Flagstar Foundation
Flagstar Bank has a 30-year tradition of investing in its communities. To focus and formalize its charitable giving, the bank has established the Flagstar Foundation as the conduit for its grant-making. The purpose of the Flagstar Foundation is to provide funding to support charitable causes within the bank’s key market areas.
Flagstar Foundation will focus on providing grants to nonprofit organizations that align with the bank’s charitable giving priorities and have measureable outcomes. The Foundation board will place special emphasis to direct grant funding toward nonprofits that serve ethnic groups, the LGBTQ community, people with disabilities, and veterans to ensure that we are supporting and promoting the bank’s commitment to diversity and inclusion. Each area is described below:
CHARITABLE GIVING PRIORITIES INCLUDE:
- Apprenticeship and workforce readiness—Career development through apprenticeship programs, vocational and skilled trades training, STEM initiatives, literacy, and small business development and counseling.
- Arts and culture—Vibrant arts and cultural environment through initiatives that broaden the understanding and exposure to art and culture by supporting visual, musical, and performing arts, art education, and exhibits.
- Financial capability—Financial education through homebuyer and credit counseling, financial literacy programs, and training on money management, predatory lending, and identity theft.
To apply, please download and complete a grant request form, then email it to Sonia Plata.
Applications are due the last day of each quarter (March 31, June 30, September 30, and December 31) with approval the following quarter and disbursement occurring the month after approval.
Make a donation
All contributions will be used to support the Foundation’s charitable giving priorities within the bank’s key market areas. Furthermore, your contribution can be designated as a general donation, in memory of, or payment for an event.
Flagstar Foundation is a 501 c(3) tax-exempt organization and the EIN is 82-1812075. Your contribution will be acknowledged with a thank you and documentation indicating that you have not received any goods or services, in whole or part, to you in consideration for your voluntary cash contribution.