Pinnacol Assurance contributes nearly $3.6 million

Edie Sonn

Pinnacol Assurance contributed a total of nearly $3.6 million to businesses, organizations and individuals in Colorado during 2020, the workers’ compensation insurer announced.

“Now more than ever, Pinnacol is focused on providing caring protection for Colorado both as an insurer and through our community support programming,” said Edie Sonn, vice president of communications and public affairs. “We’re proud we could support Colorado during this very difficult year, and we’ll be here for the long haul to rebuild our communities, support workers and bolster Colorado’s economy.”

Pinnacol Assurance donated $2.5 million to funds that supported small businesses and communities affected by the coronavirus pandemic, including $75,000 to the Grand Junction COVID-19 Responders Loan Fund.

Pinnacol gave another $465,150 to programs promoting employee health and safety, economic vitality and work force development.

The Pinnacol Foundation awarded a total of $452,820 in college scholarships to 95 students across Colorado for the 2020-2021 academic year. The program provides scholarships to students whose parents have been killed or injured in work-related accidents.

Pinnacol matched $157,415 in money donated by employees to nonprofits for a total contribution of $306,250.