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Safeco Insurance® Foundation donates $745,000 to local charities
Seattle, Wash. (July 2, 2012) — Safeco Insurance Foundation is giving $745,000 to help local nonprofit organizations provide emergency assistance and other health and human services.
Of that amount, $600,000 is designated for the basic needs of homeless families and individuals through 42 grants to Northwest charities.
“Supporting fundamental services is some of the most important community work that the Safeco Insurance Foundation does,” says Paul Hollie, foundation director. “As mounting pressures at multiple levels have increased, more people need more basic-level help. We’re trying to counter that growing need in the Northwest by partnering with very effective non-profit organizations through our Basic Services Initiative.”
A check representing the foundation’s $600,000 gift to 42 local organizations was presented before the July 1 Seattle Mariners game at Safeco Field in Seattle to leadership from Food Lifeline, Shoreline, Wash., and Mary’s Place, Seattle, two of the charities receiving support through the Basic Services Initiative.
Since 2010, the Safeco Insurance Foundation has awarded 100 grants totaling nearly $1.3 million to 65 community organizations across Washington and Oregon that provide emergency, basic services.
“All of these organizations have a successful track record of reaching individuals experiencing homelessness and their programs have demonstrated a cost-effective use of resources,” said Hollie.
In addition to the 42 Basic Services Initiative grants, the Safeco Insurance Foundation recently awarded $145,000 through 11 additional donations to local health and human services organizations.
About Safeco Insurance
In business since 1923 and based in Seattle, Washington, Safeco sells insurance to drivers and homeowners through a network of independent agents throughout the United States.
Safeco is a Liberty Mutual Insurance company. Liberty Mutual ranks 81st on the Fortune 100 list of the largest U.S. corporations based on 2012 revenue. The company has financial strength ratings of A (Excellent) from the A.M. Best Company, A2 (Good) from Moody’s Investors Service, and A- (Strong) from Standard & Poor’s.
Contact:
Brenda Mann Harrison
206-473-5324
Brenda.Harrison@safeco.com