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CARMEL, Ind., Oct. 28, 2014 /PRNewswire/ -- For the 15th consecutive season, CNO Financial Group and the Indiana Pacers are teaming up to raise money to help support Indiana's at-risk youth through its three-point charity program.
CNO Financial Group – a life and health insurance holding company based in Carmel and the parent company of Bankers Life – will donate $50 to the Pacers Foundation for every three-point shot scored by an Indiana Pacers player at Bankers Life Fieldhouse during the 2014-2015 regular season.
To celebrate the Pacers' 300+ three-pointers scored last season, a brief ceremony will be held at the home opener on Wednesday, Oct. 29. During halftime, CNO Financial Group CEO Ed Bonach will present a $16,500 check to the Pacers Foundation, and again pledge $50 for each of the Pacers' home three-pointers.
"It's a privilege to partner with the Pacers Foundation and help build better communities," said Bonach. "Our contribution to the Pacers Foundation – like many of our other philanthropic programs – affirms our commitment to making Indiana a better place to live, learn, work and play."
"Pacers Sports & Entertainment and the Pacers Foundation have no better partner than CNO Financial Group," said PS&E President and COO Rick Fuson, who also is chair of the Pacers Foundation. "It is gratifying to know that Indiana youth also benefit every time one of our players hit a three-pointer."
Since 1999, CNO Financial Group has donated more than $225,000 to the Pacers Foundation toward its mission to build stronger Indiana communities by investing in educational programs and activities for at-risk youth and their families.
About CNO Financial Group
CNO Financial Group, Inc. (NYSE: CNO) is a holding company. Our insurance subsidiaries – principally Bankers Life and Casualty Company, Colonial Penn Life Insurance Company and Washington National Insurance Company – primarily serve middle-income pre-retiree and retired Americans by helping them protect against financial adversity and provide for a more secure retirement. For more information, visit CNO online at www.CNOinc.com.
About Pacers Foundation
Established in 1993, Pacers Foundation's mission is to support collaborative initiatives to encourage Indiana's youth in making winning life choices. We do this through grant making, scholarships and other community partnerships. To learn more, visit www.PacersFoundation.org.
SOURCE CNO Financial Group, Inc.