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March 24, 2017

Unum's charitable giving exceeds $3.7M in Maine

Unum and its employees contributed more than $3.7 million last year to nonprofit organizations throughout Maine, part of more than $12.4 million in total charitable support from the company in the United States, the United Kingdom and Ireland.

In addition, employees in Unum’s Portland office volunteered more than 32,000 hours to their favorite local causes, valued at more than $740,000, the company stated in a release.

“The needs in our communities continue to be great, and we have a longstanding tradition of helping others,” said Joe Foley, Unum senior vice president. “Our commitment to social responsibility is one of our core values, and it’s rewarding to see our employees demonstrate that commitment by giving freely of their time, talents and financial resources.”

The company primarily focuses its charitable efforts on supporting public education initiatives that provide more opportunity for students to learn. Other areas of support include health and wellness and arts and culture.

Public education, nonprofits among the beneficiaries

Unum also supported Diversity Leadership Award scholarships given to students who have demonstrated leadership in diversity issues through The Mitchell Institute as well as Special Olympics Maine. Its employees also participated in several mentoring and reading programs to support students at Sacarrapa School in Westbrook, Skillin School and Memorial Middle School in South Portland and Presumpscot School in Portland.

Outside of public education initiatives, the United Way was a big beneficiary of Unum’s corporate giving in 2016. Other major beneficiaries include local nonprofit organizations that partner with Unum, including the Olympia Snowe Women’s Leadership Institute, Educate Maine and JMG.

“Working with these organizations and providing financial and volunteer support to these programs is critical,” Cary Olson Cartwright, Unum assistant vice president for corporate social responsibility, said in a release. “The future success of our communities depends on having well-educated children and young adults who are being prepared to become future leaders. These programs do an excellent job getting them ready for that role and are making a significant impact on our community.”

Unum provides financial protection benefits in the workplace such as disability, life, accident and critical illness, and dental and vision coverage. The company reported revenues of $11 billion in 2016, and provided $6.9 billion in benefits.

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