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Umpqua Bank Charitable Foundation Awards Community Grants to 71 Nonprofits (Photo) - 05/18/22

First round 2022 grants support community-based nonprofits across five states

In its first of three community grant funding rounds in 2022, the Umpqua Bank Charitable Foundation, a 501(c)(3) organization of Umpqua Bank, a subsidiary of Umpqua Holdings Corporation (NASDAQ: UMPQ), awarded 71 community grants to local nonprofits across its five-state footprint totaling $392,000.

Umpqua’s community grants support nonprofit organizations across Ore., Wash., Idaho, Calif. and Nev. and are part of the Bank’s overall foundation and corporate giving program that has invested $13.2 million since the Foundation was formed in 2014.

“Nonprofits are evolving their essential services to strengthen communities during challenging times, and we’re honored to partner with and invest in their critical programs,” shared Randy Choy, vice president of community giving and managing director of the Umpqua Bank Charitable Foundation. “We’re grateful for these nonprofits’ role in expanding access to economic opportunity for all our community members.”

These nonprofits, selected from among hundreds of applicants, in the first of three grant cycles in 2022, demonstrated a steadfast commitment to serving low-to-moderate-income populations in at least one of eight categories: family engagement and resiliency; financial competency; housing stability and home ownership; college, career or technical readiness; entrepreneurship and business expansion; vibrant and equitable neighborhoods; technical and digital connectivity; and small business support and financial guidance.

The next deadline for community grant applications is 5 p.m. PT on Fri., June 3, 2022. Learn more at www.UmpquaBank.com/Community.

The following recipients received grants between $5,000-10,000:

OREGON

OrganizationCounty
Adelante MujeresWashington
Boys & Girls Club of the Umpqua ValleyDouglas
Boys and Girls Clubs of Bend, Inc. Deschutes
Central Latino AmericanoLane
Community Lending WorksLane
Corvallis Neighborhood Housing Services, Inc.Lane
Eastern Oregon Regional Arts Council, Inc.Union
Free GeekMultnomah
Impact NWMultnomah
Junior Achievement of Oregon and SW WashingtonMultnomah
Northwest Housing Alternatives, Inc. Clackamas
Ophelia's PlaceLinn
Oregon Community SolutionsLincoln
Providence Community Health FoundationJackson
Rural Development Initiatives, Inc.Polk
Schoolhouse SuppliesMultnomah
SE WorksMultnomah
SMART ReadingBaker
The Children’s Book BankMultnomah
The ContingentMultnomah
YWCA of Greater PortlandWashington

WASHINGTON

OrganizationCounty
ADA Developers AcademyKing
Boys and Girls Club of the Olympic PeninsulaClallam
Boys and Girls Clubs of Snohomish CountySnohomish
Ellensburg Downtown AssociationKittitas
Family Promise of Skagit ValleySkagit
Girl Scouts of Western WashingtonKing
Global NeighborhoodSpokane
Habitat for Humanity International, Inc. (Lewis/Clarkston)Asotin
Habitat for Humanity International, Inc. (Tacoma/Pierce)Pierce
Interfaith Hospitality Network (Family Promise of Spokane)Spokane
Junior Achievement of WashingtonFranklin
Ke Kukui FoundationClark
Kitsap Regional Library FoundationKitsap
Mary’s Place SeattleKing
Overlake Service League (Bellevue LifeSpring)King
Pizza KlatchThurston
Summer SearchKing
The Trail YouthKing
Vamos Outdoors ProjectWhatcom
YouthCareKing

CALIFORNIA

OrganizationCounty
Best Buddies International, Inc.Sacramento
Boys and Girls Clubs of the North ValleyButte
Center for Human ServicesStanislaus
College TrackSacramento
Community Action Partnership of Orange CountyOrange
Diablo Valley College FoundationContra Costa
Financial Beginnings CaliforniaMarin
FOTC (Friends of the Children) Los AngelesLos Angeles
Freemont Adult and Continuing Education (FACE)Alameda
Immigrant Legal Resource CenterSanta Clara
Junior Achievement of Southern CaliforniaOrange
Lime FoundationSonoma
North Marin Community ServicesMarin
Opportunity Junction, Inc.Contra Costa
Orange County Community Housing CorpOrange
Project Hope AllianceOrange
San Diego Center for ChildrenSan Diego
Shelter Providers of Orange County, Inc. (HomeAid)Orange
StandUp For KidsOrange
Thomas House Temporary ShelterOrange
Together We Rise CorporationLos Angeles
Yuba Sutter Economic Development CorporationSutter
YWCA Berkeley/OaklandAlameda
Zero8Hundred, Inc.San Diego

IDAHO

OrganizationCounty
Backyard Harvest Inc. Latah
The Jesse Tree of IdahoAda

NEVADA

OrganizationCounty
Nevada HAND, Inc.Clark
Arts For All NevadaWashoe
Junior Achievement of Northern NevadaWashoe
Big Brothers Big Sisters of Northern NevadaWashoe


About Umpqua Bank
Umpqua Bankheadquartered in Roseburg, Ore., is a subsidiary of Umpqua Holdings Corporation, and has locations across Idaho, Washington, Oregon, California and Nevada. Umpqua Bank has been recognized for its innovative customer experience and banking strategy by national publications including The Wall Street Journal, The New York Times, BusinessWeek, Fast Company and CNBC. The company has been recognized for eight years in a row on FORTUNE magazine's list of the country's "100 Best Companies to Work For," and was recently named by The Portland Business Journal the Most Admired Financial Services Company in Oregon for the sixteenth consecutive year. In addition to its retail banking presence, Umpqua Bank also owns Financial Pacific Leasing, Inc., a nationally recognized commercial finance company that provides equipment leasing and financial services to businesses. 

