$5.3 Million Committed for 2008

Newport Beach, Calif. – (Jan. 29, 2008) – Over 200 nonprofit agencies joined in an early evening reception on Monday celebrating the Pacific Life Foundation’ s distribution of over $2.7 million in grants to those in attendance. Grants ranging from $2,500 to $135,000 were awarded during the annual celebration held at Pacific Life’s headquarters in Newport Beach. Overall, the Pacific Life Foundation has committed to spend $5.3 million in 2008.

“This is our sixteenth year of hosting this special reception which brings together a diverse collection of Orange County nonprofit representatives,” said Bob Haskell, president of the Pacific Life Foundation. “This is a special time for celebrating and honoring the commitment they have made to our communities.”

The highlight of the evening came when Jim Morris, chairman of the Pacific Life Foundation, and Bob Haskell, presented the 2008 Walter B. Gerken Community Service Award. This award is given annually to an agency that exemplifies Mr. Gerken’s (a former CEO of Pacific Life) heartfelt philanthropic commitment to the community. This year’s winner of the award, along with a $25,000 grant, was presented to Healthy Smiles for Kids of Orange County. Jack Shaw, Founding Board Chairman, and Sandra Bolton, Executive Director, were on hand to accept the award. The Pacific Life Foundation was an initial founder of the organization in 2003 and has since been involved with the organization by providing start‐up funds, general, capital, nonprofit capacity‐building, and focus grants. The Pacific Life Foundation is particularly proud of the Smile Mobile, a mobile dental clinic for children that was funded by the Foundation and which was on display during the reception.

The Pacific Life Foundation provides grants to nonprofit agencies that engage in the areas of arts and culture; civic, community, and environment; education; and health and human services.

Arts and Culture
Of the 33 organizations within the Arts and Culture category receiving grants, the following were awarded grants of $10,000 or more: Arts Orange County, Friends of Arts Education at the Cerritos Center, the Newport Harbor Nautical Museum, the OC Museum of Art, the OC Natural History Museum, the OC Performing Arts Center, and the Philharmonic Society of Orange County. Of particular note, three organizations received grants above $10,000:

• Pretend City, The Children’s Museum of Orange County: A $50,000 grant towards a $100,000 pledge to support the building of a facility in Irvine which will be a child‐sized working city to provide a hands‐on experience for children aged infant to eight years. It will focus on early development of creativity, problem solving, and critical thinking skills.
• South Coast Repertory: A $20,000 grant for their Theater for Young Audiences Program, which brings students to the theatre for free matinee performances.
• Omaha Zoo Foundation: A $25,000 grant towards a $100,000 commitment to the zoo’s new Butterfly & Insect Pavilion.

Civic, Community, & Environment
California YMCA Youth & Government, Pacific Marine Mammal Center, and the Wild Dolphin Project were among the $10,000 grant recipients within the Civic, Community, & Environment area. Twenty‐six organizations received grants within this category. Those receiving in excess of $10,000 include:

• Bolsa Chica Conservancy: $25,000 towards the construction of a steel foot‐bridge on Warner Avenue in Huntington Beach.
• Environmental Nature Center: A second payment of $25,000 towards a $75,000 commitment to help build a learning center designed to achieve the highest level o f “green” building certification…the first of its kind in Orange County.
• Orange County CoastKeeper: A $25,000 grant towards a commitment of $50,000 to support the CoastKeeper Gardens, a 2.5 acre urban garden to be located at Santiago Canyon College.

Education
Within the Education area, 41 nonprofit agencies received grants. In particular, the Boys & Girls Clubs of Capistrano Valley, CSU Long Beach Foundation, El Viento Foundation, Golden West College Foundation, OCTANe Foundation for Innovation, STOP‐GAP, and the Tiger Woods Learning Center each received $10,000 in g rant funds for their programs. Agencies receiving a grant over $10,000 include:

• Junior Achievement of Orange County: A $120,060 grant towards a pledge of $240,000 to fund their Economics for Success program which will teach business, economics, and free enterprise issues to 3,000 students in up to 46 middle schools.
• California Council on Economic Education: A $39,940 grant towards a pledge of $107,130 to train K‐6 teachers to teach their Choices and Changes economic literacy program in the classroom.
• Orange County Department of Education: A $45,000 grant to complete a pledge of $180,000 towards the School Leadership Teams program which encourages school leaders in fifteen Orange County schools to facilitate actions which lead to higher academic achievement for all students.
• CSU Fullerton/Center for Insurance Studies: A $25,000 grant to underwrite office space for the Center in the University’s new College of Business & Economics building, as well as another $25,000 for general operating support for the Center for Insurance Studies.

Health and Human Services
The following organizations are among the 119 agencies receiving grants within the Health and Human Services category: AIDS Services Foundation Orange County , Alzheimer’s Association Orange County Chapter, American Cancer Society Orange County Region, American Red Cross Orange County Chapter, Assistance League of Newport‐Mesa, Boot Camp for New Dads, Boys & Girls Clubs of Anaheim, Canyon Acres Children and Family Services, Court Appointed Special Advocates of Orange County, Family Assessment Counseling & Education Services, Human Options, Irvine Adult Day Health Services, Mercy House Transitional Living Center, Operation Homefront, Providence Speech & Hearing Center, and Working Wardrobes for a New Start. Those listed each received a grant of $10,000 or more. Recipients receiving larger grants include:

• AccessOC: A $75,000 grant towards a commitment of $350,000 to sustain their program of providing elective, low‐risk, out‐patient surgical procedures for the uninsured.
• Boys & Girls Club of the Harbor Area: A $25,000 payment towards a $50,000 commitment to support the renovation of a portion of the Eastbluff facility located in Newport Beach.
• Goodwill Industries of Orange County: A $25,000 grant towards a $50,000 commitment to support the building of the first fitness center in Orange County for use by people with spinal cord injuries, stroke, multiple sclerosis, muscular dystrophy, and other disabilities.
• Hoag Hospital Foundation: $100,000 towards a $250,000 grant to support the expansion of the Hoag Cancer Center which will provide an increased capacity for patients and new technology.
• YMCA of Orange County: The final grant of $50,000 towards a $100,000 pledge to assist in the construction of a new YMCA outdoor sports and recreational campus in Santa Ana. The site is situated within three miles of eight K‐12 schools and over 80,000 resident children.

In addition to the $2.7 million distributed to agencies during the reception, Pacific Life has also pledged $497,000 towards marine mammal protection program s. The Foundation’s 3T’s of Education Program will contribute a total of $320,000 in direct grants to K‐12 schools where there are concentrations of children or grandchildren of Pacific Life employees. A 3T’s grant must be designated to one of the following areas: Teacher Training, Textbooks, or Technology. Finally, the Foundation has pledged $300,000 to match Pacific Life employee donations to their local United Way in 2008.

The Pacific Life Foundation was established in 1984. Together with Pacific Life, the Foundation has contributed donations totaling over $46.3 million to hundreds of nonprofits over the past 24 years. The Foundation’s current endowment is approximately $72 million.

Founded in 1868, Pacific Life provides life insurance products, annuities, and mutual funds, and offers a variety of investment products and services to individuals, businesses, and pension plans.¹ Pacific Life counts more than half of the 50 largest U.S. companies as clients² and is a member of the Insurance Marketplace Standards Association (IMSA), whose membership promotes high ethical standards for the sale of individual life insurance and annuities.

¹ Product features and availability vary by state.
² Data compiled by Pacific Life using the FORTUNE 500® list as of April 2007.