Spencer Receives $50K Gift From New York City Association of Insurance Women (NYCAIW)
Spencer has received a $50,000 gift from the New York City Association of Insurance Women (NYCAIW), an independent organization based in New York City that focuses on the insurance industry. This gift will be donated to Spencer in increments of $12,500 per year for the next four years. The first installment was remitted in November 2019.
This contribution will create two new NYCAIW named scholarships awarded each year for the next four years to two female applicants. The NYCAIW scholarship continues the trend of Spencer’s vast support for women in the industry, as well as the encouragement for women to join the risk management and insurance sector.
“At Spencer, we are committed to supporting diversity and inclusion in our industry,” said Spencer Executive Director Megan Miller. “By fostering a diverse talent pipeline right from the start, we help ensure a broad pool of entrants into the industry who bring a wonderful blend of perspectives and backgrounds to solve our biggest challenges.”
To date, Spencer has awarded over 1,100 scholarships totaling more than $7.35 million, and contributed another $4.1 million in grant funding to universities and professional institutions resulting in the talent development of over 50,000 students. In 2019 alone, 37 out of 75 Spencer scholarship recipients were women.
About Spencer Educational Foundation
Established in 1979, the Spencer Educational Foundation funds the education of tomorrow’s risk management and insurance leaders by awarding scholarships, facilitating internship opportunities, providing Risk Manager in Residence programs to universities, and awarding grants to help promote the industry to the next generation. For more information, visit www.spencered.org.
About New York City Association of Insurance Women (NYCAIW)
NYCAIW is an independent organization based in New York City that focuses on the insurance industry. NYCAIW is a non-profit association of insurance professionals made up of women and men dedicated to the development of leaders in the insurance industry through education, networking, charity and industry alliance. NYCAIW members represent all facets of the insurance industry including agents, brokers, claims associates, attorneys, consultants and anyone involved in the industry.