First Fed Foundation
First Fed Foundation is a private foundation based in Port Angeles, Washington. It began making grants in 2015 after receiving a gift valued at $12 million from First Fed’s parent company when the bank became publicly traded.
First Fed Foundation at a glance
In short: First Fed Foundation gave $643K across 40 grants in 2025 (avg $16K), mostly in Washington. 43% of 2025 grantees were new. Source: 2025 IRS Form 990-PF.
- Annual giving (2025)
- $642,500
- +16.8% vs 2024
- Grants made (2025)
- 40
- +14.3% vs 2024
- Average grant
- $16,063
- +2.2% vs 2024
- Median grant
- $11,250
- Total assets
- $3,799,871
- -17.5% vs 2024
- New grantees (estimate)
- 43% first-time grantees (17 of 40, 2025)
- Primary geography
- Washington (100% of itemized 2025 grant dollars)
- Latest 990 filing
- Form 990-PF, 2025 View filing
Data from IRS Form 990-PF, 2025; updated October 2026. New grantees are estimated by matching recipient names across years (methodology).
How to apply to First Fed Foundation
- How to Apply
-
The 2025 filing names Jan Simon as the contact and directs applicants to the foundation’s grants page for application forms and materials, deadlines, and award restrictions. The filing states that the foundation does not restrict giving to preselected organizations.
- Contact
Application contact: Jan Simon
Mailing address: 105 West Eighth PO Box 351, Port Angeles, WA 98362
Phone: (360) 417-3112
Email: jan.simon@firstfedcf.org
Website: https://firstfedfoundation.org
Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.
Open Grants
1 open opportunity from First Fed Foundation
Who First Fed Foundation funds
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2025
The largest 2025 recipient was Peninsula College ($50K). Together the top 10 received $280K.
Grant Size Distribution
184 grants across all recorded years
The most common grant size was under $50K: 164 grants of 184 (89%).
Geographic Focus
Where this funder awards grants
The foundation says it supports communities in Washington where First Fed operates full-service branches, including Clallam, Jefferson, Kitsap, and Whatcom Counties. All grant dollars reported for 2025 went to recipients in Washington.
Grant Distribution by State
Share of 2025 grant dollars across all 40 itemized grants.
States
Cities
Is First Fed Foundation open to new grantees?
43%
first-time grantees, 2025
In 2025, 17 of 40 grantees (43%) were first-time recipients. First grants averaged $19K; repeat grants $14K. How we count
Medians: $25K first-time, $8K repeat.
- 0% of 2025 grantees were also funded in 2024. Method
- Giving held roughly steady from 2022 to 2025 (−20%). Method
- In 2025 it paid out 395% of its IRS minimum distribution (the 5% rule). Method
Estimate from itemized grant lists in IRS Form 990-PF filings (2019–2025). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2019 to 2025, annual grant giving ranged from $550K (2024) to $860K (2021). In 2025 it made 40 grants totaling $643K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Peninsula College Port Angeles, WA | Economic Development | $50,000 |
| Olympic Peninsula Young Men's Christian Assn Sequim, WA | Community Development | $30,000 |
| City of Port Angeles Fire Department Port Angeles, WA | Community Development | $25,000 |
| Clallam County Public Hospital District #1 Forks, WA | Community Development | $25,000 |
| Dove House Advocacy Services Port Townsend, WA | Housing & Homelessness | $25,000 |
| Ferndale Food Bank Ferndale, WA | Community Support | $25,000 |
| Forks Community Food Bank Forks, WA | Community Support | $25,000 |
| Habitat for Humanity of East Jefferson County Port Townsend, WA | Housing & Homelessness | $25,000 |
| Lifewire Bellevue, WA | Housing & Homelessness | $25,000 |
| Olympic Housing Trust Port Townsend, WA | Housing & Homelessness | $25,000 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Net Investment Income | Distributable Amount |
|---|---|---|---|---|---|---|---|---|
| 2025 | $3,799,871 | $34,704 | $790,043 | $642,500 | 40 | $787,884 | $65,748 | $199,568 |
| 2024 | $4,603,245 | $198,409 | $666,507 | $550,000 | 35 | $666,507 | $198,409 | $301,902 |
| 2023 | $5,075,281 | $292,444 | $723,766 | $600,000 | 36 | $723,766 | $292,444 | $339,233 |
| 2022 | $5,505,316 | $525,547 | $925,375 | $800,000 | 39 | $920,385 | $525,547 | $506,086 |
| 2021 | $5,904,747 | $472,152 | $990,885 | $860,000 | 34 | $990,885 | $472,152 | $518,579 |
| 2020 | $6,425,113 | $329,267 | $953,286 | $840,000 | 41 | — | $329,267 | $428,139 |
| 2019 | $7,046,525 | $240,859 | $955,748 | $850,000 | 36 | — | $240,859 | $586,088 |
Under IRS private-foundation payout rules, First Fed Foundation reported a distributable amount of $200K for 2025 — the minimum it must pay out in qualifying distributions.
