Travelers Announces Community Support of Nearly $22 Million in 2014
June 19 2015 - 12:20PM
Business Wire
Travelers (NYSE: TRV) today announced the publication of its
2014 Community Giving Report. Titled “Communities of Opportunity,”
the report details the company’s philanthropic and volunteer
initiatives in 2014, including contributions of nearly $22 million
through corporate funding and the Travelers Foundation to
organizations focused on academic and career success, developing
thriving neighborhoods, and enhancing lives through arts and
culture.
“We strive to provide opportunities for success through our
giving,” said Marlene Ibsen, President and CEO of the Travelers
Foundation and Vice President of Community Relations at Travelers.
“We’re proud to have supported the great work of outstanding
partners in 2014 and of the contributions our employees made
through a host of volunteer projects in their communities.”
Additional highlights from the Travelers 2014 Community Giving
Report include:
- Approximately 47 percent of Travelers’
corporate giving supported causes and organizations that work to
improve academic and career success for underrepresented students.
- As part of Travelers EDGE® (Empowering
Dreams for Graduation and Employment), the company’s career
pipeline program, 125 undergraduate students in Hartford, Conn.,
St. Paul, Minn., and Baltimore, Md., continued their studies.
- 18 percent of charitable funds went
toward developing thriving neighborhoods.
- 13 percent of charitable funds
supported organizations focused on enhancing lives through arts and
culture.
- Other charitable contributions were
used to match employee gifts, and to support projects in health and
social services, civic and public affairs, and disaster
relief.
- Travelers employees contributed
approximately 70,000 volunteer hours to 163 company volunteer
projects in 36 states.
- More than $1 million was generated
through employee volunteer engagement in 2014, including $365,000
to support 40 Habitat for Humanity® building projects across the
U.S.
“Travelers EDGE, to me, is the opportunity to fully pursue and
focus on higher education to better myself and the world around
me,” said Bonnie Geving, a Travelers EDGE scholar and senior at
Metropolitan State University in St. Paul, Minn. Geving will
graduate in December 2015 with a Bachelor’s degree in Applied
Mathematics and Risk Management, and is working toward a career as
an actuary.
Through corporate funding and the Travelers Foundation,
Travelers targets its giving to three key priorities: academic and
career success, developing thriving neighborhoods, and enhancing
lives through arts and culture. With the primary focus of educating
underrepresented students to lead tomorrow’s workforce, Travelers
also contributes to organizations that aid in developing
communities through small business support and neighborhood
revitalization, and enriching lives and learning through arts and
culture. Travelers philanthropic and volunteer initiatives support
its key communities of Hartford, Conn., and St. Paul, Minn., and
select cities nationally.
For more information about Travelers’ corporate giving and its
grant making guidelines, visit www.travelers.com/community.
About Travelers
The Travelers Companies, Inc. (NYSE: TRV) is a leading
provider of property casualty insurance for auto, home,
and business. A component of the Dow Jones Industrial Average,
Travelers has approximately 30,000 employees and generated revenues
of approximately $27 billion in 2014. For more information,
visit www.travelers.com.
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version on businesswire.com: http://www.businesswire.com/news/home/20150619005670/en/
Media Contact:The Travelers Companies, Inc.Judy Senechal,
860-277-2366Jlsenech@travelers.com
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