SAN JUAN, Puerto Rico--(EON: Enhanced Online News)--Surety One, Inc., announced a record year of charitable giving at its annual company Christmas reunion. At the beginning of 2016, by decision and directive of chief executive officer Constantin Poindexter Salcedo, company operating units located in Puerto Rico and the United States instituted a program to identify and qualify charitable foundations in most need of support that fit a specific class of causes. These "preferred cause" charities are medical research foundations that treat extremely debilitating and largely fatal childhood diseases, hunger and specific women's and men's diseases such as breast, ovarian/uterine and prostate cancers.
Surety One, Inc. and its sister companies collectively donated to thirty-eight charities in the United States, four in Puerto Rico and eight in the Dominican Republic. This donation activity represents a sixty percent increase over the prior fiscal year. Surety One, Inc.'s initial goal was an increase of thirty percent however due to the decision of Constantin Poindexter to match all charitable donations during the year with personal funds, the increase effectively doubled. Although Mr. Poindexter's individual matching contributions were personal in nature, he directed that all donations be made in the name of Surety One, Inc. and its team of dedicated professionals.
"One of the reasons that I created Surety One, Inc. and its sister enterprises was to generate revenue sufficient to allow the group to contribute in some meaningful and significant way. I am very blessed to be surrounded by smart, dedicated people that have helped build the companies into what I have envisioned. I have also benefitted financially in a personal way from the success of the surety group so I match dollar for dollar every donation that Surety One, Inc. makes." When asked about the choice of charitable foundations, Poindexter responds, "It was my decision to donate the majority of funds allocated for charity to foundations that research and treat deadly childhood ailments. Childhood cancers are largely white blood cell killers like leukemia, brain, bone and lymphatic system diseases. Those also happen to be the most painful and deadly so they are a special focus of mine. I pray that we will be able to defeat cancer in the near future. I'll do whatever I can to support that end."
Surety One, Inc., domiciled in San Juan, Puerto Rico, is a wholly owned subsidiary of Janus Assurance Re. The company markets and underwrites surety bonds directly and through insurance producers in the United States, Canada and Virgin Islands. Surety One, Inc. is one of the largest surety brokers operating in the North American market. For a list of the charities to which Surety One, Inc. donated during the 2016 fiscal year, visit www.SuretyOne.com.