President Bill Clinton will join Qualcomm Inc. founder Irwin Jacobs and businessman Steve Cushman and their wives April 3 at the San Diego Food Bank to announce the two families are paying off the $1.76 million mortgage on the food bank’s warehouse in Miramar.
Clinton is in town this weekend to open the fourth annual Clinton Global Initiative University Meeting at UC San Diego. The initiative convenes global leaders to create and implement innovative solutions to some of the world’s most pressing challenges. CGI’s student university challenges college students to come up with practical solutions and commitments to ongoing global problems.
Clinton’s address at the local food bank is part of the CGI’s three-day forum and precedes a day of volunteer service by the visiting students and other community members at the food bank.
The donation from the Jacobs and Cushman families will retire the debt on the mortgage for the food bank’s facility at 9850 Distribution Ave., saving monthly mortgage payments of more than $18,000. That will allow the food bank to pay for about 56,000 additional meals to the community each month, said a food bank spokesman.
The food bank has been through some difficult times starting in 2005 when it was embroiled in scandal involving recipients taking the food and selling it at swap meets. That led to its parent organization, Neighborhood House Association of San Diego, halting funding, and the resignation of most of its board members in 2006. In 2007, some of those directors formed another local food bank affiliated with America’s Second Harvest, which operates a warehouse in the Sorrento Mesa area.
Several years ago, under the leadership of Eugene “Mitch” Mitchell, a top executive at Sempra Energy, the food bank separated from Neighborhood House, and assumed the mortgage payments on its main asset, the Miramar warehouse.
The food bank distributed more than 18 million pounds of food last year to individuals, families, and a network of nonprofit groups, the organization said.
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