IRVINE, Calif. – March 20, 2012 – Opus Bank (the “Bank”) and Opus Community
Foundation (the “Foundation”) announced today the Foundation’s approval of 11
grant awards to charitable organizations that the Bank and Foundation believe will
have an immediate and long lasting impact on efforts to rebuild our communities.
The initiatives receiving the Foundation’s financial support create enrichment
and advancement opportunities that directly improve the lives of individuals and
families in the communities Opus Bank serves.
Stephen H. Gordon, Chairman and Chief Executive Officer of Opus Bank and
Chairman of Opus Community Foundation, stated, “While Opus Bank remains
focused on providing capital funding to business owners, real estate investors, and
entrepreneurs who share our vision to expand and grow, our vision doesn’t stop
there. The organizations with whom we have chosen to partner
have programs targeting specific areas of need in our California and Washington
communities. These programs have consistently proven to be very successful and
have shown great results.”
California Grant Awards
Boys and Girls Clubs of Los Angeles Harbor received a grant to support its
Comprehensive Arts Program, which provides at-risk kids a safe environment
where they can develop their full potential in dance, music, fine arts and crafts, and
Children’s Hospital of Orange County (“CHOC”) received a grant to support its
medical programs, which are designed to improve the health and well-being of
children through clinical expertise, advocacy, outreach, and research that brings
advanced treatment to pediatric patients.
Irvine Children’s Fund received a grant to support its scholarship program, which
provides funding for elementary school aged children from low income families to
attend before and after school child care.
MIND Research Institute received a grant to support its Math Initiative program,
which provides K-12 schools located in low-to-moderate income neighborhoods
math instructional systems that improve math education and advance scientific
understanding using language- independent software lessons, which reduce the
language barrier for students.
Orangewood Children’s Foundation received a grant to support the construction of The Academy, a new residential charter school in Santa Ana, that will provide
a transformational learning environment to at-risk and foster teens that offers
consistency, stability, support, and a community in which to belong, thrive, and
grow into successful adults.
Richstone Family Center received a grant to support their programs, which are
designed to prevent and treat child abuse, strengthen families, and prevent violence
in families, schools, and communities.
YMCA of Orange County received a grant to support its scholarship programs, which
provide before and after school child care for low income and at-risk school aged
kids in in Tustin, Santa Ana, and Fullerton.
Washington Grant Awards
Kirkland Interfaith Transitions in Housing received a grant to support its Welcome
Home program, which provides short-term housing subsidies and support services
for families threatened by homelessness in the Kirkland and East King County
Olive Crest received a grant to support its Community Involvement program, which
recruits and trains volunteers, tutors, and mentors to provide valuable educational
advocacy and life skills modeling to low income foster care and at-risk youth.
Sherwood Community Services received a grant to support its Career Connection
program, which provides vocational services, including individualized job planning
and exploration, placement, and retention to transition-aged students and adults
Snohomish County Music Project received a grant to support its Link Up program,
which pairs local orchestras with students in grades 3-5 who are introduced to
classical masterworks and learn to read, recite, and perform music.
About Opus Community Foundation
The Foundation is a private 501(c)(3) organization established by Opus Bank on
September 30, 2010. The Foundation targets its philanthropic efforts in the areas of affordable
housing, community development, education, financial literacy, health and human
services, and the arts. The Foundation’s goal is to stimulate economic change,
promote reinvestment, inspire philanthropy, and strengthen the communities
About Opus Bank
Opus Bank, headquartered in Irvine, CA, is an FDIC insured California-chartered commercial
bank with $2.4 billion of total assets, $1.6 billion of total loans, and $1.8 billion in total deposits,
as of December 31, 2011. Opus Bank provides high value, relationship-based banking products
and exceptional service to its clients comprised of small and mid-sized commercial businesses,
entrepreneurs, real estate investors, professionals, and consumers. Opus Bank offers a wide range
of loan products, including commercial and industrial, commercial real estate, multifamily
residential, jumbo single-family residential, and consumer loans; and is a Small Business
Administration (“SBA”) Preferred Lender. Opus Bank currently operates 41 banking offices,
including 22 in the Seattle/Puget Sound region in Washington and 19 banking offices in
Southern California. Opus Bank has announced plans to open new banking offices in Danville, located in Contra Costa County; Long Beach and Pasadena, located in Los Angeles County;
Laguna Niguel, located in Orange County; Del Mar, located in San Diego County, California;
Gig Harbor, located in Pierce County; Kirkland, located in King County; and Mount Vernon,
located in Skagit County, Washington. For additional information about Opus Bank, please visit
our website: .