Close Close
Popular Financial Topics Discover relevant content from across the suite of ALM legal publications From the Industry More content from ThinkAdvisor and select sponsors Investment Advisor Issue Gallery Read digital editions of Investment Advisor Magazine Tax Facts Get clear, current, and reliable answers to pressing tax questions
Luminaries Awards

Portfolio > Alternative Investments > Hedge Funds

Creative Philanthropy

Your article was successfully shared with the contacts you provided.

Assurant Employee Benefits is trying to use a new approach to encouraging employees to get involved in the community.

Assurant Employee Benefits, Kansas City, Mo., a unit of Assurant Inc., New York, gave groups of 3 to 5 employees a chance to apply for $100 budget allocations that they could use to try to “change the world.”

Many groups submitted applications, and the 6 winning teams will use the allocations for projects such as buying a used freezer for a food pantry and helping animal rights organizations buy items for fundraising auctions, according to Assurant.

The teams must spend the allocations by September, and they cannot exceed their budgets, use their own money or seek additional funds from co-workers, Assurant says.


© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.