Professional Documents
Culture Documents
P
resident Earl Richardson,
Morgan State University;
Grace Nyambura and
Tiara Colbert, TEAI scholars
at Morgan State University;
and Andy Bessette, Travelers
executive vice president and
chief administrative officer,
celebrate the launch.
Investing in Our Communities
Travelers has a long history of giving back to the communities where we do business. We’re
pleased to continue to build upon this proud tradition by supporting organizations that are
improving the quality of life for underserved populations.
2008 was a record-breaking year of giving for Travelers. The company and its private foundation,
the Travelers Foundation, provided more than $19 million in community support across the
country in fiscal year 2008, collaborating with community-based nonprofit organizations related
to education, community development and the arts.
We expanded the Travelers Education Access Initiative (TEAI), a program designed to break down
the barriers to college that underrepresented students face, to the University of Connecticut and
Morgan State University. We also held the inaugural TEAI partners symposium, bringing all our
stakeholders together for two days to share best practices and collaborate on ways to expand
and improve the program.
In addition to making an impact with funding, the company continues to make a significant
contribution with its large base of Travelers volunteers. Our employees’ skills and dedication
are a crucial element in helping community organizations serve those in need. Our employees 3
Moving forward, I’m excited to announce 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. These students
are our future workforce and the health of our communities and our business depends on an
educated population.
We’re pleased to share our 2008 annual report “Investing in Our Communities,” which highlights
the investments we made in communities across the country.
Sincerely,
Marlene Ibsen
CEO and president, Travelers Foundation
Breaking Down Barriers, Building Brighter Futures
Travelers is committed to building a diverse, qualified Additionally in 2008, Travelers held the inaugural TEAI partners
workforce for the future. Through the Travelers Education symposium in Baltimore. All college, university and community
Access Initiative (TEAI), a comprehensive, holistic approach, partners came together to share both the successes and
the company is increasing academic and career success for challenges their TEAI students are facing and brainstorm ways
underrepresented students. to further strengthen the program. It was also an opportunity
for our partners to discover how they can work together to build
In 2008 Travelers expanded the program, launching the pipeline of students to higher education and careers.
partnerships with Morgan State University and the University
of Connecticut. Now with ten collaborating organizations in Increasing Access to Higher Education
Connecticut, Maryland and Minnesota, the initiative is designed A more than $210,000 grant to Morgan State University to
to remove the barriers to college that underrepresented provide scholarships to underrepresented students in the
students face by helping them progress from middle school to actuarial sciences program.
a rigorous high school curriculum which will prepare them to
enter college able to compete on an equal level with their peers. A $325,000 grant to the Carlson School at the University of
Professional development and mentorship opportunities are also Minnesota to provide scholarships and increase the number
in place to build an awareness of, and to help students access, of underrepresented students enrolled in the undergraduate
careers in insurance and financial services, providing them with business program.
a competitive edge to career success.
A Children’s Storefront grant for $25,000 to support after- ouston, Texas, students attend Camp Zoofaire, a program designed
H
5
to educate youth on conservation, zoology and the natural world.
school and summer academic enrichment programs for
low-income families in New York City.
Travelers believes in order for a community to be stable and More than $285,000 in grants to Habitat for Humanity
vibrant, affordable housing and community services must be International to build affordable housing in 12 states.
present. We fund organizations working to create and maintain
stability in urban neighborhoods through the building and main- Approximately $45,000 in grants to Rebuilding Together of
taining of affordable housing. Hartford and Baltimore to preserve affordable housing.
S
aint Paul-area students attend Career Day at Travelers.
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Prosperous communities depend on financially stable residents. $175,000 in grants to the Community Reinvestment Fund
As such, creating new opportunities in employment in to support community development leaders across the
underserved communities is a priority for Travelers. country grow small businesses, create and preserve jobs and
develop community facilities.
We provide support to organizations that are providing
participants the opportunity to become self-sufficient, A more than $45,000 grant to Capital Workforce Partners for
productive members of the community by teaching job job training and workforce development programs.
readiness skills and fostering small business development.
A $15,000 grant to Jobs for Youth Chicago for job training and
Fostering Career Success employment placement for low-income teens and young adults
An Our Piece of the Pie grant for $60,000 for the High Demand ages 17 to 24.
Career Initiative.
the Saint Paul Public Schools to attend performances. which teaches Twin Cities middle and high school students to
make informed choices and plan for meaningful futures.
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Mike Newman
Director, Community Relations
Vice President, Travelers Foundation
651.310.7263
Rita Ortiz
Director, Employee & Community Engagement
860.277.8646
Tara N. Spain
Director, Community Relations
Program Officer, Travelers Foundation
860.277.7015
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Deb Morris
Manager, Community Relations
Program Officer, Travelers Foundation
651.310.7881
Lisa Colaninno
Operations Manager
860.277.3761
David S. Daye
Project Leader, Community Relations
860.277.3051
Shary Kempainen
Employee & Community Engagement Specialist
651.310.7875
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