Federated Insurance of Owatonna Raises Record Amount for Local Charity
Federated Insurance, headquartered in Owatonna, proudly announces a record-breaking total in the Federated Challenge to raise money for Big Brothers Big Sisters of Minnesota. The event on July 25 event raised more $3-million for the mentoring organization. A news release states, "During this sweet reunion, a record 67 prominent businesses and more than 500 generous people attended the gala to support youth mentoring in Minnesota and throughout America."
Federated Insurance Chairman Jeff Fetters said, "Last year was tough, but we delivered in a big way. It was amazing to see everyone together, in person, rallying together for our nation's youth. It was truly moving. Each and every donor and business showed their drive, personal commitment, and heart."
The accompanying picture features Big Brothers Big Sisters of Southern Minnesota Executive Director Michelle Redman, Big Brothers Big Sisters of Central Minnesota Executive Director Jackie Johnson, Big Brothers Big Sisters Twin Cities CEO Patrick Sukhum, Big Brothers Big Sisters of America President and CEO Artis Stevens, and Federated Challenge Co-Chairs Marty and Jeff Fetters proudly display a check for $3,316,000 raised during the 2021 Federated Challenge.
All the money raised ($3,316,000) will go to Minnesota's three Big Brothers Big Sisters organizations as well as Big Brothers Big Sisters of America. A portion is "earmarked for the Federated Challenge Scholarship Program which provides up to $5,000 per year to qualified Littles or high school Bigs enrolled in a non-four-year program focusing on apprenticeship, certificate, trade school, technical, or community college," according to the news release.
Fetters added, "This year's theme, Stand by Me, was fitting. You could feel the energy in the room-everyone standing side by side, all in support of an organization that changes lives by creating strong bonds and long-lasting friendships."
In its 17th year, the Federated Challenge has raised over $44-million in support of mentoring programs.