Foundation Grants

State Farm Companies Foundation was established in 1963 as an independent private foundation. The Foundation is primarily committed to education, helping to raise the level of student achievement in our elementary and secondary schools, as well as supporting key higher education initiatives.

The Foundation is a separate nonprofit organization funded by the State Farm Mutual Company. The Foundation provides funding for our Education Excellence (education) initiatives that are national in scope:

• Service-Learning
• Systemic Improvement
• Teacher Excellence

The Foundation supports higher education initiatives through scholarships and the Matching Gift Program.

Scholarships Programs

Because the State Farm Companies Foundation contributes to national, established scholarship programs, it does not provide scholarships directly to individuals.

The Foundation provides funding to scholarship programs that are administered by the American Indian College Fund, the Hispanic Scholarship Fund, and the National Merit Scholarship Corporation. An independent committee of scholars administers the Doctoral Dissertation program.

• American Indian College Fund
• Hispanic Scholarship Fund
• National Merit Scholarship Corporation
• Doctoral Dissertation

Note: State Farm Companies Foundation is not involved in the selection process for scholarships. Independent agencies or a committee of college educators selects all scholarship winners. State Farm Companies Foundation reserves the right to discontinue or change these programs at any time.

Other Foundation Programs

Matching Gift Program

The State Farm Companies Foundation Matching Gift Program encourages State Farm® associates to support higher education. The Foundation matches limited individual charitable contributions made by State Farm eligible associates, agents and retirees to eligible colleges and universities.

Good Neighbor Grant™ Program

Through the Good Neighbor Grant Program, the State Farm Companies Foundation awards a $500 grant on behalf of each eligible State Farm associate, agent or retiree who volunteers a minimum of 40 hours a year to an eligible nonprofit organization.

State Farm Companies Foundation Scholarship

In addition to the other five Foundation scholarship programs the Foundation recognizes academically talented legal dependents of eligible State Farm associates, agents and retirees One hundred State Farm Companies Foundation Scholarships are awarded every year. The award can range from $3,000 to a maximum of $8,000 per year for up to four years of college undergraduate study. The amount of the award takes into account educational costs of the college to be attended, family financial circumstances, and other scholarship aid the winner receives.

All phases of the competition, including the selection of winners and payment of scholarship stipends are handled for State Farm Companies Foundation by National Merit Scholarship Corporation.

Questions?

Please contact us if you have questions.