The Standard Charitable Foundation Awards More than $80,000 in Grants

Updated

The Standard Charitable Foundation Awards More than $80,000 in Grants

Four grants support organizations working to address a wide range of social issues

PORTLAND, Ore.--(BUSINESS WIRE)-- The Standard Charitable Foundation, the philanthropic arm of Standard Insurance Company ("The Standard"), today announced four grants totaling more than $80,000 to nonprofits in Cincinnati, Ohio, and Portland, Oregon.


"The Standard Charitable Foundation is proud to support these outstanding organizations whose efforts align with our mission of improving outcomes relating to health, disabilities, childhood development and education in communities where our employees live and work," said Greg Ness, president of The Standard Charitable Foundation and chairman, president and CEO of The Standard.

Grants were awarded to:

Cincinnati Works: $10,000 was awarded to Cincinnati Works for the Phoenix Program. The Phoenix Program offers gang members in the Cincinnati, Ohio, area a path away from crime and self-destruction toward one of legal employment, stability and a future with hope.

Financial Beginnings: $15,000 was awarded to Financial Beginnings. The grant funds the Financial Footings program, which provides personal finance education and instills healthy financial habits for Portland-Metro area elementary school students.

Portland State University School of Business Administration: $50,000 was awarded to Portland State University's School of Business. The grant is the first installment of a $250,000 multi-year gift that will renovate and expand PSU's Business School. This grant ensures future students can take advantage of the very best learning environment and our community, and employers can count on a pipeline of capable and skilled leaders.

Social Venture Partners Portland: $7,500 was awarded to THINK LITTLE, a program of Social Venture Partners Portland. The program is working to address the Portland area's kindergarten readiness crisis through a structure of deep partnerships between schools, teachers, parents and nonprofit organizations.

To learn more about The Standard Charitable Foundation, please visit www.standard.com/foundation.

About The Standard Charitable Foundation

The Standard Charitable Foundation is the independent charitable and philanthropic arm of The Standard. Founded in 2006, the Foundation's mission is to make a positive difference in communities by supporting community development, education, disability and health organizations. While the Foundation has a broad goal of making a positive difference in communities, it places special emphasis on helping individuals and families who have experienced a loss or setback such as a major disability or the loss of a loved one. The Foundation's giving is separate from the corporate giving of The Standard. Since 2006, The Standard, its employees and The Standard Charitable Foundation have contributed nearly $15 million in grants and social investments.

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.



The Standard
General Media
Bob Speltz, Director, Public Affairs
971-321-3162
bob.speltz@standard.com
or
Investor Relations and Financial Media
Jeff Hallin, Assistant Vice President, Investor Relations
971-321-6127
jeff.hallin@standard.com

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