To Celebrate Small Business Week, Umpqua Bank is Matching Microloan Contributions 10x for BIPOC, Women Entrepreneurs - 05/02/22

Crowdfunding partnership with Kiva provides accelerated access to capital for entrepreneurs across Oregon, Washington, California, and Idaho           

 

PORTLAND, Ore., (May 2, 2022)—Individuals or organizations interested in helping minority and women entrepreneurs secure a microloan to launch or grow a business can do so this Small Business Week (May 2-6) through the Umpqua Bank Loan Fund, a crowdfunding program with the nonprofit Kiva that will multiply every dollar contributed 10 times for eligible entrepreneurs in Oregon, Washington, California, and Idaho. Donations vary in size starting at $25, and anyone interested in contributing can visit www.kiva.org/team/umpquabank to learn more and donate.

Umpqua established its $1 million loan fund with Kiva earlier this year to accelerate the ability of underserved entrepreneurs to access no-cost microloans. Any entrepreneur with “social capital”—the support of family, friends or community—can qualify to set a funding goal and raise contributions on Kiva’s platform. Kiva then combines total contributions into a 0% interest loan up to $15,000 that’s paid back to funders over time.

According to Umpqua’s Chief Marketing Communications Officer Eve Callahan, who oversees the bank’s partnership with Kiva, Umpqua is leveraging Kiva’s innovative crowdfunding platform and focus on storytelling to create deeper connections between aspiring entrepreneurs and ordinary people that ultimately lead to diversified community investment and prosperity. 

“Umpqua recognized a unique opportunity to partner with Kiva to combine community and capital. Through the Umpqua Bank Loan Fund, we’re creating a platform for entrepreneurs to share their stories and connect directly with people looking for opportunities to contribute to economic opportunity and justice,” said Callahan. “Recognizing the incredible importance of small businesses to our local communities and economies, we’re increasing our match to celebrate Small Business Week. We hope others will join us in helping entrepreneurs across the West Coast continue to grow by contributing any amount, small or large, that we’ll match 10 times.” 

Since launching earlier this year, the Umpqua Bank Loan Fund has matched community members’ contributions 3:1, resulting in more than $400,000 in microloans that have fully financed the needs of more than 80 BIPOC or women entrepreneurs. 

Umpqua Loan Fund Open to Entrepreneurs

Eligible entrepreneurs in Oregon, Washington, California, and Idaho can apply for Umpqua’s matching program by visiting the Umpqua-Kiva partnership page. The initial application process typically takes between 20 and 30 minutes.

The Fund in Action

Umpqua’s loan fund has already provided microloan funding to entrepreneurs across the West Coast, including:

  • In Oregon, it equipped an immigrant family business that buys and sells artisanal goods from Mexico to diversify and expand its inventory. 
  • In California, it helped a women owned clothing business gain access to the quality inventory needed to sustain and relaunch the brand, as well financed a non-profit helping youth avoid gun violence through positive alternatives and programs. 
  • In Washington, it provided a creative wedding photographer with the funding needed to purchase equipment and space to expand his business. 

Entrepreneurs across Umpqua’s footprint continue actively seeking funding through the bank’s loan fund for accelerated access to crowdfunded microloans of varying amounts. Their stories and how they will use the capital to launch a business or add new products, equipment, and jobs in local communities can be found at www.kiva.org/team/umpquabank/loans

 

About Umpqua Bank
Umpqua Bank, headquartered in Roseburg, Ore., is a subsidiary of Umpqua Holdings Corporation, and has locations across Idaho, Washington, Oregon, California, Arizona, and Nevada. Umpqua Bank has been recognized for its innovative customer experience and banking strategy by national publications including The Wall Street Journal, The New York Times, BusinessWeek, Fast Company and CNBC. The company has been recognized for eight years in a row on FORTUNE magazine's list of the country's "100 Best Companies to Work For," and was recently named by The Portland Business Journal the Most Admired Financial Services Company in Oregon for the 17th consecutive year. In addition to its retail banking presence, Umpqua Bank also owns Financial Pacific Leasing, Inc., a nationally recognized commercial finance company that provides equipment leases to businesses.

About Kiva
Kiva is a global nonprofit that brings people together to invest in lasting impact. Kiva connects individuals, institutional investors, and corporations with global opportunities to invest in humanity—when and where it will make the greatest collective impact. With as little as $25, you can help women, refugees and small businesses across the globe build a better future for individuals, their families and communities. Join two million people who have invested $1.7 billion in real dreams and real opportunity around the world.