Triple-I Weblog | Insurers Deal with Meals Insecurity in thirtieth Yearof Philanthropy


By Loretta Worters, Vice President, Media Relations, Triple-I

One in 5 U.S. youngsters is not sure the place they may get their subsequent meal, based on the U.S. Division of Agriculture. In 2022, 33 p.c of single-parent households skilled meals insecurity, and the issue is very acute for households of shade and households headed by single moms.

The Insurance coverage Business Charitable Basis is observing Starvation Motion Month – a nationwide effort held each September– by elevating funds in its ongoing struggle in opposition to childhood starvation all through its 30th anniversary yr in 2024.

On common, IICF gives as much as 5 meals for each greenback contributed, working with 11 nonprofit companions that serve communities throughout the US and United Kingdom.  Donors to the IICF 30th Anniversary Celebration are acknowledged on its web site as IICF Kids’s Champions for contributions of $1,000 or better and all donors contributing $30 or extra.

Donors giving $30 or extra can enroll for a complimentary yr of IICF International Membership, which gives unique volunteer alternatives and a community of philanthropically minded insurance coverage professionals, famous IICF CEO Invoice Ross.

 “We convened an IICF 30th Anniversary Committee of 35 business leaders within the new yr to assist lead and advance our 30th marketing campaign to boost funds for hungry youngsters,” Ross stated. “Seven insurance coverage firms are main inside firm campaigns in assist of IICF’s 30th, elevating and matching funds for hungry youngsters: CNA, Burns & Wilcox, Falvey Insurance coverage Group, Lockton, Markel, RT Specialty and The Hartford. We hope extra firms and people will take part.”

The IICF has roughly 400 particular person donors up to now.  For each 100 new donors, at solely $30 every, that’s hundreds of meals they will ship to youngsters in want.

“As we glance again at 30 years of the IICF, it’s encouraging to know we’ve grown from an effort primarily serving California, with roughly 20 board members, to now increasing as a nationwide and rising worldwide business basis with greater than 800 insurance coverage professionals, offering private management and volunteer assist, serving on IICF’s worldwide and native boards and committees,” stated Ross. 

“All through our 30 years, IICF has maintained a give attention to youngsters in danger, training and meals insecurity. Every of our divisions encompasses these focus areas, in addition to further areas of want particular to every area, together with army veterans, the setting, and social mobility,” he stated.

“It’s at all times essential to acknowledge the place we began as a basis, and our imaginative and prescient stays the identical at the moment. The IICF is right here to symbolize the insurance coverage business in a united philanthropic effort by offering grants in native communities, industrywide volunteer service and ongoing alternatives for management in our communities and our business.”

Extra Work Must be Performed

Since 2020, IICF has raised $1.8 million and delivered three million meals by means of its Kids’s Reduction Fund, which was launched in response to the worldwide pandemic. However extra must be completed.  For people who want to donate, the IICF is grateful to those acts of kindness. 

Ross summed it up greatest: “Once we unite to assist others, nice issues occur for everybody – communities, our neighbors in want and our business!”

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