Research compiled by Grantable AI from public sources. Last updated October 2026.
Mission & Focus Areas
The foundation describes its commitment as benefiting low- to moderate-income, disadvantaged, and/or marginalized people and families. Its 2025 grants included awards recorded for economic development, community development, community support, and housing and homelessness.
The grantees’ missions illustrate the kinds of organizations supported. Olympic Peninsula YMCA describes its work as strengthening communities through programs and services that build healthy spirit, mind, and body. Port Angeles Food Bank says it provides food to individuals and to area pantries and meal programs. Olympic Housing Trust says it develops and stewards land for permanently affordable housing and related community needs. Peninsula Behavioral Health describes its work as providing behavioral health and substance-use-disorder counseling in Clallam County.
Grantmaking
In 2025, the foundation reported 40 grants totaling $642,500. Grants ranged from $5,000 to $50,000, with a median of $11,250. Its largest listed award was $50,000 to Peninsula College for economic development. Other notable awards included $30,000 to Olympic Peninsula Young Men’s Christian Association and $25,000 each to City of Port Angeles Fire Department, Clallam County Public Hospital District #1, Dove House Advocacy Services, Forks Community Food Bank, Olympic Housing Trust, Peninsula Behavioral Health, and Port Angeles Food Bank.
Leadership & Key People
Leadership team and compensation from IRS filings
The 2025 filing lists Norman J Tonina Jr as president, Jan Simon as executive director, Candice Avery as treasurer, and Laurie Hawkins as secretary. It also lists Johanna Bartee, Cindy H Finnie, and Diane Davis as directors.
First Fed Foundation is led by Jan Simon, Executive Director on every filing since 2019; 2 of 7 officers listed in 2025 are compensated.
Officers on the 2025 filing
Jan Simon
Executive Director
On filings since 2019
35 hrs/week
$48K (2019) → $83K (2025)
Norman J. Tonina Jr.
President
Chairman → President, 2021
On filings since 2019
4 hrs/week
No compensation reported
Cindy H. Finnie
Director
On filings since 2019
2 hrs/week
No compensation reported
Diane Davis
Director
New on the 2025 filing
2 hrs/week
No compensation reported
Johanna Bartee
Director
New on the 2025 filing
2 hrs/week
No compensation reported
Laurie Hawkins
Secretary
On filings since 2021
2.3 hrs/week
$4K (2022) → $5K (2025)
Candice Avery
Treasurer
On filings since 2022
2 hrs/week
No compensation reported
Former officers (7)
- Former: Karen McCormick (2019–2024) — Director
- Former: Dana Behar (2022–2024) — Director
- Former: Craig Curtis (2019–2022) — Director
- Former: Joyce Ruiz (2021–2022) — Assistant Secretary
- Former: Troy Wills (2022) — Director
- Former: Candi Avery (2021) — Treasurer
- Former: David T. Flodstrom (2019–2020) — Director
Data from IRS Form 990 filings, 2019–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Compensation Overview
From 2025 IRS filing
The highest reported compensation on the 2025 filing was $83K, to Jan Simon (Executive Director). 2 officers or directors reported compensation on that filing.
Frequently asked questions about First Fed Foundation
How much does First Fed Foundation give each year?
