Firstmark Credit Union Foundation

“Upon completion of form 990, the cfo and ceo will review it and deliver it to the governing body for final approval.”

“No documents available to the public”

“In october 2021, firstmark credit union introduced the power of the dollar checking to include a 1 impact fee (paid by members). The monthly impact fee goes directly to the firstmark foundation, to make a tangible, positive impact in the education community through the collective support of the membership. On behalf of the credit union members, the firstmark foundation will fund significant needs across school districts, such as constructing new facilities, improving existing amenities, enhancing learning spaces, and providing educator grants and student scholarships. To commemorate its launch, the firstmark foundation presented its inaugural grant of 80,000 to cast teach, a new high school program designed to develop future teachers. As a credit union founded by teachers, this was a fitting way to begin the work of the firstmark foundation, especially when school districts face critical shortages of classroom teachers. The grant helped support the school's early infrastructure costs by funding the construction of an innovative model classroom and a professional resource library. This unique program will provide real-world exposure to the field of education, foster a love for teaching, and present a career pathway for students who aspire to shape the future of public education. The credit union is proud to support the vital work of classroom teachers and all school employees who work tirelessly to educate our children. (cont) during the year, the foundation also awarded a 100,000 grant to the holdsworth center to help scale their superintendent leadership program, designed to enhance the unique leadership needs and responsibilities required of our superintendents serving in public education. The foundation also awarded a 40,000 grant to the cast schools network to provide additional funding for their teacher residency program. This program allows new teachers to gain hands-on classroom experience where they can be challenged and mentored as they begin their teaching careers. Both programs are helping to fill the gap at a critical juncture in the texas public education system.”