Enterprise Bank & Trust presents annual endowment of $ 50,000 to Los Alamos Community Foundation
From left to right, Rachel Kizielezicz, Executive Director of LACF, David Izraelevitz, Chairman of the Board of Directors of LACF, Liddie Martinez, Chairman of Enterprise Bank & Trust – Los Alamos Region, and Pat Soran, Vice Chairman of the Board administration of LACF. Courtesy photo
Corporate Bank and Trust News:
Enterprise Bank & Trust recently presented the Los Alamos Community Foundation with a second check for $ 50,000 to benefit the Foundation’s Business Endowment Fund Matching Campaign.
In 2019, Enterprise pledged to contribute up to $ 50,000 per year for three years to create an endowment to benefit nonprofit associations in Los Alamos. This commitment is a matching challenge, which corresponds to the dollar-for-dollar public contributions made to the endowment.
The Los Alamos Community Foundation has raised $ 100,000 over 24 months from community members, successfully meeting the matching campaign goal for a total Enterprise Bank & Trust endowment currently valued at $ 200,000.
The Foundation uses the income from the endowment to provide grants to non-profit organizations in Los Alamos County. This spring, grants were awarded to nonprofits to support projects that improve the long-term financial health of their organizations.
âWe are grateful to all members of the community who have helped us meet this challenge,â said David Izraelevitz, president of the Los Alamos Community Foundation. âWe look forward to providing grants to nonprofit organizations in Los Alamos with this endowment for years to come. “
As part of the 2019 pledge, Enterprise collectively invested nearly half a million dollars in seven New Mexico nonprofits through the Enterprise Bank & Trust Foundation. This commitment provides resources directly to the communities of Los Alamos, Santa Fe and Albuquerque over three years. Contributions fund new or expanded facilities, improved programming, and access to additional resources for their New Mexico markets.
âWe are proud of our partnership with the Los Alamos Community Foundation and happy to support them financially, support that will ultimately fund our regional nonprofit partners whose programming is essential to our communities,â said Liddie Martinez. , business president – Los Alamos region. âEnterprise is a dedicated community partner and we are delivering on our promise to strengthen the well-being of our regional communities,â added Martinez.
About Enterprise Bank & Trust
Enterprise Bank & Trust is a growing financial services partner that aims to guide people to a life of financial success. We empower private businesses to succeed, help families secure their financial futures, and invest to improve the quality of life in the communities we serve. Enterprise is built on personal relationships of trust and offers a range of business and personal banking services, wealth management services and a variety of specialist banking services. Enterprise Financial Services Corp (NASDAQ: EFSC), with approximately $ 12.7 billion in assets, is a banking holding company headquartered in Clayton, Missouri. Enterprise Bank & Trust operates 47 branches in Arizona, California, Kansas, Missouri, Nevada and New Mexico, and SBA loan and deposit production offices in Arizona, California, Colorado, Illinois, Indiana, Massachusetts , Michigan, Nevada, Ohio, Oregon, Texas, Utah and Washington. Additional information is available at www.enterprisebank.com. FDIC member.
About the Los Alamos Community Foundation
Established in 2015, the goal of the Los Alamos Community Foundation is to create sustainable philanthropy to empower nonprofit organizations in our community. The Los Alamos Community Foundation currently manages eleven local endowment funds and has total assets of over $ 800,000. For more information on the Los Alamos Community Foundation, visit www.losalamoscf.org.