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OneWest Foundation Awards Generous Community Grant to Cedars-Sinai Medical Center in Los Angeles

Los Angeles - Feb. 2, 2010 – OneWest Foundation, a part of OneWest Bank, has awarded a $300,000 grant to support Cedars-Sinai Medical Center’s Community Outreach Assistance for Children’s Health – COACH for Kids and Their Families®. The grant will fund the delivery of free, high-quality health care in a mobile medical clinic that reaches out to underserved children and their families in Los Angeles.

“Cedars-Sinai values collaborative partnerships with stakeholders who share our commitment for enhancing the lives of children residing in medically underserved communities,” said Thomas M. Priselac, president and CEO of Cedars-Sinai Medical Center. “We welcome the opportunity to work closely with OneWest Bank in improving access to a regular, sustainable source of quality health care.”

The OneWest Foundation partnership expands the medical center’s capacity to deliver direct, sustained, coordinated health services in a setting that is both family-centered and culturally sensitive to a diverse community.

“We are proud to support this important program that brings health care into the communities,” said Steven T. Mnuchin, chairman of OneWest Foundation and OneWest Bank. Launched in 1994, the COACH mobile medical clinic on wheels has provided more than 250,000 patient visits to over 100,000 children and their families. The program also collaborates with 200 public and private community organizations to help families make long-term lifestyle changes. These changes are designed to promote better environments that will enable children to grow and reach their full potential. Counseling, parenting education classes and support groups, mental health and children's groups, and youth services are provided along with referrals for housing and job training and placement.

The OneWest Foundation grant will help eliminate financial and transportation barriers to health care for families and children in communities with high rates of poverty and poor health conditions.

OneWest Foundation is a nonprofit public benefit corporation established in 2009 with a $10 million contribution from OneWest Bank, FSB. OneWest Foundation priorities include the provision of affordable housing, health care, education, and financial literacy, as well as other important community development efforts that develop, stabilize or rehabilitate underserved communities. OneWest Bank, FSB is a regional bank focused on delivering personalized, relationship-based banking to its customers.

For more information about COACH for Kids and Their Families services, please click here.