Hagerty Inc.

04/24/2024 | Press release | Distributed by Public on 04/24/2024 10:36

Hagerty Grants and Volunteers Are Helping Local Organizations and Nonprofits Serve the Community

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:

  • Michael's Placein Traverse City, which serves the bereavement needs of the community by providing support and advocacy for children and adults grieving a death and delivering bereavement education and bereavement crisis preparedness to schools and workplace. The grant will provide programming support, including recruiting, training, and providing continuing education for staff and hundreds of volunteers.
  • Northwest Food Coalition, a Traverse City coalition of roughly 70 food pantries, baby pantries and meal sites in the 5-county Grand Traverse area that work together to provide healthy, nutritious food for people in need. The grant will support an Empty Bowls fundraiser for the Farm2Neighbor Fund, which purchases locally grown produce for distribution at pantries and meal sites.
  • Traverse Area Recreation and Transportation(TART), a trail network that enriches people and communities throughout the Grand Traverse region. The grant will help fund the annual Tour de Tart family friendly bicycle ride.
  • Green Elk Rapids, which raises awareness of environmental issues through collaboration with schools, village government, local business and community organizations. The grant will support Nature Fest 2024, an annual event that connects community members with leaders from 50 regional environmental organizations.
  • BGOLDN, an organization in Golden, Colorado where Hagerty has an office, partners with local schools to meet children's immediate nutritional needs and provides low-income families with a stable source of fresh food. The grant will help scale a mobile "Farmer's Market on Wheels" that will serve residents within a concentrated area who are experiencing food scarcity.

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.