MetLife Foundation

The MetLife Foundation, established in 1976, is the charitable arm of the insurance company MetLife, Inc. The firm was originally founded in 1863 to insure Civil War soldiers against disabilities, until its reorganization as the Metropolitan Life Insurance Company in 1868. By 1909, the company had become the largest life insurer in the United States. The Foundation channels grants, impact investments, and employee volunteering, contributing over $1 billion to charitable programs since its inception. 1  2

At-A-Glance

Formation:

1986

Executive Director:

Tia Hodges

Location: New York, NY View on map
Tax ID: 13-2878224
Most Recent Filing: 2024
Budget (2024): Assets: $106,525,298 Revenue: $28,575,553 Expenses: $39,720,128

Contents

    Priority Areas

    The MetLife Foundation has four priority areas it focuses on in its giving strategy, which are aligned with the United Nations Sustainable Development Goals (SDGs), including economic empowerment, financial health, resilient communities, and impact investments. 3

    Its economic empowerment grants support initiatives like the BRAC Career Hub, which offers career counseling, training, and mental health support to increase employability for  young people in Bangladesh; NPower, which provides tech skills training for young adults and veterans; and American Corporate Partners (ACP), which addresses veteran underemployment. 3

    The MetLife Foundation’s financial health grants support initiatives such as Trickle Up’s CRECE initiative, which aims to enhance economic resilience and financial management skills for women in poverty in Colombia and Mexico; Accion International’s Inclusive Fintech50 (IF50), an accelerator program identifying early-stage “fintechs” to boost “financial inclusion”; and Village Capital’s ADAPT, which identifies startups in the U.S. and Latin America focusing on economic mobility. 3

    The MetLife Foundation’s resilient communities grants support initiatives like Ashoka’s “new longevity” program, which promotes healthy aging to reshape public policy; Vision to Learn’s Focus on the Future program, providing mobile vision clinics; and UNICEF’s efforts to equip young people in Egypt, Jordan, and Lebanon with technical skills. 3

    The MetLife Foundation’s impact investments grants support advocacy for “climate resilience” and other programs, such as Habitat for Humanity International’s MicroBuild Fund. 3

    Financial

    In 2023, the MetLife Foundation reported revenues of $27,890,465. Expenses totaled $37,662,198, resulting in a net income of -$9,771,733. The organization held net assets of $117,087,275. Notable sources of revenue included contributions received at $18,344,141, accounting for 65.8 percent of total revenue, dividends at $3,290,559 or 11.8 percent, and sales of assets at $6,252,765 or 22.4 percent. Notable expenses included charitable disbursements of $37,557,296, making up 99.7 percent of total expenses, with no compensation reported for officers. Total assets were listed at $127,111,548, with total liabilities at $10,024,273. 4

    For the fiscal year 2022 to 2023, total revenues decreased by 23.8 percent. Total grants and contributions dropped during the same period by 40.8 percent, however, investment income and dividends rose by 45.3 percent, and the net gain from the sale of non-inventory assets rose by 18 percent, suggesting a decline in giving to the organization but a rise in sales of assets to compensate for the loss. 4

    The major contributor to the organization is the MetLife Insurance Company, which donated $18,344,141 in 2023, which amounted to all contributions received. 5

    Grants

    MetLife Foundation provides grants to outside nonprofits and supports a number of left-leaning organizations and advocacy positions. Syracuse University received a $900,000 grant for “closing the racial wealth gap.” The Nature Conservancy (TNC) received $750,000. Sesame Workshop received a $823,437 grant for a “global multimedia emotional wellbeing initiative.” Compass Working Capital received its $500,000 grant for “making wealth-building the norm for HUD-assisted residents program.” University of Tokyo (via CAF America) received a grant worth $525,000 for “empowering seniors to develop sustainable local communities program.” Women’s World Banking received a $355,000 grant for “driving awareness and adoption of life insurance for low-income women in India.” The Arbor Day Foundation received a grant for “EMEA regional tree planting initiative” worth $281,350. Bedford Stuyvesant Restoration Corp received a $300,000 grant. BRAC received a $300,000 grant for “Career Hub: A one-stop service center for unemployed youth providing skills matchmaking.” The Urban Institute received a $250,000 grant for the “Black Family Thriving Initiative.” 6

    People

    As of September 2025, Tia Hodges was the president and chief executive officer of the MetLife Foundation. 7 Hodges has also served as the national program manager for KaBOOM!, a nonprofit focused on ending “playspace inequity for good.” Previously, Hodges was in charge of partnership development for Feeding America’s Eastern Wisconsin division. 8

    As of September 2025, Jose Rosado was vice president of corporate giving for the MetLife Foundation. 7 Rosado previously served as a board member at Casa Myrna. 9

    Financial Statistics

    Total Assets

    Total Revenue

    Total Expenses

    YearTotal AssetsTotal RevenueTotal ExpensesFiling
    2024 $106,525,298 $28,575,553 $39,720,128 View
    2023 $127,111,548 $27,890,465 $37,662,198 View
    2022 $126,864,950 $38,919,493 $38,360,653 View
    2021 $165,642,745 $68,248,126 $30,064,857 View
    2020 $110,199,516 $26,476,837 $40,129,390 View

    Prior year filings: 2019, 2015, 2014, 2013, 2012, 2011

    Expenses Detail

    Grant Activity

    All-time grants received statistics from Candid dataset:

