U.S. Bank Foundation Opportunity Fund

We’re building toward an equitable future.

The U.S. Bank Foundation’s five-year, $75 million Opportunity Fund will support organizations expanding equitable access in low- to moderate-income communities. This includes helping communities of color, women, veterans, LGBTQ+ individuals and people with disabilities.

The grant application period has closed and will reopen between July and September 2024.

Who the Opportunity Fund will serve

The U.S. Bank Foundation created the Opportunity Fund to support four key categories and core objectives:

Small business

Help build more inclusive systems, standards and capital and economic growth for entrepreneurs

Affordable housing development

Expand inclusive access to affordable housing and affordable housing capital

Homeownership

Expand and provide equitable access to homeownership programs, such as housing counseling, down payment assistance and more

Digital access in rural and Native American communities

Improve economic growth, sustainability and quality of life through digital infrastructure, including broadband access, technical entrepreneurship and job creation

Grant guidelines and eligibility

The Opportunity Fund is open to nonprofit 501(c)(3) organizations doing work in the following states:

 

  • Arizona
  • Arkansas
  • California
  • Colorado
  • Idaho
  • Illinois
  • Indiana
  • Iowa
  • Kansas
  • Kentucky
  • Minnesota
  • Missouri
  • Montana
  • Nebraska
  • Nevada
  • New Mexico
  • North Carolina
  • North Dakota
  • Ohio
  • Oregon
  • South Dakota
  • Tennessee
  • Utah
  • Washington
  • Wisconsin
  • Wyoming

 

The application period has closed. When reopened between July and September 2024, organizations may submit Letters of Interest (LOIs) for consideration; organizations must subsequently receive an invitation to submit a full application. The Foundation will support organizations that prioritize diversity, equity and inclusion strategies to deliver community impact.

Create more opportunity with us.

U.S. Bank has long supported organizations that address systemic inequities. Opportunity Fund grants will support the commitments U.S. Bank has made to increase small business lending, mortgage lending, and community development lending and investments across the country. This includes U.S. Bank Access Commitment®. Learn more about Access Commitment® and how it fits into our DEI strategy at the bank.

Other fund options

If your organization is not eligible for the Opportunity Fund grant per the regulations above, our Community Possible grant program offers grants to organizations that focus on:

  • Economic and workforce advancement
  • Safe and affordable housing
  • Communities connected through arts and culture

Still have questions about the Opportunity Fund?

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Disclosures

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