Funds dedicated toward improving the quality of family and community life through low-cost housing, support services, and advocacy
TUCSON, Ariz. — August 1, 2023 — Compass Affordable Housing recently received a $25,000 gift from First Interstate Bank and the First Interstate BancSystem Foundation as part of their second-annual Believe in Local grant campaign. These funds will be deployed to support programs and housing that is affordable at the local, state, and national levels.
“We are incredibly appreciative of First Interstate’s generosity and support,” said Maryann Beerling, chief executive officer of Compass Affordable Housing. “This donation helps us to continue to improve the quality of family and community life in the Tucson area. We’re thankful to have dedicated partners like First Interstate working with us to support and strengthen our community.”
First Interstate Bank launched the Believe in Local campaign in 2022 to celebrate the Bank’s longstanding commitment to the communities it serves. Each year, 40 nonprofit organizations across the Bank’s 14-state footprint receive a $25,000 gift in support of their mission. Compass Affordable Housing was nominated by local First Interstate employees and selected from a pool of over 500 submissions thanks to its alignment with the Bank’s philanthropic goals.
“Giving back to the places we call home is central to who we are as a community bank,” said Richard Mullen, First Interstate commercial relationship manager in Tucson. “Our Believe in Local grant campaign captures our core values in action and is the ideal way to celebrate the nonprofit organizations that deliver the greatest positive impact. We’re thrilled to have the opportunity to further support Compass Affordable Housing in its work to make our community a better place to live, work, and raise a family.”
In addition to campaigns like Believe in Local, First Interstate makes annual donations and grants totaling at least 2% of its pre-tax earnings to local communities. These funds aid in the improvement of workforce development, boost early childhood education, mitigate poverty, and support nonprofit organizations.
For more information on First Interstate Bank’s philanthropic efforts, please visit the Bank’s website.