    • Total Grant Value: $150
    • Number of Grants: 1
    • Number of Funders: 1

    Selection of highest value grants received from the last seven years:

    AmountYearFunderSubject
    $1502020 Wolf & Company Charitable Foundation IncExempt purpose

    All-time grants given statistics from Candid dataset:

    • Total Grant Value: $652,907,582
    • Number of Grants: 7,378
    • Number of Recipients: 2,401

    Selection of highest value grants given from the last seven years:

    AmountYearFunderSubject
    $3,775,6582021 Tusk USA Inc C/o Ellen O'connellNippon Foundation Japan – Comprehensive Community Empowerment Program
    $3,750,0002020 Racial equity – Unknown Recipient(s)Metlife Foundation announced that it is committing an additional $5 million over the next three years to advance racial equity in the United States. As part of this commitment, Metlife Foundation will provide immediate support of $1 million to the United Negro College Fund (UNCF) and $250,000 to the NAACP Legal Defense and Educational Fund, Inc
    $2,000,0002021 Local Initiatives Support CorporationAdvancing Access to Ouality Jobs & Building Wealth through LISC's Financial Op
    $1,500,0002022 Rockefeller Philanthropy Advisors, Inc.Women Led Businesses (WLB) (MSC)
    $1,200,0002022 BRAC USA, Inc.BRAC Ultra-Poor Graduation Project
    $1,200,0002022 WOMENS WORLD BANKING INCFinancial and Economic Inclusion for Women in India
    $1,024,5002021 Scholarship America Inc2021 – Pathways Scholarship Program
    $1,000,0002022 Give2AsiaDream, Save, Do: Financial Empowermentfor Underserved Populations 2022 Grant
    $1,000,0002022 LIVING CITIES INC THE NATIONAL COMMUNITY DEVELOPMENT INITIATIVERacial Wealth Equity
    $1,000,0002022 NPower (non-profit)Advancing Careers in Tech for Veterans and Women of Color
    $1,000,0002022 Sesame WorkshopDream, Save, Do: Financial Empowerment for Underserved Populations in Brazil and Mexico
    $1,000,0002022 United Negro College FundMetLife Foundation Legacy Endowed Scholarship
    $1,000,0002021 Build Commonwealth, Inc.Making Wealth Common: Extending Financial Opportunity to All Americans
    $1,000,0002021 Give2AsiaWomen's Empowerment Employment Training Program
    $1,000,0002021 Sesame WorkshopDream, Save, Do: Financial Empowerment for Underserved Populations in Brazil
    $1,000,0002020 UNCFMetlife Foundation announced that it is committing an additional $5 million over the next three years to advance racial equity in the United States. As part of this commitment, Metlife Foundation will provide immediate support of $1 million to the United Negro College Fund (UNCF) and $250,000 to the NAACP Legal Defense and Educational Fund, Inc
    $978,0002022 Scholarship America2022 – Pathways Scholarship Program
    $900,0002022 Syracuse UniversityClosing the Racial Wealth Gap: Thought Leadership Partnership with Syracuse University's Lender Center
    $800,0002022 Helpage IndiaProject Saksham – Towards Health, Wellbeing and Digital accessto elderly
    $800,0002021 Rockefeller Philanthropy Advisors, Inc.FinnSalud Project
    $800,0002021 Rockefeller Philanthropy Advisors, Inc.MSC Global Consulting Pte – Building resilience and financial health for LMI peo
    $800,0002021 SaverLifeSaverLife 3.0: Reaching Scale through the Development of the Personalized Sav
    $800,0002021 Trickle UpFortaleza, Unidad, Empoderamiento, Resiliencia, para mujeresen Extrema pobr
    $750,0002022 Network for Teaching EntrepreneurshipFinancial Literacy Initiative in Japan
    $750,0002022 Village CapitalBuilding Wealth and Resilience Accelerator Program

    References

    1. MetLife, Inc. “Navigating Life Together.” Accessed September 28, 2025. https://www.metlife.com/about-us/navigating-life-together/. 
    2. MetLife, Inc. “MetLife Foundation Reaches New Milestone, Over $1 Billion in Giving.” September 7, 2023. https://www.metlife.com/about-us/newsroom/2023/september/metlife-foundation-reaches-new-milestone-over-1-billion-in-giving/. 
    3. MetLife Foundation. “MetLife Foundation.” Accessed September 28, 2025. https://www.metlife.com/sustainability/MetLife-Foundation/. 
    4. ProPublica. “Metlife Foundation.” Nonprofit Explorer. Accessed September 10, 2025. https://projects.propublica.org/nonprofits/organizations/132878224. 
    5. Metlife Foundation. Return of Organization Exempt from Income Tax (Form 990). 2023. Schedule B, part 1, a. 
    6. MetLife Foundation. “MetLife Foundation Grants.” Accessed September 28, 2025. https://www.metlife.com/sustainability/MetLife-Foundation/resources/grants/. 
    7. MetLife Foundation. “Who We Are.” Accessed September 10, 2025. https://www.metlife.com/sustainability/MetLife-Foundation/who-we-are/. 
    8. Hodges, Tia. LinkedIn Profile. Accessed September 10, 2025. https://www.linkedin.com/in/tiahodges/. 
    9. Rosado, Jose. LinkedIn Profile. Accessed September 10, 2025. https://www.linkedin.com/in/joserosado/.