Press Release

First Foundation CEO Scott F. Kavanaugh Joins Lanakila Pacific Foundation Board of Directors

IRVINE, Calif.--(BUSINESS WIRE)-- First Foundation Inc. (NASDAQ: FFWM), a financial services company with two wholly-owned operating subsidiaries, First Foundation Advisors and First Foundation Bank, announced today that its CEO, Scott F. Kavanaugh, has joined the Lanakila Pacific Foundation Board of Directors to provide strategic support and direction.

For more than 79 years, Lanakila Pacific, a Hawaii non-profit organization, has been providing programs and services enabling individuals with disabilities, including cognitive, physical, and age-related challenges, to reach their goals and potential, while building independence and promoting community inclusion through several social enterprises. Programs include Lanakila Meals on Wheels, Lanakila Teaching & Learning Centers along with Lanakila Kitchen, Lanakila Maintenance Services, and Lanakila Custom Products. Serving the entire Oahu community, Lanakila Pacific programs and services benefit over 2,000 people annually.

“I’m pleased to join the Board of Directors and look forward to working with my fellow board members as we bring together our collective knowledge to further the mission and vision of Lanakila Pacific serving the Oahu community,” said Kavanaugh. “Providing support to our communities is something I’m deeply connected to, both personally and professionally, and I welcome the opportunity to be a part of this great organization which is at the center of helping people of all ages and abilities thrive.”

Given his experience on corporate and community boards, exemplary leadership, and expertise in the finance and banking industries, Kavanaugh will lend his valuable talent and knowledge to the organization through his role as an active board member. Kavanaugh joins Lanakila Pacific’s Foundation Board which is responsible for fundraising and managing funds to maintain perpetuity and supports Lanakila Pacific CEO and president, Rona Fukumoto, in providing strategic insight and direction for the organization.

“We are excited to welcome Scott Kavanaugh to the Lanakila Pacific Foundation Board. He brings a unique perspective through his experience and expertise in the finance and banking industries,” said Rona Yagi Fukumoto, President of Lanakila Pacific. “Our team and community will benefit from Scott’s commitment to growing the organizational and fundraising capacities of the Foundation, which for many years has been a hidden gem supporting the good work of Lanakila Pacific. We look forward to increasing the impact of Lanakila Pacific’s services together.”

First Foundation and Lanakila Pacific were initially connected as part of First Foundation’s ‘Supporting Our Communities’ nonprofit grant program which provides financial and strategic resources to help strengthen organizational and fundraising capacity of select nonprofits. Upon learning of one another’s shared commitment to empower the community, First Foundation and Lanakila Pacific sought a way to deepen their relationship. Adding Kavanaugh to the Foundation Board is the first step in a planned long-term partnership between the two organizations.

About First Foundation

First Foundation, a financial institution founded in 1990, is committed to providing investment management, wealth planning, and banking services, with a core mission to enhance the wealth and well-being of their clients through a comprehensive suite of integrated services. The First Foundation team values growth opportunities and is continuously looking to make innovative additions to the platform that will better their clients’ business. The Company has offices in California, Nevada, and Hawaii with headquarters in Irvine, California.

To learn more about First Foundation, please visit www.firstfoundationinc.com.

About Lanakila Pacific

Lanakila Pacific is a Hawaii-based non-profit 501(c)(3) organization offering programs and social enterprises to build independence and improve the quality of life for individuals with cognitive, physical, social or age-related challenges. Since 1939, our vision has been to embody self-sufficiency and inspire inclusive communities where people of all ages and abilities are empowered to live independently, find meaningful employment and thrive in spirit. We collectively serve and benefit more than 2,000 people each year including individuals with disabilities and seniors in our community.

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Deposit and loan products offered by First Foundation Bank, Member FDIC and Equal Housing Lender. NMLS #793235.

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