U.S. Bank Foundation Distributes $15 Million in Opportunity Fund Grants - Seite 2

"By working with nonprofits that have deep roots in local communities, the U.S. Bank Foundation Opportunity Fund supports stable housing options, helps new businesses flourish and communities thrive."

- Reba Dominski, chief social responsibility officer at U.S. Bank and president of the U.S. Bank Foundation

ACC members' work has ranged from supporting grants to secure funds to build the community's broadband infrastructure, to getting households enrolled in the Affordable Connectivity Program, to offering digital literacy programs, to helping local businesses become more digitally inclusive. In the past year, ACC members have helped communities advance agricultural tourism and improve agricultural practices through technology, implemented a digital storytelling program that connects rural residents with their neighbors, and coordinated outreach activities that promote data-driven tree conservation, among other activities.

The Opportunity Fund grant allows ACC to maintain and support their corps members, who often are recent college graduates, retirees and students taking a gap year between high school and college. ACC heavily invests in living allowances, benefits and training - beyond the resources it receives from AmeriCorps, with which ACC is affiliated - to successfully recruit and retain a cohort that's committed to serving the communities that members call home.

"There are a number of barriers to growing national service, and the help of partners like the U.S. Bank Foundation is absolutely critical to helping us break those barriers down," said Eric Kotin, LFA's director of strategic initiatives. "Our ability to build a pipeline of homegrown, locally rooted leadership that is representative of the communities we serve is directly correlated to the support of partners like the foundation."

The U.S. Bank Foundation Opportunity Fund is a five-year, $75 million financial commitment the foundation launched in 2023. It builds upon the foundation's signature Community Possible grant program, which continues to provide funds to nonprofits, as well as the legacy of U.S. Bank Foundation programs such as the Market Impact Fund and Rebuild and Transform Fund.

*The Opportunity Fund represents a financial commitment of the U.S. Bank Foundation; it is not a traditional equity fund, nor does it represent a form of ownership.

View additional multimedia and more ESG storytelling from U.S. Bank on 3blmedia.com.

Contact Info:
Spokesperson: U.S. Bank
Website: https://www.3blmedia.com/profiles/us-bank
Email: [e-mail]

SOURCE: U.S. Bank

View the original press release on accesswire.com


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