At First Republic, we believe in doing well by doing good. We are a purpose-driven organization dedicated to doing the right thing and taking exceptional care of our clients, colleagues and communities.”
Gaye Erkan President

Serving Nonprofits: Beyond Banking

We are continually looking for ways to best serve nonprofits across our communities. We extend the following educational and networking opportunities to our nonprofit neighbors:

Nonprofit Insights

Nonprofit Insights

Quarterly newsletter featuring articles tailored to nonprofit professionals.

Financial Education

Financial Education

Financial literacy training for employees offered as digital modules covering financial basics, financing education costs, homebuying and saving for the future.

Fundraisers Alliance

Fundraisers Alliance

Educational group for nonprofit professionals to deepen fundraising skills, share best practices and learn from peers and best-in-class service providers.

Leadership Convening

Leadership Convening

Nonprofit events and workshops on topics that matter most to nonprofit leaders, board members and donors.

Financial Executives Alliance

Financial Executives Alliance

First Republic–administered complimentary networking group that brings together senior nonprofit financial professionals to discuss industry-related challenges and best practices.

29%

Percentage of loans to nonprofit organizations in our Business Banking loan portfolio
(as of December 31, 2019)

Affordable Housing

We are proud to invest in and lend to the communities we serve.

$100
million

Amount committed to protect and produce affordable housing through the San Francisco Housing Accelerator Fund.1

$5.7
billion

Origination amount for community development loans.2

$1.6
billion

Amount committed to low-income housing tax credit investments.3

13.5%

Percentage of single-family home loans funded by unit to low- to moderate-income borrowers.4

50+
programs

Number of programs participated in to finance homeownership for low- to moderate-income first-time homebuyers.5

1 Multiyear commitment of $100 million to the San Francisco Housing Accelerator Fund announced February 2020

2 Loans originated from 2011 through 2018, the most recent reportable time period

3 As of December 31, 2018

4 For loans funded in 2018, the most recent data available as determined by Home Mortgage Disclosure Act (“HMDA”) data

5 As of December 31, 2019

Financial Education

We understand the role that education plays in the vitality of our communities. We are committed to sharing our expertise and resources, with a focus on what we know best: financial literacy.

Internship Programs

Our internship programs equip students from underserved communities with mentorship support, career insights and engaging work experience to prepare them for the next chapter.

Community Advisory Board

First Republic’s Community Advisory Board, comprising five recognized and highly respected community leaders, is a key part of our outreach. The Community Advisory Board offers advice and strategic guidance on initiatives related to affordable housing, financial empowerment, and small business and economic development.

John Hope Bryant, Board Chair

Founder, Chairman and CEO of Operation HOPE; Chairman and CEO of Bryant Group Ventures and The Promise Homes Company; and Co-Founder of Global Dignity

Mr. Bryant is a founding member of the Forum of Young Global Leaders and the Clinton Global Initiative. Mr. Bryant has received hundreds of awards and citations for his work, including being named one of the “50 Leaders for the Future” by Time... magazine, the 2016 “Innovator of the Year” by American Banker magazine and one of the “Most Admired CEOs of 2018” by the Atlanta Business Chronicle. He also earned an honorable mention in Inc. magazine’s list of “The World’s 10 Top CEOs.” He is the author of bestsellers The Memo, How the Poor Can Save Capitalism and Love Leadership.

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Faith Bautista, Board Member

President and CEO of the National Asian American Coalition and CEO of the National Diversity Coalition

Ms. Bautista advocates as a major voice for underserved markets in the halls of Congress; in the California legislature; in front of key federal legislators, such as the Federal Reserve, FDIC, OCC, FHFA, FTC, FCC and SEC; and among Fortune 500 ... corporations. She is a presidential appointee currently serving as one of the five members in the U.S. Treasury Department’s Community Development Financial Institutions (CDFI) Fund Community Advisory Board and also hosts the television show Owning a Piece of America.

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Ann Houston, Board Member

Founder and CEO of Opportunity Communities

Ms. Houston is the Founder and CEO of Boston-based Opportunity Communities, an organization with a mission to improve the capacity and efficiency of local community developers. Prior to stepping into this role, she led The Neighborhood Developers (TND) as Executive Director. During ... her tenure, TND completed over $85 million of real estate development, including building the Box District, a recipient of the 2014 Urban Institute Jack Kemp Award for Excellence in Affordable and Workforce Housing. Ms. Houston serves on the board of MHIC, a New England CDFI lender and investor, and the Multifamily Advisory Board of MassHousing, Massachusetts’ Housing Finance Agency. She is also a commissioner of the Newton Housing Authority.

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Susan Ifill, Board Member

COO of NeighborWorks America

Ms. Ifill was named Executive Vice President and COO of NeighborWorks America in October 2019. Prior to this appointment, she was CEO of Neighborhood Housing Services of New York City. She has served on numerous nonprofit boards and currently ... serves as the Chair of the board of trustees for Cambridge College in Boston, on the board of directors for the Habitat for Humanity NYC Community Fund and on the Ocwen Financial Community Advisory Board. Before entering the nonprofit world, Ms. Ifill was the Senior Vice President and Chief Retail Officer for Carver Federal Savings Bank in New York. Prior to that, she was Senior Vice President and Premier Banking Market Manager at Bank of America.

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Janice Jensen, Board Member

President and CEO of Habitat for Humanity East Bay/Silicon Valley

Ms. Jensen has more than 30 years of experience in nonprofit management, primarily in the fields of healthcare and affordable housing. She serves as Vice Chair of the board of directors for Silicon Valley@Home. She is also a board member of the ... Habitat for Humanity California State Support Organization and the Nonprofit Housing Association of Northern California and serves on the board of governors for the California Housing Consortium. She was Vice Chair of Habitat for Humanity International’s U.S. Council and chaired the U.S. Policy Committee. In 2017, the Silicon Valley Business Journal honored her as a “Woman of Influence.”

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Employee Volunteer Program

Since 2015, we have offered employees paid hours to volunteer with charitable organizations that make an impact on our local communities. In 2019, First Republic employees volunteered over 20,800 hours as part of this program.

For more information on how we support our communities, please read our Corporate Social Responsibility Report.

Eagles for Earth

First Republic Volunteer for Eagles to Earth
First Republic’s employee-led environmental stewardship group identifies and promotes practical ways to improve our relationship to the environment. By organizing beach cleanup days, educational workshops and initiatives to eliminate single-use plastic in our offices, Eagles for Earth is making a positive change.