U.S. Bancorp

07/28/2021 | News release | Distributed by Public on 07/29/2021 01:59

U.S. Bank Foundation invests $1 million to support emerging leaders and community-led solutions to address economic disparities

U.S. Bank Foundation today announced a $1 million investment to 20 nonprofit organizations driven by a diverse group of exceptional emerging leaders who are focused on creating effective community-led solutions to the increasing economic disparities.

Organizations are in both rural and metro communities and are focused on support for entrepreneurs and small business owners, workforce development programs and financial inclusion efforts for individuals and families as solutions to wealth building.

'We are dedicated to empowering our communities by listening to those with lived experience and supporting their ideas on how to address racial and economic inequities and creating lasting change,' said Reba Dominski, executive vice president, head of social responsibility at U.S. Bank. 'In addition to the funding, we are exploring ways to support these leaders and organizations by creating points of connection and access as well as opportunities to build their networks. We look forward to learning from these leaders as we continue to work to break down traditional power dynamics in philanthropy.'

The emerging leaders recognized through nonprofit grant funding are: