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MEDIA CENTER

Record-setting $1,078,983 invested into the community through First West Foundation

LANGLEY, B.C. – The First West Foundation, through its Envision Financial, Valley First, Island Savings and Enderby Financial Community Endowments, is granting $1,078,983 this year – a total of 89 grants – to deserving charities throughout B.C. This is the largest granting cycle in First West Foundation’s 26-year history.

This record-setting year has even greater significance with First West Foundation shifting its grantmaking approach to align with trust-based philanthropy principles.

“Trust-based philanthropy is an approach to granting that seeks to shift power inequities between funders, charities and the communities they serve to create a healthier, more equitable sector for all”, says Susan Byrom, executive director of the First West Foundation. “By listening to the feedback of our charitable partners, we have reduced barriers in the grant application process, freeing up their valuable time and resources to help them do what they do best— help our communities thrive.”

Additionally, all funds granted this year are unrestricted, further aligning with the foundation’s trust-based philanthropy evolution. Unrestricted funding provides grantees the flexibility to assess and determine where grant dollars are most needed and allows for innovation, emergent action, and support for operational expenses.

Since 1998, the First West Foundation has provided 1,521 grants totaling over $9 million in funding through its regional community endowments, special community partnerships and named endowments. Here are the of organizations receiving grants in 2022:

Company Information

About First West Credit Union

First West Credit Union offers members the financial strength, comprehensive product selection and extended branch network of a large financial institution while maintaining local brand identities and a unique grassroots approach to service. Led by Launi Skinner, First West is one of Canada’s largest credit unions with nearly $18.6 billion in total assets and assets under administration, more than 253,000 members and approximately 1,250 team members. It operates 45 branches throughout the province under the Envision Financial, Valley First, Island Savings and Enderby & District Financial brands. Visit firstwestcu.ca for more information on First West Credit Union.

Media Contacts

Josh Juhlke

Communications Manager
c: 604.309.6066
jjuhlke@firstwestcu.ca