WAYNE, PA — Radian Group Inc. (NYSE: RDN), a leading provider of mortgage and real estate services, has announced a successful conclusion to its annual “Opens Doors Opens Hearts” fundraising campaign. The initiative generated a remarkable $216,090, exceeding the company’s set goal, in support of the MBA Opens Doors Foundation, a non-profit organization offering mortgage and rental assistance to families caring for a critically ill or injured child.
The 2023 campaign attracted more than 200 generous donors who contributed over $108,045, a figure that Radian matched to amplify the impact of the donations. This year’s fundraising effort marks a 40% increase in donations compared to 2022, reflecting the growing support for the cause among Radian’s stakeholders.
Rick Thornberry, Radian Chief Executive Officer, expressed his gratitude for the overwhelming support. “We are filled with gratitude for each and every person who joined us in supporting the MBA Opens Doors Foundation,” said Thornberry. “The impressive success of this year’s fundraising campaign is a testament to the extraordinary generosity of Radian’s employees and their friends, families, and business partners.”
Established by the Mortgage Bankers Association (MBA) in 2011, the MBA Opens Doors Foundation has been instrumental in helping families maintain their homes while their child undergoes medical treatment. The foundation’s Home Grant Program distributes monthly grants of up to $2,000 to families in need of mortgage or rental payment assistance. Radian has been a steadfast supporter of the foundation, hosting an annual fundraising campaign since 2018. Thus far, Radian’s annual initiatives have raised over $880,000 for the organization.
In 2019, Radian further demonstrated its commitment by facilitating an alliance between the MBA Opens Doors Foundation and the Children’s Hospital of Philadelphia (CHOP) with a $400,000 commitment over four years. In 2023, Radian committed an additional $500,000 over five years.
Radian’s Corporate Citizenship Program has been instrumental in fostering the company’s commitment to giving back. The program encourages and supports the generosity and community involvement of its employees through corporate contributions, matching gifts, and community connection initiatives. Notably, Radian is a lead sponsor of Concert MBA, a benefit concert and auction for the MBA Opens Doors Foundation that has featured artists such as Tim McGraw, Keith Urban, and John Legend.
As we approach the holidays, Radian is preparing for its annual holiday-giving campaign, Radian Gives. This year, the company’s Employee Resource Groups (ERGs) are taking the lead in selecting the causes that will be championed at radiangives.com.
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