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Humana Offers $100,000 Grant for Chicago Benefits 5th Anniversary

Now accepting applications from Chicago-area nonprofits

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Wednesday, April 4, 2007 11:59 am EDT

Dateline:

CHICAGO

Public Company Information:

NYSE:
HUM
US4448591028

CHICAGO--(BUSINESS WIRE)--Chicago-area charities are invited to apply for a $100,000 grant in the 5th annual Chicago Benefits charitable awards program, created and funded by health benefits company Humana Inc. (NYSE: HUM).

Humanas Chicago Benefits 2007 program will award a one-time, $100,000 grant to a nonprofit, 501(c)(3) organization based in the Chicago metropolitan area that is doing valuable work to benefit the people of Chicagoland. Chicago Benefits supports charitable organizations that focus on the areas of education, healthy lifestyles, and cultural/civic development. A panel of local judges comprised of community leaders, public officials and business representatives will select the $100,000 grant recipient. The nonprofit recipient will be announced at a celebratory gala June 21, 2007 at the River East Art Center.

As one of the largest health benefits companies in Chicago, we are always looking for ways to contribute to our community. Thats why Humana is proud to recognize and reward worthwhile nonprofit organizations making a difference in the Chicago area, said Mike Kasper, market president of Humana Illinois and Chicago Benefits co-chair. We are certain that Chicago Benefits will again make a significant impact, helping to promote healthy lives and healthy communities.

Last October, Tax Assistance Program, a nonprofit organization that provides tax preparation and other financial services to the working poor, received the $100,000 grant from Chicago Benefits 2006. It has used the grant to broaden the reach of its tax preparation and financial literacy programs, which link volunteer professionals with low-income working poor families to provide both immediate and long-term financial strategies. To date, the programs efforts have resulted in $112 million in financial benefits for 66,000 low-income Chicagoland clients.

This generous grant from Humana has helped us focus more on community outreach, getting the word out that the Tax Assistance Program is free, true and legitimate, said Robert Burke, founder of the Tax Assistance Program. Because we now have more time and resources to hone in on outreach, weve already seen great results. More families are coming in for tax help, and weve helped them obtain over $1 million more in tax refunds already this tax season. There have been hundreds of new checking and savings accounts opened as well and it has only been six months since we received Chicago Benefits 2006!

Chicago Benefits 2006 also honored two finalist organizations National Kidney Foundation of Illinois and Reading in Motion in recognition of their outstanding work and contributions to the community.

Chicago Benefits is celebrating its five year anniversary in 2007, with a legacy of nearly 300 applicants and more than $500,000 awarded over the previous four years. Chicago Benefits is the flagship program of Our Community Benefits, Humanas community giving program.

Humana understands that there are countless people and organizations making a difference in Chicago everyday, said Rob Hitchcock, president of Medicare operations in Humanas North Region and co-chair of Chicago Benefits. The innovative grant program, Chicago Benefits, was created here in Chicago five years ago so that we could give a significant contribution to a worthwhile organization impacting the lives of our fellow Chicago residents - and now similar Humana programs have spread to six other major cities.

Chicago-area nonprofit organizations are encouraged to visit www.chicagobenefits.org to download a copy of this years grant application and review program criteria. To be considered, organizations must submit an application by April 20, 2007. Applicants should explain how the organization would use Humanas Chicago Benefits grant to transform itself; detail the organizations financial health; provide examples of previous, successful projects; and describe how the organization benefits the people of the Chicago area.

Chicago Benefits will give emphasis to grant proposals that focus on the educational, cultural and health needs of Chicago-area children, families and seniors. For more information, nonprofit organizations may contact Humanas community relations coordinator at 312-441-5580.

About Humana

Humana Inc., headquartered in Louisville, Kentucky, is one of the nations largest publicly traded health benefits companies, with approximately 11.3 million medical members. Humana offers a diversified portfolio of health insurance products and related services through traditional and consumer-choice plans to employer groups, government-sponsored plans, and individuals.

Over its 46-year history, Humana has consistently seized opportunities to meet changing customer needs. Today, the company is a leader in consumer engagement, providing guidance that leads to lower costs and a better health plan experience throughout its diversified customer portfolio.

More information regarding Humana is available to investors via the Investor Relations page of the companys web site at http://www.humana.com, including copies of:

  • Annual reports to stockholders;
  • Securities and Exchange Commission filings;
  • Most recent investor conference presentations;
  • Quarterly earnings news releases;
  • Replays of most recent earnings release conference calls;
  • Calendar of events (includes upcoming earnings conference call dates and times, as well as planned interaction with research analysts and institutional investors);
  • Corporate Governance Information.

Contact:

Humana Corporate Communications
Amanda Dvorchak, 312-441-5361
advorchak@humana.com
www.chicagobenefits.org