First Foundation | September 27, 2022
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.
TIAA | September 08, 2022
TIAA has teamed up with Girls in Tech (GIT), a global nonprofit with more than 100,000 members focused on closing the gender gap in technology careers.
"TIAA is committed to doing the hard work to understand the challenges and clear the path for women in tech, We're excited to collaborate with Girls in Tech to unlock opportunities for women in all stages of their STEM careers and empower them to reach their goals."
-Sastry Durvasula, Chief Information and Client Services Officer, and a board member for the nonprofit.
TIAA will collaborate with GIT throughout 2022 and 2023 for multiple initiatives including the GIT Hackathon, Startup Challenge, Digital Career Fair, Mentorship Program, Cybersecurity Webinars and the upcoming Girls in Tech conference.
"Joining forces with TIAA, a mission-driven organization with more than 100 years serving others, is an important milestone in our journey, This collaboration will elevate our positive impact in building the diverse and inclusive tech workforce the world needs."
-Adriana Gascoigne, Girls in Tech Founder and CEO.
The Girls in Tech Conference will take place in-person in Nashville, Wednesday, Sept. 7. Participants from all over the world will gather to find community, sharpen their skills, learn how to advance their careers in tech, and discover companies that are leveraging technology to drive change and growth within their industries. Most importantly, they will learn how they can be a part of that change.
Wendy Harrington, Chief Information Officer, TIAA Wealth and Corporate Technology, will deliver a keynote address about her own career journey in her talk titled Destination Unknown: Enjoy the Journey.
TIAA ambassadors and recruiters will be on hand at the expo to discuss the exciting technology agenda, job openings and culture at TIAA, as well as share stories of their own career paths in technology.
TIAA is a leading provider of secure retirements and outcome-focused investment solutions to millions of people and thousands of institutions. It is the #1 not-for-profit retirement market provider1, paid more than $6.4 billion in lifetime income to retired clients in 2021 and has $1.2 trillion in assets under management (as of 6/30/2022)2.
You:Flourish | September 16, 2022
You:Flourish, the first wellness and behavioral health smartphone application designed specifically for the needs of the LGBTQ+ community, has launched its equity crowdfunding campaign to the public on Wefunder, empowering people to take action and address the significant mental health crisis among the LGBTQ+ community. The app is slated to launch in the first quarter of 2023.
You:Flourish's Community Round of investment is open to anyone from traditional investors to individuals making their first impact investment. For as little as $100, individuals can do their part to participate in the company's core mission and support the LGBTQ+ community.
It has been a record year for anti-LGBTQ+ bills. According to the Human Rights Campaign, more than 300 anti-LGBTQ+ bills had been proposed in state legislatures by April 2022.
"We need champions who will step up for the LGBTQ+ community, We talk about the rising numbers of LGBTQ+ youth attempting suicide, and we read the stories of transgender individuals who are denied health care. No matter where you live or who you know in the LGBTQ+ community, now is the time when we can make a significant impact and take action against wrongdoing."
-David Kendall, a lead investor in You:Flourish's.
Modeled on a behavior change framework, You:Flourish is designed by public health, wellness and behavioral health professionals and provides access to vetted, LGBTQ+-affirming behavioral health support.
The You:Flourish platform allows users to customize a peer support community with shared intersectional identities, establish wellness goals, track daily habits and earn rewards for engagement. In addition to a library of resources and interactive content, You:Flourish offers a directory of vetted mental health professionals who are trained to provide culturally relevant and LGBTQ+-affirming behavioral health interventions.
Mental health professionals who don't have LGBTQ+ behavioral health training and want to serve this community can receive training through You:Flourish's partner Envision:You. A nonprofit, Envision:You addresses gaps in behavioral health outcomes for LGBTQ+ individuals. Through its multiphase Behavioral Health Provider Training Program, Envision:You works with mental health professionals across the United States to address biases that exist in the field and to train providers to deliver culturally relevant and affirming care.
According to Gallup, the proportion of U.S. adults who consider themselves to be lesbian, gay, bisexual or transgender has grown at a faster pace over the past year than in prior years. Roughly 21% of Generation Z Americans who have reached adulthood — those born between 1997 and 2003 — identify as LGBT.
"Seeing your identity and who you are as a person splashed across headlines and demonized by political leaders undermines the mental health and well-being of a community that's already at risk, At the end of the day, this is about saving lives, creating meaningful and life-affirming connections, and providing hope for people who have lost it."
-Steven Haden Founder and CEO You:Flourish.
You:Flourish is a public benefit corporation balancing purpose and profit to bring wellness and affirming resources to members of the LGBTQ+ community. The You:Flourish smartphone application is created, curated and supported by Envision:You, a nonprofit organization that seeks to close gaps in behavioral health outcomes for LGBTQ+ individuals through co-created community programming, advocacy engagement, public awareness campaigns and evidence-based training. CoPeace, an ESG holding company that invests in growing companies demonstrating social and environmental impact, is offering services including fractional C-suite support to You:Flourish.
