northwestern Mutual, is committed to funding research and providing help for families during and after treatment, helping kids with cancer live life to the fullest. With the help of thousands of employees and financial professionals, the company has raised more than $1.4 million through its annual corporate challenge, Race for Research.

Launched in 2012, Northwestern Mutual’s Childhood Cancer Program has contributed more than $20 million, which supports finding cures, providing family and patient support, and aiding those who struggle with long-term side effects of treatment. With the help of employees and financial representatives nationwide, Northwestern Mutual’s contributions have helped fund over 240,000 hours of research.

The top Race for Research fundraising Northwestern Mutual offices are:

  • Northwestern Mutual, Chicago, Illinois
  • Northwestern Mutual, Clayton, Missouri
  • Northwestern Mutual, Jacksonville, Florida
  • Northwestern Mutual, Sioux Falls, South Dakota

“Our firm decided to engage with ALSF because nearly all of us had been touched by pediatric cancer, whether it was a family, friend or neighbor. We watched how cancer took a toll on individuals and families and felt a call to action. We aim to support families directly, research through Alex’s Lemonade Stand Foundation, and other local causes that are near to our hearts. Our work is wholly committed to making the journey to a cure a little easier,” said Kristin Hoefert, Executive Director of Recruitment/Chief Recruitment Officer for the Northwestern Mutual Sioux Falls office.

“The funding and awareness our team raises for Alex’s Lemonade Stand Foundation is changing the lives of families and children with cancer daily,” said Steve Gross, Managing Partner of Northwestern Mutual – Clayton. “Our team could not be more passionate and proud to be supporting such a great cause.”

“Our advisors and their clients have come together these past two years during our Lemon Ball to make a big difference in this fight and find a cure for childhood cancer,” said Bill Koch, Managing Partner of Northwestern Mutual – Jacksonville. “We are proud to be a force for good in our community.”

“The passion our financial professionals bring to supporting this initiative has made a tremendous impact,” said Corey D. McQuade, Managing Partner of Northwestern Mutual – Chicago. “Along with providing critical financial support, we’re raising awareness of the need for funding pediatric cancer research.”

Jay Scott, Co-Executive Director of Alex’s Lemonade Stand Foundation, highlighted how ALSF is working to achieve its mission of changing the lives of children with cancer through funding impactful research, raising awareness, supporting families, and empowering everyone to help cure childhood cancer. “We are incredibly grateful for the amazing support from Northwestern Mutual. Together we are saving the lives of children with cancer one cup at a time.”

About Childhood Cancer

Childhood cancer is a general term used to describe cancer in children occurring regularly, randomly and sparing no ethnic group, socioeconomic class or geographic region. Childhood cancer extends to over a dozen types of cancers and a countless amount of subtypes. Just a few of these cancer types include: Ewing sarcoma, glioma, leukemia, lymphoma, medulloblastoma, neuroblastoma, osteosarcoma, retinoblastoma, rhabdomyosarcoma and Wilms’ tumor. In the United States, childhood cancer is the leading cause of death by disease in children under the age of 15. Every day, approximately 250 kids around the world die from cancer, accounting for 91,250 losing their lives to the disease every year.


About Alex’s Lemonade Stand Foundation

Alex's Lemonade Stand Foundation (ALSF) emerged from the front yard lemonade stand of 4-year-old Alexandra “Alex” Scott, who was fighting cancer and wanted to raise money to find cures for all children with cancer. Her spirit and determination inspired others to support her cause, and when she passed away at the age of 8, she had raised $1 million. Since then, the Foundation bearing her name has evolved into a national fundraising movement. Today, ALSF is one of the leading funders of pediatric cancer research in the U.S. and Canada raising more than $200 million so far, funding nearly 1,000 research projects and providing programs to families affected by childhood cancer. For more information, visit AlexsLemonade.org.

About Northwestern Mutual Foundation 
The mission of the Northwestern Mutual Foundation is to improve the lives of children and families in need. The Foundation has given more than $320 million since its inception in 1992 and is designed to create lasting impact in the communities where the company’s employees and financial representatives live and work. We accomplish this by combining financial support, volunteerism, thought leadership and convening community partners to deliver the best outcomes. Our efforts are focused nationally on curing childhood cancer, and locally on education, neighborhoods and making our hometown of Milwaukee a great destination. Visit Northwestern Mutual Foundation to learn more.

About Northwestern Mutual
Northwestern Mutual has been helping families and businesses achieve financial security for more than 160 years. Through a distinctive, personalized planning approach, Northwestern Mutual combines the expertise of its financial advisors with a digital experience to help its clients navigate their financial lives every day. With $272.2 billion in assets, $28.5 billion in revenues, and $1.8 trillion worth of life insurance protection in force, Northwestern Mutual delivers financial security to more than 4.5 million people with life, disability income and long-term care insurance, annuities, and brokerage and advisory services. The company manages $1287 billion of investments owned by its clients and held or managed through its wealth management and investment services businesses. Northwestern Mutual ranks 111 on the 2019 FORTUNE 500 and is recognized by FORTUNE® as one of the “World’s Most Admired” life insurance companies in 2019.

Northwestern Mutual is the marketing name for The Northwestern Mutual Life Insurance Company (NM), Milwaukee, WI (life and disability insurance, annuities, and life insurance with long-term care benefits) and its subsidiaries. Subsidiaries include Northwestern Mutual Investment Services, LLC (NMIS) (securities), broker-dealer, registered investment adviser, member FINRA and SIPC; the Northwestern Mutual Wealth Management Company® (NMWMC) (fiduciary and fee-based financial planning services), federal savings bank; the Northwestern Long Term Care Insurance Company (NLTC) long-term care insurance.