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First Federal Community Foundation Releases 2018 Annual Report

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.

Click here to view the 2018 Annual Report.

First Federal Community Foundation Recognized with Corporate Citizenship Award

PORT ANGELES, Wash., May 29, 2019 –(BUSINESS WIRE)– First Northwest Bancorp (NASDAQ: FNWB) (“Company”), the holding company of First Federal Savings and Loan Association of Port Angeles (“Bank”), and First Federal Community Foundation are proud to announce that they were recently recognized by the Puget Sound Business Journal as one of the top corporate philanthropists in Washington State. Of the 25 midsize companies that made the Journal’s list, First Federal Bank and Foundation collectively contributed $1.01 million, and was ranked #3.  Together, these 25 midsized companies contributed $12 million to Washington nonprofits.

The combined contributions of the Bank and its Foundation to Washington non-profit organizations was acknowledged at the annual Corporate Citizenship and Healthy Community Champion Awards luncheon hosted by the Puget Sound Business Journal on May 23rd at the Seattle Sheraton.

About the Awards: The Puget Sound Business Journal annually recognizes the top 75 corporate philanthropists and ranks these in the categories of small, medium and large companies.  Puget Sound Business Journal has calculated that the 75 companies on this year’s list had a combined cash giving in Washington State of $168.3 million in 2018.

About the First Federal Community Foundation:  First Federal Community Foundation is a private 501(c)3 charitable corporation funded with a gift of cash and stock from First Northwest Bancorp, the parent company of First Federal Savings and Loan Association of Port Angeles. The Foundation provides funding for community support, affordable housing, economic development and community development in communities where First Federal operates a full-service branch.

About First Federal:  First Federal is a subsidiary of First Northwest Bancorp (FNWB). First Federal is a Washington-chartered, community-based savings bank headquartered in Port Angeles, WA. First Federal is currently serving Western Washington through 12 banking centers; located within Clallam, Jefferson, King, Kitsap and Whatcom counties. Member FDIC, Equal Housing Lender. www.ourfirstfed.com / (360)417.3204 / (800)800.1577

 

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If you would like more information about this topic, please contact Jan Simon at 360-417-3112 or email jan.simon@firstfedcf.org.

First Federal Community Foundation Welcomes New Executive Director

Jan Simon succeeds Karen McCormick, who is retiring

Jan SimonPort Angeles, WA, April 3, 2019– First Federal Community Foundation is pleased to announce that Jan Simon is joining the nonprofit organization as its new executive director. Simon succeeds Karen McCormick, who is retiring from the leadership role and will remain on the Foundation’s board of directors.

Jan Simon brings more than 20 years of experience leading nonprofit organizations. In her more recent roles, Simon served over 15 years as President and CEO of the Washington Lodging Association, and most recently served as the executive director of Seattle’s Center for Spiritual Living. She has been involved in civic and community organizations including Seattle Rotary and the Ballard Ecumenical Homeless Ministry.

“We are delighted to welcome Jan Simon to First Federal Community Foundation,” said Foundation board chairman Norman Tonina. “She brings a wealth of experience, energy, and awareness of the challenges facing our communities and how we can create meaningful and lasting impacts through our foundation.  We believe the Foundation will benefit from her experience in managing financial sustainability, marketing and communications, community leadership, and her experience in fundraising from a grantee perspective.  The board would also like to thank Karen McCormick for her leadership as founding executive director of the Foundation; Karen’s tenacious leadership not only launched the organization but led to $2.9 million in grants over the last 4 years, making a serious impact in the communities we serve.”

“I am honored and delighted to join the First Federal Community Foundation as its executive director,” said Simon.  “In its first four years alone, the Foundation has already made a significant difference in improving the quality of life in Whatcom, Kitsap, Jefferson and Clallam counties.  I look forward to working with the Board and other community leaders to continue build on and grow the Foundation’s impact in delivering benefits to the community, facilitating economic development, and enhancing the availability of affordable housing.”

Simon will join the Foundation in late April.

 

About the First Federal Community Foundation:  First Federal Community Foundation is a private 501(c)3 charitable corporation funded with a gift of cash and stock from First Northwest Bancorp, the parent company of First Federal Savings and Loan Association of Port Angeles. The Foundation provides funding for community support, affordable housing, economic development and community development in communities where First Federal operates a full-service branch.

