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Wells Fargo Announces Million Dollar Donation to Villa Esperanza Services

first_img Make a comment Get our daily Pasadena newspaper in your email box. Free.Get all the latest Pasadena news, more than 10 fresh stories daily, 7 days a week at 7 a.m. 18 recommended0 commentsShareShareTweetSharePin it Pasadena’s ‘626 Day’ Aims to Celebrate City, Boost Local Economy Community News Giving Back Wells Fargo Announces Million Dollar Donation to Villa Esperanza Services Funding Granted To Help Meet Urgent Need & Nonprofit Capital Campaign Goal From STAFF REPORTS Published on Thursday, April 17, 2014 | 2:28 pm Name (required)  Mail (required) (not be published)  Website  Pasadena Will Allow Vaccinated People to Go Without Masks in Most Settings Starting on Tuesday More Cool Stuff Top of the News First Heatwave Expected Next Week center_img Subscribe Your email address will not be published. Required fields are marked * EVENTS & ENTERTAINMENT | FOOD & DRINK | THE ARTS | REAL ESTATE | HOME & GARDEN | WELLNESS | SOCIAL SCENE | GETAWAYS | PARENTS & KIDS Community News Home of the Week: Unique Pasadena Home Located on Madeline Drive, Pasadena Herbeauty10 Reasons Why Selena Gomez Has Billions Of FansHerbeautyHerbeautyHerbeautyVictoria’s Secret Model’s Tips For Looking Ultra SexyHerbeautyHerbeautyHerbeauty10 Ways To Get Into Shape You’ve Never Tried BeforeHerbeautyHerbeautyHerbeautyFinding The Right Type Of Workout For You According AstrologyHerbeautyHerbeautyHerbeautyHe Is Totally In Love With You If He Does These 7 ThingsHerbeautyHerbeautyHerbeautyThese Are 15 Great Style Tips From Asian WomenHerbeautyHerbeauty Business News faithfernandez More » ShareTweetShare on Google+Pin on PinterestSend with WhatsApp,Virtual Schools PasadenaHomes Solve Community/Gov/Pub SafetyPASADENA EVENTS & ACTIVITIES CALENDARClick here for Movie Showtimes Detail of Campus Entry for Villa StreetThis Autism Awareness Month, Wells Fargo announces a million dollar grant to Villa Esperanza Services for the most urgent needs of their $18 million capital campaign. Villa Esperanza Services is a nonprofit organization dedicated to the care and education of children, adults and seniors with developmental, intellectual and other disabilities.The announcement comes during the month of April, recognized as Autism Awareness Month, helping raise awareness about the spectrum disorder that is currently suspected to affect up to 1 in 68 children, with the rate even higher in boys with 1 in 42 diagnosed with the disorder in the United States.Ricki Robinson, MD“Autism is one of the fastest growing childhood epidemics of our time. Soon these autistic children will be adults, and it is more important than ever for professionals and parents to increase their knowledge about successful treatment models, and for society to create systems that acknowledge the needs of its citizens on the autism spectrum,” explains Ricki Robinson, MD, a clinical leader holding a Masters of Public Health and Villa Esperanza Services board member. “Villa Esperanza Services is truly part of the daily solution for families and one of the only nonprofits extending full continuity of care, helping children and adults alike.”The capital campaign entitled “Hope Moves Forward” reflects the organization’s namesake meaning “House of Hope” founded by a group of mothers in 1961 to help their children with disabilities.Joe Defur“Due to the urgent need in our community, and as a result of the passion and confidence we have in the mission of Villa Esperanza Services, Wells Fargo is proud to support the organization during this critical time,” said Joe Defur, Wells Fargo Private Bank senior managing director for California and Villa Esperanza board member. “For the past 21 years Wells Fargo executives have served on Villa Esperanza Services’ board of directors to help bring hope to families in Southern California, and the need for improvements at Villa Esperanza has never been more vital.”The first phase of the capital campaign master plan is a nine million dollar goal that will allow the organization to build a new school and purchase and renovate a new permanent home for the adult day program. This will allow for an increase in school enrollment by 41 percent and 36 percent in the adult day program. Villa Esperanza Services plans to break ground in July 2015. Phase two of the capital campaign will begin shortly thereafter, and is another nine million dollar goal, which will help complete the renovation including new occupational and physical therapy facilities and administrative offices.David DiCristofaro“At Wells Fargo we know we can only be as strong as the strength of the communities we serve, and with autism rates on the rise it is more important than ever to help the professionals and families in need of successful treatment models and programs,” said David DiCristofaro, Wells Fargo president of Greater Los Angeles. “Wells Fargo believes so strongly in the urgent need and effectiveness of the services Villa Esperanza provides that this donation is coming from our national philanthropy budget and is above and beyond our annual local giving. When you see the dedication of the staff and the amazing outcomes of the students, it becomes crystal clear that the work Villa Esperanza is doing is making an important impact.”In 2013 Wells Fargo was named top corporate philanthropist locally and nationally, donating $275 million to nonprofit and community organizations across the country, with $29 million donated in Los Angeles and Orange Counties.About Villa Esperanza ServicesVilla Esperanza Services is a nonprofit organization dedicated to the care and education of children, adults and seniors with developmental, intellectual and other disabilities. Villa Esperanza Services offers nine programs including a comprehensive education center for children up to the age of 22 years; a speech and language center and occupational therapy clinic providing children, adults and seniors with comprehensive therapies; employment services; day programs for adults; and adult residences in Pasadena and Thousand Oaks. To learn more about Villa’s collaborative approach, log on to www.VillaEsperanzaServices.org.About Wells FargoWells Fargo & Company (NYSE: WFC) is a nationwide, diversified, community-based financial services company with $1.5 trillion in assets. Founded in 1852 and headquartered in San Francisco, Wells Fargo provides banking, insurance, investments, mortgage, and consumer and commercial finance through more than 9,000 locations, 12,000 ATMs, and the internet (wellsfargo.com), and has offices in 36 countries to support customers who conduct business in the global economy. With more than 264,000 team members, Wells Fargo serves one in three households in the United States. Wells Fargo & Company was ranked No. 25 on Fortune’s 2013 rankings of America’s largest corporations. Wells Fargo’s vision is to satisfy all our customers’ financial needs and help them succeed financially. Wells Fargo perspectives are also available at blogs.wellsfargo.com.last_img read more

