How we give back
Giving is ingrained in our culture
Ways we give
Helping injured workers get their lives back is central to what we do, but it’s not the only way we serve the community. At SFM, it’s important to us that we support nonprofit organizations and causes that enrich the lives of people in our surrounding communities and where our policyholders do business.
Minnesota Keystone Program
SFM Foundation
Bob Lund Scholarship
Volunteer opportunities
Charitable giving program
An important way we make an impact in the community is by supporting nonprofit organizations through our charitable giving program. Donations can be direct gifts from SFM or through matching funds.
Minnesota Keystone Program
In 2024, SFM became a member of the Minnesota Keystone Program, which promotes corporate philanthropy by recognizing and honoring companies that donate at least 2% of their pre-tax earnings to charitable organizations.
SFM Foundation
A unique way SFM gives back is through the SFM Foundation, a nonprofit SFM created to ease the financial burden on families affected by workplace accidents. The foundation provides post-secondary education scholarships to children whose parents were injured while working for Minnesota or Iowa employers.
The SFM Foundation is an affiliate of the national nonprofit organization, Kids’ Chance of America.
Stats about the SFM Foundation
$5.25 million has been committed to support 284 scholarships since the Foundation’s 2008 inception
Each student can receive up to $15,000 per year
All funds raised go directly to scholarships
Fundraising and event planning is handled 100% by our employees and donated by SFM
Scholarships involve workers’ comp claims handled by more than 60 different insurers
One scholarship each year is funded entirely by our employees
Bob Lund Scholarship
SFM created the Bob Lund Scholarship in 2022 to invest in future leaders and introduce them to rewarding careers in the insurance industry. The scholarship is named for SFM’s former CEO, who is known for his service to the insurance field and his continuing passion for making the world a better place.
SFM partners with Minnesota-based nonprofit Wallin Education Partners to name a new scholar each year, with the goal of providing scholarships for four students at a time. Wallin focuses on helping students from historically underserved communities and eliminating barriers for groups that are underrepresented in business leadership roles by connecting them with the resources to succeed in college and beyond.
Employee volunteer opportunities
Charitable committee
Our charitable giving committee plans events and fundraisers to benefit local charities. Employees have helped build homes, done yardwork, packed food, made blankets, organized donation drives and more to help those in need.
Floating day off
SFM offers one paid floating holiday each year for employees to volunteer at the charity of their choice.
Volunteer day
Each year we host a companywide day to gather together and volunteer in the community in a variety of ways.
