Erie Insurance announces new $100 million charitable foundation
On Thursday, May 1, Erie Insurance (ERIE) announced the inception of the Erie Insurance Foundation, which aims to create new grants and contribute to charities within the area.
Historic Customs house, AKA the Erie Art Museum, begins preservation project
The foundation was created as part of Erie Insurance's several 100th anniversary events, including 100 days of service, 100 days of giving and the ringing of the NASDAQ Opening Bell.
Erie Indemnity Company, the management company of Erie Insurance, donated $100 million as an initial investment in hopes that it will grow in the years to come.
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Christy Blashock, ERIE's chief diversity and community development officer, said that this new foundation will be a way to give back to the community after a century of business.
'At Erie Insurance, service has been central to our success for 100 years,' said Blashock. 'We understand and embrace our great responsibility to help grow and develop communities where our own ERIE Family lives and works. A century later, these ideals remain at the heart of who we are at ERIE. This substantial seed gift, and the foundation itself, will provide support for charitable organizations well into the future.'
To learn more about Erie Insurance, click here.
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