News Releases

Scholarship Opportunity honoring James B. McClatchy

FOR IMMEDIATE RELEASE

November 24, 2009

Media Contacts: Dan DeSantis, Chief Executive Officer and

Carla Jackson-Tucker, Program Officer: 559-226-5600 (office)

Fresno, CA – The Fresno Regional Foundation has announced a scholarship opportunity for members of The Fresno Bee’s 25 Year Club honoring James B. McClatchy, a fourth-generation family owner of the McClatchy Company, which publishes The Bee.

The scholarships will be at least $1,000 each and will be awarded annually to members of the 25 Year Club and their immediate family members. Up to $10,000 in scholarships could be awarded each year.

The scholarship was established at the wishes of the estate of James B. McClatchy, the son of Carlos McClatchy who founded The Fresno Bee. Mr. McClatchy had the foresight to establish an endowed fund with the Foundation intended to benefit current and retired employees who have at least 25 years of service with The Fresno Bee.

Scholarship recipients will be selected on the basis of the applicant’s academic achievement, work experience, participation in school and community activities, honors, statement of educational goals, and letters of recommendation.

The deadline to submit an application is March 1, 2010. All applications will be reviewed by a scholarship committee, which will make final award determinations by April 30, 2010.

About the Fresno Regional Foundation:

The Fresno Regional Foundation is a nonprofit community foundation whose purpose is to improve the quality of life in the Central San Joaquin Valley through philanthropy. It is the channel through which individuals, families, businesses, private foundations, and nonprofit organizations give in order to benefit the community. The Foundation’s grantmaking has three focus areas: Arts & Culture, Youth, and Human Services. Since 1966, the Foundation has been enriching the artistic, cultural and natural beauty of the region, addressing social issues, and through the continued support of local community-benefit organizations, improving conditions for the community it serves. With over $45 million in assets, the Foundation made grants of $4.1 million in 2008 that serve the Central San Joaquin Valley. For more information about the Fresno Regional Foundation, please visit www.fresnoregfoundation.org or call 559-226-5600.

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