Pinnacol Assurance Logo
  Chairman’s  Message


Photo1

Don Collins
Chairman and President,
The Pinnacol Foundation Board of Directors
Vice President of Underwriting and Marketing, Pinnacol Assurance

In 2009, The Pinnacol Foundation surpassed the $1 million mark in scholarship distributions. It’s humbling to see how far a dream and some seed money have come in nine years.

Back in 2000, Pinnacol Assurance employees identified a cause we could believe in. We knew that injured workers face a tough future, even with supportive employers and the best medical care. Serious injuries can turn breadwinners into dependents and spouses into caregivers. An injury can also shatter the college dreams of an injured worker’s child. 

So with $50,000 in seed money from Pinnacol Assurance, the Pinnacol Foundation was born in 2001. It provides college scholarships to the children of Colorado workers killed or seriously disabled in work-related accidents – regardless of which insurance carrier handled the claim.

Each year, mainly via word of mouth, the number of applicants grows – as does the need for scholarship money. Thankfully, our donors have never let us down. Their contributions keep pace with the growing demand for scholarship money. In 2009 we awarded 86 scholarships, a wonderful increase from the four granted our first year.

Pinnacol Assurance provides administration and event coordination for the Pinnacol Foundation, but funds are donated by:

  • Independent insurance agents
  • Workers’ compensation attorneys
  • Medical providers
  • Financial services companies
  • Pinnacol’s own employees

We are deeply grateful to our partners for their financial support and belief in our cause. Yet support for The Pinnacol Foundation has never been more critical. In the best of times, college plans are tentative for the children of injured workers. In today’s economy, those plans are seriously at risk.

Don Collins

Don Collins
Chairman and President, Pinnacol Board of Directors
Vice President of Underwriting and Marketing, Pinnacol Assurance

 

Pinnacol Assurance 2009 Community Involvement Report; ® 2010