The National Life Insurance Company has made a significant contribution towards aiding Vermont in the aftermath of the recent devastating floods. In July, the company launched a fundraiser to provide assistance to people from the US state. According to the latest information, the sum that has been gathered surpasses $1.5 million, making this initiative the most successful charitable event in Vermont. Below, we’ll provide further information about the Do Good Fest.
Flooding in Vermont
On July 9th, Vermont experienced a devastating river flooding triggered by heavy rains. The central parts of the state were most affected by the natural disaster, and a myriad of people were left without a home and work. Surrounding areas were heavily affected, as well. In response to the dire situation, many fundraisers were initiated to support residents of the US state. However, among these initiatives, the Do Good Fest organized by the National Life Group stood out as the most impactful one.
The Do Good Fest
The Do Good Fest is one of the most anticipated annual events that take place in the heart of Vermont. The concert was to be held in the National Life Insurance Company’s backyard, but unfortunately, plans were derailed due to the disastrous flooding in the state. Despite the unfortunate events, the organization decided to do what it does best – to help people.
It’s not surprising that the company’s motto is “Believe in tomorrow; do good today.” That’s exactly what the team members did. Instead of fully postponing the event, they decided to make something better. The Do Good Fest became a live-streamed indoor acoustic spectacle. Not only this, but it evolved into a fundraiser, giving every viewer from around the world an opportunity to contribute to residents from Vermont who have suffered from the flood.
Donations started flowing in no time, and the initial sum that was gathered was the striking $500,000. Nonetheless, this was only the beginning. After a while, the sum reached $750,000, and according to the latest data, the total sum of the donations surpassed $1.5 million. Based on our research, this is certainly one of the most successful charity events to have ever taken place in Vermont.
Mehran Assadi, who is the CEO of the National Life Company, has announced that the donation of $500,00 will be immediately sent to local relief agencies. The rest of the money will be given to the VT Flood Response and Recovery Fund 2023. The total donations for Vermont in the first week after the flooding have exceeded $2.5 million.
More Information about the National Life Group
The National Life Insurance Company was founded in 1848 in Montpelier, Vermont. At present, this is one of the most successful financial companies in the US, which offers investment products, life insurance, etc. However, apart from these services, the National Life is also renowned for being one of the most influential charity organizations in Vermont. Here’s a list of their most popular programs and events:
- Do Good Fest
- LifeChanger of the Year
- End Childhood Hunger #DoGoodFeedKids
- National Coalition of Safe Schools
As we mentioned earlier, the Do Good Fest is a highly anticipated beneficial yearly event. All money gathered at the performances is donated to a different cause. Another very influential initiative is the #DoGoodFeedKids. The latter was founded in 2017 with the main endeavor to stop child hunger not only in Vermont but all around the world, as well. Donations through the National Life Group Foundation include meal programs for children up to 18 years of age, as well as the Do Good Cupboard’s construction in Montpelier.
Other Organizations That Have Donated to Vermont
The list of organizations that have contributed to the fundraising for Vermont is quite long. The Vermont Community Foundation has delivered up-to-date information about the contributors, and has announced that the total sum of donations is over $2.5 million. You can learn more about the donators in the following list:
- Barre Partnership – $10,000
- Black River Good Neighbor – $5,000
- BROC – Community Action in Southwestern Vermont – $10,000
- Champlain Valley Office of Economic Opportunity – $10,000
- Main Street Flood Recovery Fund – $25,000
- Montpelier Strong Recovery Fund – $50,000
- Northeast Kingdom Organizing – $10,000