NONPROFIT MANAGEMENT,NONPROFIT TECHNOLOGY,FINANCIAL MANAGEMENT
FinOps Foundation | September 12, 2022
The FinOps Foundation, a part of The Linux Foundation's non-profit technology consortium focused on advancing the people and practice of cloud financial management, announced today that insurance giant, AIA Group, is joining as a Premier Member company.
As part of AIA's Premier Membership, Keith Austin, Associate Director of Cloud Services, leading the Cloud Centre of Excellence at AIA, will join the FinOps Governing Board as a voting member to help craft Foundation strategy and direction. The Governing Board sets the strategy of the program, including where to invest resources and funds in support of the Technical Advisory Council's work.
For more than a century, AIA has strived to make a significant, positive impact for customers and communities across Asia. As the largest independent publicly listed pan-Asian life insurance group—with a presence in 18 markets across Asia—how it evolves impacts millions of people every day.
Amid the growth of cloud computing, AIA's transition to the cloud has been enormous, increasing cloud adoption to 78%, ahead of the global average in the financial services and insurance industry. FinOps teams and practices enable companies to gain greater control over their cloud spend forecasting and migration planning. FinOps is now practiced in every major industry and AIA will lead the early growth of FinOps in the Asia-Pacific region, which is following North America and Europe in FinOps adoption, research shows.
"The common thread that unites our Technology, Digital, Analytics (TDA) team is that everybody is an expert in their respective fields. We bring together the best providers and hire top talent, and we empower our teams to build frictionless, world-class systems and products. This will now include the FinOps Foundation, By leveraging the power of TDA to transform into a customer-centric, world-class digitally-enabled insurer, we enhance our resilience and abilities to capture the growth opportunities. This also deepens our purpose to help millions of people in Asia to live healthier, longer, better lives."
-Marcel Malan, AIA Group's Head of Group IT Operations.
AIA's cloud first strategy is a fundamental pillar for AIA to be able to scale and modernize with the needs of customers, agencies and distributors, and it leads its peers in Asia in doing so.
"AIA's rapid cloud adoption takes courage, leadership and a committed team and partnership, We welcome AIA as a Premier Member. Its commitment to evolve to the cloud computing world is an example of how all companies, whether deeply established or brand new, can and must take advantage of technological advances to better meet their customer needs and stay ahead of competitors. AIA's membership in the FinOps Foundation will be a huge asset to the larger FinOps community as we develop and instill best practices across industries and continents."
-J.R. Storment, Executive Director of the FinOps Foundation.
The FinOps Foundation has continued its rapid expansion. It now serves over 7,500 community members from more than 2,500 organizations. End user members gain exposure in the FinOps community, have easy access to training and enhanced recruitment opportunities - accelerating the adoption, and are coached on the development of their FinOps practices.
The latest FinOps Foundation research indicates that large companies will continue to adopt FinOps, due to the complexity of their cloud environments, reporting requirements and the sheer number of disparate teams requiring collaboration. Also, the research found that financial services and IT industries practice FinOps most, followed by other industries.
About the FinOps Foundation:
The FinOps Foundation (F2) is a non-profit trade association made up of FinOps practitioners around the world including Atlassian, Autodesk, Gannett, HERE Technologies, Just Eat, Nationwide and Spotify. Grounded in real world stories, expertise, and inspiration for and by FinOps practitioners, the FinOps Foundation is focused on codifying and promoting cloud financial management best practices and standards to help community members and their teams become better at cloud financial management.
About AIA Group:
AIA Group Limited and its subsidiaries (collectively "AIA" or the "Group") comprise the largest independent publicly listed pan-Asian life insurance group. It has a presence in 18 markets – wholly-owned branches and subsidiaries in Mainland China, Hong Kong SAR(1), Thailand, Singapore, Malaysia, Australia, Cambodia, Indonesia, Myanmar, New Zealand, the Philippines, South Korea, Sri Lanka, Taiwan (China), Vietnam, Brunei and Macau SAR(2), and a 49 per cent joint venture in India.
The business that is now AIA was first established in Shanghai more than a century ago in 1919. It is a market leader in Asia (ex-Japan) based on life insurance premiums and holds leading positions across the majority of its markets. It had total assets of US$340 billion as of 31 December 2021.
AIA meets the long-term savings and protection needs of individuals by offering a range of products and services including life insurance, accident and health insurance and savings plans. The Group also provides employee benefits, credit life and pension services to corporate clients. Through an extensive network of agents, partners and employees across Asia, AIA serves the holders of more than 39 million individual policies and over 16 million participating members of group insurance schemes.