By Wearing Jeans, The Standard and Its Employees Raise More Than $500,000 for the Knight Cancer Challenge
November 11 2014 - 9:00AM
Business Wire
Employees far exceed expectations;
participation more than doubles original pledge amount
Standard Insurance Company (“The Standard”) announced today that
$534,000 has been raised through its 2014 Employee Giving Campaign
for the OHSU Knight Cancer Challenge. This includes more than
$180,000 pledged by current and retired employees of The Standard,
as well as a two-to-one corporate match.
In June of this year, The Standard pledged a minimum of $250,000
to the Knight Cancer Challenge through various Employee Giving
Campaign events including its Jeans Day program. Thanks to the
generosity of company employees, record-breaking participation and
a corporate double-match for this year’s campaign, The Standard
more than doubled its original pledge.
The Standard’s Jeans Day program encourages employees to donate
$100 or more to a designated nonprofit partner in exchange for the
opportunity to wear jeans – next year on both Thursdays and
Fridays. As part of the giving campaign, The Standard matched
employee and retiree donations to the Knight Cancer Challenge
two-to-one as an added incentive.
“We could not be more proud of our employees and retirees for
stepping up to support the Knight Cancer Challenge during this
year’s campaign,” said Greg Ness, chairman, president and CEO of
The Standard. “This is an opportunity for all of us at The Standard
to help end cancer as we know it, and we encourage all businesses
and Oregonians to join this effort.”
The Standard is also a member of Unite for the Knight, a
coalition of Oregon businesses and labor groups working together to
help OHSU meet the $1 billion Knight Cancer Challenge.
OHSU has raised more than $440 million so far, but still must
raise approximately $60 million more to reach the $500 million mark
needed to trigger an equal gift from Nike Co-founder Phil Knight
and his wife, Penny. Unite for the Knight is working to help them
cross the finish line.
“We continue to be inspired by the support we’re receiving from
Oregonians and those throughout our region who want to make an
impact against cancer,” said Brian Druker, M.D., director of the
OHSU Knight Cancer Institute. “The Standard’s generous employees,
retirees and corporate two-to-one match move us that much closer to
meeting the Knight Cancer Challenge. We are sincerely grateful for
their generosity.”
More than 1,500 current and retired employees donated to the
Knight Cancer Challenge as part of The Standard’s Employee Giving
Campaign.
About The Standard
The Standard is a leading provider of financial products and
services, including retirement plan products and services, group
and individual disability insurance, group life and accidental
death and dismemberment insurance, group dental and vision
insurance, absence management services, individual annuities and
investment advisory services. For more information about The
Standard, visit www.standard.com.
About the OHSU Knight Cancer Challenge
Oregon Health & Science University has launched an
unprecedented $1 billion campaign to fund research to find smarter,
faster ways to detect cancer when the disease is most curable. Nike
co-founder Phil Knight and his wife, Penny, have pledged to donate
$500 million to support this ambitious plan – if OHSU can raise an
additional $500 million in gifts and pledges in two years. For more
information about the Challenge, visit
www.ohsu.edu/knightcancerchallenge or e-mail
supporttheknight@ohsu.edu.
The StandardBob Speltz,
971-321-3162bob.speltz@standard.comorKnight Cancer Institute at
Oregon Health & Science UniversityElisa Williams,
503-494-8231willieli@ohsu.edu
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