Seattle, Wash. (Nov. 21, 2011) — Two years ago, the Safeco Insurance Foundation launched an education initiative with the auspicious goal of improving educational achievement and opportunities for youth in Washington and Oregon. Today, the philanthropic foundation of Safeco Insurance is taking a step closer to achieving that goal by donating $770,000 in grants to 32 organizations, positively impacting an estimated 10,000 young people.
“The Safeco Insurance Foundation gives priority to educational programs that encourage disadvantaged youth to excel academically and create opportunities for life-long success through learning,” says Paul Hollie, the foundation’s director. “Safeco believes that investing in education is an investment in our community at large.”
Since the inception of Safeco Insurance Foundation’s education initiative in 2009, more than $2 million has been donated to programs in local communities across the Northwest that expand academic opportunities and highlight the path to further education for low-income and limited-English proficient students. This year’s grants range from $5,000 to $50,000 each and are designated for a variety of out-of-school or in-school programs and vocational or technical training.
Recipients include 826 Seattle, which will use its grant to fund after-school tutoring programs and workshops; Boys & Girls Club of Spokane County, which will put its grant to work as part of the Be Great: Graduate! program; and Portland YouthBuilders, which helps young individuals earn general educational development degrees and receive job training.
A full list of recipients can be found on the Safeco Insurance Foundation Education Initiative page.
Established in 2006, the Safeco Insurance Foundation supports the communities in which Safeco Insurance employees live and work. Through its grants, the Foundation attempts to help educate low-income children, strengthen cultural treasures, protect the most fragile in our communities and uplift those most often left out or behind. Grant-making priorities are education and broad-based health and human services. The Foundation also invests in cultural organizations and access to health care for low-income individuals. For more information, visit the Safeco Insurance Fund page.
In business since 1923 and based in Boston, Mass., Safeco Insurance sells personal automobile, homeowners and specialty products through a network of more than 10,000 independent insurance agencies throughout the United States. Safeco is a Liberty Mutual Insurance company.
Boston-based Liberty Mutual Insurance is a diversified global insurer and the third largest property and casualty insurer in the U.S. based on 2012 direct premiums written as reported by the National Association of Insurance Commissioners. Liberty Mutual Insurance also ranks 81st on the Fortune 100 list of largest U.S. corporations, based on 2012 revenue.
For more information about Safeco Insurance, go to www.Safeco.com.