STOCK TITAN

Schneider provides major support to communities in 2020

Rhea-AI Impact
(Low)
Rhea-AI Sentiment
(Neutral)
Tags
Rhea-AI Summary

Schneider (NYSE: SNDR) announced its Schneider Foundation donated over $2 million to more than 400 organizations in 2020, including urgent relief efforts for the pandemic. The foundation launched a Diversity, Equality and Inclusion Program, granting over $75,000 to 11 nonprofits. Key initiatives included in-kind donations worth $42,000, a $230,641 fundraiser for United Way, and significant support for local pandemic relief organizations. Schneider emphasizes its commitment to community support and will continue its efforts into 2021.

Positive
  • Donated over $2 million to more than 400 organizations.
  • Launched Diversity, Equality and Inclusion Program with $75,000 in grants.
  • Generated $230,641 for United Way through virtual events.
Negative
  • None.

Schneider Foundation donated more than $2 million, including urgent pandemic relief efforts

Green Bay, Feb. 26, 2021 (GLOBE NEWSWIRE) -- Schneider (NYSE: SNDR), a premier provider of trucking, intermodal and logistics services, has long supported nonprofits through financial contributions, in-kind delivery donations and associate volunteerism. That support continued in 2020 with the Schneider Foundation donating more than $2 million in grants to more than 400 organizations across North America.

In 2020, Schneider launched new initiatives to support organizations committed to create change. The foundation proudly provided its inaugural Diversity, Equality and Inclusion Program grants to 11 nonprofit organizations across North America, totaling more than $75,000. The grantees were nominated mostly by Schneider associates and will help organizations inspire dialogue and take concrete actions for change.

“Guided by our core values, which include respect for all, we strive to be a positive force in the areas we work and live,” said LuEllen Oskey, director of the Schneider Foundation. “Schneider has a history of giving back, and after the struggles of this past year, we recognize that our financial contributions make an impactful difference in our local and regional communities.”

The foundation assists communities through its initiatives representing many worthy causes, including:

  • In-Kind Donations: Schneider transports shipments for nonprofits in need of assistance; 25 in-kind loads totaled approximately $42,000 in 2020.
  • Pay It Forward: The Schneider Foundation randomly selects 100 associates who in turn select a charity of their choice to receive a $100 donation.
  • Dollars For Doers: Associates who volunteer 50 hours in their community receive a $250 donation to support the nonprofit organization of their choice, totaling $10,500 this past year.
  • Giving Orange: Schneider associates donate funds to help fellow associates in a time of need. In 2020, 13 associates received a total of $7,800 in assistance from the fund.
  • United Way: Schneider is a long-time supporter and top corporate donor of United Way. The support campaign went virtual this year, with electronic bingo and an online auction; the enterprise exceeded its initial donation goal, raising $230,641.

With COVID-19 creating unique and unprecedented hardships across the country, the Schneider Foundation redirected some of the foundation’s annual budget to support pandemic relief efforts, such as: 

  • The Brown County United Way received $40,000 for pandemic relief. 
  • HSHS St. Vincent/St. Mary’s Foundation received $10,000 for personal protection equipment.
  • Operation Community Cares (OCC) – organized through Paul’s Pantry – received $10,000 to provide home delivery services of food/hygiene products.
  • Feeding America received $10,000 to purchase bulk supplies distributed to individual local food pantries.
  • Donations of $30,000 to the Greater Green Bay Back to Business Grants and $2,500 to the De Pere Chamber for small business relief grants.

“As our communities continue to work towards recovery, we will continue to leverage the Schneider Foundation and support the important work of nonprofits across the country,” said Mark Rourke, Schneider president and CEO. “Despite the disruptions to everyday life, our incredible associates dedicated over 5,000 hours of time to volunteering in their local communities.”

 As we begin a new year, facing similar challenges, Schneider and its associates will continue to support communities and seek out opportunities to donate, volunteer and make a difference in 2021.

Learn more about the Schneider Foundation.

 

Attachment


FAQ

What was Schneider's total donation amount in 2020?

Schneider donated over $2 million to various organizations in 2020.

How many organizations did Schneider support with its donations?

Schneider supported more than 400 organizations across North America.

What pandemic relief efforts did Schneider contribute to?

Schneider Foundation contributed to multiple pandemic relief efforts, including $40,000 to Brown County United Way.

What new initiative did Schneider launch in 2020?

Schneider launched its Diversity, Equality and Inclusion Program, granting over $75,000 to 11 nonprofits.

How much did Schneider raise for United Way?

Schneider raised $230,641 for United Way through a virtual fundraising campaign.

Schneider National, Inc.

NYSE:SNDR

SNDR Rankings

SNDR Latest News

SNDR Stock Data

5.13B
41.75M
49.7%
68.98%
2.39%
Trucking
Trucking (no Local)
Link
United States of America
GREEN BAY