PORTLAND, Ore.--(BUSINESS WIRE)--Aug. 1, 2003--Washington Mutual
has recently announced $310,750 in grant funding to various nonprofit
organizations serving Oregon. Examples of grants include:
-- Care to Share, Beaverton, $5,000. This grant supports the
nonprofit's efforts to provide services to low-income families
in Washington County.
-- Oregon Mentors, Portland. $10,000. The funding provides
general operating support for the youth mentoring initiative.
-- E3: Employers for Education Excellence, Portland, $50,000.
This grant supports a community program to improve public
-- Enterprise Foundation, Portland, $50,000. Funding supports
efforts to build long-term affordable housing.
-- Oregon Children's Theatre, Portland, $2,500. Funding is to be
used for a teacher training program.
-- Oregon Library Association, Salem, $3,500. Grant monies
support the library's summer reading program.
-- Portland Housing Center, Portland, $15,000. The grant funding
supports the center's efforts to increase homeownership
opportunities for low-to-moderate income families.
-- REACH Community Development, Portland, $22,500. The grant
provides general operating support as well as funding for the
nonprofit's "paint-a-thon" and annual donor luncheon.
-- Rogue Valley Symphony, Ashland, $3,500. Funding supports the
symphony's public school programs.
-- Teacher Standards and Practices Commission, Roseburg, $7,500.
The grant supports the commission's professional certification
-- Umpqua Community Action Network, Roseburg, $7,500. Funding
from this grant supports the network's affordable housing
"Washington Mutual's contributions demonstrate the depth of our
support for local communities and our desire to enrich the lives of
those who live in the areas where we do business," said Ken Leander,
senior vice president and consumer bank group manager for Oregon and
southwest, central and eastern Washington.
Through its 10-year, $375 billion community commitment, Washington
Mutual has pledged to make resources available to promote economic
development, home ownership within low- and moderate-income
neighborhoods and to develop innovative outreach programs targeting
K-12 public education.
With a history dating back to 1889, Washington Mutual is a
retailer of financial services that provides a diversified line of
products and services to consumers and small businesses. At June 30,
2003, Washington Mutual and its subsidiaries had consolidated assets
of $283.20 billion. Washington Mutual currently operates more than
2,650 consumer banking, mortgage lending, commercial banking, consumer
finance and financial services offices throughout the nation.
Washington Mutual's press releases are available at www.wamu.com.
CONTACT: Washington Mutual
Mary Kelley, 206-377-6878
SOURCE: Washington Mutual