FM Global Contributes $1.44 Million in Employee and Corporate Giving to the United Way of Rhode Island
Media Contact: Steven Zenofsky
JOHNSTON, R.I. USA--FM Global, Rhode Island's largest private company and one of the world's largest commercial property insurers, has contributed over $1.44 million to the United Way of Rhode Island's 2013 campaign. Each year, FM Global hosts a United Way campaign that encourages employees to participate and contribute to the cause.
This year was a record breaking year for the company, with both employee participation and overall employee contribution increasing. Employee participation increased by approximately 20 percent and overall employee contribution increased by 10 percent resulting in an additional $131,000 from the previous year.
For every one dollar that FM Global employees gave to the United Way, the company provided a 2 for 1 match. The first company dollar is earmarked to the United Way of Rhode Island's Community Impact Fund, and the second dollar going to the cause designated by the employee.
FM Global's United Way fundraising events included, Days of Caring, a 5k fun run, an Alex & Ani bangle bar, theme basket raffle, Play-Doh design competition, and Denim Days.
About FM Global
Established in Rhode Island nearly two centuries ago, FM Global (www.fmglobal.com) is a $5.1 billion company that insures more than one out of every three Fortune 1000 companies and similar-sized organizations in more than 130 countries. Clients work with FM Global to develop robust property insurance and engineering solutions to protect their business operations from fire, natural disasters and other types of property risk. The company, ranked 572 among FORTUNE Magazine's largest companies in America, employs 5,100 people in 65 offices worldwide--one-third of which work at the insurer's Norwood and Waltham office locations in Massachusetts (750 employees) and at its corporate headquarters in Johnston, R.I. and Research Campus is West Glocester, R.I. (1,000 employees).