The U.S. Bank Foundation fund addresses systemic economic and racial inequities in small business, housing and workforce advancement

Minneapolis, MN, September 23, 2020 – U.S. Bank announces $5 million in donations to local communities as part of its $15 million U.S. Bank Foundation Rebuild and Transform Fund, addressing rebuilding in corridors impacted by social unrest and systemic racial inequities in small business, housing and workforce advancement. The Fund is part of the bank’s previously announced $116 million commitment to address social and economic inequities.

“Our focus is on listening to and learning from community leaders and responding to critical needs,“ said Reba Dominski, Chief Social Responsibility Officer for U.S. Bank “Today we are proud to share the details of our philanthropic giving to 10 additional markets across the country that historically experience low economic mobility. We are investing in organizations led by people of color and providing general operating funds because we trust community leaders to know how, when and where to use these funds for the greatest impact.”

The local markets receiving grants are: Charlotte, NC; Chicago, IL; Little Rock, AR; Louisville, KY; Milwaukee, WI; Nashville, TN; Ohio – Akron, Columbus, Cincinnati, Cleveland and Dayton; Phoenix, AZ; Portland, OR and St. Louis, MO. In total, 48 organizations will receive funding across these markets. A full list is included below. For more information, visit usbank.com/community.

Charlotte, NC

• Aspire Community Capital
• Charlotte LISC
• Urban League of Central Carolinas

Chicago, IL

• Cara
• Chicago CRED
• Far South CDC
• Spanish Coalition for Housing
• Oak Park Regional Housing Center
• Chicago Urban League

Little Rock, AR

• A.R.K. – Positive Atmosphere Reaches Kids
• University District Development Corporation

Louisville, KY

• Metro UW – Black L.O.V.E Philanthropic Partnership
• OneWest
• Rebound
  Russell Tech Business Incubator

Milwaukee, WI

• ACTS Housing
• Housing Resources, Inc.
• Milwaukee Urban League
• Riverworks
• Running Rebels
• Silver Spring Neighborhood Center
• United Community Center

Nashville, TN

• Boys and Girls Club of Middle Tennessee
• The Housing Fund
• Urban League of Middle Tennessee
• YMCA of Middle Tennessee

Ohio

• Cleveland NID Housing Counseling Agency (Cleveland/Akron)
• East Akron Neighborhood Development Corporation (Cleveland, Akron)
• Godman Guild (Columbus)
• Housing Opportunities Made Equal (Cincinnati/Dayton)
• MORTAR (Cincinnati/Dayton)
• Northeast Ohio Hispanic Center of Economic Development – Hispanic Business Center (Cleveland/Akron)
• Urban League of Southwestern Ohio (Cincinnati/Dayton)
• YWCA (Columbus)

Phoenix, AZ

• Arizona Hispanic Chamber of Commerce
• Trellis

Portland, OR

• African American Alliance for Homeownership
• Black United Fund of Oregon
• Micro Enterprise Services of Oregon (MESO)
• Oregon Association of Minority Entrepreneurs (OAME)
• Portland Community Reinvestment Initiatives
• Portland Opportunities Industrialization Center and Rosemary Anderson High School
  Self Enhancement, Inc.
• United Negro College Fund (UNCF)

St. Louis, MO

• Employment Connection
• Rung for Women
• Louis Builds Credit
• Urban League of St. Louis

About U.S. Bank

U.S. Bancorp, with more than 70,000 employees and $547 billion in assets as of June 30, 2020, is the parent company of U.S. Bank National Association, the fifth-largest commercial bank in the United States. The Minneapolis-based bank blends its relationship teams, branches and ATM network with mobile and online tools that allow customers to bank how, when and where they prefer. U.S. Bank is committed to serving its millions of retail, business, wealth management, payment, commercial and corporate, and investment services customers across the country and around the world as a trusted financial partner, a commitment recognized by the Ethisphere Institute naming the bank one of the 2020 World’s Most Ethical Companies. Visit U.S. Bank at www.usbank.com or follow on social media to stay up to date with company news.

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Excerpt:
“Today we are proud to share the details of our philanthropic giving to 10 additional markets across the country that historically experience low economic mobility. We are investing in organizations led by people of color and providing general operating funds because we trust community leaders to know how, when and where to use these funds for the greatest impact,” said Reba Dominski, Chief Social Responsibility Officer for U.S. Bank.

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U.S. Bank Outlines Details of $15 Million Rebuild and Transform Fund