First Federal Community Foundation was funded in January 2015 with a generous gift of stock and cash valued at nearly $12 million from the parent company of First Federal Bank, when the bank was converted to a publicly traded company. With this gift, First Federal Bank made clear its commitment to continue its long tradition of supporting the communities it serves.
In that spirit, First Federal Community Foundation’s mission is to improve the quality of life in the communities in which First Federal Bank maintains full service branches. We are committed to creating broad impact in our communities through gifts that benefit charitable services, affordable housing, economic development and community development projects.
Since our inception, First Federal Community Foundation has awarded $2,861,500 in grants to nonprofit, government and tribal agencies in Clallam, Jefferson, Kitsap and Whatcom Counties. Of that total amount, $785,000 was invested in our communities during the year 2018.