Insurance Industry Charitable Foundation Awards Grants

April 26, 2010

The Insurance Industry Charitable Foundation Western Division based in Walnut Creek, Calif., announced it has awarded and distributed more than $175,000 in grants to 23 community nonprofits in its first quarter.

The Western Division focuses its grant making in four areas: child abuse prevention, education and awareness; disaster preparedness and response; education and literacy; and health and human services. Some agencies that have benefitted from IICF grants this year include the Child Abuse Prevention Council of Contra Costa County, San Francisco Food Bank, Swords to Plowshares, Hope Now For Youth, Fresno, Impact Teen Drivers, the Center for Insurance Studies, Cal State Fullerton and the Alisha Ann Ruch Burn Foundation.

It is the policy of the Foundation to return dollars that are raised in a region back to that region in the same percentage, thereby bringing benefit to the communities where donors live and work.

“It is always gratifying to see the engagement of our industry employees with the nonprofits in our communities, not only through generous company contributions, but also through individual volunteerism and support,” said Cliff Thomas, senior vice president of Chubb Group, San Francisco and 2009 IICF Grants Committee chair.

Since its inception, the Industry Foundation has awarded more than $16 Million dollars in grants, benefitting hundreds of charities throughout the western United States and the New York Metro area.

The Insurance Industry Charitable Foundation, founded in California in 1994, seeks to help communities and enrich lives by combining the collective strengths of the industry to provide grants, volunteer service and leadership.

The Industry Foundation is funded and directed by insurance industry professionals representing a spectrum of the industry: reinsurers, insurance agents and brokers, property/casualty, health/life, and related businesses supporting the insurance industry.

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