The Standard and its Employees Contributed $5.5 Million to Nonprofits in 2017

PORTLAND, Ore.--(BUSINESS WIRE)--The Standard Charitable Foundation, Standard Insurance Company (The Standard) and its employees contributed more than $5.5 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, nearly 70 percent of employees and retirees made donations that were matched by The Standard and parent company Meiji Yasuda to benefit more than 1,700 nonprofits in communities where employees and customers of The Standard live and work. Employees of The Standard also volunteered thousands of hours in their communities on company-donated time.

“Many of our employees are attracted to The Standard in part because of the opportunity to make a positive difference in the lives of customers and to help the communities where we live and work,” said Greg Ness, chairman, president and CEO of The Standard. “At The Standard, we believe engaged employees and a culture of caring is a winning combination for our communities and our customers,” 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. Recognizes four exceptional employee volunteers 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 hosts dozens of volunteer events to focus support on community partners such as Trillium Family Services and Habitat for Humanity
  • Jeans Days program. Offers employees 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 2017 Community Engagement Report here.

Since 2007, The Standard Charitable Foundation, The Standard and its employees and retirees have contributed more than $32 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 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 and individual annuities. 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.

Contact: 

The Standard
Bob Speltz, 971-321-3162
Senior Director, Public Affairs
bob.speltz@standard.com

Images: