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Sunwest Bank Charitable Foundation Begins Beneficiary Selection

Sunwest Bank is pleased to be a community bank that is truly part of the lives of the people and businesses it supports. Recently, a number of charities within the communities served by Sunwest Bank’s branches were selected as beneficiaries of the Sunwest Bank Charitable Foundation.

The following charities were among the first to receive funding:

1.     Orangewood Children’s Foundation in Santa Ana, Calif.

Orangewood is a facility that shelters children of abuse, neglect or abandonment focusing on the needs of children in the foster care system. Based on Orangewood’s impressive reputation in the Orange County community, it was selected as the recipient of $100,000 from Sunwest.

2.     Family Assistance Ministries, San Clemente, California

Family Assistance Ministries is a non-profit organization provides temporary living expenses and job counseling for families and individuals in need to assist them in becoming positive members of the community. Family Assistance Ministries has been a Sunwest Bank customer for three years.

3.     The Rehabilitation Institute of Southern California (RIO), Orange, California

RIO has been a Sunwest Bank customer for over 14 years. Mike Stafford, Vice President & Branch Sales Manager of the Tustin branch, who is also a member on RIO’s board of directors, suggested that they be considered. RIO serves the disabled community with a goal of improving the quality of life for disabled persons through comprehensive programs that increase the persons function in the community.

4.  The Old Town Mission, Cottonwood, Arizona

The Old Town Mission helps meet the needs of those individuals struggling in poverty. From basic needs like food, clothing and hygiene products to back to school programs and legal clinics, The Old Town Mission is dedicated to helping those less fortunate and/or struggling individuals.

5.     St. Mary’s Food Bank Alliance, Flagstaff, Arizona

St. Mary’s Food Bank Alliance prides itself in being the world’s first food bank. This organization strives to alleviate hunger in the community by gathering and distributing food to facilities that serve the hungry. They provide enough food to provide 300,000 meals per day.

“Each charity has proven itself as a great contributor to a Sunwest community,” notes Glenn E. Gray, CEO of Sunwest Bank. “Charities like these that make a true impact on the lives of those in need are a perfect way for Sunwest to ensure that the Sunwest Bank Foundation money is used most affectively and benefits as many individuals as possible.”

The Sunwest Bank Charitable Foundation, is a private, nonprofit 501(c)(3) organization. The Bank’s Board of Directors authorized an initial contribution of $2 million to the Foundation at the end of 2009. The objective of the Foundation is to foster charitable giving and support worthy charitable endeavors within the Bank’s primary markets as well as throughout the United States and the world.  Several other charities will receive funding in this year.

For more information on receiving a grant or donation, please download a copy of our Progam Policy using the link titled 'download a PDF of this press release' above. A completed Application and Grant Request Form (See Exhibit A) must be submitted to the Sunwest Bank Foundation Committee as the first step towards consideration. Requests may be made directly by the organization seeking funding or by a Sunwest Bank employee on behalf of the charitable organization, cause or activity.