About First Federal:  First Federal is a subsidiary of First Northwest Bancorp (FNWB). First Federal is a Washington-chartered, community-based savings bank headquartered in Port Angeles, WA. First Federal is currently serving Western Washington through 13 banking centers; located within Clallam, Jefferson, King, Kitsap and Whatcom counties. Member FDIC, Equal Housing Lender. www.ourfirstfed.com / (360)417.3204 / (800)800.1577

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If you would like more information about this topic, please contact Karen McCormick at 360-417-3112 or email at karen.mccormick@firstfedcf.org.

First Federal Community Foundation Appoints New Board Chairman and Elects New Director

Norman Tonina assumes leadership role and Jeffrey Davis joins the foundation’s board of directors.

Port Angeles, WA, May 4, 2018– At its annual meeting held on April 23, 2018, First Federal Community Foundation appointed Norman Tonina chairman of its board of directors, succeeding David Flodstrom who remains on the organization’s board. The foundation recognized and thanked Flodstrom, who served as chairman since the organization was initially funded in 2015. The foundation also elected Jeffrey Davis to a two-year term on its board of directors. Davis joins directors Cindy Finnie, Craig Curtis and Karen McCormick whose terms continue, in addition to Tonina and Flodstrom.

“We are delighted to welcome Norm as our new board chairman,” said foundation executive director Karen McCormick. “He brings a wealth of talent, vision and experience that will benefit our foundation immeasurably.”

Norman J. Tonina, Jr. has served as the Chairman of the Fort Worden Public Development Authority in Port Townsend, Washington since 2015. Tonina is also an adjunct faculty member in Seattle Pacific University’s graduate program in Industrial and Organizational Psychology. Tonina most recently worked at Grameen Foundation, a non-governmental organization focused on enabling the poor to create a world without poverty, where he served as an advisor to the Chief Executive Officer and Board of Directors (2012-16) and as its Chief Human Resources Officer (2010-12), focused on driving strategic alignment, organizational effectiveness, and human resource re-engineering initiatives. He began his career at Digital Equipment Corporation in 1987 and joined Microsoft in 1993 as a finance manager for its Systems products, rising to become Senior Director of Finance for Microsoft’s Platforms and Applications business. In 1999, he transitioned to Human Resources, where he directed major strategic global HR initiatives, spending the majority of his time focused on culture, leadership, and talent strategies. Tonina earned his Bachelor of Arts degree in Business Administration from Northeastern University, a certificate in human resources from the University of Michigan, and a Master’s degree in Organizational Psychology from Antioch University. Tonina continues to be actively involved in community organizations in both Seattle and Port Townsend, Washington.

Jeff Davis is Executive Vice President and Chief Operations Officer of First Federal.  Davis has over 25 years in leadership positions in banking, focusing on Strategy, Product, Operations, and Service Delivery.  Prior to joining First Federal in September, 2014, he was most recently with First Merchants Corporation.  He is a graduate of Indiana Wesleyan University with a Bachelor’s degree in Business Management, and Anderson University with a Master’s in Business Administration.  He is also a graduate from Stonier National Graduate School of Banking.  Davis is currently a director of the Northwest Maritime Center, actively volunteers in several local organizations in Clallam County, and served as a director for Habitat for Humanity of Clallam County.  Prior to moving to Washington State in 2014, Davis served as a director of Indiana APSE and director and Treasurer of Fountains of Hope.

“We are pleased to welcome Jeff Davis to First Federal Community Foundation’s board of directors,” said foundation executive director Karen McCormick. “He sets the standard for giving back to those who need it most, and we are grateful for the exceptional leadership and commitment he brings to the foundation.”

 

About the First Federal Community Foundation:  First Federal Community Foundation is a private 501(c)3 charitable corporation funded with a gift of cash and stock from First Northwest Bancorp, the parent company of First Federal Savings and Loan Association of Port Angeles. The Foundation provides funding for community support, affordable housing, economic development and community development in communities where First Federal operates a full-service branch.

About First Federal:  First Federal is a subsidiary of First Northwest Bancorp (FNWB). First Federal is a Washington-chartered, community-based savings bank headquartered in Port Angeles, WA. First Federal is currently serving Western Washington through 12 banking centers; located within Clallam, Jefferson, King, Kitsap and Whatcom counties. Member FDIC, Equal Housing Lender. www.ourfirstfed.com / (360)417.3204 / (800)800.1577

 

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If you would like more information about this topic, please contact Karen McCormick at 360-417-3112 or email at karen.mccormick@firstfedcf.org.