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2701 Australian: A Unique Partnership
Date:5/30/2008

The Quantum Foundation Lends a Helping Hand

WEST PALM BEACH, Fla., May 30 /PRNewswire-USNewswire/ -- When hurricanes Frances, Jeanne and Wilma destroyed the West Palm Beach home of the American Lung Association of Southeast Florida (ALAFSE), they provided a unique opportunity for ALA and Quantum Foundation to partner on one of Palm Beach County's most innovative construction projects.

Originally conceived as a 6000 square foot renovation by ALAFSE using Leadership in Energy and Environmental Design (LEED) criteria, the inclusion of Quantum Foundation's first permanent home in the plans ultimately yielded a 14,000 square foot LEED-registered building with the goal of silver certification. Co-owned by Quantum and ALAFSE, the building features two stories, a large community room, and offices for both organizations.

In participating in the renovation and expansion of 2701 Australian, Quantum Foundation is investing in a West Palm Beach neighborhood with significant potential for future economic expansion. Quantum anticipates that its economic investment will be just one of many to come, building on the work of Urban Youth Impact, Samaritan Gardens, Urban League, and others who are also making significant investments on the Australian Avenue corridor.

In dedicating its new offices on May 30, 2008, Quantum Foundation issued the following statement, signaling its intent to invest further in its new neighborhood: "Quantum Foundation believes that investments in the human infrastructure of a neighborhood go hand-in-hand with bricks and mortar investments. We are initiating a new set of community investments in 2008, and members of Quantum Foundation's Board of Trustees have in multiple spring 2008 meetings, endorsed these new directions. Shortly, new funding opportunities will be made available to nonprofit agencies in our neighborhood, and we look forward to partnering with agencies throughout both our neighborhood and Palm Beach County in
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SOURCE Quantum Foundation
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