Hiscox has pledged $2 million to support small businesses now, when it is most needed. The support is made through the Hiscox Foundation USA, a non-profit corporation which supports social and humanitarian initiatives, and will go to established organizations that are providing support to businesses in the wake of COVID-19.
Hiscox is providing $1,000,000 of funding to business organizations across the US, including:
In addition to the donations to business organizations and Kiva USA, Hiscox is setting aside $500,000 for programs that will inspire its employees to get involved with charitable efforts in their local communities.
The Hiscox Foundation USA is an Illinois not-for-profit corporation that is a Section 501(c)(3) charitable organization under the Internal Revenue Code. Hiscox Foundation USA supports a range of social and humanitarian initiatives that are funded by an annual donation from Hiscox USA. The Foundation focuses on supporting unaffiliated charities, such as those identified above, that aid and improve education, science, advancement of the arts and culture, children’s rights and that provide services to disadvantaged and vulnerable members of society.