New York: Top insurance and risk management executives are coming together in a new way to support the Spencer Educational Foundation via its inaugural Funding Their Future campaign, which runs June 15 through the end of September.

The Funding Their Future Campaign is being held in lieu of Spencer’s annual gala, one of the industry’s most successful fundraisers.  The multifaceted campaign celebrates the bright and talented students entering the profession and recognizes longtime industry leaders and community supporters. The $1 million Spencer hopes to raise through this campaign will enable the Foundation to continue offering grants, scholarships, and internships to foster the next generation of risk management and insurance professionals.

In 2019 alone, Spencer invested more than $1.5 million into the industry through 92 scholarships, 42 internships, and over 40 grants to support initiatives and experiential learning via universities and professional institutions.  While an in-person celebration is not possible this year, the need to raise funds to underwrite future programs is more critical than ever, as Spencer intends to honor all funding commitments in 2020 despite the pandemic.

“Spencer remains very committed to standing up and being a change agent,” said Marya Propis, Chairperson of Spencer and SVP, Director of Distribution & Broker Partnerships at All Risks, Ltd. “We will continue leading with action by supporting the future of our diverse group of risk management and insurance students.  This new campaign enables prominent organizations and individuals to stand with us in support of our future industry leaders.”

Spencer hopes you will join with them and contribute to the Funding Their Future campaign as the Foundation provides dynamic updates on its website, www.spencered.org/funding-their-future.  Featured content will include a powerful lineup of remarks and storytelling from board leaders, high-profile industry professionals, and our talented scholarship recipients. The Foundation will also celebrate past Gala honorees and Spencer Scholars, recognize generous and loyal sponsors, and provide program updates on investments in the industry’s innovative and bright future. 

About Spencer Educational Foundation:

Established in 1979, the Spencer Educational Foundation is a 501(c)(3) nonprofit organization created in memory of leading risk manager Robert S. Spencer.  Our mission is to fund the education of tomorrow’s risk management and insurance leaders through scholarships, grants, internship opportunities, on and off campus experiential learning, and support of risk management/insurance curricula. Since our founding, we have awarded nearly $8 million in scholarships and another $5 million in grants to universities and professional institutions impacting more than 60,000 students through our programs.

Source: Press Release