Community Investment
Community Investment
Our Community Investment Approach
As part of our Impact Agenda, we are dedicated to advancing positive, measurable social and environmental change to build a better business to better the world.
Through our community investments, and aligned to our Impact Agenda, we work with organizations to foster healthier, more equitable communities across our three interconnected strategic focus areas: empowering sustained health and well-being; driving inclusive economic opportunity; and accelerating a sustainable future.
Our strategy prioritizes investments to organizations that:
- Share a commitment to diversity, equity and inclusion, particularly through representative leadership and targeted programming to historically underserved communities
- Drive community-centered solutions, working collaboratively across sectors, aimed at innovative and scalable initiatives
- Demonstrate a holistic approach to the many aspects of well-being, including mental health, to improve and sustain positive outcomes over the long-term
- Utilize data to measure impact with key performance indicators and a commitment to reporting on progress
Our approach takes many forms, including direct funding, volunteering, which leverage skills-based activities, and employee giving and matching programs.
MLK Scholars
John Hancock’s MLK Scholars program aims to level the playing field for young people who do not have equal access to the work experiences and networks that are key to building long-term skills, self-confidence, and financial empowerment.
Signature Corps
We offer our people a variety of ways to support the causes they care about. Our programs give employees an opportunity to leverage their skills, contribute their time, and give back to their communities, all while increasing the impact of our community investment.
All John Hancock employees receive one paid day off per year to volunteer at a charitable or non-profit organization. Through our annual program, John Hancock matches employee donations to eligible organizations dollar for dollar, up to $4,000 per employee per year.
Supplier Diversity
John Hancock and its parent company, Manulife, are committed to supporting supplier diversity and creating a supply chain that reflects the diverse communities we serve. The goal is to proactively encourage competitive consideration of diverse suppliers through purchasing contracts, allowing previously underutilized suppliers to become a vital part of our vendor portfolio. Procurement seeks to work with suppliers who look for ways to shape their businesses to meet the continuously changing environment.
Investment Focus
We focus on removing barriers and empowering people in the communities where Manulife and John Hancock operates. And with humanitarian and natural disasters happening around the world, we are committed to helping communities respond effectively with resiliency and recovery resources.
We will consider funding strategically aligned project or program specific grants as well as capacity building grants or general operating support to organizations whose missions are highly aligned with our investment focus areas. In addition to programmatic funding, we also fund research and innovation to support cutting-edge ideas to understand, address, and promote sustainable change.
We prioritize investment in the following areas:
Measurement, Reporting & Impact
We recognize the importance of efficiently measuring and tracking the social impact of our investments, which is why we are a member of Business for Societal Impact (B4SI). B4SI is the global standard in measuring and managing corporate community investment, and we use its framework to effectively measure, report and communicate our social contributions and investments.
Leveraging the B4SI framework, we seek to understand shorter-term outcomes and longer-term changes resulting from our investments. Please click here to learn more about how we are measuring social impact within our focus areas.
Eligibility & Evaluation
Prospective partners must meet the following criteria to be considered for support:
- Work is aligned with our focus areas and Community Investment approach
- Organization is a registered charity or non-profit providing community benefit where John Hancock operates
Generally, funding is not considered for:
- For-profit organizations
- Political, labor, fraternal organizations, or social clubs
- Individuals, including those seeking scholarships/fellowship assistance or promoting individual pursuits/fundraising activities
- Travel-related events, including student trips or tours
- Private or corporate foundations
- Faith-based groups unless it is clearly intended to support a social service need and do not restrict persons of other faiths from receiving the service
- Capital projects
We strive to provide funding to organizations that meet our values. For that reason, we would not provide funding to any organization that discriminates based on race, religion, color, sex, sexual orientation, gender identity, age, national origin, ancestry, citizenship, veteran or disability status or espouses hate, nor would we support organizations whose stated missions or objectives contravene our values.
Applications
John Hancock accepts grant applications by invitation only.
Organizations seeking to be considered for an invitation to apply can complete a brief interest form and assess their eligibility here.
We will review interest forms and then invite a select number of organizations to formally apply. We do not plan to provide feedback on all expressions of interest.
We host quarterly virtual open house sessions to offer a live walk through of our strategy and approach, and answer questions from community organizations. RSVP for an upcoming session here.