First Tech Federal Credit Union announces $1 million awarded to education nonprofits
Benefiting California nonprofits include The TECH Museum, Boys and Girls Clubs of Silicon Valley, Junior Achievement of Northern California, Among many others
SAN JOSE, CA (May 31, 2018) — First Tech Federal Credit Union approved more than $1 million in grants to nonprofit organizations in California, Oregon and Washington. The fifty-four organizations that received funding focus on supporting children in underserved communities with an emphasis on access, equity and inclusion, especially in the areas of math and science, technology and education.
The $1 million awarded to education partners is part of the credit union’s ongoing philanthropic work within local communities; supporting local organizations focused on impactful change. First Tech is committed to building strong relationships with organizations, helping to create an inclusive community where children have the tools they need to learn, be healthy and succeed.
Boys and Girls Clubs of Silicon Valley is among the organizations to receive funding with a $20,000 grant to support 21st Century Learning initiative. “Boys & Girls Clubs of Silicon Valley is committed to transforming the lives of at-risk youth,” said Mark Washbush, Chief Operating Officer. “Through our programs, we engage young people in learning, encourage them to succeed and help them become the self-directed, lifelong learners we want them to be. Our success could not be possible without the trust and support of our partners. Among our strongest advocates is First Tech Federal Credit Union: a transformative partner that, through their generosity, ensures that Santa Clara County youth can continue to develop the 21st-century skills they need to be successful in school, a career and life.”
“As the credit union for the world’s leading technology companies, access to education – especially science, technology, engineering and math – is in strong alignment with First Tech’s values,” said Nicole Frisch, Community Engagement Director at First Tech. “We’re excited to partner with so many extraordinary education organizations to help strengthen our communities. Together, we’re fueling the future for the next generation of leaders, thinkers and innovators.”
In addition to those previously mentioned, grants awarded during the recent cycle include the following:
Computer History Museum, Mountain View; $35,000 to support the Fellows Awards and Design Code Build, a program that works to bridge the digital divide by providing underrepresented youth access to STEM workshops.
East Palo Alto Kids Foundation, East Palo Alto; $10,000 to support Educator Micro Grants, a program that provides teachers with critical funding to help bridge wide gaps in funding and resources.
Family Giving Tree, Milpitas; $25,000 to support Back-to-School Drive Backpack Build, a program that provides backpacks filled with school supplies to those children most in need in our communities.
Junior Achievement of Northern California, Walnut Creek; $10,000 to support Project SUCCEED, a program that equips youth with the financial knowledge and skills necessary to make informed financial choices.
The Tech Museum of Innovation, San Jose; $10,000 to support Girls @ The Tech initiative, a program that builds a pipeline for girls to nurture their interest, boost their skills and solidify their confidence in STEM.
In 2017, First Tech provided more than $3 million in charitable giving and more than 31,000 employee volunteer hours to the community; directing dollars and time to nonprofit partners who provide programs and services to children and families in need. First Tech’s philanthropic focus areas include support for education (STEM, early childhood literacy and financial education), research (Children’s Miracle Network Hospitals and supportive health services for children) and innovation (food, shelter and safety).
Visit firsttechfed.com/community to learn more about the ways First Tech pays it forward during the holiday season and throughout the year.
About First Tech Federal Credit Union
First Tech Federal Credit Union is the banking partner for tech innovators. As the largest national credit union founded by and for the people of tech, First Tech understands the unique financial needs of their community and tailors services and solutions for them, including in-person banking, online and mobile banking, mortgages, loans, an investment division and more. Because First Tech is member-owned, it puts people over profits, with competitive rates and lower fees that provide members with the roadmap they need for future financial success. Founded more than 70 years ago, First Tech has over $17 billion in assets and serves employees of cutting-edge companies like Microsoft, Intel, Cisco, Amazon, Nike and Google through its dozens of branch locations and more than 5,600 Co-Op Shared Branch locations across the U.S. First Tech is federally insured by the NCUA and is an Equal Housing Lender. For more information, visit www.firsttechfed.com.
