The First Federal Bank’s Board of Directors is deeply committed to supporting local efforts that enhance the wellbeing and quality of life of the people who live and work in our communities. To that end, in 2003, First Federal established the First Federal Foundation. The mission of the Foundation is to serve the needs of its communities by actively seeking community development opportunities to support educational, civic, health, human services, social, and cultural organizations that address these objectives. Twice a year, the Foundation accepts applications and awards grants to fund local non-profits. To date, the First Federal Foundation has awarded more than $1.3 million to organizations serving our communities.
The Foundation offers two grant cycles per year. A link to the application will be posted here during each cycle.
Winter 2022 Grant Recipients
| Organization Name | Project Description |
|---|---|
| Boys and Girls Club of the Magic Valley | Indoor play structure |
| Kimberly High School Softball | Softball equipment |
| Magic Valley Marlins | New timing system |
| Morningside Elementary PTO | Portable sound system |
| The Optimist Club of Twin Falls Idaho | Coats for kids |
| Tough Enough to Wear Pink | Tablets and laptops |
| Twin Falls Lion's Club | Vision screening machine |
| United Way of South Central Idaho | ADA portable aquatic lift |
Funding decisions will be made by the Foundation’s Board of Directors, who meet biannually in July and December. Grant awards are generally to capital projects between $1,000 - $5,000. The Foundation encourages applications from organizations within the Magic Valley and Mini-Cassia areas, and select projects in other communities First Federal serves.
The Foundation does not provide grants to support the following:
- Individuals
- Political causes
- Religious organizations
- Private clubs
In addition to completing the online grant application, the following items need to be attached and submitted electronically with the application submission.
- Cover letter – to include the organization’s background and objectives
- Sources of additional funding and/or letters of match commitment
- Detailed proposed budget
- State of Idaho Certificate of Incorporation and Articles of Incorporation, if organization is a 501(c)(3).
- Letters of local/regional support. (Up to 3)
- Project bid documents
- IRS designation form
Organizations applying for First Federal Foundation Grants must qualify as exempt organizations under Sections 170(c)(1), 170(c)(2), or 501(c)(3) of the Internal Revenue Code.
Foundation Financial Information - Form 990-PF
