First Interstate, FHLB Award Over $980K to Washington Nonprofits

Over the coming weeks, 33 Washington nonprofits will receive surprise donations totaling over $980,000 from First Interstate Bank, the First Interstate BancSystem Foundation, and the Federal Home Loan Bank (FHLB) of Des Moines’ Member Impact Fund.

Recipients were selected based on their need for grant funding to support capacity-building or working capital necessary to strengthen their ability to serve affordable housing or community development needs, including training, predevelopment assistance, management information systems or software, strategic planning, market study or community needs assessment, and working capital. The recipients are listed below.

Organization	City/Region	State
Anna Schindler Foundation	Spokane	Washington
ARC of Spokane	Spokane	Washington
BankWork$/YWCA	Seattle	Washington
Big Table	Spokane	Washington
Boys and Girls Club of King County	Seattle	Washington
Boys and Girls Club of Snohomish County	Snohomish	Washington
Cancer Community Fund	Spokane	Washington
Community Frameworks	Spokane	Washington
Domestic Abuse Women’s Network Seattle	Seattle	Washington
Family Promise	Spokane	Washington
Forterra	Seattle	Washington
Harvest Against Hunger	Seattle	Washington
Innovia Foundation	Spokane	Washington
Junior Achievement	Auburn	Washington
King Makers	Seattle	Washington
Museum of Arts and Culture	Spokane	Washington
Northeast Youth Center	Spokane	Washington
Ocosta Cares	Westport	Washington
People Organized to Operate Leisure	Raymond	Washington
Pierce College Foundation	Puyallup	Washington
Rayce Rudeen Foundation	Liberty Lake	Washington
Second Harvest	Spokane	Washington
Skyline Foundation	White Salmon	Washington
Spokane Eastside Reunion Association	Spokane	Washington
Spokane Hope	Spokane	Washington
Spokane Neighborhood Action Partners	Spokane	Washington
St. James Family Center	Cathlamet	Washington
Steilacoom Kiwanis Foundation	Steilacoom	Washington
Teen and Kid Closet	Spokane	Washington
Treehouse	Seattle	Washington
Washington Gorge Action Program	Cook	Washington
Wellspring Family Services	Seattle	Washington
YWCA Spokane	Spokane	Washington

“This is what community banking is all about—helping the places we call home reach their greatest potential,” said Ryan Boschee, First Interstate Bank’s Pacific Northwest regional president. “These nonprofits’ impact can’t be understated. We are grateful to FHLB Des Moines for partnering with us on this initiative and thrilled to put our values into action to benefit our communities.”

FHLB Des Moines launched its Member Impact Fund in 2023 to support affordable housing and community development initiatives. The fund provides a three-to-one match of FHLB member banks’ contributions to organizations that support these efforts.

First Interstate makes annual donations and grants to local community organizations throughout its 14-state footprint, with contributions funded by setting aside 2% of pre-tax earnings. These funds aid valuable initiatives, from improving workforce development to boosting early childhood education to mitigating poverty. More information on First Interstate Bank’s philanthropic efforts can be found in our Community Scorecard.

About FHLB Des Moines

The Federal Home Loan Bank of Des Moines is deeply committed to strengthening communities, serving 13 states and three U.S. Pacific territories as a member-owned cooperative. It works with over 1,200 member institutions to support affordable housing, economic development, and community improvement. FHLB Des Moines is one of 11 regional Banks that comprise the Federal Home Loan Bank System. Members include community and commercial banks, credit unions, insurance companies, thrifts, and community development financial institutions. FHLB Des Moines is wholly owned by its members and receives no taxpayer funding.