Overview

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Est.

1998

Fiscal Year Start

Jan 1

Organization Type

Grantseeker

AI Summary

First Story is a nonprofit organization dedicated to providing quality affordable housing and financial support to lower-income families, individuals in need, and at-risk youth, primarily through a unique 30-year, zero-interest and zero-down home loan program. With an operating budget of $2.3 million and total revenue of $4.8 million for the filing year 2024, the organization actively supports initiatives in food aid and housing development. First Story does not rely on a single funder for 50% or more of its revenue, ensuring a diverse funding base to sustain its mission. For more information, visit their website at www.firststory.org.

Mission Statement

FIRST STORY PROVIDES QUALITY AFFORDABLE HOUSING THROUGH A 30-YEAR, ZERO-INTEREST AND ZERO-DOWN HOME LOAN TO LOWER-INCOME FAMILIES (DEFINED AS BELOW 80% OF AREA MEDIAN INCOME). IN ADDITION, FIRST STORY PROVIDES FINANCIAL SUPPORT TO LOW-INCOME INDIVIDUALS, PERSONS IN NEED AND AT-RISK YOUTH AND FUNDING FOR HOUSING/SHELTER SERVICES, HUNGER RELIEF, EMERGENCY AID, AND/OR SUPPORT TO OTHER ORGANIZATIONS ALIGNED WITH THE CORPORATIONS MISSION.
Revenues
$4.8M
Expenses
$2.5M
Net Income:
+$2.4M
Assets
$24.3M
Liabilities
$159.4K
Net Assets:
+$24.1M
Operating Budget
$2.3M
Operating Budget by Year

Due Diligence

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Charity Verification Snapshot
IRS EO Business Master File Status
Listed as tax-exempt
IRS Pub 78 Status
Eligible for tax-deductible gifts
IRS Revocation Status
Not in Automatic Revocation of Exemption List
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Total No. of Grants
7
Median grant size
$15K
Largest grant received
$500K
C
Claire Duncan
Board Member
H
Hayden Watson
Board Member
G
George Slape
Board Member

Frequently Asked Questions

What is First Story’s budget?
In 2024, First Story reported an annual operating budget of around $2.3 million. More detailed financial information is available to registered users.
What causes does First Story support?
First Story supports work in Housing development and Food aid.
Where does First Story operate?
First Story is headquartered in Bend, OR.
Who funded First Story recently?
In 2024, First Story received grants from THE ANJULICIA FOUNDATION, WM KECK FOUNDATION, and FIDELITY INVESTMENTS CHARITABLE GIFT FUND. More information on this organization’s funders is available to registered users.
What is the largest grant First Story received in 2024?
The largest grant to First Story in 2024 exceeds $500 thousand.