First Foundation Inc. (NASDAQ: FFWM), a financial services company with two wholly-owned operating subsidiaries, First Foundation Advisors and First Foundation Bank, today announced it recently awarded grants totaling $40,000 to three North Texas nonprofit organizations in honor of North Texas Giving Day, the nation’s largest regional giving event.
One of the founding principles of First Foundation is to establish meaningful connections and relationships with clients, and the natural progression of that principle is to carry the partnership-based approach into the community as well. Through its Supporting Our Communities (“SOC”) initiative, First Foundation awards financial grants as well as the opportunity for in-kind consulting services year-round, while also connecting nonprofits with employees to serve in volunteer opportunities and community building activities.
Southern Dallas Progress Community Development Corporation
First Foundation has awarded $15,000 to Southern Dallas Progress CDC, an organization whose mission is to empower, enable and support community members in their efforts to revitalize Southern Dallas communities and neighborhoods. Southern Dallas Progress also serves as a vehicle through which residents and businesses can work together to solve problems and improve life in their community.
“First Foundation’s donation will help continue to promote and assist in the development of affordable housing, small business development, and other community empowerment projects in Southern Dallas.”
-James H. McGee, President and Board Chair, Southern Dallas Progress.
First Foundation’s donation will help Lovepacs purchase vehicles to allow the organization to successfully meet the growing needs of the community and make it easier for volunteers and their involvement, said Autumn Chavez, Executive Director, Lovepacs.
About First Foundation:
First Foundation Inc. (NASDAQ: FFWM) and its subsidiaries offer personal banking, business banking, and private wealth management services, including investment, trust, insurance, and philanthropy services. This comprehensive platform of financial services is designed to help clients at any stage in their financial journey. The broad range of financial products and services offered by First Foundation are more consistent with those offered by larger financial institutions, while its high level of personalized service, accessibility, and responsiveness to clients is more aligned with community banks and boutique wealth management firms. This combination of an integrated platform of comprehensive financial products and personalized service differentiates First Foundation from many of its competitors and has contributed to the growth of its client base and business.