Giving Vehicles: Corporate
giving program, private
foundation
Giving Interests: Helping people in povertyKenneth R. Larson has managed his family-run company, Slumberland,
Inc., using a four-point mission statement, only the last of which
mentions anything about profits. It’s a strategy that has clearly
been profitable: Slumberland has grown from a single small storefront
in South Minneapolis to a major retailing chain of more than 66 home
furniture and mattress stores in seven Upper Midwest states.
Slumberland’s mission stresses the importance of working with
"honesty and integrity," treating each other with
"love, dignity and respect" and being "good community
citizens." Larson stresses the fact that these aren’t mere
words on a piece of paper. "We take our company culture very
seriously," he says.
Larson practices the company’s third principle — being a good
community citizen — by giving a double-digit percent of
Slumberland’s earnings back to the community each year through the
company’s giving program and his family-run private foundation.
"I see that as an important part of being a responsible member of
the community," he says.
Larson also instills this community commitment in his company’s
giving program. Along with sponsoring various charitable events, the
company operates a "Home for the Holidays" program, begun in
1995, that has become a company tradition. Through the program, the
company donates mattress and box spring sets to people with no beds.
The company has donated more than 1,000 beds to those in need in its
seven-state service region, including about 350 beds in the Twin
Cities.
Slumberland runs its "Home for the Holidays" program in
partnership with nonprofit organizations in each of its service
regions. The nonprofits identify people in need of a bed, and help
distribute the beds. In the Twin Cities, the company works with five
nonprofits, including two women’s shelters.
Each year on a Saturday between Thanksgiving and Christmas,
Slumberland employees set up one of the company’s warehouses as the
program’s distribution center, where charities come to pick up
mattresses, box springs and frames and deliver them to needy
recipients. Many Slumberland employees get involved in the day, doing
everything from loading up the beds to serving hot chocolate and
chili.
Larson has delivered some of the beds himself over the years. He
tells about one delivery where the person had been sleeping on a
balled-up blanket, and another where six children in a family were
sleeping on the floor. "If you don’t have a bed, you don’t
perform well during your daily activities," Larson says.
"This is where we can help. This is what we can do best."
Larson believes there’s a great deal of synergy that can occur
when a company gives in ways that are related to its business.
"It’s one thing to write a check, but there is something unique
about giving in ways that match your company’s business," he
says.
For one thing, Larson points out that Slumberland employees are
"absolutely ecstatic" about the company’s Home for the
Holidays program. "They’ve come up and told me how much it
means to them. That’s one of the things that happens with giving: it
becomes infectious."