Elgin financial advisor awarded $15,000 grant from Northwestern Mutual

Celebrating the philanthropic work of its financial advisers, Northwestern Mutual is recognizing the individuals who have shown outstanding volunteerism and leadership through its 2023 Community Service Awards.

Now in its 28th year, the awards program is distributing $270,000 to nonprofits nationwide.

Elgin resident Mark Rizzo, a Financial Adviser at Northwestern Mutual - Chicago, has been named a 2023 Community Service Award winner, receiving a $15,000 grant for the Family Service Association (FSA) of Greater Elgin Area.

"Northwestern Mutual is a company built on helping people, and it is inspiring to see the impact that these financial advisers are making on their communities through selfless contributions," said Steve Radke, president of the Northwestern Mutual Foundation. "I'm honored to work alongside these dedicated advisers who embody our company's values and commitment to the communities we serve."

The FSA of Greater Elgin Area is dedicated to accessible, quality, client-centered and holistic behavior health services that support and strengthen individuals and families.

Currently serving as a fund development coordinator and member of the building committee, Rizzo was inspired to join the FSA of Greater Elgin Area after seeking out his own counseling and experiencing the positive impact the organization had on his life.

For 30 years, Rizzo has been sharing his experiences, providing guidelines for fundraising and serving on the board in times of prosperity and budgetary crisis.

"I was involved in the Our Lady of the Angels school fire in 1958 where 92 students and 3 teachers died," said Rizzo. "At the time, there were no counselors available, so I made it my mission to help bring the community the need for and acceptance of mental health therapy. Since the youth are our future, the grant money will be used to provide counseling services to lay the groundwork for their future growth."

Since the program's inception in 1995, the Northwestern Mutual Foundation has donated nearly $7 million to nonprofits across the country. In celebrating the volunteer work of its financial advisers, the company deepens its dedication to giving back to the communities it serves.

Learn more about his volunteer efforts with the Family Service Association of Greater Elgin Area at

About The 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 $465 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. It accomplishes this by combining financial support,

volunteerism, thought leadership and convening community partners to deliver the best outcomes. The Northwestern Mutual Foundation's efforts are focused nationally on curing childhood cancer, and locally on education, neighborhoods and making the company's hometown of Milwaukee a great destination. Visit Northwestern Mutual Foundation to learn more.

About Northwestern Mutual

Northwestern Mutual has been helping people and businesses achieve financial security for more than 165 years. Through a comprehensive planning approach, Northwestern Mutual combines the expertise of its financial professionals with a personalized digital experience and industry-leading products to help its clients plan for what's most important. With more than $558 billion of total assets being managed across the company's institutional portfolio as well as retail investment client portfolios, nearly $35 billion in revenues, and $2.2 trillion worth of life insurance protection in force, Northwestern Mutual delivers financial security to more than five million people with life, disability income and long-term care insurance, annuities, and brokerage and advisory services. Northwestern Mutual ranked 97 on the 2022 FORTUNE 500.

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) (investment brokerage services), broker-dealer, registered investment adviser, member FINRA and SIPC; the Northwestern Mutual Wealth Management Company (NMWMC) (investment advisory and services), federal savings bank; and Northwestern Long Term Care Insurance Company (NLTC) (long-term care insurance). Not all Northwestern Mutual representatives are advisers. Only those representatives with "Adviser" in their title or who otherwise disclose their status as an adviser of NMWMC are credentialed as NMWMC representatives to provide investment advisory services.

Article Comments
Guidelines: Keep it civil and on topic; no profanity, vulgarity, slurs or personal attacks. People who harass others or joke about tragedies will be blocked. If a comment violates these standards or our terms of service, click the "flag" link in the lower-right corner of the comment box. To find our more, read our FAQ.