Univest Corporation Announces First Quarter "Committed to Local" Charitable Giving Donations Totaling $172,500
Univest Plans to Contribute More than $1 Million to Local
Nonprofits in 2012
SOUDERTON, Pa., March 27,
2012 - Univest Corporation of Pennsylvania (NASDAQ:
UVSP), parent company of Univest Bank and Trust
Co.SM, a full service financial institution with more
than 135 years of experience in delivering financial solutions,
launched its "Committed to Local" giving campaign - the initiative
announced last fall to invest an additional $100,000 in 2012 to
advance the missions of local nonprofit organizations and help make
a difference in the lives of individuals in need right here in our
neighborhoods. The announcement and first round of charitable
donations was made at a press conference held today at the Central
Bucks Family YMCA in Doylestown, Pa.
Univest Bank and Trust Co.SM's president and chief
executive officer K. Leon Moyer explained at the conference how the
initiative was developed after Univest saw increased requests for
financial support coming from the nonprofit community as the
prolonged tough economic cycle brought increased challenges to many
"Nonprofits locally are losing funding streams at the same time
the demand for services increases,' said Moyer. "While Univest has
always supported the communities in which we serve, 'Committed to
Local' is our way of responding to the growing needs this economic
climate has brought to our local community. We are proud to be in a
position to step up, increase our investment and partner with
various nonprofits to make a positive difference in the lives of
those in need."
Through the "Committed to Local" giving program, Univest is
partnering with nonprofit organizations that focus on youth
education and wellness development. During the first quarter of
2012, Univest partnered with 30 nonprofit organizations tied to
these two areas and contributed $172,500, approximately a 35%
increase over the first quarter of last year.
Five benefiting Bucks County nonprofit organizations joined
Univest at the event, including the host of the conference - the
Central Bucks Family YMCA, the Ann Silverman Community Health
Clinic, CB Cares, Quakertown Christian School and Delaware Valley
College. Administrators, executive directors, staff and teens
benefitting from the support in attendance represented
approximately $66,000 of the donations, a significant portion of
the overall "Committed to Local" support from Univest Corporation
during the first quarter. The support will help their nonprofit
organizations fund new programs, keep existing programs running,
offer scholarships and provide needed medical services for
Perhaps the "Committed to Local" program can also be described
as providing opportunities, as the funds Univest has made available
to support programs such as the 7th grade free membership program
at the Central Bucks Family YMCA are positively impacting
"The free 7th Grade Membership makes accessible the support and
opportunities that empower youth to reach their personal potential
and live life to the fullest through healthy and responsible
choices," said Zane Moore, president and CEO of the Central Bucks
Family YMCA. "It is during these critical early teen years that
young people begin to experiment with their independence. We not
only want to be there at this time of need, but also to provide
these students with the knowledge, skills, character, and passion
to be more active in the community as adults."
It is insightful to learn of the impacts these programs have
from the leadership teams, but it is even more meaningful when you
learn of the difference services make from individuals actually
using the programs.
"I love being a part of the YMCA and having a chance to meet new
friends from other schools," said Carmen Navia, the current teen
leader at the Central Bucks Family YMCA. "The 7th grade initiative
and the overall program tailored to the needs of teens at the YMCA
provide amazing opportunities to many children who can't afford
memberships. On behalf of the 7th graders in our program, I'd like
to thank Zane and everyone involved in making this possible."
In addition to announcing its initial support through "Committed
to Local," Univest also highlighted its overall philanthropic
commitment to contribute financially just over $1 million to the
local community and volunteer more than 10,000 hours to area
nonprofits. In addition to selecting organizations and distributing
funds through their traditional process, Univest is allowing the
community to participate in a new way.
Univest is giving the community a chance to vote on their
favorite nonprofit each quarter through a Facebook poll, which can
be found on their corporate Facebook page at www.facebook.com/univestcorporation.
Each quarter, Univest will identify a few local organizations tied
to youth education and wellness development and allow all "friends"
of Univest Corporation to vote for the winner. The first quarter
poll includes area community colleges including Bucks County,
Montgomery County and Lehigh-Carbon County colleges. The poll will
be live by 5:00 p.m. on Tuesday, March 27 and continue through
Sunday, April 15. The organization with the most votes will win
$1,000 from Univest.
"We take our role as a corporate citizen seriously," said
William S. Aichele, chairman, president and chief executive officer
of Univest Corporation, who also was in attendance. "Like many
businesses, Univest has a mission statement and a core value that
focuses on community. While many corporations print these words,
our 'Committed to Local' program is an example of how we live them
out every day. Our mission and our core values aren't just
statements. Together with our employees, we embrace the vision of
what these guiding principles mean and what they can do for the
future success of our communities."
If registered 501(c) 3 organizations are interested in applying
for support from Univest's "Committed to Local" program,
applications can be found at https://www.univest.net/online_univest_support.aspx.
While Univest's "Committed to Local" initiative focuses solely on
support for youth education and wellness development, Univest's
overall philanthropic program also includes support to nonprofit
and civic organizations operating in the areas of arts and culture.
For more information, please contact Kim Detwiler, senior vice
president of corporate communications at 215-721-8396 or email.
Headquartered in Souderton, Pa., Univest Corporation of
Pennsylvania (www.univest.net) and its subsidiaries serve
the financial needs of residents, businesses, and nonprofit
organizations in Bucks, Chester, Montgomery and Lehigh counties.
For more information on Univest Corporation of Pennsylvania and its
subsidiaries, please visit www.univest.net.