The Standard's Employee Giving Campaign Raises $1.7 Million for Nonprofits
Employee participation was a record-breaking 51 percent, up ten percent from 2011
PORTLAND, Ore.--(BUSINESS WIRE)-- During the 2012 Employee Giving Campaign, current and retired employees at Standard Insurance Company ("The Standard") pledged more than $870,000 benefiting more than 1,127 nonprofit organizations. After a dollar-for-dollar match by The Standard, total nonprofit contributions from the 2012 campaign will exceed $1.7 million.
Employee participation was a record-breaking 51 percent compared with 41 percent in 2011. These contributions, which are in addition to The Standard's regular corporate giving, are distributed to nonprofit organizations during 2013.
Habitat for Humanity is the beneficiary of The Standard's innovative Jeans Day program. The program encourages employees of The Standard to give $100 to Habitat for Humanity in exchange for the right to wear jeans to work on Fridays during 2013. The Standard matches these donations dollar-for-dollar, providing employees with an added incentive to give.
"The Standard's annual employee giving campaign continues to reflect the depth of our employees' commitment to supporting nonprofits and ultimately the well-being of their communities," said Greg Ness, chairman, president and chief executive officer of The Standard. "More employees than ever are participating, and through their remarkable generosity they are helping hundreds of nonprofit organizations serve the communities in which we work and live," Ness added.
More than 1,500 current and retired employees pledged support during the campaign.
The following are among the many organizations receiving support (figures cited include pledges by employees and retirees and the dollar-for-dollar match by The Standard):
Portland Habitat for Humanity/ Metro East
Oregon Food Bank
Work for Art
Oregon Humane Society
Oregon Public Broadcasting
Lake Oswego School District Foundation
University of Oregon Foundation
The Standard Charitable Foundation
Lewis & Clark College
For more information about community involvement at The Standard, visit www.standard.com/community.
About The Standard
The Standard is a leading provider of financial products and services, including group and individual disability insurance, group life and accidental death and dismemberment insurance, group dental and vision insurance, absence management services, retirement plans products and services, individual annuities and investment advice. For more information about The Standard, visit www.standard.com.
The Standard is the marketing name for StanCorp Financial Group, Inc. and its subsidiaries: Standard Insurance Company, The Standard Life Insurance Company of New York, Standard Retirement Services, Inc., StanCorp Mortgage Investors, Inc., StanCorp Investment Advisers, Inc., StanCorp Real Estate, LLC, and StanCorp Equities, Inc.
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