Erie Insurance announced the creation of the Erie Insurance Foundation, a private charitable foundation that will create long-term sustainability for charitable contributions and grantmaking. To launch the initiative and seed the foundation’s endowment, Erie Indemnity Company, the management company for Erie Insurance, is donating $100 million.
Consolidating many of the company’s charitable giving funds and activities previously coordinated by the Erie Giving Network under this separate 501(c)(3) foundation will enable the foundation’s board of directors and officers to direct the entity’s investment decisions, charitable strategy and grant funding. The $100 million seed gift from Erie Indemnity will build a charitable
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