Old Point Trust and Financial Services NA, a subsidiary of Old Point Financial Corp., has acquired the assets and operations of Penact Associates Inc., which for 25 years has provided personalized retirement plan design, implementation, administration, plan consulting, actuarial and related services to small- to medium-sized businesses in the Hampton Roads and Northeast North Carolina regions. According to a press release from Old Point, which provides retirement services to its customers, the addition of Penact will help it increase its expertise, 401(k) portfolio and its ability to service clients.
New products & services
Nauticus has announced that groups can now book parts of the Battleship Wisconsin on the downtown Norfolk waterfront for meetings and events. Available areas are both inside and on the outer decks of the ship. For more information, contact Dana Mayo at 664-1074 or Kathy Kotecki at 664-1034.
Two grants, one from the Obici Healthcare Foundation for $500,000 and one from the Hampton Roads Community Foundation for $75,000, will support the $1.5 million capital campaign funding the adaptive rehabilitation of Hayden High School, a historic African American school in rural Franklin.
The new Hayden Village Center being developed by Senior Services of Southeastern Virginia is intended to be a mixed-use facility housing under one roof a number of community services, primarily for seniors and children.
The completed center will include an adult day health care center, as well as the consolidation of all of the rural aging center programs and services provided by Senior Services in Franklin. A full-service cafe will be located on site, and it will be used to prepare more than 40,000 meals per year for senior programs on site and for home delivery to isolated seniors.
Hayden Village Center will also be home to the local Head Start program, according to a press release from Senior Services. An African American heritage museum/library will be housed in the school's former library, and community development and enrichment programs for youth will be offered on site, managed by the Hayden Alumni Group, a local nonprofit formed by local Hayden alumni.
Fifteen percent of the project will include apartment units for seniors. The building will also have a primary care medical office.
According to John Skirven, Senior Services CEO, the agency is in conversations with other community partners such as Paul D. Camp Community College and the city and the Franklin Parks and Recreation Department, to explore additional uses.
The total project cost is $12 million. Financing for the project will come from a variety of sources, including the use of Historic and New Market Tax Credits.
Senior Services expects to break ground in November and construction should take about 12 months.
The Hampton Roads Community Foundation recently awarded more than $1 million in college scholarships, the largest amount in a single year since its founding in 1950, according to a press release. The foundation also recently awarded more than $1.1 million in grants to 11 nonprofit organizations working in health and human services in the region. They are:
* Beach Health Clinic, $85,180 over three years to fund a part-time dental coordinator and purchase equipment to help low-income, uninsured Virginia Beach residents;
* Chesapeake Care, $131,250 over three years to support a dentist, part-time hygienist and a dental assistant to provide care to low-income patients without insurance;
* Endependence Center, $127,000 over two years for vocational services to help area adults with disabilities find and retain jobs;
* Foodbank of Southeastern Virginia, $50,000 over three years for a mobile pantry pilot program to bring healthful foods to Suffolk residents;
* The Healing Place, $200,000 over two years to help bring a recovery and rehab facility to Hampton Roads to help homeless people with addiction issues recover;
* Judeo-Christian Outreach Center, $159,124 over three years to establish a pilot housing stabilization program for homeless clients of the Virginia Beach nonprofit's emergency shelter;
* Samaritan House, $100,000 over three years to implement a housing first strategy and an electronic case management service to help the homeless in Virginia Beach;
* Senior Services of Southeastern Virginia, $75,000 to help transform a former Franklin high school into Hayden Village (see previous item);
* The Up Center, $50,000 for an Up Center Books job-training program in Norfolk for unemployed fathers and first-time juvenile offenders;
* Virginia Coalition to End Homelessness, $25,000 to support a rapid re-housing project for families with barriers to permanent housing;
* Volunteers of America Chesapeake, $128,635 over three years for a housing coordinator to help the chronically homeless in Virginia Beach.
Awards & honors
Oyster Pointer, a 26-year-old monthly publication focusing on businesses in and around the Oyster Point section of Newport News, received two first-place awards at a recent conference of the Southeastern Advertising Publishers Association and the Independent Free Papers of America held in Pentagon City.
Sylvia Weinstein, publisher, accepted awards for local business coverage and for "self-promotion, run in paper," advertisements promoting the Oyster Pointer to its readership.
