OAKLAND, Calif., Nov. 19 /PRNewswire-FirstCall/ -- Comerica Inc. today announced two grants totaling $20,000 to Lincoln Elementary School in Oakland. The grants will enable the award-winning school to restore after-school programs that had been the victim of city budget cuts.
(Logo: http://www.newscom.com/cgi-bin/prnh/20010807/CMALOGO)
"This generous gift from Comerica means that many of our children with working parents will be able to have a safe, enriching after-school experience," said John Melvin, principal at Lincoln Elementary School, recognized last year as a California Distinguished School.
A $10,000 grant from the Comerica Foundation and a second $10,000 grant from Comerica Bank, both subsidiaries of Dallas-based Comerica Inc., were to be announced Nov. 19 at a parents' meeting at the school, located at 225 11th Street, in Oakland. The money will be used to fund two after-school enrichment programs. The two school programs are the Oakland's Parks and Recreation Department (PASSPORT), serving first and second graders and OASES (Oakland Asian Students Educational Services), serving third- through fifth graders.
"It is a privilege to be partnering with such a distinguished educational program as the one at Lincoln Elementary," said Danny Yuen, manager of the Comerica Bank banking center in downtown Oakland. The bank opened its Oakland office at 1200 Broadway in August, and is to open another office in San Leandro on Nov. 21. "Comerica Bank is committed to giving back to the communities where we have offices, and I couldn't think of a more deserving program than the after-school programs at Lincoln Elementary, right here in our neighborhood. These students, their parents, and the Lincoln staff are truly an inspiration for us all."
Lincoln Elementary, founded 143 years ago, is located in Oakland's Chinatown, and approximately 90 percent of its 585 students are Chinese-American, said Melvin.
For interviews and feature stories at Lincoln Elementary School, contact the school office at 510-879-1330, and ask for Angela Aquino or John Melvin.
About Lincoln Elementary School
Founded in 1865 as the Alice Street School, Lincoln Elementary serves 585 students from the Chinatown area of Oakland, and is part of the Oakland Unified School District. Located at 225 11th Street, it was named a California Distinguished School in 2008. Its principal is John Melvin. For more information, go to http://tlc.ousd.k12.ca.us/lincoln.
About Comerica Bank
Comerica Bank is a subsidiary of Comerica Incorporated (NYSE: CMA), a Dallas-based company strategically aligned into three major business segments: the Business Bank, the Retail Bank, and Wealth & Institutional Management. Comerica focuses on relationships and helping businesses and people be successful. In addition to Arizona and California, Comerica Bank locations can be found in Florida, Michigan and Texas, with select businesses operating in several other states, Canada, China and Mexico. Comerica reported total assets of $66 billion at June 30, 2008. To receive e-mail alerts of breaking Comerica news, go to http://www.comerica.com/newsalerts. (Or, for more information, go to http://www.comerica.com/.)
Photo: NewsCom: http://www.newscom.com/cgi-bin/prnh/20010807/CMALOGOSOURCE: Comerica Inc.
CONTACT: Angela Aquino of Lincoln Elementary School, +1-510-879-1330,
angela.aquino@ousd.k12.ca.us; or Barry Holtzclaw of Comerica Inc., cell,
+1-831-246-0648, bholtzclaw@comerica.com
Web site: http://www.comerica.com/
http://tlc.ousd.k12.ca.us/lincoln
