For Immediate Release
January 16, 2024
Media Contact: Thomas Thamm
802.229.8975
[email protected]
Vermont Mutual Donates $14,300 to King Street Center
BURLINGTON, Vermont (January 16, 2024)— Vermont Mutual Insurance Group® donated $14,300 to King Street Center as part of the Cats Win, Community Wins program, a multi-year, community-based, collaboration between Vermont Mutual Insurance Group and the University of Vermont. Since the program’s debut in 2017, Vermont Mutual has donated more than $94,000 to local non-profits through the Cats Win, Community Wins initiative. This brings the total number of donations to more than $4.4 million dollars since the establishment of the Vermont Mutual Charitable Giving Fund in 2014.
The Cats Win, Community Wins initiative was created by UVM Athletics and Vermont Mutual as a way to give back to local charitable organizations. As part of the yearly program, for every win by a Catamount athletic team, Vermont Mutual will donate $100 to a designated charity. The recipient for 2023 was King Street Center of Burlington, VT. Since 1971, King Street Center has provided a safe and enriching space for youth during critical afterschool hours. King Street Center empowers youth to explore their talents and find their voice through learning, play, and opportunity.
Over the course of 2023 UVM athletics achieved 143 wins across all sports, which equates to a $14,300 donation to King Street Center. The check presentation was made at the January 11th UVM Men’s Basketball game against UMBC held at the Patrick Gymnasium. On hand to present the check to King Street Center’s Executive Director, Shabnam Nolan, were Vermont Mutual President and CEO, Dan Bridge, and Executive Vice President & COO, Mark McDonnell.
Dan Bridge noted, “King Street Center is an important resource for Burlington families and Vermont Mutual is proud to support their efforts through the Cats Win, Community Wins program.” Bridge added “We also want to congratulate all of the student athletes at UVM for their achievements that helped make this donation possible.”
King Street Center Executive Director, Shabnam Nolan, remarked “We are grateful for the Cats Win, Community Winsprogram and wish to thank Vermont Mutual and UVM Athletics for the support they have shown. A majority of our funding comes directly from community efforts such as this, and this gift will go a long way in supporting Burlington’s youth.”
Also announced at the January 11th game was the Cats Win, Community Wins beneficiary for 2024, Vermont Children’s Trust Foundation, a non-profit organization promoting the well-being of children and families in Vermont through community-based prevention programs.
Vermont Mutual Insurance Group® is a trade name of Vermont Mutual Insurance Company, Northern Security Insurance Company, Inc. and Granite Mutual Insurance Company. Chartered in 1828, Vermont Mutual is one of the ten oldest mutual property/casualty insurers in the United States and provides coverage throughout New England and upstate New York. Through more than 600 independent agencies, the Group insures over 320,000 policyholders, with a direct written premium of more than $575,000,000. The group is rated “A+ Superior” by A. M. Best and a Ward’s Top 50 performing property/casualty insurer in the U.S. for the past 15 consecutive years. For more information, please visit: VermontMutual.com
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