Visiting Instructor of Accounting

first_imgPerform teaching, scholarship, service, professionaldevelopment, and program assessment for accreditation. Otherqualifications include: cultural competency to work with diversestudent and/or staff population.Physical ability to perform the essential functions of theposition, with or without reasonable accommodation.Work collaboratively with the other faculty to advance theprograms.Candidates will also be accountable for collaborative andapplied research in various disciplines, including assistance withgrant applications and data analysis on funded grantsAdvise students for both academic and career fields.A thorough understanding of technology, learning managementsystems, and computer applications is essential (i.e. Blackboard,Canvas, Powercampus, Jenzabar, LinkedIn Learning). Qualified applicants are asked to upload a cover letter ofinterest, resume/curriculum vitae, and/or certifications, ifapplicable.Supplemental InformationIn addition to the completed application, candidates must submit alist of three professional references (at least one from a previousemployer) that includes names and contact information. Review ofapplication materials will begin ASAP and will continue until theposition is filled. No phone calls please.Florida Memorial University is an Equal Employment OpportunityEmployer. A successful candidate will play an active role in FMU’s existingacademic success. This is a visiting faculty position requiring astrong academic background specifically in more than one area ofaccounting: Principles of Accounting, Managerial Accounting,Intermediate Accounting, Cost Accounting, Federal Income Tax,Advanced Accounting and Auditing. Experience teaching in higher education. Applicants withresearch and teaching in all areas of accountancy will beconsidered.Pre-Employment screening is required: criminal background-checkand drug-testing. Essential duties:center_img Ph.D. in related discipline is required at the time of initialappointment. Strong research background in business fields. Faculty will offer both introductory and advanced coursesdirectly related to scheduled instruction, including: lecture,laboratory, clinical, performance and coaching assignments;preparation for instruction; and student assessmentactivities.Faculty must develop and utilize a course syllabus for eachcourse, following established institutional guidelines.Candidates will also be accountable for collaborative andapplied research in various disciplines, including assistance withgrant applications and data analysis on funded grants. Qualifications:last_img read more

