Category: Finance

Newest members bring financial and economic development expertise to the CSUCI Foundation Board

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The CSU Channel Islands (CSUCI) Foundation Board is welcoming two new members with a wealth of experience in banking and community investment opportunities.

The two new members are New Capital LLC Chief Executive Officer Beatriz Olvera Stotzer of Los Angeles and Montecito Bank & Trust Senior Vice President and Director of Community Banking Cari Shore of Ojai.

Interim President Richard Yao, Ph.D., said he is excited to welcome two such accomplished leaders in the community and looks forward to working with them both.

“We are fortunate to have these two innovative and entrepreneurial women join our board,” Yao said. “They not only bring incredible talent, experience and thought leadership to the Foundation, but also are deeply connected in our region and are committed to our mission as a University and to the work of the Foundation Board.”

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Local PODS® Announces Its Tenth Year of Support for Food Share CAN-tree Food Drive to Help Local Community

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 Local PODS Moving and Storage will once again support Food Share Ventura County’s CAN-tree event December 9-12 at Figueroa Plaza – Downtown Ventura. This year marks a special 10-year anniversary celebration.  

“We’re proud to partner with Food Share for this annual event to help stock the food bank shelves with the extra canned food donations needed to help families through the holidays,” said Steve Yapp, owner of local PODS Moving and Storage. “Food Share helps thousands of food insecure families every holiday season, and we consider it an honor to be able to support their cause.”  

PODS local have been supporting Food Share CAN-tree event programs since its origination in 2011. Each year, the community gathers to build a “forest” of can trees built from donated food that will soon be distributed to families for the holidays.  

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Martin V. and Martha K. Smith Foundation becomes CSUCI’s single largest donor

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Following more than 20 years of strong philanthropic partnership, the Martin V. and Martha K. Smith Foundation has generously donated $10.5 million to the Martin V. Smith School of Business & Economics (MVS) at CSU Channel Islands (CSUCI). Ventura County philanthropist and real estate developer Martin V. “Bud” Smith and his wife Martha created the Foundation to support community organizations.  

The transformational gift brings the total contributed to CSUCI to more than $19 million since the family’s first donation in 1999, making them the University’s largest donor.  

Just over $3.5 million will be used to complete the renovation of the MVS School’s new home, located in the campus’ former Manzanita Hall, and the refurbishment of an adjacent courtyard. The new space will be named “Martin V. Smith Hall” in honor of Bud Smith, and the courtyard will be named the “Martha K. Smith Courtyard” after Smith’s wife. The remaining $7 million will be used to create a new endowment for the MVS School to enhance the quality of the educational programming and experience for its students and faculty. 

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POOLCORP Donates $70,000 To Southeast Ventura County YMCA’s Water Safety Program

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The Southeast Ventura County YMCA received a $70,000 grant from POOLCORP to help fund the Y’s Safety Around Water (SAW) program and current and future lifeguard training.

POOLCORP made the donation at the Yarrow Family YMCA in Westlake Village on November 22.

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Economic Development Collaborative (EDC) — COVID-19 Economic Injury Disaster Loan Program

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In response to COVID-19, small business owners, including agricultural businesses, and nonprofit organizations in all U.S. states, Washington D.C., and territories can apply for the COVID-19 Economic Injury Disaster Loan (COVID-19 EIDL). The loan is directly from the United States Small Business Administration (SBA) that must be repaid; low-interest, fixed-rate, long-term loan to help overcome the effects of the pandemic by providing working capital to meet operating expenses. Click here to learn more.

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Economic Development Collaborative (EDC) — California Venues Grant Program

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The California Venues Grant Program will support eligible independent live events venues that have been affected by COVID-19 in order to support their continued operation. Eligible independent live events venues must have a physical address and operate in California, which will be validated through submitted business tax returns. If your business tax returns do not reference a California address, you will be deemed ineligible. For more information on how to apply CLICK HERE.

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Housing Trust Fund Ventura County announces $1 million investment by Bank of the Sierra

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Housing Trust Fund Ventura County (Housing Trust Fund VC) announced today a $1 million investment by Bank of the Sierra into the nonprofit’s Everyone Deserves a Home Revolving Loan Fund. This community impact note will be pooled with funds from investors, both public and private, to provide flexible, below-market interest rate loans in support of building safe and equitable homes in diverse neighborhoods, that positively impact people’s lives in Ventura County. Additionally, investors earn a modest financial return on their investment.

