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Women of Tomorrow Selected As Recipient For The ESB Gives Back Program

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By Dindy Yokel

ESPÍRITO SANTO BANK HONORS FOUR MIAMI CHARITIES
41st Anniversary Celebration & Bank Donates $41,000 to Four Organizations

MIAMI, FL (July 16, 2014) –Espírito Santo Bank announces the recipients of its second annual ESB Gives Back program: the Boys & Girls Club of Miami-Dade, the New World Symphony, the Overtown Youth Center and the Women of Tomorrow Mentor & Scholarship Program.  In honor of its 41st Anniversary, Espírito Santo Bank is once again celebrating four Miami charities with grants of $10,250 each (for a total of $41,000) to be awarded to the organizations in July 2014.

“We live and work in Miami and believe in giving back to the community that supports us,” says G. Frederick Reinhardt, Chairman & CEO Espírito Santo Bank.  “Last year the bank inaugurated this program and our committee selected Ashoka Youth Ventures, the Academy of Finance, the Lotus House Shelter, and The Humane Society of Greater Miami as the organizations that provided outstanding services to the communities they serve in Miami,” continued Reinhardt.

Employees of the bank were invited to nominate two of the four recipients and Miami residents were invited to nominate two organizations.  The applications were culled and reviewed by a committee at the Espírito Santo Bank based on a set of criteria including need, allocation of financial donations to services versus overhead, dedication to serving Miami, and alignment with the bank’s existing philanthropic programs.  The grantees are to be announced on the bank’s website in July 2014.

“This year we received an increase in nominations by 20% which means we are reaching a wider audience with our grant news.  We received a wide range of nominations for homeless shelters, food banks, educational groups, women’s shelters, GBLT organizations, arts organizations and more.  Each highly qualified to receive sponsorship from us and each accompanied by a compelling nomination,” says Reinhardt.
The Recipients:
Boys & Girls Clubs of Miami-Dade – according to the organization, their mission is to enable all young people to reach their full potential as productive, caring, and responsible citizens by providing the highest quality educational & recreational activities.  Year-round after-school, summer and athletic programs serve youth, ages 5-16 years old through initiatives and programs designed to inspire and enable young people and provide them with the resources to succeed.

New World Symphony – Founded in 1987 by Michael Tilson Thomas and Ted Arison, the New World Symphony (NWS) is an orchestral academy that offers postgraduate fellowships and has launched the careers of more than 900 musicians.  In a competitive annual process, NWS selects 30 young musicians from among 1,200 applicants.  Fellowships are awarded on a season-to-season basis for up to three seasons and include a weekly stipend; a grant for relocation assistance; instrument loans; and free private accommodations at furnished apartments in nearby NWS-owned residences.

Overtown Youth Center – In January 2003, former Miami Heat basketball player Alonzo Mourning and real estate magnate Martin Z. Margulies, joined forces to establish the Overtown Youth Center (OYC).  The organization provides young people and their families with a safe place to enhance academic skills, pursue positive extracurricular activities, receive health and nutrition services, and develop the pro-social behaviors necessary to lead productive and successful lives.

Women of Tomorrow Mentor & Scholarship Program – founded in 1997 by television journalist and author Jennifer Valoppi and former Telemundo Network president Don Browne, Women of Tomorrow addresses the needs of teenage girls most at risk of failure.  Responding to research showing that girls often lack access to mentoring and support more available to boys, our founders aimed to address the problem head-on, giving at-risk girls the skills, knowledge, and experiences they need to succeed in school and careers.  The program was born out of the belief that caring professional women sharing their knowledge, expertise, and support with at-risk girls can be the catalyst for success – allowing them to find the strength and determination to transform their lives despite the obstacles stacked against them.

“Our engagement with these four organizations will not end with the presentation of a check,” says Reinhardt.  “The goal is to develop ongoing relationships with these charities both on a corporate level and among our employees,” continues Reinhardt.

Florida Chartered since 1973, Espírito Santo Bank provides wealth management and personal/corporate banking services, residential/commercial real estate lending and trade finance services to domestic and international individuals, institutions, and corporate clients.  A team of multi-lingual and multi-cultural Financial Advisors and Product Specialists – experienced in the United States and international markets – customize strategies for clients to meet their desired financial positions.  For additional information please visit the website at http://www.esbf.com.