LOS ANGELES, Oct. 29, 2001 (PRIMEZONE) -- United Way of Greater Los Angeles, the region's largest private funder of health and human services, announced today a donation of $5 million from Mr. and Mrs. Eli & Edythe L. Broad. This donation marks the largest individual contribution to any United Way in California, and sets an example for all Californians to give to organizations like the United Way to help make a difference in the community.
At a recognition reception today at Los Angeles City Hall, the United Way of Greater Los Angeles and Board of Directors recognized the largest donation by an individual and named Mr. and Mrs. Eli and Edythe L. Broad "California Philanthropists of the Year," the organization's most prestigious honor.
As a renowned leader and generous supporter of the Los Angeles business and cultural community, Mr. Broad said, "I support the United Way because I believe in leading by example. When the United Way comes calling, those with the ability must answer. In the aftermath of September 11, we need to address our immediate security needs as well as serve the vital needs of our community and nation. That's the mission of the United Way. Their work will strengthen our nation today and tomorrow."
"We are grateful for the Broad's continued support," said Dominic Ng, 2001 campaign chairman, United Way of Greater Los Angeles, East West Bancorp chairman, president and CEO. "With local needs at an all-time high after recent events, the Broad's commitment to the city of Los Angeles will help lead our funding campaign to a successful future."
United Way of Greater Los Angeles' donors help nearly 4,000,000 people every year in L.A. County. By examining the trends with community leaders and donors, United Way has shaped a vision for the future around three of the most pressing issues affecting the quality of life in Los Angeles County. They are: Learning for Living (Educational Attainment), Bridging the Gap to Self-Sufficiency (Economic Empowerment), and Building Healthy Communities (Health & Safety). For more information on the United Way, visit www.unitedwayla.org.