Travelers Releases Community Giving Report on International Corporate
HARTFORD, Conn. -- February 25, 2013
In recognition of International Corporate Philanthropy Day, The Travelers
Companies, Inc. (NYSE: TRV) today released its annual Community Giving Report
detailing the company’s corporate and foundation contributions for the year,
totaling more than $21 million.
“Our commitment to doing right in the communities where we live and work is an
important part of our business culture,” said Jay S. Fishman, Travelers
Chairman & CEO. “From partnering with Habitat for Humanity, to empowering
women and minority entrepreneurs, to providing opportunities for young people
to excel in high school, college and beyond, we are proud to support causes
that help our communities thrive.”
Highlights of the company’s giving include contributions in key philanthropic
focus areas – education and community development:
*More than $9.5 million — the largest percentage of Travelers’ giving for
any category — was focused on educational organizations and activities.
*The company celebrated the fifth anniversary of its signature education
program, Travelers EDGE (Empowering Dreams for Graduation and Employment),
aimed at increasing bachelor’s degree attainment and career preparedness.
195 undergraduate students have been directly financially supported by a
Travelers EDGE scholarship or stipend.
*Travelers launched a new partnership with Habitat for Humanity
International and the Insurance Institute for Business and Home Safety to
increase ownership of fortified homes in low-income coastal neighborhoods.
Travelers also funded 35 Habitat builds in 23 states, logging more than
3,500 employee volunteer hours.
*As one of the nation’s largest insurers of small businesses, Travelers
also began a new education program with Los Angeles-based Valley Economic
Development Center to teach women and minority entrepreneurs about the
risks associated with small business ownership.
*Travelers employees logged more than 42,800 corporate and personal
volunteer hours, up from 31,000 in 2011.
*Travelers employees requested matching funds of nearly $2 million for
their local communities:
*In recognition of Travelers employees’ volunteer hours, 571 $500
grants went to 411 organizations in 31 states and the District of
Columbia, totaling $285,500. Forty-nine states and the District of
Columbia received matching grants based on employees’ cash donations.
“We are humbled by the stories we’ve heard from individuals who have benefited
from the services, education and opportunities enabled by Travelers and the
Travelers Foundation,” said Marlene Ibsen, Vice President of Community
Relations and CEO of the Travelers Foundation. “While our nation’s economy
continues to recover, we are pleased to play a role in improving lives and
increasing access to opportunity.”
To view the full report and see an interactive set of videos, photos and
charts, please visit: www.travelers.com/community. Follow and join the
conversation on Twitter: #ICPD.
The Travelers Companies, Inc. (NYSE: TRV) is a leading provider of property
casualty insurance for auto, home and business. A component of the Dow Jones
Industrial Average, Travelers has more than 30,000 employees and generated
revenues of approximately $26 billion in 2012. The company provides support
for charitable organizations in the community through the Travelers Foundation
and with corporate funding. The company’s community giving is focused on
education, community development and the arts. Travelers employees are
consistently active in community initiatives and perform tens of thousands of
hours in volunteer time each year. For more information, visit
Ashley Maagero, 860-277-2954
Press spacebar to pause and continue. Press esc to stop.