loanDepot donates $50,000 to Boys & Girls Clubs of Central Orange Coast and will be title sponsor of Winter Wonderland event

Rhea-AI Summary

loanDepot, the second largest nonbank retail lender in the U.S., has announced a donation of $50,000 to the Boys & Girls Clubs of Central Orange Coast as part of its holiday giving initiative. This donation supports the upcoming 'Winter Wonderland' event, benefiting over 1,000 children with festive activities. The event will take place on December 18, 2021, at four local clubs. Additionally, loanDepot plans to contribute a total of $250,000 to various charities this week, reinforcing its commitment to community support, especially during challenging times.

Positive

• Donation of $50,000 to Boys & Girls Clubs enhances community relations.
• Title sponsorship of 'Winter Wonderland' event showcases corporate social responsibility.
• Total charity contributions of $250,000 this week improve brand perception.

Negative

• None.

FOOTHILL RANCH, Calif., Dec. 1, 2021 /PRNewswire/ -- Continuing its week of giving, loanDepot, the nation's second largest nonbank retail lender, will donate $50,000 to Boys & Girls Clubs of Central Orange Coast (California). As part of the donation, the company will be title sponsor of the Clubs' marquee "Winter Wonderland" event, which impacts more than 1,000 kids by bringing to life the magic of the holiday season through toys, crafts, cookies, hot cocoa and more.

"There's nothing greater than bringing joy to kids over the holiday season, and the Boys & Girls Clubs of Central Orange Coast create a truly magical experience at the Winter Wonderland event for families who may not otherwise have the opportunity," said Nicole Carrillo, EVP and chief accounting officer, loanDepot and board member, Boys & Girls Clubs of Central Orange Coast. "loanDepot's continued support of the Clubs is a reflection on their incredible work helping kids and families in our community reach their full potential and I'm beyond words to see this amplified during the holiday season."

The Winter Wonderland event unfolds December 18, 2021 at four clubs in the region. With loanDepot's headquarters in the area, company executives and team members plan to go above and beyond the donation, by hosting a toy drive and volunteering at the events to help create a magical experience for the kids.

"loanDepot has been a tremendous partner over the years, and it's only fitting that our first Corporate Champion also become the title sponsor of our first in-person Winter Wonderland event since taking a hiatus last year due to the pandemic," said Robert Santana, CEO, Boys & Girls Clubs of Central Orange Coast. "The company truly believes in supporting our community and shares Boys & Girls Clubs' passion for empowering youth to achieve greatness – and we're beyond thankful for their continued support."

loanDepot has a history of supporting Boys & Girls Clubs of Central Orange Coast and was recently named the organization's first ever "Corporate Champion" for the company's dedication and support of youth and families throughout the COVID-19 pandemic. During that time, loanDepot, sprang into action to support the Clubs' efforts providing critical goods, technology and services to the youth and families it serves – along with a full-scale volunteer effort which saw loanDepot executives and team members stepping up with friends and family each week. The Clubs' also benefited from loanDepot's "Home Means Everything" RBI Campaign – which unfolded during Major League Baseball's regular season and League Championship Series presented by loanDepot (ALCS and NLCS).

The $50,000 donation to Boys and Girls Clubs of Central Orange Coast is one of five planned this week by loanDepot to support those who are most vulnerable during the holiday season in the communities where its employees live and work, and beyond. loanDepot will also donate to Second Harvest, United Cerebral Palsy of Orange County, War Heroes On Water and its 501c3 partner Freedom Alliance and Free Wheelchair Mission for a total combined donation of $250,000.

About loanDepot
loanDepot (NYSE: LDI) is a digital commerce company committed to serving its customers throughout the home ownership journey. Since its launch in 2010, loanDepot has revolutionized the mortgage industry with a digital-first approach that makes it easier, faster and less stressful to purchase or refinance a home. Today, as the nation's second largest retail mortgage lender, loanDepot enables customers to achieve the American dream of homeownership through a broad suite of lending and real estate services that simplify one of life's most complex transactions. With headquarters in Southern California and offices nationwide, loanDepot is committed to serving the communities in which its team lives and works through a variety of local, regional and national philanthropic efforts.

About Boys & Girls Clubs of Central Orange Coast
Since its founding, the Boys & Girls Clubs of Central Orange Coast has been a cornerstone of the Costa Mesa, Irvine, Newport Beach, Orange, and Santa Ana communities. They have provided strategic programming, safe space, and quality mentoring to more than 100,000 youth since the first Club in Costa Mesa opened in 1941. The Club works to build a foundation for members to live meaningful, productive lives by equipping them with the skills they need to graduate high school, pursue higher education, and join the workforce. They have been recognized by the Boys & Girls Clubs of America as one of the most innovative in the nation, particularly with their IMPACT Model. While there are many youth-serving organizations in Orange County, none provide youth with the breadth of academic, fitness, and enrichment activities as Boys & Girls Clubs of Central Orange Coast. They are very proactive in fostering relationships with similarly minded nonprofits to serve youth and their families best. All their activities, whether at the Club, a school, or out in the community, are designed to empower youth and build up the protective family and community factors that reduce risks and increase the likelihood of positive outcomes. Our mission is: To ensure every child has mentors and champions in life. For more information, visit www.boysandgirlsclub.com.

Media Contact:
Jonathan Fine
VP, Public Relations
(781) 248-3963
jfine@loandepot.com

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SOURCE loanDepot, Inc.

FAQ

What is the donation amount loanDepot made to the Boys & Girls Clubs of Central Orange Coast?

loanDepot donated $50,000 to the Boys & Girls Clubs of Central Orange Coast.

When is the Winter Wonderland event sponsored by loanDepot?

The Winter Wonderland event sponsored by loanDepot is scheduled for December 18, 2021.

What total amount is loanDepot donating to charity this week?

loanDepot is contributing a total of $250,000 to various charities this week.

How does loanDepot support the community through its initiatives?

loanDepot supports the community through donations and volunteering at local events.

What is loanDepot's role with the Boys & Girls Clubs of Central Orange Coast?

loanDepot is the title sponsor of the Boys & Girls Clubs' 'Winter Wonderland' event and was named their first Corporate Champion.