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Bloomingdale’s Keeps Its Commitment to Philanthropy

For Bloomingdale’s, giving back is engrained in its business.

From supporting youngsters with mental health issues to raising money to fight breast cancer and other life-threatening diseases, the retailer has a history of being proactive of helping to curb the issues  and illnesses impacting its audience and the public at large. In a recent interview, Frank Berman, executive vice president and chief marketing officer, highlighted some of those efforts past and present.

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Cause-related marketing and philanthropy aren’t new frontiers for Bloomingdale’s, which chooses partners based on three pillars: inclusivity and diversity, sustainability and envisioning a better future.

Bloomingdale’s is the founding corporate sponsor of the Child Mind Institute, a nonprofit that has helped thousands of young people with such issues as anxiety, depression, dyslexia and other mental challenges. When the two parties first joined forces in 2009, mental health was not an openly talked-about issue as it is today. Berman said of the company’s ongoing commitment, “We’re particularly interested in the youth of today that will hopefully be the good citizens of tomorrow and hopefully good Bloomingdale’s customers of tomorrow. And the customers of today have children,” adding that as many as one in six children in the U.S. has a treatable mental illness.

More than 17 million Americans under the age of 18 have a diagnosable mental health or learning disorder, which is more than the children with cancer, diabetes and AIDS combined. The Child Mind Institute provides innovative research, clinical care and educational campaigns. To date, Bloomingdale’s has raised approximately $2.8 million for the organization since 2009.

During periodic events with the Child Mind Institute, Berman said he is always inspired listening to children’s personal success stories after Bloomingdale’s-supported programs that led to them being more confident and acclimated. “They’re kids with a bright future ahead of them,” he said.

The longstanding partnership has consisted of various initiatives. Last holiday season, Bloomingdale’s brought back its collectible “Little Brown Bear,” giving a $5 donation to the Child Mind Institute for each $22 bear that was sold. In November and December of last year, shoppers also had the option of rounding up their in-store purchase to the nearest dollar to support the institute, as well as the option to donate at checkout on Bloomingdale’s online store.