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Economic Development Collaborative (EDC) — Business Alert- California Venues Grant Program

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The California Venues Grant Program will support eligible independent live events venues that have been affected by COVID-19 in order to support their continued operation. Eligible independent live events venues must have a physical address and operate in California, which will be validated through submitted business tax returns. If your business tax returns do not reference a California address, you will be deemed ineligible. For more information on how to apply CLICK HERE.

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Friendship Center — Giving Tuesday! — Make a POSITIVE difference in the Quality of Life for a Senior with dementia

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As a nonprofit, Friendship Center depends on the generosity of our friends and our community to continue the tradition of being a place where our members come to be surrounded by their peers, who share common threads in their life stories, and warm, loving staff who take an interest in each unique person, and finding what sparks JOY for them.

Please join us in this effort as we embrace the greater demands of providing safe, loving care to our community of members in the wake of the pandemic. Your financial gift goes a long way in making a difference for elders in our community experiencing dementia and other cognitive and physical challenges, and we thank you for contributing to their quality of life in this meaningful way.

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United Way of Ventura County — Give today for a tomorrow where everyone can thrive!

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We’re building a better tomorrow for everyone. Start today United with a gift for health, for education, for strong incomes, for safe homes. Today, on GivingTuesday, will you join us?

Your donation today matters. Everyone should have the chance to rebuild the parts of their life lost because of COVID-19 and other crises. Let’s act together today on GivingTuesday and every day! Be heroic!

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Economic Development Collaborative (EDC) — Free Webinar Schedule

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December 1 @ 10:30 am

Have you ever struggled to get someone to accept your ideas or buy your product or service? Well, help is finally on the way, with this breakthrough webinar! In less than an hour you will learn how to convince and sell almost anyone. Suddenly, you’ll have an incredible power to persuade all the people in your life, unlike anything you’ve

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Teddy Bear Cancer Foundation Serves Record Number of Families for ‘Project Turkey’

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Every year, Teddy Bear Cancer Foundation (TBCF) kicks off the their Season of Hope campaign by requesting various in-kind donations for Project Turkey, Project Christmas and Holiday Drive-Thru parties to spread cheer and needed resources to local families battling pediatric cancer.

“We seek to provide extra support to our families during the holiday season as they are under extreme stress. From trying to keep up with their child’s doctor and chemotherapy appointments, medical and household bills, to having enough gas to get to and from their appointments, they are often exhausted and planning celebrations for the holidays as well as the expenses included in holiday shopping can be extremely overwhelming. TBCF, along with our generous volunteers and donors, works together to deliver a holiday season many of our families would otherwise not have this year,” says Tessa Boyce, Community Outreach Manager and cancer survivor.

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Economic Development Collaborative (EDC) — Free Weekly Webinar Schedule

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SCORE VENTURA COUNTY: HOW TO INFLUENCE, PERSUADE AND SELL ANYONE

December 1 @ 10:30 am

Have you ever struggled to get someone to accept your ideas or buy your product or service? Well, help is finally on the way, with this breakthrough webinar! In less than an hour you will learn how to convince and sell almost anyone. Suddenly, you’ll have an incredible power to persuade all the people in your life, unlike anything you’ve ever been able to do before.

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Upward – CLU School of Management Community Newsletter

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California Lutheran University’s School of Management continues to provide a stimulating environment for our learners and the community around us, even in these unusual times. Today, we are once again happy to share a selection of exciting news, updates, and upcoming events to our communities in Southern California and beyond.

If you want to stay current on what is going on at the School of Management, please follow our Showcase page on LinkedIn.

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Economic Development Collaborative (EDC) — California Venues Grant Program

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The California Venues Grant Program will support eligible independent live events venues that have been affected by COVID-19 in order to support their continued operation. Eligible independent live events venues must have a physical address and operate in California, which will be validated through submitted business tax returns. If your business tax returns do not reference a California address, you will be deemed ineligible. For more information on how to apply CLICK HERE.

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Triunfo Water & Sanitation District Offering $15 Reduction On Monthly Water Bills

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ligible Triunfo Water & Sanitation District potable water customers can receive a $15 reduction on their monthly water bill.

