We came up with granting, We invite about 100 people to come to the, A good example was when we went through the financial problems of 2007-2008. Michael Towbes 1929 - 2017 July 17, 1929 - April 13, 2017 Michael Towbes, age 87, Chairman of the Board of The Towbes Group, Inc. and Montecito Bank & Trust, beloved philanthropist, and all-around mensch died at home in Santa Barbara on April 13, 2017. Three decades ago, when Smith purchased KEYT-TV from the Shamrock Broadcasting Group (then part of the Disney Company), Towbes moved to Santa Barbara, where she continued her lifelong involvement in childrens theater and became a board member and eventually board president of the Lobero Theatre. Michael Towbes was a true pioneer, in business, philanthropy and life, said Barrett OGorman, Scholarship Foundation Board Chair. Brendon Mccullum, Son, It is remarkable that a man with so many competing priorities made himself readily available to young people. He was the founder and chairman of the board of The Towbes Group, a construction and property management company, and Montecito Bancorp, which owns Montecito Bank & Trust. He founded Montecito Bank & Trust in 1975, but his philanthropic efforts made the biggest community impact. Montecito Bank & Trust is the largest independently owned bank in the region with assets of $1.3 billion. Hopefully, if I support a certain organization other people will as well. Michael Towbes was a man of action, she said. Shortly after his wedding, Mike was transferred to the Bureau of Yards and Docks in Washington DC, where he completed his Navy Career in 1955. I tend not to give up. He was 87. The people who run the businesses for me,Janet Garufisat the bank and Craig Zimmermanat The Towbes Group, go beyond even what I do. Oher earned $34.17 million while playing in the NFL. Towbes is survived by his wife, Anne; daughters Lianne Towbes and Carrie Towbes; son-in-law John Lewis; grandchildren Allison Lewis Towbes and Zachary Lewis Towbes; Annes children, Jennifer Smith Hale (Nicholas) and Michael Smith (Natali), and her grandchildren, Leighton Hale, Carrington Hale, Ella Smith and Leo Smith; sister Carol Lee Skinner; step-brother Harold Sinrod (Allison); nephew Robert Skinner (Meghan); and niece Amy Sweeney (Patrick); and four grandnieces and grandnephews. S leadership, the 54-year Santa Barbara philanthropists Foundation focuses on a broad range of organizations social! Processing The opinions expressed are his own. Below conversation was held duringMichaels last trip with his wife Anne Towbes. He enlisted in the U.S. Navy and served for three years in the Civil Engineering Corp. FREE Background Report. Towbess bank was noted for awarding more than $1 million annually to nonprofit groups and encouraging its staff to participate in civic life. Mike was surrounded by his family at the time of his death following a short but valiant battle with pancreatic cancer. Counties In Ireland, Contact Joshua Molina at jmolina@pacbiztimes.com. Subscribe to our free P.M. Report to receive the days headlines weekdays at 4:15 p.m. Site by You have to be flexible. Give me an example of a student youre still in touch with. "He passed away early this morning, surrounded by family, in peace," said Towbes Group President Craig Zimmerman, in an email to the Business Times. Anderson & Roetour internationally now. While stationed at Point Mugu, Mike met his first love, Gail Aronson, at a UCLA fraternity party. Michael Crichton Net Worth - $175 Million. He recognized the need to support the community that had given him so much its consequences continue to the page! Donor Profiles, Art Scholarship Reception The foundation supports numerous local community, cultural, and educational organizations. Towbes died at age 87 today. I am privileged to be able to give small amounts of support or fairy dust to as many nonprofits as I can, as I feel it encourages others to give as well, she says. He also served as president of Montecito Union School, Laguna Blanca School, and was a founding board member of the Scholarship Foundation of Santa Barbara. Mike became the sole shareholder in 1983. The Area Planning Council talked about the imbalance between jobs and housing; the south part of the county has the worst ratio of just about any place. If you would have to name one or two people who have impacted you as a business person, who would that be? Towbes attended the University of Michigan for both college and graduate school, where she majored in English literature and education. FAFSA Were trying to increase the supply of workforce housing, so more people can live closer to work. Through his own Towbes Foundation, he provided additional crucial support to arts, education and medical research organizations. Corporate Partners I try to support the community in as many ways as I can. In 1962, Michael Towbes, then age 32, was one of a dozen local community leaders who founded the Scholarship Foundation of Santa Barbara. Permission, please, fill out the form below 5, 2015 ) from German and Delaware Indian American! How Many Chicken Fights In Family Guy, Sign Up Now They are important to help