SAINT PAUL, Minn.--(BUSINESS WIRE)--Feb. 23, 2009--
The Travelers Companies, Inc. and its private foundation, the Travelers
Foundation, provided more than $19 million in community support across
the country in fiscal year 2008. Travelers has a long history of giving
back to the communities where it does business and collaborating with
community-based nonprofit organizations related to education, community
development and the arts to increase quality of life for underserved
Travelers supports initiatives that improve academic and career success
for underrepresented youth. In 2008, the company expanded its Education
Access Initiative, a program designed to remove the barriers to college
many low-income, first generation students face, to the University of
Connecticut and Morgan State University in Baltimore. Additionally, the
company announced that beginning in 2009, an increasing portion of
charitable giving in Saint Paul, Minn., and Hartford, Conn., will be
focused on public education reform and improving academic and career
success for underrepresented youth.
“Travelers believes a quality education can break down barriers and
provide limitless long-term opportunity,” said Marlene Ibsen, CEO &
President of the Travelers Foundation. “We are committed to ensuring
that the students in our key communities are poised to successfully
transition to post-secondary education and to launch meaningful careers.
Today’s students are our future workforce. The health of our businesses
and our communities depends on an educated population.”
Examples of more than $6 million in grants that improve academic and
career success include:
A $205,000 grant to the Minnesota Private College Fund for the Urban
Education Scholars Program, designed to increase the numbers of
teachers of color in the Saint Paul and Minneapolis schools.
A $150,000 grant to support Achieve Hartford!, an organization working
with the Hartford Public Schools to effect lasting improvements.
$25,000 in funding to the Children’s Storefront in New York City to
support after-school and summer academic enrichment programs for
Ensuring the vitality of the communities where its employees live and
work is a priority for Travelers. The company supports organizations
that create and maintain stability in local neighborhoods through small
business development, affordable housing and job readiness training. “At
Travelers we believe building successful communities begins with
creating opportunities in housing and economic development,” said Ibsen.
Highlights of the $4 million in community development giving include:
A $125,000 grant to the Family Housing Fund in the Twin Cities to fund
a network of support services to help people transitioning from
$100,000 in funding to the South Arsenal Neighborhood Development
Corporation (SAND) for zero-net-energy housing in urban areas.
A $25,000 grant to Neighborhood Housing Services of Chicago to support
efforts to broaden housing opportunities for low and moderate income
Arts and Culture
Travelers supports arts and culture organizations that contribute
directly to academic learning and access for low-income and underserved
communities. “The arts bring vibrancy to our communities, enhance
learning and build multi-cultural understanding,” said Ibsen. Examples
of nearly $2.5 million in arts program supported include:
$25,000 in support to Project SUCCESS, a Twin Cities program focused
on arts education and college access designed to help students develop
a sense of self and career aspirations.
A $40,000 grant to Musical Dialogues, a program of the Hartford
Symphony Orchestra specifically targeted to the African American and
Latino communities to provide an interaction between Hartford Symphony
Orchestra soloists and a diverse audience.
$15,000 in funding to the Baltimore School for the Arts to support
arts education programming for low-income families through the TWIGS
here for a complete list of grants made by Travelers and its private
Travelers provides support for charitable organizations in the community
through the Travelers Foundation. Travelers (NYSE: TRV), is a leading
property casualty insurer selling primarily through independent agents
and brokers. Travelers’ community giving remains focused on community
development, education and the arts. The company’s employees are
consistently active in community initiatives and give thousands of hours
in volunteer time each year. For more information, visit www.travelers.com.
Erin Haberman, 860-277-3617