A Newport Beach-based global investment firm has reached into its pockets and donated $25,000 to a charter high school in Santa Ana for at-risk students.
Employees at Pacific Investment Management Co. (PIMCO), which employs 1,300 worldwide, have volunteered their time and skills to teach the students about the art of managing their money.
The special class at the charter school, Olive Crest's NOVA Academy Early College High School, is called "Tools for Tomorrow."
PIMCO's display of generosity took place on Friday, when 22 seniors, decked in caps and gowns, graduated from the high school.
"We've been extraordinarily impressed with the work being done at the academy to educate, motivate and inspire at-risk students," said Mark Porterfield, the investment firm's executive vice president. "The students go on to lead productive and thoughtful lives."
Each year the firm donates money to a variety of nonprofits. PIMCO rewards organizations like Olive Crest, which serves abused children, saying that hard work in "creating better communities and improving the quality of life" is not going unnoticed.