U.S. BANCORP FOUNDATION, INC.

Financial Information

Total Assets: $18,331,951

Total Giving: $20,051,456

Area of Service:

Arizona
Arkansas
California
Colorado
Idaho
Illinois
Indiana
Iowa
Kansas
Kentucky
Minnesota
Missouri
Montana
Nebraska
Nevada
North Dakota
Ohio
Oregon
South Dakota
Tennessee
Utah
Washington
Wisconsin
Wyoming

Areas of Interest:

Not Available

Programs

None

Grants

The following grants were reported in 2007:
$850,000 to United Way, Greater Twin Cities, Minneapolis, MN. For general operating support, payable over 1 year.
$142,857 to Minneapolis Institute of Arts, Minneapolis, MN. For capital support, payable over 1 year.
$100,000 to Boy Scouts of America, Cincinnati, OH. For capital support, payable over 1 year.
$100,000 to Cristo Rey Jesuit High School, Minneapolis, MN. For capital support, payable over 1 year.
$75,000 to YMCA of Metropolitan Minneapolis, Minneapolis, MN. For capital support, payable over 1 year.
$64,000 to Local Initiatives Support Corporation, Twin Cities, Saint Paul, MN. For program support, payable over 1 year.
$55,000 to Home Ownership Center, South Saint Paul, MN. For general operating support, payable over 1 year.
$5,000 to Chicago Cares, Chicago, IL. For general operating support, payable over 1 year.
$4,500 to University Enterprises, Sacramento, CA. For general operating support, payable over 1 year.
$3,500 to Young Imaginations, San Rafael, CA. For general operating support, payable over 1 year.

Limitations

Giving primarily in AR, AZ, CA, CO, ID, IA, IL, IN, KS, KY, MN, MO, MT, ND, NE, NV, OH, OR, SD, TN, UT, WA, WI, and WY.
No support for fraternal organizations, merchant associations, or 501(c)(4) or (6) organizations, 509(a)(3) supporting organizations, pass-through organizations or private foundations, religious organizations, political organizations or lobbying organizations, United Way-supported organizations, or child care providers.
No grants to individuals, or for fundraising events or sponsorships, travel, endowments, debt reduction, or chamber memberships or programs.

Summary

The foundation supports organizations involved with arts and culture, education, employment, housing, youth development, human services, and community development. Special emphasis is directed toward programs designed to improve the educational and economic opportunities of low- and moderate-income persons; and enhance the cultural and artistic life of communities.

Additional

Type of Grantmaker: Company-sponsored foundation
Established in 1979.

Quick Facts Sheet
URL:

http://www.usbank.com/cgi_w/cfm/about/community_relations/charit_giving.cfm

Located in:

Minneapolis,

Arizona
Arkansas
California
Colorado
Idaho
Illinois
Indiana
Iowa
Kansas
Kentucky
Minnesota
Missouri
Montana
Nebraska
Nevada
North Dakota
Ohio
Oregon
South Dakota
Tennessee
Utah
Washington
Wisconsin
Wyoming

United States

Contact Information / Process

Phone: (612) 303-4000

Email: Not Available

Address:
BC-MN-H21B
800 Nicollet Mall, 21st Fl.
Minneapolis, MN 55402

Procedure:
Proposals should be no longer than 1 page. Visit Web site for state charitable giving contacts and application deadlines. Application form required. Applicants should submit the following:
1. Copy of IRS Determination Letter
2. Copy of most recent annual report/audited financial statement/990
3. Listing of board of directors, trustees, officers and other key people and their affiliations
4. Detailed description of project and amount of funding requested
5. Copy of current year’s organizational budget and/or project budget
6. Listing of additional sources and amount of support
7. Additional materials/documentation
Initial approach: Download application form and mail proposal and application form to nearest charitable giving contact
Board meeting date(s): 6 times per year
Deadline(s): Varies

Donors & Leadership

Donors:
First Bank System, Inc.
U.S. Bancorp
U.S. Bank, N.A.

Officers and Trustees:
Richard K. Davis, Chairperson
Lee R. Mitau, President and Secretary
Jennie Carlson
Andrew Cecere
John Elmore
Richard Hartnack
Joseph M. Otting
Richard Payne
Kent Stone

EIN:

411359579

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