To qualify, water customers must submit one of three documents: a copy of their Southern California Edison or Southern California Gas bill showing enrollment in the California Alternate Rates For Energy (CARE) program, a copy of the first page of their federal tax return or Form SSA 1099 if only receiving Social Security income. The document must show that the customer meets income threshold levels (i.e., $34,480 maximum for a household of one or two people).

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Anonymous donor willing to provide up to $50,000 match funding to support local homeless families through The City Center

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The City Center announced today that they have received a $50,000 matching donation from an anonymous donor. This gift will match donations made to The City Center?now through?December?25th,?2021.? The City Center is asking Ventura County to support their work in helping local homeless families become self-sufficient.? “Many people complain about the problem with homelessness in our county, but now is the time to be proactive, to realize YOU can make a difference,” said Cheryl?Heitmann, former mayor of Ventura City, “Now is a particularly good time to support The City Center, as every $1 raised will be matched, up to $50,000, and don’t forget there are also tax benefits for donations before year-end.? Our community needs to push together to help?our?most vulnerable population.? No child should be homeless. Ever.”?  

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CSUCI part of a grant to increase social science research opportunities for minority-serving institutions

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CSU Channel Islands (CSUCI) social scientists will soon take part in a multi-campus grant writing program aimed at increasing social science research opportunities for Hispanic-Serving Institutions (HSI)s. 

The program is funded by a new National Science Foundation (NSF) “Build and Broaden 2.0” grant, which was awarded to researchers from three campuses working together: CSUCI, University of California, Santa Barbara (UCSB) and University of California, Irvine (UCI). The grant totals $796,858 with $260,740 awarded directly to CSUCI.   

The grant will expand access to external funding opportunities in social sciences for the CSU and UC campuses, with a focus on HSIs.  

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United Way of Ventura County makes significant progress to end local veteran homelessness

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As we look ahead toward honoring Veterans Day, United Way of Ventura County continues to prioritize providing critical support to veterans in the Ventura County community through its Landlord Engagement Program (LEP) and rapid response efforts throughout the pandemic and beyond.

When COVID-19 first impacted the Ventura community in 2020, United Way of Ventura County mobilized immediately to secure temporary shelter and daily meals for local veterans and have helped a total of 48 veterans and 26 family members. Additionally, the nonprofit provided more than 3,000 Rapid Response Homeless Care Kits, which were distributed by the Ventura County Healthcare for the Homeless Backpack Medicine Team.

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Ventura College Foundation Revises Scholarship Application Requirements; Removes Barriers To Applying

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The Ventura College Foundation has revised its scholarship application requirements. The changes are designed to remove barriers to applying. The revisions were approved by the foundation board and are effective immediately.

“We reviewed our scholarship program outcome data, researched best practices for scholarship providers along the lines of diversity, equity, and inclusion, and conducted a student forum to receive feedback from students who had previously gone through the scholarship application process. We heard from many that the old requirements presented unrealistic barriers that prevented them from applying,” says Amy Cherot, chair of the foundation’s Scholarships & Grants Committee.  “We’re always looking for ways to better serve Ventura College students and to improve diversity and equity in our scholarship application process.”

One of the significant changes to the scholarship application requirements is that instead of requiring applicants to have completed 12 Ventura College credits by the end of the fall semester in which they are applying, they will have had to complete at least six credits. Credits earned in previous semesters at the college count toward the minimum unit requirement.

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Volunteers Needed for 2022 Volunteer Income Tax Assistance (VITA) Program

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United Way of Santa Barbara County (UWSBC) is currently looking for volunteers for their 2022 Volunteer Income Tax Assistance (VITA) program. The VITA program is a free tax preparation service for local Santa Barbara County residents who make $67,000 or less a year.

Every year, tax returns are prepared and electronically filed by IRS-certified volunteers for qualified individuals or families. Current volunteer opportunities include tax preparers, reviewers, and greeters for UWSBC’s tax preparation locations. Self-paced trainings for IRS certification trainings are available online, with virtual trainings scheduled for January 2022.

