February 25, 2015
First Nonprofit Foundation is a private grant-making organization that focuses on bolstering the nonprofit sector in the United States. It originally started as an extension of the First Nonprofit Insurance Company to use funds from substantial investment returns for philanthropy. The Foundation was established with an initial contribution of about $3 million in 2003.
In December 2013, First Nonprofit Insurance Company and AmTrust Financial Group negotiated a merger agreement that resulted in a larger foundation with about $9.4 million in assets. The foundation was created to protect the social covenants of policy holders. Our mission is to disseminate about $800,000 annually in philanthropy to worthy recipients and causes over each of the next 8 years.
Our initial focus was solely on sponsorships and educational causes that helped the nonprofit community. We have since revamped our activity to become a grant making foundation. Between June 2013 and December 2014, we distributed $1,250,000 to 27 different organizations.
For more information about the foundation, visit our website, www.firstnonprofit.org, where you can learn about the philosophy, activities and process used by the foundation. Or, you can contact Joe Geiger, President and Chief Executive Officer at Jgeiger@firstnonprofit.org.
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First Nonprofit has saved us so much money over the state’s program. We had one little glitch with the state recently and we contacted FNP immediately. FNP staff called us back immediately and moved to remedy the problem.
First Nonprofit has been a great partner. They have helped us saved hundreds of thousands of dollars! They have awesome resources for our nonprofit organization. Thanks for the partnership.
Life is certainly busy these days but having business partners like First Nonprofit has made some of the process hassle free. We have worked with this team for years. When we changed payroll systems, they outlined every step. I think this team is terrific and I know they get the job done! Thank you, Cruz, to all the team at FNP.
FNP has helped our agency to save thousands of dollars every year on our unemployment coverage. The service is phenomenal, and we are thankful to their team as our partner. My experience working with Marshall on the advocacy around UE for nonprofits was also a highlight as someone who teaches advocacy and lobbying for nonprofits. Really, your whole team is top shelf, so thank YOU!
Chicago Children’s Theatre has greatly benefited from our partnership with First Nonprofit, and I have always enjoyed working with the staff on our filings and any complicated questions. I would not hesitate to recommend First Nonprofit to fellow nonprofits. We’re very happy customers.
FNP is a great resource for Daniel Kids. To have a TPA that we can count on to take point on not only managing our unemployment claims, but to support and guide any protest hearing, is invaluable. All the professional support staff we have worked with have been excellent, very knowledgeable and responsive. We are grateful for the help and support, thank you.
When I first began in my position at my organization, I hadn’t had experience working with a company like FNP. The staff was so patient and helpful in helping to explain the benefits of First Nonprofit. Anytime I reach out with a question I receive a quick, clear, and thorough response. I’m so thankful that we decided to partner with FNP. Their excellence in customer service, coupled with their variety of packages frees us up to truly serve our staff and community with a peace of mind knowing that our organization is protected against unanticipated unemployment insurance expenses.
First Nonprofit gets an A+ in my book. You are so easy to work with & very knowledgeable! Whether it is my quarterly correspondence with Kim or my random interactions with Dawn about a bond … I am so pleased that I get to work with such a helpful company. Thank you!