SANTA ANA, Calif.

PRESS RELEASE Peninsula Community Foundation Announces Recipients of Its First Artist Residency Program

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In a six month time-frame , our artists
in residence will touch the lives of more than 100 children and families
and will work to cultivate the next generation of community artists.

-- Marianne Thomas will teach children at the Mid-Peninsula Boys and
Girls Club in San Mateo to use digital and film cameras to express ideas
and feelings, document their environment, learn about storytelling and to
offer photography as a potential career choice to older children. The Fund for Artists has received support from Leveraging
Investments in Creativity (LINC) and the Ford Foundation, the James Irvine
Foundation and the William and Flora Hewlett Foundation.pcf.

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358.

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PCF divisions include the Center for Venture Philanthropy, the
Peninsula Partnership for Children, Youth and Families, and the
Peninsula Nonprofit Center.

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, is hosting a free seminar on "How to
Become a Successful Long-Term Investor" on Friday, April 22 at
the Rancho Santiago Community College District Office in Santa
Ana.

This pre-event free seminar precedes our all-day Investor
Education Fair on April 23, 2005.m.

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Broadway, Santa Ana. The residency will culminate with a community concert by
the children in East Palo Alto.

The Artist Residency Program is part of a collaborative initiative
involving the East Bay Community Foundation, Marin Community Foundation,
PCF and the San Francisco Foundation. The primary challenge facing creative
individuals in our region today is funding:

-- 63% of artists earn less than $7,000 from their art;
-- 78% of artists work more than one job, with all artists surveyed
having a median gross income from all sources of $35,000;
-- Artists have less time to spend on their art than they did 15 years
ago.

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Organizations dedicated to the promotion of mosaics.

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The residency program is one strategy to meet the needs of individual
artists in our community, which several recent studies conducted by the
Urban Institute have highlighted.

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WHERE: Rancho Santiago Community College District Office, 2323 N.

Michael Turner, an accomplished musician, Carla Brooke,
a talented mixed media artist and Marianne Thomas, an award-winning
photographer, each received $25,000 to advance their artistic careers while
working with members of the community to produce art of their own.
An art exhibit will be held at the end of the project to honor local
residents.

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better-investing. Founded in
1951 , NAIC is dedicated to providing a sound program of investment
education and information to help its members become successful,
lifetime investors. Turner will continue the
preservation of the art of traditional and contemporary jazz, gospel and
other popular music forms through musical instruction and performance of
his original work.

PCF is committed to supporting the arts , donating more than $6 million
towards art programs in 2004.

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Established in 1951, NAIC is a non-profit organization whose
mission is to provide a program of sound investment
information, education and support that helps create
successful, lifetime investors .

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Business Editors
REMINDER. The Fund for Artists, a joint
initiative, is a $1 million fund to support creative individuals across the
greater Bay Area.org.

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.org or visit
www. NAIC currently serves more than 220,074 estimated
members including over 19,000 investment clubs. The residents, 300 low-income families from diverse ethnic
backgrounds, will receive mixed media art classes and will participate in
all aspects of the design and installation of the mosaic and tile sidewalk.
Photographs will be displayed every week and the children will vote on
their favorites to be submitted to the national Boys and Girls Club
photography contest.

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WHEN: Friday, April 22, 2005, from 7-8:30 p.

About Peninsula Community Foundation

For 40 years, Peninsula Community Foundation has worked with nonprofits,
donors, and government agencies to change the world -- one community at a
time.

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REMINDER/April 22nd NAIC OC Free Seminar: How to Become a Successful Long-Term Investor

"We are thrilled with the talent of the resident artists and the beauty
they will create in our communities," said Sterling Speirn, President,
Peninsula Community Foundation. "The residency program will provide
financial support to individual local artists as well as improve the
quality of life for all residents.

-- Carla Brooke will create a mosaic and tile art work that will be
installed in the community garden of Gloria Way, the Peninsula Habitat for
Humanity housing complex and neighboring Bay Oaks apartments in East Palo
Alto.

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To register, call 714-973-7613 or
e-mail: reg@naic-oc. For more information call 650 .

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The combined
investment portfolios of NAIC members exceed $117 billion. The residency will culminate in a community exhibit. With assets of over $609 million, including a $113 million Community
Endowment , PCF is an innovative leader in meeting the needs of the
community in the areas or children and families , education, health and
human services, the environment, the arts, and strengthening nonprofits.9369 or
visit www.

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Peninsula Community Foundation (PCF), a
leader in community philanthropy of the Peninsula and Silicon Valley, today
announced the recipients of its first Peninsula Community Foundation Artist
Residency program.

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It is one
of the few artist residency programs in the Bay Area where artists are
working with members of the community to enrich the cultural environment .

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WHAT: The Orange County Chapter of NAIC, The National Association
of Investors Corp. One
more recipient, a performing artist, will be chosen this summer."

The Artist Residency recipients include:

-- Michael Turner, who will provide free instrumental music classes to
children at the Phoenix Academy, a school serving at-risk and
underprivileged children in East Palo Alto.

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org/chapter/orange/events

Non-profit tax ID# 38-2111435

NAIC is a national , non-profit organization of investment clubs
and individual investors, based in Madison Heights, Mich.