Printer Friendly
The Free Library
14,718,654 articles and books
Member login
User name  
Password 
 
Join us Forgot password?

Community focus for lender's giving. (People).


A bank giving away money?

Washington Mutual “WaMu” redirects here. For the Washington, DC radio station, see WAMU.

Washington Mutual (or WaMu; NYSE: WM) is the United States' largest savings and loan association.
 Inc., the $242.5 billion in assets financial institution, has tapped Virginia Victorin, 43, to do exactly that.

As new corporate giving manager, Victorin oversees philanthropic phil·an·throp·ic   also phil·an·throp·i·cal
adj.
1. Of, relating to, or marked by philanthropy; humanitarian.

2. Organized to provide humanitarian or charitable assistance:
 efforts in California that help provide non-profits with the wherewithal where·with·al  
n.
The necessary means, especially financial means: didn't have the wherewithal to survive an economic downturn.

conj.
Wherewith.

pron.
Wherewith.
 to assist the community.

"Our grant making program is a way of coming to the table with our hands open to start partnerships, especially with communities that are not familiar with our company," Victorin said.

Giving, she said, helps Seattle-based Washington Mutual become a good corporate citizen.

Last year, more than $10 million was given to charitable causes in California, including $4 million in L.A. and $49 million nationwide. Victorin said the primary goals behind the philanthropy philanthropy, the spirit of active goodwill toward others as demonstrated in efforts to promote their welfare. The term is often used interchangeably with charity.  include affordable housing and access to quality education for inner-city youth.

"Not every neighborhood has access to quality education," she said. "One thing we're trying to do is to find high-quality teachers who are interested in serving in urban areas where low-income kids face challenges every day."

The Achievement Council, the Los Angeles Los Angeles (lôs ăn`jələs, lŏs, ăn`jəlēz'), city (1990 pop. 3,485,398), seat of Los Angeles co., S Calif.; inc. 1850.  Educational Partnership and CalTeach were among the organizations to benefit from the $10 million donated in California in 2001. She said no major changes are in store this year, adding that contributions will match, if not exceed, 2001's totals.

With 15 years in the non-profit sector The nonprofit sector, also called the third sector, civic sector or voluntary sector, is a third area of an economy, distinct from the public sector and the private sector. It is made up of all of the non-profit organizations in the economy.  -- 10 on the grant making side -- Victorin joined Washington Mutual from BP and the Arco Foundation, where she directed initiatives for school reform, engineering education and the arts. She recently worked for the Achievement Council, a Los Angeles non-profit that works to improve public education.

Victorin has a bachelor's degree in political science from UCLA UCLA University of California at Los Angeles
UCLA University Center for Learning Assistance (Illinois State University)
UCLA University of Carrollton, TX and Lower Addison, TX
 and attended the UCLA Graduate School of Education Teacher Credential program. She lives in Mar Vista with her husband and 7-year-old son.
COPYRIGHT 2002 CBJ, L.P.
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2002, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

 Reader Opinion

Title:

Comment:



 

Article Details
Printer friendly Cite/link Email Feedback
Title Annotation:Washington Mutual Inc., Virginia Victorin joins
Comment:Community focus for lender's giving. (People).(Washington Mutual Inc., Virginia Victorin joins)
Author:Marquez, Jeremiah
Publication:Los Angeles Business Journal
Article Type:Brief Article
Geographic Code:1USA
Date:Apr 22, 2002
Words:297
Previous Article:Retail. (Newsmakers).(Bandai America Inc.)(Brief Article)
Next Article:Real estate appraisal firms: ranked by the number of licensed real estate appraisers in L.A. County. (The List).(Los Angeles, California)(Statistical...
Topics:



Related Articles
Home purchase lending in low-income neighborhoods and to low-income borrowers.
HEAD COUNT DECLARED OFFICIAL TALLY.(News)
BANKING GIANT; WASHINGTON MUTUAL'S MERGER WITH AHMANSON CREATES FINANCIAL POWERHOUSE.(NEWS)(Statistical Data Included)
AHMANSON RANCH RALLY PLANNED.(News)
Quad Ventures forms equity fund, acquires Troll Comm.(Troll Communications)(Brief Article)
Washington Mutual closes record-breaking $5.8b in loans.
Pentagon Federal Credit Union creates new foundation: promotes financial literacy and takes aim at payday loans.(Interview)
Washington Mutual Inc.(Movers and Shakers)
Reducing social work students' statistics anxiety.
Research helps clean up a water supply.(BEYOND THE BENCH)

Terms of use | Copyright © 2009 Farlex, Inc. | Feedback | For webmasters | Submit articles