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Stock impact report

Erie Insurance establishes $100 million charitable foundation [Yahoo! Finance]

Erie Indemnity Company - Class A (ERIE) 
Last erie indemnity company - class a earnings: 10/24 04:15 pm Check Earnings Report
US:NASDAQ Investor Relations: erieinsurance.com/investor
Company Research Source: Yahoo! Finance
ERIE, Pa. May 1, 2025 /PRNewswire/ -- Erie Insurance ERIE ) today announced the creation of the Erie Insurance Foundation, a private charitable foundation that will create long-term sustainability for charitable contributions and grantmaking. To launch the initiative and seed the foundation's endowment, Erie Indemnity Company, the management company for Erie Insurance, is donating $100 million Consolidating many of the company's charitable giving funds and activities previously coordinated by the Erie Giving Network under this separate 501(c)(3) foundation will enable the foundation's board of directors and officers to direct the entity's investment decisions, charitable strategy and grant funding. The $100 million seed gift from Erie Indemnity will build a charitable legacy for years to come as the initial gift can be invested and grow. Establishing the Erie Insurance Foundation is part of the company's 100th anniversary celebration in 2025, during which ERIE and its employees a Show less Read more
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