WAYNE, PA — Radian Group Inc. (NYSE: RDN) announced that its Chief Executive Officer Rick Thornberry recently joined the Board of Directors of the Mortgage Bankers Association (MBA) Opens Doors Foundation, which helps families with critically ill or injured children afford their rent or mortgage payments while their children are in treatment. Radian is a longstanding supporter of the Opens Doors Foundation and other charitable causes, and each year backs a range of nonprofits through charitable contributions, a matching gifts program for employees, fundraising drives and community-based volunteer work.
“I am honored to join the board of Opens Doors, which provides invaluable support for families when they need it the most,” said Thornberry. “Radian is deeply committed to protecting and ensuring the American dream of homeownership and Opens Doors’ important work also helps accomplish that mission. Radian looks forward to further supporting their efforts in the years to come.”
In 2019, Radian helped Opens Doors launch an alliance with the Children’s Hospital of Philadelphia (CHOP), and made a $400,000 commitment over four years to fund the partnership. With more than 560 in-patient beds and more than one million patient visits a year; CHOP has become one of Opens Doors’ largest network hospitals.
Radian has held special fundraising campaigns for the past several years during the MBA Annual Convention in support of the Opens Doors Foundation, encouraging donations through creative social media challenges and auctions. In 2020, the Opens Doors Foundation received $166,000 as a result of Radian’s Everyday Heroes Challenge, and in 2021, Radian generated $171,000 in donations through its Opens Doors, Opens Hearts campaign.
“On behalf of the entire Opens Doors Foundation team, we warmly welcome Rick to our board, and look forward to his perspective on how we can continue to deliver on our mission and reach populations in need of housing assistance,” said MBA Opens Doors Foundation President Deborah Dubois. “Rick embodies the true spirit of an Opens Doors champion and brings insight, experience and passion to our organization as we continue to make it easier for families with critically ill or injured children struggling to make their housing payments.”
For more than 10 years, Radian has been a lead sponsor of Concert MBA, a benefit concert and auction for the Opens Doors Foundation that has brought artists including Keith Urban, Kelly Clarkson, John Legend, James Taylor, Sheryl Crow, and OneRepublic to the Annual MBA Convention.
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