Grant Guidelines and Restrictions
General Guidelines and Eligibility
Through the U.S. Bank Foundation, we 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 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.
Financial stability, leadership, impact measurement and collaboration with key stakeholders in the community are closely examined in our grant evaluation process. Applicants are required to provide:
U.S. Bank Grant Guidelines 2018
- Most recent audited financial statements (or the organization’s most recent financial statements if audited statements are unavailable)
- Detailed explanation for any budget deficits
- Full operating budget for the organization
- Program budget - required for program support grant requests
- List of other funders
- List of board of directors and their affiliations
- Statement of the organization's response to a community need
- Anticipated outcomes, evaluation methods, and impact
Within these general guidelines, we consider the following funding request types:
- 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. We consider highly effective and innovative programs that meet our Community Possible grant focus areas.
- Operating Grants
An Operating grant given to cover an organization's day-to-day, ongoing expenses, such as salaries, utilities, office supplies, etc. We consider operating support requests from organizations where the entire mission of the organization fits a Community Possible grant focus area.
- 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.
The U.S. Bank Foundation Community Possible grant program will not provide funding for:
- Fraternal organizations, merchant associations, chamber memberships or programs, or 501(c)(4) or (6) organizations
- Section 509(a)(3) – Type III supporting organizations
- Private foundations
- Endowments or memorial campaigns
- Fundraising events or sponsorships
- Organizations that 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
- Programs operated by religious organizations for religious purposes
- Political organizations or organizations designed primarily to lobby
- Individuals, including those seeking scholarships or fellowship assistance
- Travel and related expenses including student trips and tours
- Deficit reduction