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The Standard and Its Employees Contributed $5.4 Million to Nonprofits in 2016
[August 22, 2017]

The Standard and Its Employees Contributed $5.4 Million to Nonprofits in 2016


The Standard Charitable Foundation, Standard Insurance Company (The Standard) and its employees contributed more than $5.4 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.

This Smart News Release features multimedia. View the full release here: http://www.businesswire.com/news/home/20170822005146/en/

Patrick Cabe, Employee Benefits Analyst for The Standard, and volunteer firefighter for Cornelius Or ...

Patrick Cabe, Employee Benefits Analyst for The Standard, and volunteer firefighter for Cornelius Oregon Fire Department (Photo: Business Wire)

During the company's annual Employee Giving Campaign, seventy percent of employees and retirees made donations that were matched by The Standard and parent organization Meiji Yasuda to benefit more than 1,500 nonprofits in communities where employees and customers of The Standard live and work. Employee of The Standard also volunteered thousands of hours in their communities on company-donated time.



"The Standard is made up of generous, talented people focused on business goals that put people first," said Greg Ness, chairman, president and CEO of The Standard. "Understandably, that combination of personal generosity and professionalism shapes our culture of caring," Ness added.

The Standard's many programs include providing paid time off to volunteer at their local schools and nonprofits and even to become firefighters. Patrick Cabe, a policy administration specialist in Employee Benefits at The Standard, is also a volunteer firefighter and emergency medical technician for the Cornelius Fire Department in Oregon (photo attached). Cabe exemplifies The Standard and its employees' commitment to their communities.


The Standard's annual Community Engagement Report outlines the company's philanthropic activities and highlights employee volunteerism such as its annual Volunteer Expos held in September 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 2016 Community Engagement Report here.

Since 2007, The Standard Charitable Foundation, The Standard and its employees and retirees have contributed nearly $27 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.


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