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Economic Development Collaborative (EDC) — Free Weekly Webinar Schedule

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SCORE SANTA BARBARA COUNTY: RISE UP: EMOTIONAL INTELLIGENCE: THE CORE COMPETENCY TO SUCCESS

November 11 @ 5:00 pm

The most successful companies and individuals are the ones that adapt their culture and communication around the key elements of emotional intelligence (EI). Many experts contend that EI accounts for 80% of professional success. Join SCORE to learn more!

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Economic Development Collaborative (EDC) Legal Alert — Cal/Osha Emergency Temporary Standard

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On November 4, the U.S. Department of Labor’s Occupational Safety and Health Administration announced a new emergency temporary standard to protect more than 84 million workers from the spread of the coronavirus on the job. The nation’s unvaccinated workers face grave danger from workplace exposure to coronavirus, and immediate action is necessary to protect them.

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VCCCD Highlights Retiree Health Benefits and Expanded Learning Opportunities Across Ventura County

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Ventura County Community College District will preserve retirees’ comprehensive health benefits, while saving taxpayers $53 million, and Spanish speakers can learn English in Piru, thanks to two of the many actions recently taken by the board of trustees. The board also passed a measure to receive contract funding for workforce development.

The taxpayer savings was noted in the 2021 Actuarial Study of Retiree Health Liabilities from Total Compensation Systems, Inc., which illustrates how the recent transition of purchasing retirees’ medical benefits through California Public Employees’ Retirement System (CalPERS) saves taxpayer dollars today and into the future through a substantial reduction of the District’s Net Other Post-Employment Benefits (OPEB) liability.

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Economic Development Collaborative (EDC) — EDC Business Alert- Uplift Central Coast Coalition

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EDC Proudly Partners with REACH and the Monterey Bay Economic Partnership (MBEP)

The Uplift Central Coast Coalition comprises 13 partners across industry, government and education and is expected to grow over time. The coalition is being overseen by the region’s three economic development organizations, Monterey Bay Economic Partnership, Economic Development Collaborative and REACH, with REACH as the lead agency on the U.S. EDA Build Back Better grant application.

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Bilingual report — Ventura County’s America’s Job Centers of California Re-Opens, Gets A Remodel

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The Workforce Development Board of Ventura County (WDB) announced the re-opening of the America’s Job Center of California location in Oxnard and the affiliate East County office in Simi Valley.  The Oxnard office also reopened with some welcomed changes. 

America’s Job Center of California is a direct link to resources that help choose and pursue careers.  The centers provide free access to a host of employment-related resources to help individuals find rewarding careers. They can receive assistance with resume preparation, training referrals, view job openings and employer information and learn about in-demand occupations. Customized training in the region’s in-demand occupations and assistance with tuition and books is also available.  Services are available in English and for English language learners.

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Economic Development Collaborative (EDC) — Tax Credit Programs

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TAX CREDITS THAT MAY APPLY TO YOUR BUSINESS

Tax Credits may help reduce the amount of tax your business owes. Your business may be eligible for more than 1 tax credit if you:

Bring or grow your business in California
Hire employees in certain areas
Produce a movie or television show
Do qualified research in California

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Economic Development Collaborative (EDC) — EDC Business Alert- California Venues Grant Program

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Application Window Opens Wednesday, October 29!

The California Venues Grant Program will support eligible independent live events venues that have been affected by COVID-19 in order to support their continued operation. Eligible independent live events venues must have a physical address and operate in California, which will be validated through submitted business tax returns. If your business tax returns do not reference a California address, you will be deemed ineligible. For more information on how to apply CLICK HERE.

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October News from People’s Self-Help Housing

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Fall is here, and the change in season is evident all around. Leaves are falling, cooler breezes are swirling, daylight is shortening, all signs that change is in the air. Our address has changed too, with the opening of our new corporate office in San Luis Obispo. Keep that contact page for us open though, soon we’ll have another change of address, our new corporate office in Ventura County! Other changes this month see the start of construction of new apartments in Pismo Beach, and first-time home owners completing construction on their self-help houses in King City.

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Ventura College Student Angela Duran Obtains Statewide STEM Scholarship

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Ventura College computer science major Angela Duran is one of 11 students statewide to receive a $1,000 scholarship from the Chief Information Systems Officers Association (CISOA), a nonprofit organization supporting technology leadership in the California Community College System. Duran was one of the more than 150 applicants from 31 community college districts who applied for the 2021 CISOA Student Scholarship.

