Foundation Office at Fifth Third Bank Announces $6.7 Million in 2018 Grants
CINCINNATI--(BUSINESS WIRE)--Dec 28, 2018--The Foundation Office at Fifth Third Bank has announced gifts of more than $6.77 million in 2018 through eight foundations for which it serves as trustee or agent. Grants were given to organizations that focus on education, arts and culture, civic and community programs, health and human services, and community reinvestment activities that benefit low-to moderate-income populations, small businesses, affordable housing, financial literacy and workforce development efforts.
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Heidi B. Jark, senior vice president and managing director of the Foundation Office at Fifth Third Bank (Photo: Business Wire)
“The Foundation Office at Fifth Third Bank is committed to making a significant impact on programs and initiatives that create strong, vibrant communities and provide pathways to opportunity,” said Heidi B. Jark, senior vice president and managing director of the Foundation Office. “Through the Foundation Office, the visions of individuals, families and institutions are realized, and legacies are attained by allocating the resources of their respective foundations in support of innovative programs and organizations in our communities.”
The Foundation Office’s charitable grants help a wide variety of people and are far-reaching in their impact. Stepping Stones Ohio, a nonprofit organization that helps people with disabilities create pathways to independence, received a grant from the Patricia Kisker Foundation for its Adult Day Services program. That program provides people between ages 22 and 70 the opportunity to explore employment and volunteer experiences. Participants also get hands-on training in a technology center to give them real-world experience with tools and equipment.
Chris Adams, executive director of Stepping Stones, said grants like the money received from the Patricia Kisker Foundation are extremely helpful in bringing opportunities to the people it serves. “The funding we receive from grants helps us procure equipment, purchase supplies and expands our ability to provide technology and training that we have,” he said. “The funding also gives us an opportunity to tap into community resources and to make our programming the best it can be.”
The eight foundations and trusts accept letters of inquiry from qualifying nonprofit organizations seeking grant support from Oct. 1 through Dec. 31 each year. For guidelines on the inquiry process, visit www.53.com/content/dam/fifth-third/docs/education/guidelines-for-grantseekers-trustee-foundations-092518.pdf. The eight are listed below with brief descriptions of their focus areas and the total amount distributed from them in 2018 to charitable organizations.
The Foundation Office at Fifth Third Bank also serves as trustee, co-trustee or agent for more than 100 private and corporate foundations that grant millions of dollars annually to worthy charities across the United States. The foundations support a variety of causes, from education to the arts and from basic-needs organizations like shelters and counseling centers to environmental projects and animal rescue. In addition, the Foundation Office manages the Fifth Third Foundation, one of the first corporate foundations established by a financial institution. The Fifth Third Foundation awarded $11.7 million in grants in 2018.
To learn more about the Foundation Office at Fifth Third Bank, please visit:. http://go.53.com/foundation.
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CONTACT: Danielle Jones
KEYWORD: UNITED STATES NORTH AMERICA OHIO
INDUSTRY KEYWORD: WOMEN OTHER CONSUMER EDUCATION OTHER EDUCATION PHILANTHROPY PROFESSIONAL SERVICES BANKING FINANCE CHILDREN CONSUMER FOUNDATION FUND RAISING
SOURCE: Fifth Third Bank
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PUB: 12/28/2018 10:00 AM/DISC: 12/28/2018 10:01 AM