Pinnacol Assurance Donates $1.825M to COVID-19 Funds to Help Colorado Businesses and Workers
Denver, CO (WorkersCompensation.com) - Pinnacol Assurance, Colorado's largest workers' compensation insurer, donated nearly $2 million to an array of funds that support businesses and workers in Colorado impacted by the COVID-19 pandemic. Through its philanthropic giving program, Pinnacol donated the following amounts to the following funds:
$1 million to the Help Colorado Now fund. Hosted by the State of Colorado and Mile High United Way, funds provide flexible resources to organizations in Colorado working with communities who are disproportionately impacted by the outbreak. The Colorado Health Foundation has generously matched Pinnacol's gift to enable a total donation of $2 million.
$250,000 to the Denver Small Business Relief Fund. Created by Denver Mayor Michael B. Hancock, Denver Economic Development and Opportunity (DEDO), and Downtown Denver Partnership, the fund provides relief to businesses that may have had to temporarily close, are struggling with paying rent and utilities, or have had to lay off staff.