The Standard Charitable Foundation Announces Four Grants Totaling $150,000

Strategic Insights -

The Standard Charitable Foundation, Standard Insurance Company's charitable foundation, has announced four grants totaling $150,000 to support disadvantaged high school students, small business entrepreneurs, and youth transitioning out of foster care. According to Dan McMillan, president of The Standard Charitable Foundation, the grants aim to make a true difference in the lives of those around them, aligning with the foundation's purpose and values as an organization. The recipients of the grants are Micro Enterprise Services of Oregon, De La Salle North Catholic High School, Portland State University Foundation, and Youth Villages.

Key Takeaways:

  • The Standard Charitable Foundation has a long history of giving, having contributed more than $48 million in grants and social investments since 2007.
  • The foundation's giving is separate from the corporate giving of The Standard, with a focus on making a positive difference in communities.
  • The grants will support disadvantaged high school students in gaining work experience, aid small business entrepreneurs in need of mentoring or funding, and help youth transitioning out of foster care.
  • Micro Enterprise Services of Oregon will receive $50,000 to support their mission to elevate and empower historically excluded and under-resourced entrepreneurs.
  • De La Salle North Catholic High School will receive $50,000 to support the construction of a permanent home for the school.
  • Portland State University Foundation will receive $25,000 to support the professorship in analytics in the business intelligence and analytics program.
  • Youth Villages will receive $25,000 to support the LifeSet program, providing transitional services for Oregon's foster youth ages 17-22.

Statistics:

  • The Standard Charitable Foundation has contributed more than $48 million in grants and social investments since 2007.
  • Approximately 300 Oregon youth age out of foster care each year and many lack the skills, resources and support systems to live independently.
  • The LifeSet program will provide specialized transitional services for Oregon's foster youth ages 17-22.

Sources:

  • StanCorp Financial Group, Inc.
  • The Standard Charitable Foundation
  • Micro Enterprise Services of Oregon
  • De La Salle North Catholic High School
  • Portland State University Foundation
  • Youth Villages