The Standard Charitable Foundation Announces Four Grants Totaling $125,000

Grants support nonprofit organizations in Oregon, Ohio and New York

PORTLAND, Ore.--()--The Standard Charitable Foundation, Standard Insurance Company’s charitable foundation, announced four grants totaling $125,000 to nonprofits in Portland, Oregon; White Plains, New York; and Cincinnati, Ohio.

Employees of The Standard participated in a first ever, on-line voting process and selected the following organizations to receive grants: LifeWorks NW of Portland, CAREERS for People with Disabilities of White Plains and Freestore Foodbank of Cincinnati. Foundation trustees also awarded Portland State University Foundation a grant to renovate and expand the University’s School of Business.

“At The Standard, we believe it’s important to support nonprofit organizations that increase community health and livability,” said Greg Ness, president of The Standard Charitable Foundation and chairman, president and CEO of The Standard. “This year, our employees affirmed those values through their selection of these nonprofits, each of which makes a tremendous difference in their community.”

LifeWorks NW: $25,000 was awarded to support Project Network, a well-established, culturally-focused residential drug and alcohol treatment program. LifeWorks NW is currently building a new facility for Project Network, which will help approximately 75 families each year move from a life of addiction to productive lives in recovery.

Freestore Foodbank: $25,000 was awarded to support the Cincinnati COOKS! culinary job training program, which is free for adults from low-income households who are seeking stable employment opportunities. Students learn the mechanics of the kitchen as well as essential skills such as food inventory and storage, basic nutrition and cutlery skills.

CAREERS for People with Disabilities: $25,000 was awarded to support the Workforce Readiness, Placement and Training program, which works directly with disabled clients to provide workforce readiness skills, job placement, on-the-job training and ongoing support services.

Portland State University Foundation: $50,000 was awarded to renovate and expand the Portland State University School of Business.

The Foundation’s giving is separate from the corporate giving of The Standard. Since 2007, The Standard, its employees, retirees and The Standard Charitable Foundation have contributed more than $16.4 million in grants and social investments. To learn more about The Standard Charitable Foundation, please visit www.standard.com/foundation.

About The Standard Charitable Foundation

The Standard Charitable Foundation is the charitable foundation of The Standard. Founded in 2006, the foundation’s mission is to make a positive difference in communities by supporting community development, education, disability and health organizations. While the foundation has a broad goal of making a positive difference in communities, it places special emphasis on helping individuals and families who have experienced a loss or setback such as a major disability or the loss of a loved one. Since 2007, The Standard, its employees and The Standard Charitable Foundation have contributed more than $16.4 million in grants and social investments.

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, individual annuities and investment advice. 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.

Contacts

The Standard
General Media
Bob Speltz, Senior Director, Public Affairs
971-321-3162
bob.speltz@standard.com
or
Investor Relations and Financial Media
Jeff Hallin, Vice President, Investor Relations and Capital Markets
971-321-6127
jeff.hallin@standard.com

Release Summary

The Standard Charitable Foundation, Standard Insurance Company’s charitable foundation, announced four grants totaling $125,000 to nonprofits in Portland, Oregon; White Plains, New York and Cincinnati

Contacts

The Standard
General Media
Bob Speltz, Senior Director, Public Affairs
971-321-3162
bob.speltz@standard.com
or
Investor Relations and Financial Media
Jeff Hallin, Vice President, Investor Relations and Capital Markets
971-321-6127
jeff.hallin@standard.com