Compiled by Kelly Ryan
Pimco Chief, Others Spend Evening at Orangewood
Newport Beach-based Pacific Investment Management Co.’s co-chief executive, Bill Thompson, and about 20 others from the bond fund manager spent an evening with foster children as part of a program with Orangewood Pals, a support group for Orangewood Children’s Home in Orange.
Thompson spoke to about 100 kids ages 5 to 17. After that, he and others from Pimco broke into groups to spend time at crafts, eating ice cream, playing basketball, giving manicures and playing games.
Thompson, whose company manages bonds worth more than $800 billion, talked about his job.
“What do you think a CEO worries about?” he asked the kids.
Don’t be lazy, don’t be late and make money were some of the answers.
“I worry about those things,” Thompson said. “But I worry most that we make sure we follow the rules, we do things right so people believe in us. People are going to give us their money and pay us to make that money get bigger. They have to trust us.”
Thompson also fielded questions.
“Do you need to wear clean clothes to work that are not ripped?” a 9-year-old asked.
Orangewood Pals members raise money and donate time to help Orangewood Children’s Foundation, which runs Orangewood Children’s Home for abused, neglected or abandoned kids.
,
Dan Beighley
The county of Orange staff and officials raised $699,295 at their fundraising campaign for the Orange County United Way. The donations support programs and partnerships that help families achieve self-sufficiency. The county had 5,100 employees who participated in the fundraising. The money was donated at a leadership breakfast, rallies, a golf tournament and picnics.
The Outdoor Education Center in Orange received an anonymous donation of $750,000. The money was used to install a 1,800-square-foot mine shaft. The shaft is part of the center’s mining camp curriculum. It allows visitors to dig tunnels and unearth minerals.
The Orange County Community Foundation raised $740,000 with the Orange County Register Charities and its Season of Caring campaign. Money raised was given to 20 agencies that serve the elderly, homeless and hungry. Register Charities underwrote administrative expenses.
The Newport Beach Public Library Foundation gave $293,000 to the Newport Beach Public Library and its programs. The donation will be used to expand the library collection and to pay for a new integrated library system set for July. Since 2004, the foundation has donated $1.8 million to the library.
The Garden Grove Strawberry Festival board of directors distributed $110,163 to 17 nonprofits. The donations ranged from $700 to $20,000. The money went toward computers and electronic equipment, baby supplies and kitchen equipment.
The Wachovia Foundation donated $100,000 to the Dana Point Ocean Institute. The money will benefit the institute’s Adopt-a-Class programs. These programs introduce students to the ocean and science.
McCarthy Building Cos. in Newport Beach and Costa Mesa’s Westcoast Roof Consulting volunteered to reconstruct the roof at the Laguna Beach Community Clinic. They donated $35,000 in construction materials and services.
Irvine Valley College received $10,000 from AT & T; Inc. The money will be used to provide scholarships and other educational services.
Children’s Hospital of Orange County received $5,000 and 2,000 stuffed bears from Build-A-Bear Workshop at Downtown Disney. Build-A-Bear raised money by selling special bear-sized CHOC Walk T-shirts. The donated bears went to the CHOC emergency transport services team.
