Through our Corporate Giving and our employee-driven efforts that include our Charitable Impact Committee (CIC), C&F Cares and Volunteerism, we demonstrate our longstanding culture of charitable giving. In fact, it’s in our DNA! Our parent company Fairfax Financial Holdings Limited, since 1991, has made cumulative donations of nearly $240 million to charitable causes.
In 2020, through our Corporate Giving, C&F Cares and CIC initiatives, C&F gave more than $1.5 million, while our employee volunteers supported numerous local initiatives with more than 6,500 hours of service. In fact, over the past decade, C&F has given more than $16 million and our colleagues have given nearly 46,000 hours of community assistance. We look to build on those efforts in 2021.
Photo provided by Gagnon Cardiovascular Institute
C&F is in the midst of a five-year, $250,000 pledge to the Atlantic Health System’s Morristown Medical Center, one that has played a vital role in supporting the hospital’s initiative to add two floors to the Gagnon Cardiovascular Institute, as well as offer peace-of-mind to dozens of heart patients. As a result of the ongoing philanthropic support from the community, Morristown Medical Center has been able to add more than 55,000 square feet of clinical space, expand cardiac MRI capacity with a new scanner and establish 72 new private patient rooms. The donations also proved critical during the peak of the COVID-19 pandemic, as many of the new rooms were temporarily converted to handle the overflow of patients.
Since 2016, C&F has been an active member of the Morris County (N.J.) Chamber of Commerce, working with the organization to develop and implement programs and business solutions within the county. C&F is also a member of the Chamber’s Business Cabinet, a group of successful organizations that have a significant investment in the region, and which underwrites many of the Chamber’s signature programs that promote, support and inform area businesses. Among those programs of which C&F is a proud sponsor is the Chamber’s Young Professionals Forum, which provides members who are under 40 years of age a forum to cultivate relationships, develop professionally and support the community. C&F also participates on several of the Chamber’s councils, including those related to Communications, Finance and Human Resources.
Bridging the gap between employees, the local communities and Crum & Forster’s corporate commitment to giving, the CIC is comprised of employees from various divisions and geographic locations across the U.S. within C&F, and focuses on providing donations to local charities and organizations that are in need of funding. The most exciting part about this initiative is that the nominations come from our valued employees.
Since its inception in 2017, the CIC has reached over 60 organizations and provided over $670,000 in support. Organizations range from homeless shelters, youth-serving organizations, animal rescues, educational institutions, environmental cleanup and more.
The C&F Cares program enables our employees to continue supporting the 501(c)(3) organizations that are the most meaningful to them. We support our employees’ generosity by providing a strong company match to both employee-giving and charity hours up to $10,000 per calendar year. Through this program, in 2020 our employees personally donated more than $420,000 to nearly 700 causes, among them: