ST. CLOUD, MN (October 22, 2019) –
The Federated Challenge, headed by Federated Insurance, has a long-standing relationship with Big Brothers Big Sisters. They have demonstrated their deep commitment and corporate social responsibility by partnering with Big Brothers Big Sisters in carrying out their mission of creating and supporting one-to-one mentoring relationships that ignite the power and promise of youth.
The Federated Challenge, founded in 2004, is an annual two-day fund-raising event hosted by Federated Insurance, a commercial insurance company headquartered in Owatonna, Minnesota. Now in its fifteenth year, this event has raised nearly $38 million for youth mentoring programs. The event’s expenses are covered by Federated Insurance. One hundred percent of the money raised each year is donated to the three Minnesota Big Brothers Big Sisters agencies and Big Brothers Big Sisters of America.
“The Federated Challenge continues to garner an exceptional amount of funds, which directly supports young people facing adversity,” Federated Challenge Co-Chair and Chief Executive Officer of Federated Insurance Jeff Fetters said. “Numerous children have a brighter future thanks to the leadership and generosity of our corporate sponsors. We are proud to join these valued organizations in support of youth mentoring through Big Brothers Big Sisters.”
On the morning of October 22, Julie Rethemeier, Vice President, Director of Public Affairs and Advertising for Federated Insurance, presented Big Brothers Big Sisters of Central Minnesota with a check for $425,000. The support came in the form of two investments; $400,000 to support the general operations of the mentoring program and $25,000 to be used for participant scholarships.
The Federated Challenge Scholarship program provides up to $5,000 per year to qualified Littles and high school-aged Bigs enrolled in a non-four-year program at a trade or technical school or community college that focuses on career-ready skills training. This past spring, Big Brothers Big Sisters of Central Minnesota awarded 11 youth with a total of $39,500 in scholarships.
Julie Rethemeier shared a powerful visual to express the urgency and importance of reaching children in need. She described a recent community occurrence in which a young boy, playing with his dog, went missing and, through the power of community, was located in a cornfield. She stated that there are still youth “lost in their circumstances” that need our help to find their way, to ignite their potential.
“We cannot thank Jeff and Marty Fetters, Co-Chairs of the Federated Challenge, Federated Insurance, and all those who support the event, enough. We are profoundly grateful to be able to carry out the passion of our donors and the efforts of our volunteers, which are invested in the hopes and dreams of our Littles and their families. The trust of our partners and participants is what makes Big Brothers Big Sisters the number one mentoring agency in the country. They are partners in believing that a caring adult shifts the life of a child and changes the trajectory of future generations.” noted Jackie Johnson, Executive Director of Big Brothers Big Sisters of Central Minnesota.
To learn more about Big Brothers Big Sisters of Central Minnesota, visit BigDefenders.org. To get involved in the Federated Challenge, visit FederatedChallenge.org.