Enterprise Bank & Trust Presents Annual Endowment To Los Alamos Community Foundation
LOS ALAMOS – Enterprise Bank & Trust recently presented the Los Alamos Community Foundation with a second $50,000 check to benefit the Foundation’s Enterprise Endowment Fund matching gift campaign.
In 2019, Enterprise pledged to contribute up to $50,000 per year for three years to create an endowment to benefit nonprofits in Los Alamos. This pledge is a matching challenge, which matches dollar-for-dollar public contributions that are made to the endowment. The Los Alamos Community Foundation raised $100,000 in 24 months from community members, successfully meeting the matching campaign goal for a total Enterprise Bank & Trust Endowment currently valued at $200,000.
The Foundation uses earnings from the endowment to make grants to nonprofits in Los Alamos County. This spring, grants were awarded to nonprofits to support projects that improve their organization’s long-term financial health.
“We are grateful to everyone in the community who has helped us meet this challenge,” said David Izraelevitz, President of the Los Alamos Community Foundation. “We look forward to making grants to nonprofits in Los Alamos through this endowment for years to come.”
As part of the 2019 commitment, Enterprise made a collective investment of nearly half a million dollars to seven New Mexico nonprofit organizations through the Enterprise Bank & Trust Foundation. This commitment provides resources directly to the Los Alamos, Santa Fe and Albuquerque communities over three years. The contributions fund new or expanded facilities, enhanced programming and access to additional resources for their New Mexico markets.
“We are proud of our partnership with Los Alamos Community Foundation and happy to support them financially, support that will ultimately fund our regional nonprofit partners whose programming is critical to our communities,” said Liddie Martinez, Enterprise President – Los Alamos Region. “Enterprise is a dedicated community partner, and we are delivering on our promise to strengthen the well-being of our regional communities,” Martinez added.
About Enterprise Bank & Trust
Enterprise Bank & Trust is a growing financial services partner focused on guiding people to a lifetime of financial success. We empower privately held businesses to succeed, helping families to secure their financial futures, and invest to advance the quality of life for the communities we serve. Enterprise is built on trusted, personal relationships and offers a range of business and personal banking services, wealth management services and a variety of specialized banking services. Enterprise Financial Services Corp (NASDAQ: EFSC), with approximately $12.7 billion in assets, is a bank holding company headquartered in Clayton, Missouri. Enterprise Bank & Trust operates 47 branch offices in Arizona, California, Kansas, Missouri, Nevada and New Mexico, and SBA loan and deposit production offices in Arizona, California, Colorado, Illinois, Indiana, Massachusetts, Michigan, Nevada, Ohio, Oregon, Texas, Utah and Washington. Additional information is available at www.enterprisebank.com. Member FDIC.
About Los Alamos Community Foundation
Established in 2015, the focus of the Los Alamos Community Foundation is to build enduring philanthropy to empower our community’s nonprofit organizations. The Los Alamos Community Foundation currently stewards eleven local endowed funds and has total assets of more than $800,000. For more information about the Los Alamos Community Foundation, visit www.losalamoscf.org.