From left: WIB Secretary Nona Randois, Wells Fargo Representative Byron Reed, WIB Treasurer Patricia Perez, City of Los Angeles Mayor Villaraigosa, Community Development Department General Manager Richard Benbow (top), Workforce Investment Board Chair Charles Woo, and Youth Council Chair David Crippens
Wells Fargo Bank Honors City with $125,000 Donation for 2011 Hire LA’s Youth Initiative
Sentinel News Service
Funds will provide 62 Summer Jobs to Disadvantaged Youth from South Los Angeles through the LA Urban League.
Mayor Antonio Villaraigosa of the City of Los Angeles made a visit to the Annual Joint Meeting of the City’s Workforce Investment Board (WIB) and its Youth Council on July 20, 2011 at the City’s Expo Center.
After a series of presentations detailed the nation’s current economic crisis and its effects on the City of Los Angeles, the meeting turned its attention toward Wells Fargo Bank Community Development Chair Byron Reed and Mayor Villaraigosa for a surprising pronouncement of good news.
Wells Fargo Bank presented a generous donation of $125,000 to Mayor Villaraigosa and the Workforce Investment Board, which will then be allocated to the South Los Angeles OneSource Youth Center. The Center, operated by the Los Angeles Urban League, serves people between the ages of 14 and 24 in South Los Angeles. Young people who visit the South LA Center enroll in classes in employment and work readiness and computer training; some also receive career guidance and counseling.
Wells Fargo Bank’s donation will place 62 youth from South Los Angeles in paid summer jobs in the City.
This is the second year Wells Fargo Bank has donated to the HIRE LA’s Youth program. In 2010, the corporation gave $125,000 for summer youth internships and a youth hiring campaign targeted at major businesses. As an original corporate partner of HIRE LA’s Youth Initiative, Wells Fargo has been operating a robust management-training internship program that has led to permanent employment opportunities for youth in the financial services sector.
“Wells Fargo is excited to partner with the Mayor to support the HIRE LA’s internship program,” said Byron Reed, head of Wells Fargo Bank’s Community Development division in Greater Los Angeles. “Wells Fargo has sponsored HIRE LA since its inception and this summer hired 11 interns from the program to work in a variety of positions in Greater Los Angeles. We wholeheartedly encourage the business community in Los Angeles to support HIRE LA, and we challenge local companies to hire at least one intern this summer.”
“I know how important that first job can be,” Mayor Villaraigosa said. “This donation will make a direct impact on the lives of 62 young people.”
After congratulating the HIRE LA’s Youth Initiative and Mayor Villaraigosa, Reed presented a symbolic check to Workforce Investment Board.