Los Angeles Police Foundation Announces a Three-Year $300,000 Grant From OneWest Foundation to Support the LAPD's Juvenile Impact Program
LOS ANGELES, CA--(Marketwire - February 3, 2010) - 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.