PORTLAND, Ore.--(BUSINESS WIRE)--The Standard Charitable Foundation, Standard Insurance Company’s charitable foundation, today announced three grants totaling $85,000 to nonprofits in Portland, Oregon. The recipients are: Virginia Garcia Memorial Foundation and Health Center, Community Vision and Portland State University.
“We are proud to announce this support for three nonprofits which help people with disabilities live and thrive independently, increase access to health care and educate and inspire the business leaders of tomorrow,” said Greg Ness, president of The Standard Charitable Foundation and chairman, president and CEO of The Standard. “These organizations are doing critical work to strengthen our communities and we’re honored to be a part of it.”
Virginia Garcia Memorial Foundation and Health Center: $25,000 was awarded for the construction and build-out of a new Beaverton Wellness Center to meet the urgent need for increased access to affordable health care. The new Wellness Center will expand clinic space from 12,000 to 36,000 square feet and include five additional medical providers.
Community Vision: $10,000 was awarded to construct the Seven Corners Community Collaborative, a four-story office building located at 1949 SE Division in Portland. When completed in 2018, the building will serve as the new headquarters for Community Vision, a nonprofit that helps people with disabilities live independently in their homes, as well as four additional nonprofits that provide services for individuals with disabilities.
Portland State University Foundation: $50,000 was awarded to renovate and expand the Portland State University School of Business Administration. The new school, which opened in October 2017, includes 21 classrooms, 10 team study rooms, 11 conference rooms, enhanced space for student services, and space for the centers in real estate, sustainability, retail and innovation, and entrepreneurship.
The foundation’s giving is separate from the corporate giving of The Standard. Since 2007, The Standard Charitable Foundation, The Standard and its employees and retirees have contributed more than $25 million in grants and social investments. To learn more about The Standard Charitable Foundation, please visit www.standard.com/foundation.
About The Standard Charitable Foundation
The Standard Charitable Foundation is the charitable foundation of The Standard. Founded in 2006, the foundation’s mission is to make a positive difference in communities by supporting community development, education, disability and health organizations. While the foundation has a broad goal of making a positive difference in communities, it places special emphasis on helping individuals and families who have experienced a loss or setback such as a major disability or the loss of a loved one. Since 2007, The Standard, its employees and retirees and The Standard Charitable Foundation have contributed more than $25 million in grants and social investments.
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.