Radian’s Fundraising Campaign for MBA Opens Doors Foundation Surpasses Donation Goal

Radian Group Inc. (NYSE: RDN) today announced that its annual “Opens Doors Opens Hearts” fundraising campaign generated $216,090 to benefit the MBA Opens Doors Foundation, which provides mortgage and rental assistance to those caring for a critically ill or injured child.

This year, more than 200 donors contributed more than $108,045 to the “Opens Doors Opens Hearts” campaign, exceeding the fundraising goal set by the company. All funds raised as part of the campaign are being matched by Radian to amplify the impact.

“We are filled with gratitude for each and every person who joined us in supporting the MBA Opens Doors Foundation, which provides critical aid to families in times of need,” said Radian Chief Executive Officer Rick 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, and we are so appreciative of everyone who joined the effort. On this Giving Tuesday, we thank you for coming together to support families across the country who are facing incredibly difficult challenges.”

Created by the Mortgage Bankers Association (MBA) in 2011, the MBA Opens Doors Foundation helps vulnerable families with critically ill or injured children stay in their homes while a child is in treatment. Through its Home Grant Program, it provides families in need of mortgage or rental payment assistance with monthly grants of up to $2,000. Radian is a longstanding supporter of the Foundation.

Since 2018, Radian has hosted an annual fundraising campaign to benefit the MBA Opens Doors Foundation. To date, Radian’s annual fundraiser initiative has generated more than $880,000 in support for the organization. The fundraising effort has grown year-over-year, raising 40% more in donations in 2023 than in 2022.

In 2019, the company helped the MBA Opens Doors Foundation launch an alliance with 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.

Additionally, for more than a decade, Radian has been a lead sponsor of Concert MBA, a benefit concert and auction for the MBA Opens Doors Foundation that has brought artists including Tim McGraw, Keith Urban, Kelly Clarkson, John Legend, James Taylor, Sheryl Crow, OneRepublic, Five for Fighting’s John Ondrasik, and Hootie & the Blowfish’s Darius Rucker to the Annual MBA Convention.