In 2020, First Interstate Bank and the Foundation collectively awarded $5 million in support across our six-state footprint. With a focus to strengthen our communities, 66% of these dollars focused on poverty and were awarded to nonprofits actively assisting low- and moderate-income individuals and communities.
The Foundation relies on branch leadership to recommend funding based on the needs of their respective communities. Grants are evaluated based on the nonprofits’ organizational backgrounds, community benefit and support, the strength of the nonprofits’ leadership, and the nonprofits’ financial stability. Grants are awarded after careful consideration by the local market, Foundation staff, and Board of Directors.
Recipients included civic and community, arts and culture, K-12 and higher education, health, human services, and sustainability-related organizations.
The Foundation only grants to organizations recommended by local First Interstate Bank branches. Unsolicited grant applications will be referred to branches. Requests are continually reviewed.
Send a Letter of Inquiry to your local First Interstate Bank branch location. Find a branch near you.
If your local First Interstate Bank invites you to complete a grant application, you will be provided with a password. Please follow the below link and sign in creating your own credentials. The Foundation only grants to organizations recommended by local First Interstate branches. Unsolicited grant applications will be referred to the local branch. Requests are reviewed continuously. Please call or email the Foundation for more information at 406-255-5393 or firstname.lastname@example.org
The local First Interstate branch & First Interstate Foundation will review your application and send you an award or declination letter.
The Foundation only awards grants to organizations with a tax exempt status from federal income tax under Section 501 (c) (3) of the Internal Revenue Code, qualifies as a publicly supported organization as described in Section 509 (a) of the Code, or can present evidence that the applicant is a legally established unit of government. The Foundation only considers projects that have significant impact within the communities First Interstate Bank serves.
Areas deemed to be less appropriate to receive funding are: individuals, projects that do not have a significant impact within communities the First Interstate Bank serves, projects designed to influence legislation or elect candidates to public office, projects of sectarian or religious organizations whose services are limited to members of any one religious group, projects which clearly represent a duplication of effort, any project that in any manner implies restriction of services based on sex, race, age, and religious affiliation and endowments.
Percent of grants helping to eliminate hunger and homelessness, provide affordable housing, and improve the economics of individuals.
From April to December, the Foundation processed 145 grants specific to COVID relief.