The Open Stewardship Foundation was established in 2011 by Open Bank for public and charitable purposes. Open Bank, a California state‐chartered bank headquartered in Los Angeles, California, has a vision of being a steward to serve its clients, employees, and communities with faith-based principles and give back ten percent of its profits to the communities it serves.

The Open Stewardship Foundation was established with the mission of actively supporting civic organizations, schools, and other eligible charitable non-profit organizations that provide public benefit services, including eligible organizations that provide support for education, help the needy, medical care, rehabilitation, food for the hungry, and other worthy public benefit services.