Arts, culture and places to play.
The U.S. Bank Foundation remains committed to making Community Possible through Work, Home and Play. We aim to advance that work by being more intentional through our grant making to create lasting change. We continue to focus on meaningful impact in our communities and on meaningful partnerships with our nonprofits. In 2021, we moved to an invitation-only grant application; moving away from three payout cycles and instead making quarterly payouts to provide funding when it is needed most.
U.S. Bank Community Affairs Managers will work with local regional and market leadership in Q1 (Jan-Mar) to determine where to provide funding in each of their respective regions or markets. We understand that each region and market has its own unique needs. We want to ensure that not only do our grants support our Foundation and U.S. Bank strategies, but also address the critical needs in each community. Invitations to apply for U.S. Bank Foundation grant funding will be provided by a local Community Affairs Manager to nonprofit organizations throughout the year.
For nonprofit organizations new to U.S. Bank Foundation, a Letter of Interest is available. Community Affairs Managers will review Letter of Interest submissions periodically to learn about new and innovative programs and organizations in their regions and markets. After reviewing a Letter of Interest, a Community Affairs Manager may reach out with a request for a full application. You can access the Letter of Interest by clicking the “Submit a letter of interest” link at the bottom of this page. Letters of Interest may be submitted at any time during the year.
Arts, culture and places to play.
Workforce education and economic prosperity.
Neighborhood stability and revitalization.
To make the most meaningful impact, we focus our grant giving to economic development issues tied to work, home and play. Organizations must also be based in and serve designated U.S. Bank communities. When considering funding, we prioritize organizations that focus on more than one of these segments as well as organizations led by a person of color.
Factors considered by the U.S. Bank Foundation:
Because the Foundation receives funding requests in excess to the annual grant program budget, we must decline support to worthy organizations and programs. We may decline support to organizations we 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 service.
The following factors are among those the foundation will consider:
Please read our Corporate Social Responsibility annual reports for more information on our annual giving.
Our grant program is designed to embrace the diversity in our communities. Organizations must have tax-exempt status under IRS section 501(c)(3) and certify that they maintain a non-discrimination 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.
An operating grant is given to cover an organization’s day-to-day, ongoing expenses, such as salaries, utilities, office supplies and more. We consider operating support requests from organizations where the entire mission of the organization fits a Community Possible grant focus area.
A program or project grant is given to support a specific, connected set of activities, with a beginning and an end, explicit objectives and a predetermined cost. We consider highly effective and innovative programs that meet our Community Possible grant focus areas.
A capital grant is given 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.
The U.S. Bank Foundation Community Possible grant program will not provide funding for:
U.S. Bank supports United Way in their efforts to support a wide range of social and health services needs in our communities. Local United Way chapters may be invited to submit a grant application by a Community Affairs Manager. If invited to apply, we will accept general operating requests, as well as program grant requests that correspond with our Community Possible grant focus areas.
U.S. Bank is a committed member of the Disaster Responder Program, contributing national funds annually to ensure the American Red Cross can immediately implement disaster relief efforts. Local American Red Cross Chapters may be invited to submit a grant application by a Community Affairs Manager. If invited to apply, we will accept program grant requests for the Disaster Services Funding Program, Home Fire Campaign and Service to Armed Forces Program.
The U.S. Bank Foundation utilizes an electronic Letter of Interest to identify organizations with unique and innovative programs that fit within our pillars of Work, Home and Play. For more details on U.S. Bank Foundation grants, please refer to our grant guidelines.