Federated Insurance is a proud corporate citizen and donates to many different charities. The most commonly identified one is our Charitable Donations Matching Program, but that is far from all the company gives each year.
There are 4 main areas of financial support that the company focuses on, including…
- The Charitable Donations Matching Program. This program is a way for you to have a say in where some of the company's donation dollars go. Employee donations of $100 or more to a registered charity are matched by the company (up to a maximum of $1000 per employee per year).
- The United Way campaign, to which Federated Insurance and its employees contribute significantly.
- The 63 Foundation is a Fairfax initiative to which all subsidiary companies contribute. These funds are then distributed to multiple charities. This is our biggest charitable commitment, accounting for 1% of our company's pre-tax income. It may not sound like a lot, but our contribution amounts to hundreds of thousands of dollars every year.
- In addition, a number of other corporate donation recipients have received funds for years.
Federated Insurance is proud to support the ongoing commitment of many important charitable organizations and the employees who so generously donate their personal time and money.