Umpqua Bank, a subsidiary of Umpqua Holdings Corporation (NASDAQ: UMPQ) announced today that the Umpqua Bank Charitable Foundation has awarded 120 community grants to local nonprofits across its five-state footprint totaling $423.5K. The grants represent the first of three funding cycles in 2021.
Nonprofits were selected from hundreds of applicants who demonstrated a strong commitment to serving their communities, particularly those focused on reaching low-to-moderate income or under-resourced populations in one of the following 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.
“With local community-focused nonprofits, we are able to work together for better,” shared Randy Choy, vice president of community giving & nonprofit partnerships and managing director of the Umpqua Bank Charitable Foundation. “Their grassroots efforts are key to post-pandemic recovery, and we’re honored to support their work.”
Umpqua Bank, through the Umpqua Bank Charitable Foundation, continues to evolve its community giving strategy and community grants program to reflect a deeper commitment to improving economic prosperity, especially for under-resourced individuals, families, and small businesses. The foundation invests in nonprofit organizations, communities, and leaders to support direct-service programming that incorporates a diversity, equity, and inclusion focus.
The community grants are part of an overall foundation and corporate giving program that has invested more than $12 million since the foundation was formed in 2014. The next deadline for community grant applications is Friday, Sept. 3, 2021. Learn more at www.UmpquaBank.com/Community.
For a full list of the nonprofit grant recipients by state, visit https://www.umpquabank.com/blog/umpqua-bank-charitable-foundation-awards-community-grants-to-120-nonprofits/.