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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 brings together the best of both worlds, combining the scale, stability and solutions of a leading Canadian financial institution with the care and community leadership of a local cooperative. Powered by the leadership of Launi Skinner, First West is Canada’s premier multi-brand credit union, serving 283,000 members through four admired community brands: Envision Financial, Valley First, Island Savings, and Enderby & District Financial. With approximately $20 billion in total assets and assets under administration, First West makes it easy for its members to get impactful, practical advice and personalized service that’s truly in their best interests, through 45 branches across B.C., a Member Advice Centre and leading digital tools.

Since 2010, First West has given back more than $41 million to its communities, while cultivating a culture with its 1,250 team members that is recognized nationally with Canada’s Most Admired Cultures Award, BC’s Top Employers Award, 5-Star Psychological Safety Award, and the Canadian Workplace Wellbeing Award. Learn more at firstwestcu.ca and see how we’re redefining banking to create a future where everyone can flourish.

Media Contacts

Josh Juhlke

Communications Manager
c: 604.309.6066
jjuhlke@firstwestcu.ca