The FCCI Charitable Foundation, the charitable arm of FCCI Insurance Group, has recently distributed $100,000 for COVID-19 relief. The Foundation contributed $70,000 through the COVID-19 Response Initiative of Gulf Coast Community Foundation and Charles & Margery Barancik Foundation, and $30,000 for relief and response funds in communities FCCI serves in Alabama, Indiana, Maryland, Virginia, Georgia, and Winter Park, Fla. This contribution was made in recognition of and on behalf of FCCI’s valued agency partners.
Prior to distributing the funds, the FCCI Charitable Foundation worked to identify and maximize matching opportunities. The $70,000 awarded in our region was matched 1:1, resulting in $140,000 for COVID-19 relief benefiting organizations addressing hunger, mental health, healthcare and medical supplies, jobs and financial security, education, youth services, and child care. Matches in other regions are expanding the impact of the FCCI Charitable Foundation contribution as well.
The purpose of the FCCI Charitable Foundation, which was formally established in April of 2019, is to maximize the impact of each donated dollar. This Foundation was formed in partnership with Gulf Coast Community Foundation. FCCI leadership noted that this is a highly efficient and cost-effective way to operate its charitable arm: of every $1 that is placed in the Foundation, there is 99 cents available to donate to organizations focused on bettering the lives of others.
“We felt this was a wonderful opportunity to positively impact our communities during this unprecedented crisis,” said Lisa Krouse, member of FCCI’s Board of Directors, EVP, and Chief Administrative Officer. “We live in and care about the communities we serve and consider it an honor to contribute to local and national charitable organizations - especially those serving on the front lines to address the effects of the coronavirus, which are being felt by businesses and families across the country.”
Since FCCI’s founding in 1959, the company has given back to the community. As its business has grown, so have its efforts to support the regions in which it does business. Individually, FCCI teammates donate time and raise money for many causes, such as gifts for children and seniors during the holiday season, on-campus blood drives, beautification projects, and more. FCCI teammates also receive paid time off to participate in community involvement an d volunteer at the charitable organizations of their choice. Since the inception of the program in 2012, more than 17,000 volunteer hours have been donated by FCCI teammates.