SANTA ANA, Calif .– (COMMERCIAL THREAD) –First American Title Insurance Company, a leading provider of title insurance and settlement services and the largest subsidiary of First American Financial Corporation (NYSE: FAF), today announced that it is a founding donor to the ALTA Foundation for Good Deeds, a non-profit organization created by the American Land Titles Association (ALTA) in October 2020. The Foundation was established to strengthen the charitable efforts of title and settlement professionals by providing grants to 501 (c) (3) organizations that support housing needs, as well as to those providing relief during national emergencies, such as the COVID-19 pandemic.
“Helping launch the ALTA Good Deeds Foundation reflects our commitment to supporting community services and economic development in the neighborhoods in which we operate,” said Chris Leavell, COO, First American Title. “We believe in putting people first and are thrilled to support the title and settlement industry as they seek to help our communities weather these difficult times. ”
Donald Kennedy, senior vice president of the national agency’s division of First American Title, sits on the board of directors of the ALTA Good Deeds Foundation as well as the board of governors of the ALTA.
“We have seen an impressive level of support and generosity from the securities industry and the establishment for the ALTA Good Deeds Foundation, exceeding our expectations,” said Kennedy. “This enables the Foundation to make a rapid impact on those in need and is a testament to the spirit of our colleagues in the industry. ”
First American Title is one of the more than 40 companies, organizations and individuals that make up the Foundation Founding donors.
ALTA Good Deeds Foundation accepts grant applications until January 31, 2021
The ALTA Good Deeds Foundation will initially focus on providing charitable grants to 501 (c) (3) recognized organizations and national emergency relief. The Foundation grant application process will be open twice a year with deadlines of January 31 and July 31. The first grant application cycle started on December 1, 2020 and will end on January 31, 2021.
“The Foundation will provide grants and support title professionals as they work to build and strengthen their local communities and exemplify the title industry values of We Lead, We Deliver, We Protect,” said Diane Tomb , CEO of ALTA. “I look forward to seeing the wealth of opportunities this will bring for First American Title, the Foundation and the ALTA community to be of service. ”
About the ALTA Good Deeds Foundation
the American Land Titles Association founded the ALTA Foundation for Good Deeds in 2020 to strengthen the charitable efforts of title and settlement professionals and assist people in housing needs as well as those affected by national emergencies such as the COVID-19 pandemic. The Foundation has a pending application for 501 (c) (3) status in the United States.
About First American Title Insurance Company
First American Title Insurance Company, the largest subsidiary of America’s leading financial company (NYSE: FAF), dates back to 1889. One of the country’s largest title insurers, the company provides title services through its direct operations and an extensive agent network in the United States and Canada. abroad. First American Title offers comprehensive title insurance coverage and professional services for real estate purchases, construction, refinancing and equity loans. For more information visit www.firstam.com/titre.
