PORTLAND, Ore.--(BUSINESS WIRE)--Standard Insurance Company (The Standard) announced at its recent annual all-employee meeting that the 2017 Employee Giving Campaign would again include a 2-for-1 company match of all employee charitable gifts. The 2016 campaign broke previous company records, exceeding $4.2 million. The dollar-for-dollar match by both The Standard and its parent organization, Meiji Yasuda Life Insurance Company, means that for every dollar an employee gives, a school or nonprofit will receive three dollars.
Last year’s Campaign impacted more than 1,500 schools and nonprofit organizations across the United States. Some of the largest recipients chosen by employees of The Standard included Habitat for Humanity, Central City Concern, Ronald McDonald House Charities of Oregon and Southwest Washington, New Avenues for Youth and Oregon Food Bank.
During the 2017 campaign, employee contributions will again be matched 2:1 up to $5,000 per employee, for a total gift of up to $15,000 per employee to the school or nonprofit of the employee’s choosing.
“Employees of The Standard have a rich and storied history of generosity, dating back more than 110 years,” said Greg Ness, chairman, president and CEO of The Standard. “We are committed to continuing that legacy of giving, both time and money, to help local schools and nonprofits throughout our communities. And I want to thank Meiji Yasuda for continuing their generous dollar-for-dollar match of employee contributions.”
“We are delighted to partner with The Standard again in 2017 to support the annual Employee Giving Campaign,” said Akio Negishi, president of Meiji Yasuda of Tokyo, Japan. “We admire and respect The Standard’s commitment to their customers and the nonprofit organizations that help so many in your communities.”
More than 2,100 employees pledged support during the 2016 campaign through various programs. The annual Employee Giving Campaign and matching contributions are in addition to The Standard’s corporate and foundation giving.
For more information about community involvement at The Standard, visit www.standard.com/community and feel free to share the attached infographics.
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.
About Meiji Yasuda Life Insurance Company
Meiji Yasuda Life Insurance Company is headquartered in Tokyo and is the oldest and third largest life insurance company 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/.