Market Overview

The Standard and its Employees Contributed $5.5 Million to Nonprofits in 2017

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The Standard Charitable Foundation, Standard
Insurance Company
(The Standard) and its employees contributed more
than $5.5 million last year to nonprofits. The contributions prepared
children for success in the classroom, broadened access to the arts,
helped people with disabilities thrive independently and supported
families facing significant challenges. The Standard provides
philanthropic support annually through its corporate giving program and
The Standard Charitable Foundation.

This press release features multimedia. View the full release here:
https://www.businesswire.com/news/home/20180815005108/en/

The Standard's Community Engagement Report spotlights the generosity of employees and underscores th ...

The Standard's Community Engagement Report spotlights the generosity of employees and underscores the importance of private-sector giving and how it helps strengthen communities. (Photo: Business Wire)

During the company's annual Employee Giving Campaign, nearly 70 percent
of employees and retirees made donations that were matched by The
Standard and parent company Meiji Yasuda to benefit more than 1,700
nonprofits in communities where employees and customers of The Standard
live and work. Employees of The Standard also volunteered thousands of
hours in their communities on company-donated time.

"Many of our employees are attracted to The Standard in part because of
the opportunity to make a positive difference in the lives of customers
and to help the communities where we live and work," said Greg Ness,
chairman, president and CEO of The Standard. "At The Standard, we
believe engaged employees and a culture of caring is a winning
combination for our communities and our customers," Ness added.

The Standard encourages and supports employee volunteerism in a variety
of ways, including paid time off so employees can volunteer at their
local schools and nonprofits. Here are a few other ways that The
Standard supports our employees, so they can make a difference
year-round:

  • Leo Award. Recognizes four exceptional employee volunteers who
    exemplify the community spirit of company founder, Leo Samuel
  • Nonprofit board training. The company offers training each year to
    provide interested employees with the expertise they'll need to be
    successful board members
  • Day of Caring events. The Standard hosts dozens of volunteer events to
    focus support on community partners such as Trillium Family Services
    and Habitat for Humanity
  • Jeans Days program. Offers employees the option to wear jeans on
    Thursdays and Fridays in exchange for a $100 donation to a nonprofit
    partner

The Standard's annual Community Engagement Report highlights employee
volunteerism and outlines the company's philanthropic activities, such
as its annual Volunteer Expos held in both Portland, Oregon, and
Cincinnati, Ohio. The Expos connect more than 150 nonprofit
organizations with employees and other members of the community, helping
them find volunteer opportunities that match their skills and interests.

View the 2017 Community Engagement Report here.

Since 2007, The Standard Charitable Foundation, The Standard and its
employees and retirees have contributed more than $32 million in grants
and social investments. Additional information about corporate community
involvement and The Standard Charitable Foundation is available here.

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 and individual annuities. 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.

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