Editorial: Big banks commit to local communities
Rabobank announced an investment of $1 million into a small-business loan fund run by the Economic Development Collaborative of Ventura County and Union Bank unveiled a multimillion-dollar investment that allowed the Channel Islands YMCA to return the nonprofit’s regional headquarters to downtown Santa Barbara.
Read More →Kavli remembered: Physicist employed thousands, gifted millions
Born in Norway, Kavli made his way to the United States after World War II to pursue physics and expand on his lifelong entrepreneurial streak. In the late 1950s, he founded Kavlico Corp., a Moorpark-based maker of advanced sensors for cars and aircraft. He also invested in real estate for more than 50 years.
Read More →Philanthropist Fred Kavli dies at 86
Fred Kavli, a Norwegian-born entrepreneur, scientist and philanthropist who created thousands of jobs and gave millions for the study of theoretical physics, died at his home in Santa Barbara on Nov. 21. He founded KavliCo Corp., a Moorpark-based maker of advanced sensors for cars and aircraft. He also invested in real estate for more than 50 years.
Read More →Elings named top philanthropist
A colon cancer diagnosis at age 67 prompted retired UC Santa Barbara Physics Professor Virgil Elings to underwrite the cost of free colonoscopies for residents of the South Coast who cannot afford them or don’t have insurance coverage. And that spontaneous gift to the community was honored Nov. 14 as Elings was named Philanthropist of Read More →
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2015-2016 Giving Guide
