BLOOMINGTON, Ill.,
01
August
2024
|
11:18 AM
America/Chicago

State Farm® pre-funds $2.5 million in disaster response grants

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Summary

State Farm pre-funded a total of $2 Million to American Red Cross, $250,000 to Convoy of Hope and $250,000 to Midwest Food Bank.

With August kicking off the top three most active months of the hurricane season (Aug-Oct) and ushering in an increased likelihood of devastating storms, State Farm has taken steps to pre-fund $2.5 Million in disaster response grants. State Farm pre-funded a total of $2 Million to American Red Cross, $250,000 to Convoy of Hope and $250,000 to Midwest Food Bank to help support these community non-profits and their immediate disaster response following a catastrophe.

“Mission Leaders like State Farm are vital to our work, helping drive innovation across our organization, providing capacity to respond immediately in times of crisis," said Cliff Holtz, president and CEO of the American Red Cross. “I am grateful for their support, which safeguards our ability to care for those in need when the unthinkable happens."

State Farm has a long history of providing grants to non-profits after disaster strikes a community. This new approach to pre-fund grants before disaster strikes aims to help provide streamlined and immediate support of disaster relief efforts. The goal of pre-funding is to support non-profit preparedness, relief and recovery efforts for communities and families impacted by disasters big and small – including hurricanes, floods, home fires and countless other crises – as efficiently and timely as possible. 

“Being a good neighbor is at the heart of the State Farm mission,” said Apsara Sorensen, State Farm Corporate Responsibility Assistant Vice President. “State Farm is committed to helping individuals and families manage the risks of everyday life and recover from the unexpected. We extend this commitment to the neighborhoods we serve by providing resources and collaborating with nonprofit organizations with a history of disaster response, providing immediate relief and vital necessities during times of need.”

"This proactive support ensures that Midwest Food Bank is ready to respond swiftly when natural disasters strike. Thanks to their commitment, we can bring hope and help to those in need, demonstrating the power of partnership in action," said Lisa Martin, CFO of Midwest Food Bank.

According to Ethan Forhetz, Convoy of Hope VP of Public Engagement, "This grant ensures that Convoy disaster response teams will stand ready to deliver hope to those whose lives have been turned upside down.” 

About State Farm®:

About State Farm:

For over 100 years, the mission of State Farm has been to help people manage the risks of everyday life, recover from the unexpected and realize their dreams. State Farm Mutual Automobile Insurance Company and its affiliates are the largest providers of auto and home insurance combined in the United States. Its more than 19,200 agent offices and over 62,000 employees serve over 96 million policies and accounts – including auto, fire, lifehealth, commercial policies and financial services accounts. Commercial auto insurance, along with coverage for rentersbusiness ownersboats and motorcycles, is also available. State Farm Mutual Automobile Insurance Company is the parent of the State Farm family of companies. State Farm is ranked No. 32 on the 2025 Fortune 500 list of largest companies. For more information, please visit http://www.statefarm.com

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