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The Standard’s Employee Giving Campaign Raises a Record $5.1 Million for Nonprofits and Schools

John Jannarone

PORTLAND, Ore.–(BUSINESS WIRE)–During the 2019 Employee Giving Campaign, current and retired employees at Standard Insurance Company (The Standard) pledged $1.7 million benefiting more than 1,900 schools and nonprofit organizations. After a dollar-for-dollar match by The Standard and a second match by parent organization Meiji Yasuda Life Insurance Company, total contributions from the 2019 campaign will exceed $5.1 million. These results broke all previous giving records for the campaign.

“This campaign is one for the record books,” said Greg Ness, chairman, president and chief executive officer of The Standard. “I’m so proud of our employees’ generosity. The Standard is delighted to add a double match to each and every gift an employee made to a school or nonprofit they’re passionate about.”

More than 2,200 employees pledged support during the campaign, which also set a new record for participation. These contributions, which are in addition to The Standard’s corporate and foundation giving, will be distributed to nonprofit organizations during 2020.

Another unique tradition at The Standard is the Jeans Days program. It provides employees an added incentive by encouraging them to make a $100 charitable contribution in exchange for wearing jeans and sneakers to work five days a week for a year. Once again, The Standard and Meiji Yasuda matched these donations dollar-for-dollar. The Jeans Days program alone raised more than $600,000 for five nonprofit organizations: Transition Projects in Portland, Oregon; Bethany House Services in Cincinnati, Ohio; Lifting UP Westchester in White Plains, New York; Miriam’s House in Lynchburg, Virginia; and National Alliance to End Homelessness in Washington, D.C.

The following are among the many organizations receiving support from the Giving Campaign:

Transition Projects

$465,000

Oregon Food Bank

$105,000

Habitat for Humanity Portland/Metro East

$60,000

Oregon Humane Society

$60,000

National Alliance to End Homelessness

$56,000

Oregon Public Broadcasting

$54,000

Ronald McDonald House Charities of Oregon & SW Washington

$46,000

Central City Concern

$43,000

Oregon Health & Science University Foundation

$43,000

Miriam’s House

$43,000

For more information about community involvement at The Standard, visit www.standard.com/community.

About The Standard

The Standard is a family of companies dedicated to helping customers achieve financial well-being and peace of mind. In business since 1906, we are a leading provider of financial protection products and services for employers and individuals. Our products include group and individual disability insurance, group life, dental and vision insurance, voluntary (employee-paid) benefits, absence management services, and retirement plans and annuities for employers and individuals. For more information about The Standard, visit www.standard.com or follow us on Facebook, Twitter or LinkedIn.

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/.

Contacts

Bob Speltz, Senior Director, Community Relations

971-321-3162

bob.speltz@standard.com