Aug. 9 business briefs
Adelsheim founders sell ownership
The founders of the decades-old Adelsheim Vineyard, David and Ginny Adelsheim, announced last month that they have sold their ownership to longtime business partners. An article in Wine Spectator states that David Adelsheim was among the first to bring pinot noir to Oregon when he purchased 19 acres in the northern Willamette Valley in 1971, now reportedly having grown to 180 acres on six vineyards in the Chehalem Mountains. The Adelsheims have sold their ownership to Jack and Lynn Loacker — who have been co-owners since 1994 and plan to keep the company independent and local — and will remain with the winery in an advisory role.
First Federal announces Community Rewards results
First Federal has announced it will be donating about $20,000 to 65 nonprofits throughout Yamhill County, including at least six in the Newberg and Dundee areas, as part of its Community Rewards fundraising program. The program called on customers to record their hours spent volunteering with a local nonprofit and paid that organization $2 per volunteer hour. First Federal announced 370 customers recorded 10,000 volunteer hours between May 1 and July 25. Funds going to local organizations include: $500 to Friendsview Retirement Residents Assistance Fund, $500 to Newberg Area Habitat for Humanity, $500 to Newberg Charitable Organization, $500 to Newberg FISH, $55 to Dundee Woman's Club and $52 to Love INC. More information and full list of participating organizations is available at www.first fedweb.com/Community-Rewards.aspx.