The Standard and its Employees Contributed $6 Million to Nonprofits in 2018

Dateline:

PORTLAND, Ore.
"Since our founding in 1906 in Portland, Oregon, we’ve focused on helping our communities and our neighbors reach higher"
May 14, 2019

PORTLAND, Ore.--(BUSINESS WIRE)--The Standard Charitable Foundation, Standard Insurance Company (The Standard) and its employees contributed $6 million last year to nonprofits. The contributions prepared children for success in the classroom, broadened access to the arts, helped people with disabilities thrive independently and supported families facing significant challenges. The Standard provides philanthropic support annually through its corporate giving program and The Standard Charitable Foundation.

During the company’s annual Employee Giving Campaign, 70 percent of employees and retirees made donations that were matched 2-for-1 by The Standard and parent company Meiji Yasuda. Proceeds from the Employee Giving Campaign benefitted more than 1,800 nonprofits in communities where employees and customers of The Standard live and work.

“If you work at The Standard, you want to make a difference — it’s that simple,” said Greg Ness, chairman, president and CEO of The Standard. “Since our founding in 1906 in Portland, Oregon, we’ve focused on helping our communities and our neighbors reach higher,” Ness added.

The Standard encourages and supports employee volunteerism in a variety of ways, including paid time off so employees can volunteer at their local schools and nonprofits. Here are a few other ways that The Standard supports our employees, so they can make a difference year-round:

  • Leo Award — The award recognizes four exceptional employee volunteers, one per quarter, who exemplify the community spirit of company founder Leo Samuel.
  • Nonprofit board training — The company offers training each year to provide interested employees with the expertise they’ll need to be successful board members.
  • Day of Caring events — The Standard hosted 30 volunteer events to focus support on community partners such as Trillium Family Services and Habitat for Humanity.
  • Jeans Days program — Employees have the option to wear jeans on Thursdays and Fridays in exchange for a $100 donation to a nonprofit partner.

The Standard’s annual Community Engagement Report highlights employee volunteerism and outlines the company’s philanthropic activities, such as its annual Volunteer Expos held in both Portland, Oregon, and Cincinnati, Ohio. The Expos connect more than 150 nonprofit organizations with employees and other members of the community, helping them find volunteer opportunities that match their skills and interests.

View the 2018 Community Engagement Report here.

Since 2007, The Standard Charitable Foundation, The Standard and its employees have contributed more than $38 million in grants and social investments. Additional information about corporate community involvement and The Standard Charitable Foundation is available here.

About The Standard

The Standard is a family of companies dedicated to helping you achieve financial well-being and peace of mind. In business since 1906, we are a leading provider of financial protection products and services for employers and individuals. Our products include group and individual disability insurance, group life, dental and vision insurance, voluntary (employee-paid) benefits, absence management services, and retirement plans and annuities for employers and individuals. For more information about The Standard, visit www.standard.com or follow us on Facebook, Twitter or LinkedIn.

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.

Contact:

Bob Speltz, Senior Director, Public Affairs
971.321.3162
bob.speltz@standard.com

Tuesday, May 14, 2019 6:00 am PDT
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