Firestone Building Products Co. LLC recently presented Beck Roofing Corp. of Virginia Beach with the 2013 Partner in Quality award for roofing excellence. The company is one of 207 Firestone Red Shield licensed contractors throughout North American that received this distinction. Firestone presents the annual award to contractors throughout the U.S., Mexico and Canada that meet its high building standards, which include the installation of a minimum of four warranted Firestone roofs in each of the past five years; maintaining at least 1 million square feet of Firestone roofs under warranty; and achieving an annual Quality Incidence Rating of 2.0 or less.
Nominations for Norfolk's 2013 First Citizen are being accepted through Nov. 11 by the Norfolk Cosmopolitan Club. The award is given to an individual or couple who have made exemplary, nonremunerative contributions to the Norfolk community within the last year or number of years. Nominations should be submitted by mail to Norfolk First Citizen, CM Cook, 1800 Fleet Terrace, Virginia Beach, VA 23454.
The Norfolk First Citizen, first honored in 1928, receives the Distinguished Service Medal Award from the club.
Cosmopolitan International was founded in Kansas City, Mo., by an attorney who organized it as a business networking club. The first Cosmopolitan Club east of the Mississippi was established in Baltimore in 1922, and the Norfolk club was chartered in 1924. In 1973, Cosmopolitan International made the campaign against diabetes mellitus its principal challenge. In 1985, the Norfolk club and its sister clubs in the Capital Federation launched a campaign to provide the million dollars in seed money needed to start a diabetes institute for research and treatment at Eastern Virginia Medical School. This is now known as the Strelitz Diabetes Center at EVMS and is regarded as a world-renowned center.
For more information, contact club chair Cindy Cook at email@example.com.
Donations & service
FinFit in Virginia Beach was the Master's presenting sponsor of the 20th Annual Cerebral Palsy of Virginia Golf Tournament held at Heron Ridge Golf Course on Sept. 12. One hundred golfers participated and the event raised more than $25,000, all of which will help fund programs and services for children and adults with cerebral palsy and other developmental disabilities. Staffers from FinFit volunteered at the event, and Dave Kilby, president of FinFit and president of the board of directors of Cerebral Palsy of Virginia, presented each sponsor with artwork created by an adult with special needs. FinFit provides financial wellness solutions to America's workforce.
From Oct. 21 through 25, the Ernest M. Hodge Institute for Entrepreneurship at Norfolk State University will present Entrepreneurship Week, to promote awareness of the role that the institute plays in supporting entrepreneurship education at the school and throughout the region. NSU alumnus Devon Henry, founder and CEO of Team Henry Enterprises, will kick off the week as the guest speaker, from noon to 3 p.m. Oct. 21 at NSU's student center, Room 149.
According to an NSU press release, Bloomberg Businessweek, Fortune and Inc. magazines have recognized Team Henry Enterprises, and Henry has been named Entrepreneur of the Year by the Metropolitan Business League and the Virginia Minority Development Council. He has also been named an Inside Business Top Forty Under 40.
For more information, contact Cheryl Bates-Lee at firstname.lastname@example.org.
On Oct. 26, the Drug Enforcement Administration (Richmond District) will partner with the Virginia State Police, Suffolk Police Department and other local agencies to conduct a statewide prescription drug take-back.
The event, National Take-Back Initiative Day, gives the public the opportunity to surrender expired, unwanted or unused pharmaceutical controlled substances and other medications to law-enforcement officers for destruction.
Suffolk Police Department investigators will be at the Wal-Mart at 1200 N. Main St. and the Bennett's Creek Pharmacy at 3219 Bridge Road from 10 a.m. to 2 p.m. on Oct. 26.
For more information, contact Lt. Janet Brandsasse with the Suffolk Police Department Special Investigations Unit at 514-7951 or email@example.com.
The World Affairs Council of Greater Hampton Roads presents WorldQuest 2013, a competition of international trivia, on Nov. 14, at 6 p.m., at the Chesapeake Marriott at Greenbrier. Individuals, groups and companies are invited to register a team.
A spectator/individual ticket costs $40, a high school- or college-sponsored team costs $200 and a general, faculty or corporate team costs $280. Sponsorships are available at $300, $500 and $750 levels. The winning high school team will represent the World Affairs Council GHR at the National Academic WorldQuest in Washington, D.C., in April.
Director of Development and Community Relations
Marketing & Communications Associate
757-461-9481, ext. 105