Workers expect their defined contribution plans to play a greater role in their retirement income than annuities.
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
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
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 StandardGeneral Media:Bob Speltz, email@example.comDirector,
Public AffairsorInvestor Relations and Financial Media:Jeff
Vice President, Investor Relations
Source: The Standard