In 2020 we donated $67 million and U.S. Bank employees donated over $12 million to causes that strengthen our communities.
Charitable giving
Our unified giving and engagement strategy, Community Possible, focuses on closing the gaps between people and possibility in the areas of Work, Home and Play. U.S. Bank invests in innovative programs designed to serve local community needs. We add strength and vitality to our communities through the U.S. Bank Foundation, corporate contributions, employee matching gifts and volunteerism. In 2020, the U.S. Bank Foundation provided $37 million in grant funding, matching gifts, and dollars for doing contributions.
Employee matching gifts
The U.S. Bank Foundation matches qualifying contributions of cash and stock made by U.S. Bank employees to nonprofit organizations or higher education institutions. This program matches donations from a minimum of $50 up to an annual maximum of $1,000 per employee, or $3,000 for employees serving on nonprofit boards.
Dollars for Doing
The Dollars for Doing program is designed to support employee volunteer work in the community with a monetary donation to nonprofits where they volunteer. This program matches employee volunteer time at $5 per hour up to 40 hours per year.
Community Possible Grant Program
The U.S. Bank Foundation Community Possible Grant Program specifically supports causes that create stable jobs, better homes and vibrant communities.
Corporate donations and sponsorships
Nonprofit donations and sponsorship are an integral part of our company’s philanthropic initiatives. In 2020, U.S. Bank contributed $30 million in corporate contributions and nonprofit sponsorships.
Employee community engagement
We believe every employee should have the opportunity to give back to their community in a way that is meaningful to them.
Volunteerism
Through the U.S. Bank Volunteer program, our 70,000 employees are encouraged to maximize their community involvement wherever their passion lies. In 2020, employees shared their skills and knowledge with our communities by volunteering 614 hours per day with nonprofit organizations. To encourage volunteering, U.S. Bank provides regular opportunities for involvement and 16 hours of paid time off for eligible employees.
Employee Matching Gifts
The U.S. Bank Foundation matches qualifying contributions of cash and stock made by U.S. Bank employees to nonprofit organizations or higher education institutions. This program matches donations from a minimum of $50 up to an annual maximum of $1,000 per employee, or $3,000 for employees serving on nonprofit boards.
Dollars for Doing
The Dollars for Doing program is designed to support employee volunteer work in the community with a monetary donation to nonprofits where they volunteer. This program matches employee volunteer time at $5 per hour up to 40 hours per year.
Employee Giving and Engagement Campaigns
Each year, we run three company-wide campaigns to give employees additional opportunities to give back to their communities and to each other.
- Employee Giving Campaign: We encourage employees to make charitable donations to community organizations or a cause that aligns with their passions through our Employee Giving Campaign.
- Employee Assistance Fund: Our employees give back to each other through our Employee Assistance Fund. The program is primarily funded by employees and provides one-time grants to help employees facing unexpected hardships and emergency grants to employees who were displaced from their homes due to natural disaster or other catastrophes.
- #GiveTime Campaign: We participate in the international movement called #GivingTuesday, a day focused on the spirit of giving through our #GiveTime campaign that encourages employees and customers alike to give the gift of volunteer time and share their experiences on social media to encourage others to give back in their communities.
Our Business Resource Groups provide another avenue for employees to engage with the community and grow professionally.
U.S. Bank is an equal opportunity employer committed to creating a diverse workforce. We consider all qualified applicants without regard to race, religion, color, sex, national origin, age, sexual orientation, gender identity, disability or veteran status, among other factors.
Credit products offered by U.S. Bank National Association and are subject to normal credit approval and program guidelines. Deposit products offered by U.S. Bank National Association. Member FDIC.
Investment and insurance products and services including annuities are:
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