The Standard is a marketing name for Standard Insurance Company (Portland, Oregon), licensed in all states except New York, and The Standard Life Insurance Company of New York (White Plains, New York), licensed only in New York. Products and availability vary by state and are solely the responsibility of the applicable insurance company.
The Standard’s Employee Giving Campaign Raises a Record $4.7 Million for Nonprofits and Schools
PORTLAND, Ore.--(BUSINESS WIRE)--During the 2018 Employee Giving Campaign, current and retired employees at Standard Insurance Company (The Standard) pledged $1.7 million benefiting more than 1,800 schools and nonprofit organizations. After a dollar-for-dollar match by The Standard and a second match by parent organization Meiji Yasuda Life Insurance Company, total contributions from the 2018 campaign will exceed $4.7 million. These results broke all previous giving records for the campaign.
“I am incredibly proud of how generous our employees are,” said Greg Ness, chairman, president and chief executive officer of The Standard. “Each year during the Employee Giving Campaign I’m reminded that this now 113 year-old company has compassion and community service in its DNA.”
More than 2,100 employees pledged support during the campaign through various programs. These contributions, which are in addition to The Standard’s corporate and foundation giving, will be distributed to nonprofit organizations during 2019.
One unique tradition is The Standard’s Jeans Days program. It provides employees an added incentive by encouraging them to give $100 in exchange for wearing jeans to work on Thursdays and Fridays. Once again, The Standard and Meiji Yasuda matched these donations dollar-for-dollar. This year’s beneficiaries of the program were four Habitat for Humanity chapters located in Altavista, Virginia; Cincinnati, Ohio; White Plains, New York; and Portland, Oregon. Additionally, the Otter River Resource Center and Brighton Center were Jeans Days partners. Overall, this one program raised more than $464,000 for six nonprofit organizations.
The following are among the many organizations receiving support from the Giving Campaign:
|Habitat for Humanity Portland / Metro East||$370,000|
|Oregon Food Bank||$120,000|
|Central City Concern||$70,000|
|Oregon Humane Society||$65,000|
|Oregon Public Broadcasting||$54,000|
|Otter River Resource Center||$50,000|
|Regional Arts & Culture Council||$46,000|
|Vnam Children’s Foundation||$45,000|
|Ronald McDonald House Charities of Oregon & SW Washington||$40,000|
For more information about community involvement at The Standard, visit www.standard.com/community.
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.
About Meiji Yasuda Life Insurance Company
Meiji Yasuda Life Insurance Company is headquartered in Tokyo and is the oldest and one of the largest life insurance companies in Japan. It provides a variety of group and individual life insurance products, bancassurance and group annuity products in Japan. It also has insurance operations in the U.S., Poland, China, Indonesia and Thailand. In 2016, Meiji Yasuda acquired StanCorp Financial Group, the holding company for The Standard. Additional information about Meiji Yasuda can be found at www.meijiyasuda.co.jp/english/.
Bob Speltz, Senior Director, Public Affairs