THOUSAND OAKS : Arts Plaza Fund Tops $4.35 Million
An endowment to support the Civic Arts Plaza in Thousand Oaks has topped $4.35 million, boosted by four new contributions Tuesday.
Ventura County Newspapers--which publishes four newspapers, including the Thousand Oaks News Chronicle--pledged $50,000 in cash and $200,000 worth of advertising space.
Other donors who announced $50,000 contributions Tuesday are:
Richard Johnson, who chairs the fund-raising campaign, and his wife, Joyce; Fred Raio, the former president of First State Bank of the Oaks, and his wife, Barbara; and Westlake Village resident Donald S. Liebman, who owns an insurance company.
The newspaper pledge Tuesday followed that of a larger endowment in March by the Los Angeles Times and Times Mirror Foundation. The Times announced a gift of $1 million, also divided between cash and advertising credit.
The Times’ donation this spring pushed the Civic Arts Plaza endowment over the original $3 million goal. Bolstered by the community support, fund-raisers recently raised their target to $10 million.
“It does keep the adrenaline flowing,” Richard Johnson said. “If we can maintain this pace, we’ll be able to meet our goal.”
Start your day right
Sign up for Essential California for news, features and recommendations from the L.A. Times and beyond in your inbox six days a week.
You may occasionally receive promotional content from the Los Angeles Times.
