In 2005, Cherry Insurance marked its 60th year of business and SGI CANADA celebrated its 60th year as a corporation. The two have worked together since 1945 providing a wide variety of insurance products to customers, including home, auto, life, and commercial insurance.
Over the past several years, Scott Cherry, third generation owner of Cherry Insurance, has become increasingly involved in Saskatoon’s charitable sector. The company has financially supported many charities, including the Salvation Army, United Way, Everybody’s Playground, and Heart & Stroke Foundation. Through his involvement with Saskatoon Community Foundation, Scott has become more conscious of the needs of the city.
“I have seen what the Saskatoon Community Foundation has already done for this community and I am convinced it can do even more. By investing donations in endowments in perpetuity, the foundation is able to make a lasting difference.” He adds, “And my donations make a lasting difference, too.”
The creation of the Cherry lnsurance/SGI CANADA 60th Anniversary Fund came about as a result of discussions between Scott and SGI CANADA. The two decided their mutual anniversary celebrations would take a different turn than the usual customer reception. Their celebration would be in the form of an endowment that would help Saskatoon’s charitable sector, thus the Cherry lnsurance/SGI CANADA 60th Anniversary Fund was established.