Pacific Life Foundation Distributes over $3.5 Million in Annual Grants at a Reception to Benefit the Community.$4.2 Million Committed for 2007 NEWPORT BEACH Newport Beach, residential and resort city (1990 pop. 66,643), Orange co., S Calif., on Newport Bay and the Pacific Ocean; inc. 1906. It is a popular seaside resort and yachting center. Manufactures include electrical and medical equipment, computers, boats, and adhesives. , Calif. -- For the fifteenth consecutive year, nearly 200 nonprofit A corporation or an association that conducts business for the benefit of the general public without shareholders and without a profit motive. Nonprofits are also called not-for-profit corporations. Nonprofit corporations are created according to state law. agencies primarily serving Orange County, CA, gathered at an afternoon reception held at Pacific Life's headquarters in Newport Beach. The agencies received grants ranging from $2,500 to $133,000. The Pacific Life Foundation distributed over $3.5 million at the event and has committed to spend a total of $4.2 million for 2007. "Since 1993, we have made a special effort every year to gather together diverse non-profit agencies and honor them for the service and work they provide in our communities," said Robert G. Haskell, president of the Pacific Life Foundation. "The reception is not only a great opportunity for the Foundation to interact with those receiving our grants, but it also provides an atmosphere in which nonprofit leaders can interact with their peers." In attendance at the celebratory event were nonprofit agencies focused on the areas of arts and culture; civic, community, and environment; education; and health and human services Noun 1. Health and Human Services - the United States federal department that administers all federal programs dealing with health and welfare; created in 1979 Department of Health and Human Services, HHS . The majority of the grants range from $2,500 to $10,000; however, 19 agencies received grants greater than $10,000. The grants include: * A $133,000 grant that completed the Foundation's pledge of $366,000 to Healthy Smiles for Kids of Orange County, a pediatric pediatric /pe·di·at·ric/ (pe?de-at´rik) pertaining to the health of children. pe·di·at·ric adj. Of or relating to pediatrics. dental center in Garden Grove Garden Grove, city (1990 pop. 143,050), Orange co., S Calif., a suburb of Long Beach and Los Angeles, on the Santa Ana River; founded 1877, inc. 1956. Many of its residents work in nearby aerospace and defense installations, and there is light manufacturing. that serves uninsured children from low-income families. Included with this program is the purchase of a van, a mobile dental clinic, and funding for school-based dental services. * A $100,000 grant was committed to AccessOC, a new program whose goal is to mobilize mo·bi·lize v. 1. To make mobile or capable of movement. 2. To restore the power of motion to a joint. 3. To release into the body, as glycogen from the liver. a network of medical volunteers, hospitals, and referring community clinics in Orange County to provide the uninsured with donated surgical outpatient procedures that significantly improve their health, ability to work, and quality of life. This grant is part of a $350,000 pledge which will be completed in 2010. * A grant of $50,000 (towards a $100,000 pledge) was awarded to the Discovery Science Center Discovery Science Center is a learning complex with more than 100 hands-on science exhibits designed to spark children's natural curiosity. Located 2500 N. Main St. in Santa Ana, California, Discovery Science Center is open 10 a.m. to 5 p.m. to support DinoQuest, a unique interactive electronic exhibit, as well as an online educational, science-focused program that enables students from anywhere in Southern California Southern California, also colloquially known as SoCal, is the southern portion of the U.S. state of California. Centered on the cities of Los Angeles and San Diego, Southern California is home to nearly 24 million people and is the nation's second most populated region, - or the world - to participate in science learning experiences. The Pacific Life Foundation was established in 1984. Together with Pacific Life, the Foundation has contributed donations totaling over $41 million to hundreds of nonprofits over the past 22 years. The Foundation's current endowment is approximately $62 million. Founded in 1868, Pacific Life provides life insurance products, annuities, and mutual funds, and offers a variety of investment products and services to individuals, businesses, and pension plans.1 Pacific Life counts more than half of the 100 largest U.S. companies as clients2 and is a member of the Insurance Marketplace Standards Association (IMSA IMSA Illinois Mathematics and Science Academy IMSA International Motor Sports Association IMSA Insurance Marketplace Standards Association IMSA International Municipal Signal Association IMSA Illinois Mini Storage Association IMSA Institute of Marine Safety Auditors ), whose membership promotes high ethical standards for the sale of individual life insurance and annuities. For additional information about Pacific Life, including its current financial strength ratings from A.M. Best, Fitch Ratings Fitch Ratings An international rating agency for financial institutions, insurance companies, and corporate, sovereign, and municipal debt. Fitch Ratings has headquarters in New York and London and is wholly owned by FIMALAC of Paris. , Standard & Poor's, and Moody's, visit the company Web site at www.PacificLife.com. 1 Product features and availability vary by state. 2 Data compiled by Pacific Life using the FORTUNE 500[R] list as of April 2006. |
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