Printer Friendly
The Free Library
14,757,922 articles and books
Member login
User name  
Password 
 
Join us Forgot password?

UNITED WAY FUND DRIVE TAKES NEW DIRECTION.


Byline: Jennifer Parsons Parsons, city (1990 pop. 11,924), Labette co., SE Kans.; inc. 1871. It is a shipping point for dairy products, grain, and livestock. Manufactures include ammunition, wire and paper products, plastics, and appliances.  Staff Writer

For the first time in its 30-year history, the United Way of Greater 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.  has chosen an Asian-American business leader to head its annual fund-raising campaign Noun 1. fund-raising campaign - a campaign to raise money for some cause
fund-raising drive, fund-raising effort

crusade, campaign, cause, drive, effort, movement - a series of actions advancing a principle or tending toward a particular end; "he supported
.

Dominic Ng, president and chief executive officer of San Marino-based East West Bancorp Inc., was chosen to spearhead the 2000-01 campaign.

The decision by the United Way to name Ng as the fund-raising chairman is a move experts said could help the nonprofit organization Nonprofit Organization

An association that is given tax-free status. Donations to a non-profit organization are often tax deductible as well.

Notes:
Examples of non-profit organizations are charities, hospitals and schools.
 tap into the burgeoning economic power of local Asian-American business people.

``Traditionally, United Way has focused on Fortune 500-type of firms (for support), but the area's economy has changed, so you have to look at small to medium businesses and ethnic communities,'' said Jack Kyser, chief economist The Chief Economist is a single position job class having primary responsibility for the development, coordination, and production of economic and financial analysis. It is distinguished from the other economist positions by the broader scope of responsibility encompassing the  for the Los Angeles County Economic Development Corporation.

Joe Haggerty, president of United Way of Greater Los Angeles, said Ng can ``open doors'' to people within Southern California's multicultural mul·ti·cul·tur·al  
adj.
1. Of, relating to, or including several cultures.

2. Of or relating to a social or educational theory that encourages interest in many cultures within a society rather than in only a mainstream culture.
 community who have been untouched thus far by many 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:
 organizations such as United Way.

``He brings an additional benefit of knowing a lot of people that are not involved in United Way, many who are business associates of Asian background,'' Haggerty said. ``Hopefully, he'll draw in a lot of new supporters.''

Ng, who has set a six-month, $65 million fund-raising goal, said he wants to involve all middle-market businesses, not just Asian-American owned.

``Los Angeles has been growing very nicely in terms of the economy for the last four or five years and this is because of the middle market businesses,'' Ng said. ``We want to reach out and get them to participate in United Way.''

One of Ng's targeted industries is technology, he said.

``Technology businesses in the past have not been the traditional givers to United Way,'' he said. ``We've always counted on the big companies and now, we want to go beyond that.''

East West Bancorp, whose 1999 revenues were $162.7 million, is a bank holding company for East West Bank, with 29 branches throughout California.

Ng, 41, has served on United Way's board of directors for the past five years.

Kyser said as chairman, Ng brings ``a very good Rolodex'' to United Way.

``He can make a lot of phone calls,'' he said. ``He has awareness of Asian businesses and traditions which will help because these people keep a low profile.''

Both Kyser and Haggerty agreed that appointing Ng definitely makes a strong affirmation A solemn and formal declaration of the truth of a statement, such as an Affidavit or the actual or prospective testimony of a witness or a party that takes the place of an oath. An affirmation is also used when a person cannot take an oath because of religious convictions.  about the direction of United Way of Greater Los Angeles.

``If nothing else, this is a major statement about the way the United Way is changing and recognizing what is going on in the communities,'' Kyser said.
COPYRIGHT 2000 Daily News
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2000, 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:Business
Publication:Daily News (Los Angeles, CA)
Date:Dec 16, 2000
Words:439
Previous Article:PARK ROLLING TOWARD A RECORD MAGIC MOUNTAIN TO DEBUT 3 NEW COASTERS.(Business)
Next Article:THRILLING NEWS TEASES ENTHUSIASTS.(Business)



Related Articles
STOCKS TAKE WILD RIDE : DOW CLOSES DAY UP 53 POINTS AFTER EARLY MORNING SLIDE.(BUSINESS)
Rush hour traffic plan for Sepulveda gains as volume continues rise. (Up Front).
ROAD-WIDENING PROJECT FUELED BY AEROSPACE EXPANSION HOPES CITY OKS PRELIMINARY PLANS TO ADD LANES TO BOULEVARD.(News)
PLANT 42 ROUTE TO BE WIDER HOUSE TRANSPORTATION BILL OKS PROJECT FUNDS.(News)
Department of Defense news release (Jan. 23, 2004): DoD selects foreign defense equipment for testing.(In the News)(Foreign Comparative Testing)
ROAD PROJECT TAKING OFF OFFICIALS SEEK FUNDS FOR PATH TO PLANT, AIRPORT.(News)
BILL WOULD AID LOCAL ROAD PROJECTS WIDENING COMMUTER ROUTE ON LIST.(News)
HOUSE OKS ROAD FUNDS VOTE EARMARKS $2.8 MILLION TO EXPAND RANCHO VISTA.(News)
COUNCIL TO MULL DESIGN PACT $5.5 MILLION PROJECT WOULD WIDEN RANCHO VISTA BLVD.(News)
Win the war of ideas through community development.(UP FRONT: NEWS AND OPINION FROM INDEPENDENT MINDS)(public diplomacy)

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