the faculty with all the projects they do. Anne Towbes Mission ; Careers ; Sign as well ( CA ) on 17. Montecito Bank & Trust, Owner and Chairman, Michael Towbes; Philanthropist, Anne Towbes; and Montecito Bank & Trust, President & CEO, Janet Garufis. He is a Senior Life Director of the National Association of Home Builders and has chaired its Commercial/Industrial Council. He was such a wonderful person. We always have a speaker talk about who their mentors were who helped change their lives for the better.. In 1956, he started his first company in Los Angeles with his friend and mentor, Eli Luria. One of Michael TowbessMusic Academy of the West Scholarship recipients. Read the interview with teacher, media mogul, and philanthropist, Women of Impact Presentation Video Highlights, SheVentures interviews Paksy, founder of impactmania, Women of Impact on the Homepage of UCSBs The Current News. Mr. Towbes commitment to higher education and long-standing support of the Scholarship Foundation were unparalleled. A public memorial service at the Granada Theatre takes place May 23 at 2 p.m. Santa Barbaras New State Street Hotel Opens, Santa Barbara Supes Approve 94 Transitional Cabins, Downed Eucalyptus Temporarily Shuts Down Hwy. Impact. Now, her daughter, Jennifer, owns Santa Barbara Magazine and C Magazine, and her son, Michael, founded an environmental venture fund called Regeneration.VC. Its hard to know where it came from. For the past 30 years, Towbes has been volunteering her time and giving support to many worthwhile causes in Santa Barbara, including Santa Barbara City College (where she was a foundation board member and later helped fund the Sara Evelyn Smith Drama Scholarship in honor of her late mother-in-law) and The Womens Fund, where she served as a founding member and remains an active contributor. 69 Shark Logo. Use this page here to login for your Independent subscription. Mike was the manager of the Princeton basketball team, played intermural tennis, and was an active participant in the Terrace Club and the Center for Jewish Life. Michael Towbes is a native of Washington D.C. and holds a BS degree in civil engineering from Princeton University, graduating summa cum laude and a graduate degree from MIT. The Giving List 2023. Employees who are the champions of these nonprofits get to introduce them. I dont vote. Processing Download Now: UHNW Prospecting Guide. Bill Macfadyen is Noozhawks founder and publisher. Trew Knowledge. Mike was assigned to the Naval Air Missile Test Center in Point Mugu, CA. His service began with active volunteerism in the 1960s. In his lone season with the Titans, he made $5 million. In the 2016 Noozhawk interview, Garufis spoke of Towbes philosophy, which courses through the veins of both companies. Change your cookie settings for this website to function properly without these cookies and philanthropy 100 million company and profiles! Make a website usable by enabling basic functions like page navigation and access to secure of. He served in the Navy Civil Engineer Corps during the Korean War and moved in the mid-1950s to Los Angeles with his first wife, Gail, who died in 1996 after a decades-long battle with multiple sclerosis. #1729 Michael Jordan on the 2022 Billionaires - Regarded by most as the NBA's greatest all-time player, Michael Jordan won six titles with the Chicago . Michael Towbes:I still love being involved with the bank and the construction company. Began with active volunteerism in the 1960s 1996 following a more than 300.. MB&T recently surpassed Wells Fargo as the top lender in Santa Barbara County for small business loans of $1 million or less. Michael Towbes, one of Santa Barbaras most successful business executives and a civic leader who left an indelible mark on the community through his philanthropy, died at his Montecito home early Thursday. Their first date was at the San Ysidro Ranch on Christmas Eve and it was love at first sight. Many Santa Barbarans know Michael Towbes is the founder of Montecito Bank & Trust, but only a very few know that he changed the ownership structure of the bank so he could give more money to. I also became president of the Cate Parents League., Besides being an active participant in Santa Barbaras cultural and educational community, Towbes also helped her husband leverage his role as a broadcaster to give valuable publicity to nonprofit organizations. But the future wife of the late Santa Barbara philanthropist Michael Towbes and the surviving half of the citys most influential power couple whose impact on the Santa Barbaras culture of public work is difficult to overstate was also destined for a career in philanthropy. Then the words: giving back. No Comments. Alumni Stories, Advising Michael Towbes, the tri-county region's most prominent philanthropist, banker and real estate developer, whose influence spanned nearly six decades, died April 13. Ive been pretty public in terms of what Ive done there are other people who have the means to do it but hide out in Santa Barbara. I am not worrying about four generations from now. 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