PORTLAND, Ore.--(BUSINESS WIRE)--During the 2017 Employee Giving Campaign, current and retired employees at Standard Insurance Company (The Standard) pledged $1.1 million benefiting more than 1,700 schools and nonprofit organizations. After a dollar-for-dollar match by The Standard and a second match by Meiji Yasuda Life Insurance Company, total contributions from the 2017 campaign will exceed $4.4 million. These results broke all previous giving records for the campaign.
“The Employee Giving Campaign is an extension of what our business does every day: helping people when they need it most,” said Greg Ness, chairman, president and chief executive officer of The Standard. “I am really proud of how employees of The Standard have once again answered the call to help make our communities better places to live,” Ness added.
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 2018.
One unique program is The Standard’s Jeans Days tradition. 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 Oregon beneficiaries of the program were Central City Concern and the College Affordability and Success Fund of the Portland State University Foundation. Overall, this one program raised more than $530,000 for five nonprofit organizations in Ohio, Oregon, New York and Virginia, all locations where The Standard has large employee populations.
The following are among the many organizations receiving support from the Giving Campaign:
| Central City Concern | $300,000 | |
| Oregon Food Bank | $120,000 | |
| Portland State University Foundation | $110,000 | |
| Save the Animals Foundation | $81,000 | |
| Regional Arts and Culture Council / Work for Art | $78,000 | |
| Ronald McDonald House Charities of Oregon and SW Washington | $65,000 | |
| Mercy Corps | $50,000 | |
| Oregon Public Broadcasting | $48,000 | |
| Children’s Cancer Association | $45,000 | |
| My Sister’s Place | $44,000 | |
For more information about community involvement at The Standard, visit www.standard.com/community.
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 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/.
