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Wickes Furniture Announces Grand Opening Festivities

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Wickes Furniture Company, Inc., a Sun Capital Investment Company and one of the nation's largest furniture retailers, has announced grand opening plans for its two new retail showrooms in Beaumont and Corona, Calif.

Grand opening festivities are scheduled April 28 and 29 at the recently opened showrooms at 1482 Second St., Beaumont (in the new San Gorgonio Village shopping center) and 3615 Grand Oaks, Corona (exit off the Corona Pkwy. at Cajalco Rd.).  Highlights at both locations include:

  • Hourly drawings (11 a.m. to 5 p.m.) for free furniture, gift cards and accessories.
  • Personalities from radio stations KBIG, KCBS, KHHT, KTWV and KYFR greeting consumers with free giveaways, including shirts, movie and theme park passes.
  • "Spring Fling" buy one, get one free specials on selected items.

"We invite the residents of Riverside County to join us as we celebrate the opening of our 16th and 17th retail locations in Southern California," explained John Disa, Wickes Furniture CEO.  "We're proud of the new 42,000-square-foot showrooms, each of which carries a full line of furniture set in beautifully coordinated designer room packages."

The new state-of-the-art showrooms feature large glass facades, brick, brushed metal, wood trim, hundreds of beautiful accessories and other embellishments to showcase Wickes‚ stylish furniture. Showroom hours are Monday through Saturday 10 a.m. to 9 p.m., and Sunday 11 a.m. to 6 p.m.

For more information, please call the Beaumont showroom at (951) 769-8668 or the Corona showroom at (951) 898-1560.

Deadline Draws Near To Apply For SB County 2007-2008 Grand Jury

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The deadline to apply and be considered for the 2007-2008 Grand Jury is drawing near.  Don't miss out!  Are you looking for a new, rewarding challenge in your life?  Have you ever wanted to make a difference in our County?  Now is your chance!!

Volunteers for the 2007-2008 San Bernardino County Grand Jury are being requested, announced Larry W. Allen, Presiding Judge of the Superior Court.  Successful applicants will serve as Grand Jurors for the period beginning July 1, 2007 and ending June 30, 2008.

To be eligible for selection a person must be at least 18 years of age, a citizen of the United States, and a resident of California and the County of San Bernardino for at least one year prior to appointment.  Potential Grand Jurors are also required to possess sufficient knowledge of the English language, be in possession of their natural faculties, of ordinary intelligence, of sound judgment and of good character.  By law, elected public officials are not eligible.

Service as a Grand Juror involves an average of 3 to 4 full working days per week.  Compensation is $25 per day plus meals and mileage associated with service.  The regular Grand Jury meeting place is located in San Bernardino.

The County Grand Jury is charged by the California Penal Code to investigate all aspects of County, city and special district government, and to hear information on certain criminal investigations.  All communications to the Grand Jury are confidential and the Grand Jury responds to all signed citizen complaints.

Concerned and interested citizens can telephone (909) 387-4230 to request an application, may pick one up in person in Room 200 of the County Courthouse at 351 North Arrowhead Avenue, San Bernardino, CA 92415-0243, or may request an application in writing from this same address.  Applications are also available at the various district Court offices throughout the County.  Applications can also be downloaded from the Grand Jury's webpage at www.sbcounty.gov/grandjury.  

Applications will be accepted through April 20, 2007.

Stewardship – Capital Conservation

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Another way to be better stewards of our wealth is to give to charities that emphasize capital conservation.  This means giving to (or creating) charities that make payments from the interest and not from the principal.  For this article, I am going to use the simple example of giving $1,000 annual scholarship. 

Kevin Martin
Most Black organizations that I have been involved with do not practice or encourage capital conservation.  Instead, they rely on the "fundraiser".  This allows for entertainment (a big party) and for numerous people to get awards and get their picture in a "program".  The scholarship is almost secondary to the event.  Unfortunately, it seems that too many of these events raise too few funds.  For example an organization might have a "fundraising dinner" which brings in $10,000 dollars, but costs $9,000 for the venue, food, event program, entertainment, etc.  At the end of this dinner, a $1,000 scholarship is given.  How much money is available for a scholarship next year?  Zero, which means that we have to do the "fundraising dinner" all over again next year and each year after that.  Giving away the principal means that each year we have to start from zero.

Let's look at another way to fund this $1,000 scholarship.  The concept of capital conservation means that we will create a pool of funds (a principal amount) that will be invested to generate interest on an annual basis.  There are three steps for creating this pool of funds:

1. Determine the amount of principal required

2. Donate funds regularly until the pool is fully funded

3. Distribute the funds based on the interest, not the principal

1. Determine the amount of principal required

To simplify this example, assume that we need 10 dollars of principal for every dollar of giving.  To determine your principal, simply take the scholarship amount and multiply by 10.  If you want to give a 100 dollar scholarship, you multiply 100 x 10 = 1000.  For a $1000 scholarship, you therefore need a pool of $10,000

2. Give funds regularly until the pool (principal amount) is fully funded

Let's now assume that we want to give one scholarship worth $1,000 every year just like in the "fundraiser" example that I described at the beginning of the article.  We know that we need a minimum principal amount of $10,000.  How do we get that $10,000?  To fund this principal amount we will use "the health club" concept.  Most health clubs charge their members a small monthly fee.  We can do the same thing.  If we can get 100 people to give $10 per month, multiplying $10 x 100 = $1000.  At the end of 12 months we will have $12,000. 

