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August 13, 2010 at 08:00 PM
The Standard Charitable Foundation, Standard Insurance Company and Standard employees gave about $2.3 million to nonprofit organizations in 2009.
Standard is a subsidiary of StanCorp Financial Group Inc., Portland, Ore. (NYSE:SFG), and the foundation is an affiliate of Standard.
Standard employees and retirees donated $675,000 through a matching gift program.
One beneficiary, the Forest Park Conservancy, Portland, Ore., will get $150,000 and 1,500 hours of employee volunteer time over the next 3 years, Standard says.
In other insurance philanthropy news, Bankers Life and Casualty Company, Chicago, an arm of CNO Financial Group Inc., Carmel, Ind. (NYSE:CNO), has raised $338,000 for the fight against Alzheimer’s disease, up from $329,000 in 2009.
