MetLife Foundation commits $9 million to FIFA Global Citizen fund

Published 30/09/2025, 14:42
MetLife Foundation commits $9 million to FIFA Global Citizen fund

NEW YORK - MetLife Foundation, the philanthropic arm of the financially robust MetLife (NYSE:MET) - which currently maintains a "GOOD" overall financial health score according to InvestingPro analysis - announced Tuesday it will commit $9 million as a founding donor to the FIFA Global Citizen Education Fund, which aims to raise $100 million to provide access to quality education and sport for children worldwide.

The commitment is part of a new three-year partnership between MetLife and Global Citizen, the world’s largest movement to end extreme poverty. The partnership was unveiled at the 2025 Global Citizen Festival held in New York’s Central Park. With a market capitalization of over $54 billion and a strong track record of maintaining dividend payments for 26 consecutive years, MetLife demonstrates substantial financial capability to support such initiatives.

"At MetLife, we believe in being there for people and communities in the moments that matter, guided by our clear purpose of building more confident futures for all," said Michel Khalaf, president and CEO of MetLife, according to the press release.

The FIFA Global Citizen Education Fund will focus on providing educational opportunities and sports access to children globally, aligning with MetLife Foundation’s nearly 50-year history of supporting education initiatives.

As part of the partnership, MetLife will provide financial support, employee volunteerism, and global reach to support Global Citizen campaigns worldwide, including the Global Citizen NOW action summits.

Hugh Evans, Co-Founder and CEO of Global Citizen, stated that the partnership "will be instrumental in growing our impact and serve as a critical catalyst in our shared vision to accelerate progress toward a world where everyone has the opportunity to thrive."

MetLife Foundation has contributed over $1 billion since its establishment in 1976, focusing on economic inclusion, financial health, and building resilient communities.

MetLife, Inc. (NYSE:MET) operates in more than 40 markets globally, providing insurance, annuities, employee benefits, and asset management services.

In other recent news, MetLife Inc. announced that it anticipates its variable investment income for the quarter ending September 30, 2025, will meet its target of $425 million before taxes. This expectation aligns with the company’s full-year guidance of approximately $1.7 billion in pre-tax variable investment income. Piper Sandler downgraded MetLife from Overweight to Neutral, setting a price target of $84, as the stock approaches what the firm considers fair value. Meanwhile, BMO Capital adjusted its price target for MetLife to $82 from $90, reflecting a downward revision of the company’s forward earnings per share run-rate. Evercore ISI also lowered its price target to $108 from $110, maintaining an Outperform rating despite mixed results in MetLife’s group benefits segment. MetLife has also warned its shareholders about an unsolicited mini-tender offer from Potemkin Limited, which proposes to purchase shares significantly below the market price. These developments are part of the ongoing updates concerning MetLife’s financial and market activities.

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