Erie Indemnity seeds $100M charitable foundation for long-term grantmaking

ERIE INDEMNITY CO

Erie Indemnity is donating $100 million to seed the Erie Insurance Foundation, a new private 501(c)(3) foundation.
Foundation consolidates existing charitable activities under a dedicated board; Christy Blashock named president.
Seed gift will be invested to ensure sustainability; initiative part of 100th anniversary with '100 Days of Service'.
ERIE expects the foundation to direct its own charitable strategy and grant funding going forward.

item 8.01 item 9.01

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