Through Community Possible Grant Program, U.S. Bank is partnering with organizations that focus on economic and workforce advancement, safe and affordable housing and communities connected through arts and culture.
Donor Name: U.S. Bank
State: Selected States
County: All Counties
Type of Grant: Grant
Deadline: Ongoing
Details:
At U.S. Bank, they are dedicated to supporting their communities through responsive and humbled actions focused on addressing racial and economic inequities and creating lasting change in their communities.
The building blocks that made their country great – a stable job, a home to call your own, and a community connected through culture, recreation, and play – continue to be at the heart of possibility for all of us. Through U.S. Bank’s Community Possible platform, they invest their time, resources, and passion in economic development by supporting efforts to create stable jobs, better homes, and vibrant communities. This work drives toward their U.S. Bank goal to reduce economic and racial barriers to success for communities.
Focus Areas
They support organizations and programs that advance the following funding priorities, prioritizing organizations that have an intentional approach to addressing systemic economic and racial barriers to success for communities:
- WORK – Workforce Education & Economic Prosperity
- HOME – Neighborhood Stability & Revitalization
- PLAY – Artistic & Cultural Enrichment and Learning Through Play
Factors considered by the U.S. Bank Foundation:
- Because the Foundation receives funding requests in excess to the annual grant program budget, they must decline support to worthy organizations and programs. They may decline support to organizations they have previously supported to expand community engagements. Support should not be expected to continue in perpetuity and declination does not reflect a negative appraisal of the organization or the value of its programs and services.
- The following factors are among those the foundation will consider:
- Innovation and/or differentiation in our focus areas of Work, Home and Play
- Programming and services that advance positive community engagement efforts
- Demonstrated outcomes and impact
- Service delivery to low-and moderate-income, women and people of color
- Diversity in the management and governing board of the organization
- The financial health of the organization
Funding Types
Within these general guidelines, they consider the following funding request types:
- Operating Grants: An Operating grant given to cover an organization’s day-to-day, ongoing expenses, such as salaries, utilities, office supplies, etc. They consider operating support requests from organizations where the entire mission of the organization fits a Community Possible grant focus area.
- Program / Project Grants: A program / project grant is given to support a specific, connected set of activities, with a beginning and an end, explicit objectives, and a predetermined cost. They consider highly effective and innovative programs that meet Community Possible grant focus areas.
- Capital Grants: A Capital grant that is part of an organized drive to collect and accumulate substantial funds to finance fixed assets. The U.S. Bank Foundation considers a small number of requests for capital support from organizations that meet all other funding criteria, whose entire mission statement fits a Community Possible grant focus area, and with which the Foundation has a funding history. All organizations requesting capital funding must also have a U.S. Bank employee on the board of directors. U.S. Bank does not fund more than 1% of the non-endowment total capital campaign fundraising goal. All capital grant requests are reviewed and approved by the national U.S. Bank Foundation Board or by the U.S. Bank Foundation President.
Eligibility Criteria
- Through the U.S. Bank Foundation, they support organizations and programs that advance the funding priorities described under the Community Possible grant focus areas. Organizations must be based in and serve designated U.S. Bank communities.
- Organizations must have tax-exempt status under IRS section 501(c)(3) and certify that they maintain a nondiscrimination policy that ensures the organization does not discriminate based on race, ethnicity, color, sex, religion, age, national origin, ancestry, citizenship, sexual orientation, gender identity and/or expression, disability, marital status, genetic information, veteran status, or other factors that are protected by law.
For more information, visit U.S. Bank.
