First Federal Foundation Inc

BURLEY, ID EIN: 57-1141539

First Federal Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in BURLEY, ID. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $2.0M in total assets. In 2024, it awarded 34 grants totaling $105K. Net investment income was $90K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$2.0M

+4.1% YoY

Annual Giving

$105K

-8.2% YoY

Grant Count

34

-2.9% YoY

Avg Grant Size

$3K

-5.5% YoY

Under IRS private-foundation payout rules, First Federal Foundation Inc reported a distributable amount of $95K for 2024 — the minimum it must pay out in qualifying distributions.

About First Federal Foundation Inc

Based on IRS filings

First Federal Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in BURLEY, ID. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $2.0M in total assets. In 2024, it awarded 34 grants totaling $105K. Net investment income was $90K.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

2states

Cities

BoiseBuhlBurleyCastlefordEagleFilerGarden CityGoodingHagermanHaileyHansenHazeltonHeyburnJeromeKimberlyLakewoodMeridianMurtaughNampaOakley

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$62K$124K$187K$249K20202021202220232024
Metric202420232022
Total Assets$1,985,396$1,906,764$1,888,052
Revenue$184,843$132,897$226,323
Expenses$106,211$114,185$86,185
Qualifying Distributions$104,871$114,185$85,890
Net Investment Income$90,083$70,587$21,922
Distributable Amount$94,592

Giving Over Time

Total grant dollars and number of grants per year

$0$29K$57K$86K$114K27 grants202025 grants202123 grants202235 grants202334 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

IDAHO FOOD BANK$5KRISING STARS THERAPEUTIC…$5KASTEGOS INC$5KUSCRI REFUGEE PROGRAMS$5KCASTLEFORD SCHOOL DISTRICT$5KTWIN FALLS COUNTY FAIR$5KMINIKOKA COUNTY FIRE PRO…$5KTWIN FALLS SCHOLL DISTRI…$5KLOVE YOURSELF$5KSOUTH CENTRAL COMMUNITY …$5K

Grant Size Distribution

144 grants across all recorded years

144<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Idaho Food Bank ($5,000), Rising Stars Therapeutic Riding Ctr ($5,000), Astegos Inc ($5,000).

RecipientPurposeAmount
JEROME LITTLE TIGERS PRESCHOOL JEROME, IDCOMMERCIAL WASHER & DRYER$2,940
JEROME SENIOR CITIZENS CENTER JEROME, IDKITCHEN EQUIPMENT$1,788
VALLEY HOUSE HOMELESS SHELTER TWIN FALLS, IDBEDDING$2,770
AGELESS SENIOR CITIZENS KIMBERLY, IDHANDICAP ACCESSABLE DOOR$4,404
BOISE CONTEMPORARY THEATER BOISE, IDDOORWAY CONTROL SYSTEM$3,500
BUHL FAMILY NETWORK INC BUHL, IDPLAY GROUND EQUIPMENT$1,262
BUHL SCHOOL DISTRICT BUHL, IDELECTRONIC COMPONENTS$1,575
CASTLEFORD SCHOOL DISTRICT CASTLEFORD, IDFIRE ALARM SYSTEM$4,998
COLLEGE OF SOUTHERN IDAHO TWIN FALLS, IDTECHNOLOGY EQUIPMENT$3,221
IDAHO FOOD BANK MERIDIAN, IDLOADING DOCK IMPROVEMENTS$5,000

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

NameTitleHoursCompensation
LORI WARDPRESIDENT-DI
RON CLAWSONDIRECTOR
LUKE SCHROEDERDIRECTOR
ZACHARY KELSEYDIRECTOR
SETH COLLINSSECRETARY-DI
ANGELA OLIVERDIRECTOR
CESAR PEREZDIRECTOR
DR L DEAN FISHERDIRECTOR
PAMELA MCCLAINDIRECTOR

Subject Areas

Focus areas based on grantmaking activity

Frequently Asked Questions

What is First Federal Foundation Inc?

First Federal Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in BURLEY, ID. It holds $2.0M in total assets as of 2024.

How large is First Federal Foundation Inc?

As of 2024, First Federal Foundation Inc holds $2.0M in total assets with $185K in annual revenue. It awarded 34 grants totaling $105K in 2024.

Where does First Federal Foundation Inc operate?

First Federal Foundation Inc has awarded grants in Colorado, Idaho.

What size grants does First Federal Foundation Inc award?

In 2024, First Federal Foundation Inc awarded 34 grants totaling $105K — an average of about $3K per grant, based on its IRS Form 990 filings.

How much is First Federal Foundation Inc required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, First Federal Foundation Inc reported a distributable amount of $95K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is First Federal Foundation Inc's EIN?

First Federal Foundation Inc's EIN (Employer Identification Number) is 57-1141539. IRS Form 990 filing data is available on this page for 2020–2024.

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Data last updated April 2026. Sourced from IRS Form 990-PF filings.

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