GoodWorks Insurance's commitment to community is to donate 50% of our annual Operating Profits to qualified 501(c)(3) non-profit entities that enhance education, healthcare or safety services at the local level. To GoodWorks Insurance...these aren't just words. It's our promise, our covenant, our bond...and it reflects a core belief of our company and its investors!

In fact, it's such an important element of the role we believe companies can and should play in return for the opportunity to serve the public that we deliver our commitment with firmness and certainty, in the framework of our Charitable Contract.

More specifically, our philanthropic policy is not about foundation building. We don't intend to accumulate a large pool of assets and donate the investment income to worthy causes. Instead, we view GoodWorks Insurance, LLC as that central source of charitable giving. And, in that sense GoodWorks Insurance is the cornerstone or foundation of our good works!

As such, our donations are the philanthropy and we believe it should be spent by the selected non-profits in support of worthy opportunities in each community...and spent on a timely basis. That means we will only make contributions to non-profits that accept our specific guidelines and agree to distribute our contributions toward identifiable, tangible enhancements within 12 months after their receipt of those donations. The specific projects of enrichment, however, will be determined by the selected qualified 501(c)(3) non-profit entities with GoodWorks Insurance monitoring and receiving detailed reports back on their activities so we can report back to you!

But, how exactly will these proceeds be allocated in support of education, healthcare and safety needs? Well, 70% of our donations are expected to be made in support of educational enrichment at the local level. Importantly, we will support enhancements to the critical work performed by educators, demanded by parents and deserved by all students. To quote George Peabody, who delivered this timeless message in 1869, we believe education is "...a debt due from the present to future generations."

The remainder of our charitable donations will be made in roughly equal amounts to the areas of healthcare and safety. Support for healthcare could mean that we finance certain aspects of a local clinic or it could mean that we purchase healthcare related equipment for the local ambulance association or provide financial support to make transportation services available for the elderly when they need to travel for a physician's appointment or...

In the area of safety, we intend to support the important work performed by the local fire and police departments. These areas could receive that support through funding of special training programs or the purchase of important equipment (that would not normally be covered under a town's operating budget) or...

Our donation commitment has a minimum annual amount of $15,000 per local agency sales and service office location owned and operated by GoodWorks Insurance as of the beginning of each year. We established that minimum because we think communities need investments like these sooner, not later and that need is independent of our ability to build GoodWorks Insurance into a profitable business. Furthermore, our intention is to fund the annual minimum commitment during the first 6 months of each calendar year.

When our agencies cover a region comprised of more than one town, donations will be directed to local communities based on the amount of business produced in each community, if possible. And we intend to remain flexible. The percentages committed to each general cause can be changed and we will look for feedback from our local employee partners to help us best measure the areas of need in each community.

If you are interested in learning more about our philanthropic mission or our Charitable Contract, then please email or call us toll-free at (877) 824-5678.