Introduction

Cerritos College Foundation Adds Two New Scholarships

Cerritos College Foundation Adds Two New Scholarships


Pictured from left to right, Fawad Saif, senior manager of Habib American Bank; Saleem Iqbal, chief operating officer of Habib American Bank; and Nick Hoogmoed, foundation board president

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Scholarship Awards Enabled by Significant Donations Totaling $40K

For Immediate Release: August 10, 2004

Event Contact: Janice Cole, Cerritos College Foundation; (562) 860-2451, ext. 2526, ude.s1576442288otirr1576442288ec@el1576442288ocj1576442288email link

Media Contact: Kristen Habbestad,
Public Affairs; (562) 860-2451, ext. 2287, ude.s1576442288otirr1576442288ec@da1576442288tsebb1576442288ahk1576442288

NORWALK, CA – August 10, 2004 – The Cerritos College Foundation has two new scholarships available
to award students, thanks to Habib American Bank and a private donation in honor of
Dr. Jeanine M.T. Yang for students gaining skills at the college for a career in business
or the automotive industry. Habib American Bank will give $20,000 in support of Cerritos
College students through four scholarships of $1,000 each awarded every year for five
years. The first scholarships will be awarded in September to qualified students who
are declared business majors, have a grade point average of 3.0 and above, and who
have completed a minimum of 12 units at Cerritos College.

“The foundation board is delighted at the support the college’s business students
will received from Habib American Bank,” said Nick Hoogmoed, Foundation president.

During the foundation’s July board meeting, the bank’s Chief Operating Officer Saleem
Iqbal and Senior Manager Fawad Saif presented Hoogmoed with a $20,000 check. Habib
American bank is chartered out of New York City has a local presence through its branch
in Artesia. The institution’s two other branches are located in New York and New Jersey.

Additionally, the foundation will also offer a new scholarship established in memory
of Dr. Jeanine M.T. Yang, a community college professor originally from mainland China
who had a great love for education. This scholarship was arranged by Peter Leutheuser,
Yang’s longtime friend and executor of her estate. Leutheuser is also the brother
of Todd Leutheuser, executive director of the Southland Motor Car Dealers Association
and foundation board member.

The Dr. Jeanine M. T. Yang Scholarship will award $2,000 each year for 10 years to
promising students in the automotive department at Cerritos College.

“We’re very grateful for the vision and thoughtfulness put forth on the part of Dr.
Yang’s family and close friends,” said Hoogmoed. “In establishing this scholarship,
they will enable several students to achieve even more than they ever thought they
could.”

The Cerritos College Foundation, a non-profit organization, serves as a charitable
vehicle for the community, individuals and alumni, to assist with financial support of Cerritos College beyond
that which state funding supports. Visit the Foundation online at www.cerritoscf.org.

For nearly 50 years, Cerritos College has served as a comprehensive community college
for southeastern Los Angeles County communities including Artesia, Bellflower, Cerritos,
Downey, Hawaiian Gardens, Lakewood, La Mirada and Norwalk. The college offers degrees
and certificates in more than 180 areas of study in nine divisions. Annually, more
than 1,200 students successfully complete their course of studies, and enrollment
currently surpasses 24,000 students. Visit Cerritos College online at www.cerritos.edu.