(Source: MARKETWIRE)
OneWest Foundation has made a three-year commitment of $100,000
annually to the Juvenile Impact Program (JIP) in the LAPD's Central
and 77th Areas. JIP is a police program that works with at-risk
youth between the ages of 9 and 15, immersing them in a boot camp
style program that helps them resist gangs while improving their
school attendance and performance, their relationships with their
families and their self-respect. A unique feature of the program is
that the parents must also participate in parenting classes.
In announcing the grant, Steven T. Mnuchin, Chairman of OneWest Bank
and the OneWest Foundation, said, "OneWest is proud to be a partner of
the Los Angeles Police Foundation and to be sponsoring a program so
vital to the health of the communities we serve."
Los Angeles Police Chief Charlie Beck remarked: "LAPD youth programs
are an investment in our future. I am grateful to OneWest Bank for
their investment in the Juvenile Impact Program. Their three-year
gift of $300,000 will improve the lives of children and their
families in two particularly underserved areas of our city."
Police Foundation Board Chair Cindy Miscikowski stated: "We are
grateful for the support of OneWest. Getting youth and their families
on the right track is crucial to the safety and health of our city.
OneWest is providing essential assistance."
OneWest Foundation is a nonprofit public benefit corporation
established in 2009 with a $10 million contribution from OneWest
Bank, FSB. OneWest Foundation priorities include the provision of
affordable housing, healthcare, education, and financial literacy, as
well as other important community development efforts that develop,
stabilize or rehabilitate underserved communities. OneWest Bank, FSB
is a regional bank focused on delivering personalized,
relationship-based banking to its customers. The bank has 72 retail
branches in Southern California with approximately $11 billion in
deposits and total assets of $24 billion, including a loan portfolio,
a securities portfolio, a servicing platform representing over $150
billion of loans serviced for third party investors, and Financial
Freedom, a reverse mortgage platform. OneWest is an FDIC-insured
institution and funds deposited in the bank are insured up to the
FDIC's insurance limit of $250,000 per depositor. Information about
OneWest Bank can be found on the company's website at
www.onewestbank.com.
The Los Angeles Police Foundation is the major source of private
support for the Los Angeles Police Department. The foundation
provides youth programs, equipment, technology and training that are
not included in the city budget. Information about the Los Angeles
Police Foundation can be found on their website at
www.lapolicefoundation.org .
For additional information, please contact Karen Wagener, President,
Los Angeles Police Foundation at 213-489-4636.
SOURCE: Los Angeles Police Foundation
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