04/24/2024 | Press release | Distributed by Public on 04/24/2024 10:36
TRAVERSE CITY, Mich., April 24, 2024 /PRNewswire/ - As part of its ongoing commitment to drive positive impact in the Grand Traverse region, Hagerty, Inc. (NYSE: HGTY), an automotive enthusiast brand and leading specialty vehicle insurance provider, today announced more than $28,000 in local corporate giving grants and more than 1,000 volunteer hours during the first quarter of 2024.
The grants are awarded four times a year to organizations and nonprofits that support environmental stewardship, economic development and community resilience, including crisis relief. Hagerty, which is based in Traverse City, has provided more than $5.5 million in support to local organizations to date.
Local organizations receiving grants for the first quarter of 2024 include:
In addition to the grants, more than 100 Hagerty employees volunteered 1,094 service hours in the first three months of 2024 through the Hagerty CARes program, providing an additional economic impact of $34,789. These volunteers supported 44 different causes and organizations, including Safe Harbor and the Father Fred Foundation.
This year, in honor of Hagerty's 40th anniversary and its longstanding commitment to community support, Hagerty launched a "40 for 40 Volunteer Challenge." The first 40 team members who volunteer 40 hours will be given a $500 donation to the nonprofit of their choice.
About Hagerty (NYSE: HGTY)
Hagerty is an automotive enthusiast brand committed to saving driving and fueling car culture for future generations. The company is a leading provider of specialty vehicle insurance, expert car valuation data and insights, live and digital car auction services, immersive events and automotive entertainment custom made for the 67 million Americans who self-describe as car enthusiasts. Hagerty also operates in Canada and the U.K. and is home to Hagerty Drivers Club, a community of over 800,000 who can't get enough of cars. For more information, please visit www.hagerty.comor connect with us on Facebook, Instagram, Twitterand LinkedIn.