3.  Distribute fund based on interest, not principal.  After we receive our $10,000 or $12,000, etc. we then invest this money.  If our investment returns 10%, we will be able to provide a $1,000 scholarship at the end of the year.  The important concept is that we do NOT touch our principal, so that after we have paid out our $1,000 scholarship from the interest, we still have the principal of $10,000 to invest again and generate more interest.  In other words, unlike the fund raiser example, we start every year with $10,000 not zero!

I can hear the naysayers already noting that we cannot guarantee a 10% investment.  This is very true.  We may need to have $15,000 or $20,000 in order to guarantee that we can provide a $1,000 scholarship.  However, please note that we still have our original donors paying $10 per month every month.  This means that we can easily have $24,000 in two years.

The basic concept still works.  Get enough money to invest and conserve principal by only paying out based on interest.  This is how the big boys do it by the way.  The Ford Foundation Scholarships, United Negro College Fund and many Fraternities and Sororities (on a chapter by chapter basis unfortunately) utilize this concept.  Utilizing capital conservation means that you don't have to be rich or famous.  This concept can easily be adopted by churches, civic and community organizations.  It is another powerful way for us to be good stewards of our wealth.

Kevin Martin grew up in Riverside and is interested in discussing specific actions for improving the Black community.  Comments can be sent to   by1989@pacificnet.net.   This account receives a great deal of spam so be sure to include this article's title or blackvoicenews in your subject line.

IE Job Fair Attracts 500 Local Candidates

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Franceal States of U.S. Colleges (seated) speaks to one of the attendees of the Inland Empire Diversity Job Fair.  The Job Fair, held recently at the San Bernardino Airport Galaxy Center, attracted more than 500 local job seekers and 20 businesses, said Delores Armstead, president of the Inland African American Chamber of Commerce (IAACC). 

ImageThe Job Fair was sponsored by the County of San Bernardino Economic Development Agency, the San Bernardino City Employment and Training Agency, the Inland Empire and the Victor Valley African American Chambers of Commerce, Wild 96.1, 909Models.com, Hispanic Connect, publications including: Black Voice News, Precinct Reporter, WestSide Story and El Chicano plus Dameron Communications.

Armstead said companies who attended the job fair included the County of San Bernardino, Verizon, the Los Angeles County Sheriff's Department and Argosy University/Inland Empire. "We are looking forward to the next job fair on Sept. 5 attracting even more local businesses and job seekers," Armstead said.

U.C.R. is Paging Future Doctor Yanise Jenkins

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By Cynthia Rucker

Like many high school seniors, Yanise Jenkins anxiously awaited a response from one of several potential colleges of her choice.  Then, the mail came.

Finally, an envelope embossed with the University of California Riverside logo in the upper left-hand corner had arrived.  "I simply could not contain myself when I learned that I was accepted to U.C.R," said an exuberant Jenkins.  "It was definitely at the top of my list, along with U.C.L.A., which I would like to attend following my tenure at U.C.R," said the future pediatrician. "It is a great beginning for me, and it has excellent educational opportunities that will help to pave the way of my career path and lay a solid foundation to that end." 

Yanise Jenkins
From cradle to college, it would seem that Jenkins was born with a stethoscope in hand.  That, coupled with her passion for the young, brought her full circle to what she loved most as a child.  "Yanise has always held a special fondness for children," said Yeisha Galtney, her mother.  "She is really patient with them and one can see that they look up to her," she said.  As for the medical profession, it appears that although - like most little girls - Jenkins enjoyed playing dress-up, no wardrobe was ever complete without a stethoscope.

"It was no surprise to me that my daughter would essentially pursue a career as a pediatrician," said Galtney.  "Since she was a young child, she has said time and time again that she wanted to be a doctor when she grew up, so she made no secret that she wanted a doctor's bag or a nurse's uniform whenever Christmas and birthdays rolled around," she said.  "Since she was old enough to play with toys, Yanise has shown signs of being destined for the medical field."  Galtney maintains that Jenkins has maintained both discipline and focus, with regard to her career choice, and others are eager to agree.   

"I have witnessed Yanise's hard work and dedication first-hand," said Ontario High School math teacher Clinton Hunter.  "She has always kept me abreast of her goals and plans of becoming a pediatrician," he said.  "As her instructor, I have seen her reach her full potential through that hard work and dedication, and I am proud to have been a small part of her education."    Hunter said that he was excited when Jenkins informed him of her acceptance to U.C.R.

"I realize that my chosen field is highly demanding and will require a lot of me, especially where education is concerned, but I am up for the challenge," said Jenkins.  "I am saddened by the increasingly alarming rate of children who are infected with AIDS, and I am passionate about becoming a part of the solution," she said.  "When I see the number of children dying each day from the disease, I am more committed than ever to my calling." 

Jenkins credits an early start in education for opening her windows to the future.  "Preschool really did prepare me for my studies," she said.  "It was there that I learned organization techniques and developed learning skills."  With the support of teachers, counselors and her environment, Jenkins feels that she gained all the necessary tools to secure a solid future.  "None of this would have been possible without the help of those individuals, as well as my mother," she said.  "Being the loving and caring person that she has been, I knew that I could accomplish anything. She gave me a healthy, well-balanced life, which inspired me to care for the well-being of other children." 

It is apparent that Jenkins is certainly off to a good start.  "The desire to see all children living a healthy life has been my inspiration," said Jenkins.  "I feel that life is too short to just pass through it, when we can all strive to make a difference," she said.  "Each and every one of us is here for a purpose."

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