In 2019, the Pinnacol Foundation awarded $474,890 in scholarships to 100 students. The foundation's mission is to ensure that children of Colorado workers killed or seriously injured on the job have the opportunity to pursue their educational goals – whether that's a bachelor's degree in aeronautical engineering or a certificate in welding. Since the foundation's inception in 2000, we've awarded nearly $5.5 million in scholarships to more than 550 students.
Serving others is what we do – in our work and in our lives. In 2019, 68% of Pinnacol employees took time to volunteer. Collectively, we volunteered 4,738 hours through our employee-led volunteer program, Pinnacol in Action.
Last year, Pinnacol employees donated $161,882 to local nonprofit organizations through our employee giving campaign. Pinnacol matched employee contributions for a total gift of $312,124, our highest ever.
Read more about our impact
We awarded $534,723 in grants to programs dedicated to protecting the health and safety of Colorado employees, helping injured workers get back to work, and promoting a robust business climate and a skilled workforce statewide.
Learn more about our grantmaking
Last year, we lowered our rates by an average of 10% and delivered $70 million in general dividends to put more money back into Colorado businesses.
More on our general dividend