United Way of Greater Los Angeles Awards MAOF Grant


United Way of Greater Los Angeles Awards MAOF $54,250 Grant

To Promote Financial Stability and Asset BuildingIn the Latino Community

October 8, 2014:   United Way of Greater Los Angeles has awarded the Montebello-based Mexican American Opportunity Foundation (MAOF) a $54,250 grant to provide a Financial Stability and Asset building Program within the Southern California Latino Community. This one-year agreement covers the period from July 1, 2014 to June 30, 2015.

With this grant, MAOF will provide 200 low-income individuals/families with financial stability services, such as individual coaching, savings programs, and VITA (Volunteer Income Tax Assistance).  In addition, 135 individuals/families will demonstrate improved financial stability, by an increase in personal savings, reduction of debt, and improvement of credit scores.    Finally, MAOF has agreed to provide services to 115 families with children in middle school with financial stability services through their participation in financial education workshops.
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Coca Cola Selects MAOF as Community Partner

imageuclaLong-time corporate partner Coca Cola selected MAOF as its non-profit partner through their sponsorship at Saturday’s UCLA game at the Rose Bowl.

As coca Cola’s community partner, MAOF received 40 tickets to the football game and numerous clients as well as staff attended the football game at no cost. In addition, MAOF President & CEO Martin Castro as well as board members Ernesto Morales, Fernando de Necochea and Victor Ramirez attended the game.

MAOF CEO Martin Castro was interviewed at half-time by the Bruin Radio Network and described the many programs offered at MAOF to the community. Thanks to Nancy Limon, Public Affairs and Communication with the Coca Cola Company for selecting MAOF as its community partner.

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Edward James Olmos gets inducted into MAOF’s Hall of Fame

DSC_0023Edward James Olmos, highly successful actor-director, activist and environmentalist, was inducted into the  Mexican American Opportunity Foundation (MAOF) Hall of Fame, September 5th, 2014, at the MAOF Headquarters in Montebello. Olmos has long been an icon and a staunch advocate of the Latino community.

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MAOF Board Member, Victor Ramirez, Pays It Forward Through Service and Education

Victor Ramirez (left) and Jessie Mosqueda (right), Vice Presidents of Community Development at Citi, lead a "Financial Soccer" workshop at MAOF's Commerce office.

Victor Ramirez (left) and Jessie Mosqueda (right), Vice Presidents of Community Development at Citi, lead a “Financial Soccer” workshop at MAOF’s Commerce office.

Victor Ramirez lives his life paying it forward. For the Citi executive, who joined the MAOF Board of Directors a year ago and leads Citi’s Community Development efforts in the Los Angeles area, community service is a way of life. “There is no better way to serve than by giving my time and sharing my knowledge to help my community the way it helped me when I was growing up in Los Angeles,” he says. Read More

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MAOF to Bring Social Loan Program to Latino Families

LC-Credit-HeaderMexican American Opportunity Foundation has joined a network of national nonprofit providers to offer the award-winning social loan program, Lending Circles, managed by the San Francisco based nonprofit, Mission Asset Fund (MAF). The program helps build credit scores and savings for a diverse group of low-income individuals, including entrepreneurs and small business owners, immigrants, aspiring citizens, undocumented youth applying for DACA, students, and families. Participants in the program will be able to access zero-interest, zero-fee loans, financial education and improved credit scores. Read More

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