World News: 15:00 GMT Wednesday 12th June 2019. [U.S. Bank via Businesswire via SPi World News]
Through its Community Possible giving and engagement platform, focused on the areas of Work, Home and Play, U.S. Bank kicks-off its 2019 grant making with $6 million in Play investments to fund recreational spaces, arts and culture initiatives. Last year, U.S. Bank invested $25 million in total corporate contributions and grants to fund Play in the communities it serves.
“Play is not something most people would associate with a financial institution,” said Kate Quinn, Vice Chairman and Chief Administrative Officer for U.S. Bank. “We know however that communities are stronger when they are connected through the arts, cultural opportunities, and safe and accessible recreational play spaces. Much of our giving in the community focuses on areas with historic and consistent economic gaps. It is our goal that these grants will help make our communities stronger and more vibrant.”
Play grants were distributed across the country to multiple organizations, including: Boys & Girls Clubs, YMCA/YWCA branches, arts institutes and several colleges/universities. Nationally, U.S. Bank is a proud supporter and partner with many organizations focused on arts, culture and recreation. For example, U.S. Bank is a lead sponsor of the Americans for the Arts Annual Convention this month in Minneapolis. Additionally, U.S. Bank continues its partnership with the Country Music Association (CMA) and the CMA Foundation with the U.S. Bank Places to Play and Music Made Possible programs.
“Through the power of play, U.S. Bank and the CMA Foundation have come together to help ensure all students have access to a quality music education, and our educators have the support they need to cultivate a thriving program in their community,” said Tiffany Kerns, Executive Director, CMA Foundation. “With music education still being underfunded across the country, it’s vital that we continue to identify partners like U.S. Bank who share our same passion and drive to help shape our next generation into creative leaders.”
U.S. Bank will continue its giving with the next grant round supporting Work followed by Home. U.S. Bank giving initiatives are focused on improving economic outcomes for women, people of color and low-income communities by utilizing the entire bank, delivering necessary products and services and investing to help communities and individuals succeed.
Learn more about our social responsibility work here: www.usbank.com/community.
About U.S. Bank
U.S. Bancorp, with 74,000 employees and $476 billion in assets as of March 31, 2019, is the parent company of U.S. Bank, 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 a 2019 World’s Most Ethical Company. Visit U.S. Bank at usbank.com or follow on social media to stay up to date with company news.
Business Wire: 15:00 GMT Wednesday 12th June 2019
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