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The Standard Charitable Foundation grants $10,000 to Young Entrepreneurs Business Week

Business Wire, Inc.

Grant helps build the next generation of business leaders

PORTLAND, Ore.--(BUSINESS WIRE)-- The Standard Charitable Foundation, the philanthropic arm of Standard Insurance Company (“The Standard”), has awarded a $10,000 grant to Young Entrepreneurs Business Week (YEBW), a Salem, Oregon-based nonprofit.

Held each summer at Oregon State University, YEBW provides high school students from across the state of Oregon and beyond a strong foundation of skills and tools, inspiring them to develop and emulate the entrepreneurial characteristics of ethical, financially savvy and successful business professionals. Students form and manage a company, write their own business plans and compete in a business simulation. Adult volunteers provide mentorship, serving as company advisors. In addition to business know-how, students come away with new skills, tools and the confidence necessary to succeed in school, business and life.

“The Standard Charitable Foundation’s support of Young Entrepreneurs Business Week illustrates a commitment to helping students appreciate our free enterprise system and see what it takes to be successful in an increasingly global marketplace,” said Maurissa Fisher, executive director of YEBW. “If businesses are to remain competitive, it is crucial that our future workforce have an understanding and appreciation of the real world challenges facing the business community.”

Employees of The Standard serve as volunteers on the board of YEBW, as company advisors and in other roles.

“The Standard Charitable Foundation is proud to support Young Entrepreneurs Business Week, whose efforts foster learning and prepare young people for careers in business,” said Greg Ness, president of The Standard Charitable Foundation and chairman, president and CEO at The Standard.

To learn more information about The Standard Charitable Foundation, please visit www.standard.com/foundation.

To learn more information about Young Entrepreneurs Business Week, please visit www.yebw.org.

About The Standard Charitable Foundation

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The Standard Charitable Foundation is the independent charitable and philanthropic arm 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 2006, The Standard, its employees and The Standard Charitable Foundation have contributed more than $13 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, AD&D, dental and vision insurance, 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.

About Young Entrepreneurs Business Week

Young Entrepreneurs Business Week (YEBW) is built on the principle of "Building the Next Generation of Business Leaders." YEBW provides high school students with progressive and immersive programs in the key areas of entrepreneurship, business fundamentals, financial investments, career readiness and leadership development.

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

Source: The Standard

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Copyright:Copyright Business Wire 2012
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