In late 2011, Montecito Bank & Trust awarded 159 nonprofit organizations from Santa Barbara and Ventura Counties a total of $1,000,000 to help them continue their good work. Habitat for Humanity of Ventura County received a generous gift of $4,000 to support programs serving low- and moderate-income individuals and families in Ventura County.
About Montecito Bank & Trust.
Community Dividends® is a unique Montecito Bank & Trust program that has annually awarded $1 million dollars to over 150 nonprofits since 2003. The Community Dividends program focuses on supporting organizations or programs within organizations which primarily serve low- and moderate-income individuals and families in Santa Barbara and Ventura counties. Organizations with missions that serve the arts, education, social welfare, and medical and health services sectors will also be considered.
This special gifting program occurs at Thanksgiving time when many nonprofits face a budget shortfall. Nonprofits must be 501(c)(3) designated organizations to qualify for an award. One individual from each recipient nonprofit organization is invited to a fun filled luncheon, giving these hard working individuals a chance to be together and receive their organization’s award. It is truly one of the most special days of the year for Montecito Bank & Trust associates.