PGGM’s Lindeijer: Dutch schemes need updated risk models

first_imgEloy Lindeijer, PGGMHe said that he would like to divest from Dutch, German and Austrian government bonds, as well as long-duration interest swaps, in favour of inflation-matching investments such as European property and core infrastructure.The FTK gave the wrong incentive by requiring pension funds to hedge their liabilities against a volatile risk-free market rate, he argued. “This leads to significant investments in government bonds and swaps, with the liquidity call on swaps hampering taking additional stakes in long-duration private investments.”Lindeijer also criticised the FTK’s risk model, in which property and infrastructure had a high risk weighting whereas euro-denominated government bonds were deemed low risk.Bespoke risk modelsUnderfunded schemes – including PGGM’s main client, PFZW, and other large sector pension funds ABP, PMT and PME – are not allowed to add investment risk, whereas schemes that can face higher buffer requirements if they raise their risk profile.In Lindeijer’s opinion, pension funds should be allowed to apply their own fine-tuned risk models to bring their investments in line with what is “sound long-term economic policy”.“It is about broadening the selection of approved matching assets, such as the most solid infrastructure projects, European property and long-duration mortgages,” the CIO argued. The Netherlands’ current risk model is “too static” and predates the financial crisis, “when there was a glut of well-returning matching assets”.He emphasised that, post-financial crisis, not even government bonds are always safe given their susceptibility to rising interest rates and default risk from countries such as Italy.Discount rateThe current discount rate for liabilities was a big source of volatility at pension funds, he said, highlighting its pro-cyclical effects.“If equity markets decline, the risk-free interest rate often falls as well, causing an additional hit on schemes’ coverage ratio. Subsequently, underfunded pension funds can’t increase equity risk, while they would like to invest when markets have bottomed,” he explained.Lindeijer said a stable discount rate would enable pension funds to take the right investment decisions.“As the Netherlands doesn’t have sufficient clout to affect ECB policy, it can change the way we deal with the FTK,” the CIO argued.The FTK’s risk model has also been criticised by Dutch-Canadian pensions expert Keith Ambachtsheer. In an interview to be published in IPE’s December issue, he argued that “the constant pressure to reduce solvency risk to avoid further pension cuts has reduced the long-term wealth-creating capability of the massive €1.4trn pool of Dutch retirement savings”.“Too much is dead money, locked up in low-return fixed income instruments,” Ambachtsheer said. “During the past few years we have benefited from the low-rate policy, as equity markets rose and hedging through swaps and bonds was profitable,” Lindeijer explained. “But now the reverse effect looms.” Dutch pension funds urgently need updated risk models as the current financial assessment framework (FTK) means they miss investment opportunities and exposes them to rising interest rates, according to PGGM’s chief investment officer Eloy Lindeijer.Speaking to IPE’s Dutch sister publication Pensioen Pro, Lindeijer said schemes were stuck with low-yielding or even loss-making fixed income holdings.“They are a big source of volatility, and investing in them means a direct loss in real terms and comes at the expense of opportunities,” he said.The investments would be hard hit when interest rates rose again, for example as a result of the European Central Bank ceasing its quantitative easing policy, the investment chief said.last_img read more

Ireland squad named for Minsk

first_img The trio are joined by a fourth London Olympian, welterweight Adam Nolan, in the line-up for the tournament which starts on June 1 in the Belarusian capital. Ireland head coach Billy Walsh said: “We are looking forward to the Championships and we are looking at getting the best out of our performances in Minsk.” Olympic medallists John Joe Nevin, Paddy Barnes and Michael Conlan have been named in a 10-strong Ireland squad for next month’s European Championships in Minsk. Press Associationlast_img