Duran has been supported in her educational goals through the college’s Mathematics, Engineering and Science Achievement (MESA) program, whose mission is to help underserved and underrepresented students be successful in STEM studies and careers.

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Bilingual report — Board of Supervisors Approves $12.7 Million to Fund All Eligible Businesses in Fourth Business Assistance Grant Program

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The Board of Supervisors has approved $12.7 million in additional funding for the County’s Business Assistance Grant program, totaling $70 million in financial assistance. Following an overwhelming response of 1,455 applications in the fourth round of the program, the additional funds will allow nearly 1,100 eligible businesses and nonprofits to receive grants. The Board also authorized $3.7 million in unused program funds from the third round of grants to supplement funding to all eligible businesses and organizations in the fourth round. At the completion of the fourth round, over 7,000 businesses will have received $10,000 in grant funding.  

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Is Ventura County Ready for the WALKtober 5,000 Challenge?

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Oct. 11th, 2021 –This October, the Ventura County community is invited to join the WALKtober 5,000 Challenge. The City Center, Local PODS® Moving & Storage, KVTA, and KCOP are challenging the Ventura County community to join them in a daily 5k run or walk to raise funds for Ventura County homeless children and families. Participants are encouraged to get family or friends to sponsor them and donate via www.gofundme.com/thecitycenter.

 “This is a fantastic opportunity to set some fitness goals while also helping local homeless children,” said Tom Spence of NewsTalk 1590. “No child should be homeless. Ever.”

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Economic Development Collaborative (EDC) — Grant Available for Businesses in Conejo Valley!

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The Conejo Valley Small Business Relief Fund has been established by the Greater Conejo Valley Chamber of Commerce’s Foundation in partnership with the cities of Thousand Oaks, Westlake Village and Agoura Hills. The fund has provided much needed grants to local small businesses as they navigate the financial impacts of COVID-19. The maximum grant is currently $2,500!

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San Luis Obispo presents 2021 Annual Report of the Assessor’s Office

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San Luis Obispo County presents 2021 Annual Report of the Assessor’s Office which provides the latest information regarding the value of property assessed for property tax purposes.

“I want to especially thank the great staff of the San Luis Obispo County Assessor’s Office. With diligence and professionalism the outstanding employees of our office have fairly and equitably assessed the value of all taxable property within the county,” said Tom J. Bordonaro, Jr., County Assessor.

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Economic Development Collaborative (EDC) — Free Weekly Webinar Schedule

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HOW TO DO SOCIAL MEDIA FOR SALES

October 15 @ 12:00 pm

Deborah Deras has spoken to many business owners who say that they hate Social Media because they don’t like using Social Media for personal use or for fun and don’t know the strategy behind Social Media for Sales. Deborah also wrote an eBook “5 Steps to Go From Likes to Sales” and since expanded it to a 7 step system that will help you shift from hating Social Media to Loving it! During this FREE interactive webinar you will discover how to clarify your message so your target market responds to you with a purchase, the SECRET to Social Media success that will cost you zero dollars and much more.

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Economic Development Collaborative (EDC) — CA Small Business COVID-19 Relief Grant Program closes Sept. 30 at 5 p.m.

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Rounds 8 and 9 of the California Small Business COVID-19 Relief Grant Program will be closing September 30th! At this time, there are no other additional rounds planned, so do not miss your last opportunity to submit a completed application.

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Economic Development Collaborative (EDC) — Happy Hispanic Heritage Month

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The Economic Development Collaborative would like to recognize National Hispanic Heritage Month. Each year, Americans observe National Hispanic Heritage Month from September 15 to October 15, by celebrating the histories, cultures and contributions of American citizens whose ancestors came from Spain, Mexico, the Caribbean and Central and South America.

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Rotary Club of Montecito opens applications for 2021 Community Grants Program

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The Rotary Club of Montecito has opened applications for its 2021 community grants program, which awards grants to non-profit organizations located in Santa Barbara County.

Grants range from $1,000 to $1,600 and can be used to fund future projects that help the Santa Barbara County area. The one-page, online application is available at montecitorotary.org. The deadline to apply is Friday, October 8. 

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