First Fed Foundation gave $643K across 40 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $550K across 35 grants.
What is First Fed Foundation's typical grant size?
First Fed Foundation's median grant in 2025 was $11,250, and its average grant was $16,063, across 40 grants on its 2025 IRS Form 990-PF. Organizations receiving their first grant from First Fed Foundation that year got $19K on average.
Where does First Fed Foundation give grants?
First Fed Foundation gives mostly in Washington: 100% of the grant dollars itemized on its 2025 IRS Form 990-PF went to recipients there. The most frequent recipient cities were Port Townsend, WA (7 grants), Port Angeles, WA (6 grants), Bremerton, WA (6 grants) and Bellingham, WA (5 grants).
Does First Fed Foundation give general operating support?
Not in 2025: none of the 40 grants with a stated purpose on First Fed Foundation's 2025 IRS Form 990-PF were described as general or operating support. Recurring purposes include "Community Support" (24 grants), "Housing & Homelessness" (9 grants) and "Community Development" (4 grants).
Who are First Fed Foundation's largest grantees?
First Fed Foundation's largest 2025 grantees include Peninsula College ($50,000), Olympic Peninsula Young Men's Christian Assn ($30,000) and City of Port Angeles Fire Department ($25,000), according to its 2025 IRS Form 990-PF. Together they received 16% of its itemized 2025 grant dollars.
How large is First Fed Foundation?
First Fed Foundation reported $3.8M in total assets on its 2025 IRS Form 990-PF. It paid out $788K in qualifying distributions that year, against a required minimum of $200K (roughly 5% of its investment assets).
What does First Fed Foundation fund?
The foundation describes its commitment as benefiting low- to moderate-income, disadvantaged, and/or marginalized people and families. Its 2025 grants included awards recorded for economic development, community development, community support, and housing and homelessness. See mission & focus areas ↑
How do I apply for a grant from First Fed Foundation?
The 2025 filing names Jan Simon as the contact and directs applicants to the foundation’s grants page for application forms and materials, deadlines, and award restrictions. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑
What is First Fed Foundation's EIN?
First Fed Foundation's EIN (Employer Identification Number) is 46-3425308. IRS Form 990 filing data is available on this page for 2019–2025.
Data last updated October 2026. Sourced from IRS Form 990-PF filings. Research dossier generated October 2026.
Data update history
(8)
When this profile's IRS filing data changed on Grantable
- Updated Form 990-PF for fiscal year 2019 (received by the IRS May 6, 2020)
- Updated Form 990-PF for fiscal year 2020 (received by the IRS May 11, 2021)
- Updated Form 990-PF for fiscal year 2022 (received by the IRS May 15, 2023)
- Updated Form 990-PF for fiscal year 2024 (received by the IRS May 7, 2025)
- Added Form 990-PF for fiscal year 2021 (received by the IRS May 16, 2022)
- Added Form 990-PF for fiscal year 2023 (received by the IRS May 7, 2024)
- Added Form 990-PF for fiscal year 2025 (received by the IRS May 12, 2026)
- IRS filings on file for fiscal years 2019–2024
Explore Open Grants
Browse active grant opportunities in First Fed Foundation's focus areas in our free grants database
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Cite this profile
Grantable. (2026). First Fed Foundation funder profile. GrantGraph. Retrieved October 8, 2026, from https://grantable.co/funders/first-fed-foundation-morg_bc4144bcb0924b48a6f0a39ebe900947
BibTeX
@misc{grantable_463425308_2026,
author = {{Grantable}},
title = {{First Fed Foundation funder profile}},
howpublished = {GrantGraph},
year = {2026},
url = {https://grantable.co/funders/first-fed-foundation-morg_bc4144bcb0924b48a6f0a39ebe900947},
note = {Accessed 2026-10-08. Data licensed CC BY 4.0}
}The figures on this page are open data under CC BY 4.0: reuse them with credit to Grantable and a link. Download the data.
Figures come from First Fed Foundation's IRS filings (methodology). AI-written summaries, news items and logos are not covered by the open licence. Spot an error? Email hello@grantable.co.
First Fed Foundation down — hundreds of funders to go?