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    5. Us Bank Foundation
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    Us Bank Foundation

    ActivePhilanthropy & Voluntarism
    MILWAUKEE, WIWebsite6123030738

    About Us Bank Foundation

    US Bank Foundation makes very large, concentrated grants to a small number of institutional partners, favoring general operating support over restricted project funding. The foundation's biggest investments are in major institutional actors such as a single large, but unspecified, grantee (listed as “SEE ATTACHED”) and the University of Minnesota Foundation, suggesting a focus on strengthening flagship regional institutions and broadly supporting their missions rather than many small community grants.

    Focus Areas

    Unrestricted general operating support to major institutional partnersHigher education philanthropy (university endowments/foundations, e.g., University of Minnesota Foundation)Large-scale regional or statewide initiatives administered through anchor organizations

    Giving Approach

    Highly concentrated giving: very few grants (4 total) with the vast majority of dollars going to two recipients (three large grants to one undisclosed grantee and a major grant to a university foundation). Grants are large and likely multi-year or endowed/general purpose rather than small, project-specific awards.

    Funding Style

    general operating supportunrestricted supportcore/organizational funding

    About Us Bank Foundation

    US Bank Foundation’s recent giving is defined by very large general operating grants to a small set of institutional partners. Three consecutive awards to See Attached in Milwaukee, each above $32 million, show a pattern of sustaining core organizational work rather than financing narrow projects. The fourth-largest recent grant, a $11,814,140 general purpose award to University of Minnesota Fdn in Minneapolis, points to a second lane of support: strengthening major regional institutions through flexible funding. That pattern fits the foundation’s broader grantmaking profile. It operates through concentrated, high-value awards and favors unrestricted or general-purpose support over tightly restricted project grants. The recipients visible in the recent grants list are all U.S.-based and all anchored in the Midwest, with Milwaukee appearing repeatedly. In practice, the foundation looks less like a broad small-grants funder and more like a capital partner for a limited number of organizations that already play a large institutional role. The foundation’s public program structure also shows interest in community development, housing stability, workforce opportunity, and student support, but the recent grants data indicates that its largest commitments are directed toward general support for anchor institutions.

    What Us Bank Foundation Funds

    In higher education philanthropy, US Bank Foundation gave $11,814,140 to University of Minnesota Fdn for general purpose support. That grant sits alongside the foundation’s larger pattern of flexible funding for established institutions. General operating support is the clearest thread in the recent grants list. A $54,596,852 award to See Attached in 2025 and a $38,232,206 award in 2024 were both listed as general operating, showing repeated support for the same recipient over multiple years. The foundation also maintains program channels tied to community development. Its Opportunity Fund targets CDFIs, MDIs, and organizations serving LMI communities and underserved entrepreneurs, including developers of color, women, BIPOC, and LGBTQ+ entrepreneurs. Separate program areas include housing through Home Grants, public-space and arts work through Play Grants, and services for active-duty military, veterans, and their families through the Service to Armed Forces Program.

    How Us Bank Foundation Gives

    Financial Snapshot

    Annual Giving

    $66.4M

    Total Assets

    $138.2M

    Total Revenue

    $54.3M

    Total Expenses

    $69M

    Typical Grant Size

    Most grants fall between $33.6M and $36.7M, with a median of $35.1M.

    25th Percentile

    $33.6M

    Median

    $35.1M

    75th Percentile

    $36.7M

    Geographic Reach

    Regional2 states funded
    Funding intensity
    Low
    High
    Headquarters

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    Privacy PolicyTerms of ServiceYour privacy choicesEnvironmental footprintSystem Status
    EIN (Tax ID): 41-1359579Latest Form 990: 2025Total assets: $138.2M3 filings on recordFind their full 990 filing →
    See If You're a Fit — FreeFree account · instant fit score · similar funders
    general purpose funding

    Notable grantees: SEE ATTACHED (undisclosed major institutional grantee), University of Minnesota Foundation, Other unnamed/smaller local beneficiaries (minor share of total grants)

    Topics

    nonprofit general supportorganizational capacity / sustainabilityoperational expenses

    The recent grant sizes are tightly clustered at a very high level: p25 is $33,569,548, median is $35,123,768, and p75 is $36,677,987. That spread signals a narrow band of large awards rather than a broad mix of small and mid-sized grants. The foundation’s giving also appears recurring rather than one-off. See Attached received major general operating awards in 2023, 2024, and 2025, all from Milwaukee. US Bank Foundation is classified as a regular funder, does not fund individuals, and does not make program-related investments. Several programs are invited rather than open, and the provided program pages indicate unsolicited applications are not accepted for those programs.

    Where Us Bank Foundation Makes Grants

    Giving is highly concentrated in Wisconsin: 100% of the grants in the recipient distribution go to Wisconsin-based organizations, and the top state by grant count is WI. Milwaukee appears repeatedly in the recent grants list, including the largest grants to See Attached. The other named recipient city in the recent data is Minneapolis, where University of Minnesota Fdn is located. The broader program structure references U.S. Bank operating markets and the United States for several invited programs, but the recent grants themselves are all domestic.

    Frequently Asked Questions About Us Bank Foundation

    What kinds of organizations does US Bank Foundation support most often?

    The recent grants point to major institutional partners, especially organizations receiving general operating or general purpose support. The foundation also has active programs for CDFIs, MDIs, housing-related work, arts and public spaces, veterans and military families, disaster services, and student scholarships.

    How large are the foundation’s typical grants?

    The recent grants are very large and tightly grouped. The p25 amount is $33,569,548, the median is $35,123,768, and the p75 is $36,677,987.

    Does US Bank Foundation support the same grantees more than once?

    Yes. See Attached received general operating grants in 2023, 2024, and 2025, indicating repeated support across multiple years rather than a one-time award pattern.

    Can organizations apply unsolicited?

    For the active programs described here, unsolicited applications are not accepted. The Opportunity Fund, Play Grants, Home Grants, Service to Armed Forces Program, Home Fire Campaign, Disaster Services Funding Program, Market Impact Grant, and the scholarship programs are all listed as not accepting unsolicited applications, except the U.S. Bank Student Scholarship, which is marked as accepting unsolicited submissions.

    Latest 990 Filing

    2025

    Source: IRS Form 990-PF, fiscal year 2025.

    Open Grant Opportunities

    Current and upcoming funding from Us Bank Foundation that your nonprofit may be able to apply for.

    Open nowRolling / open intake

    Community Possible Play Grants

    Arts and cultural programmingVisual and performing artsArts education+9 more

    Who can apply: Eligible organizations must be 501(c)(3) nonprofits based in and serving designated U.S. Bank communities, maintain a qualifying nondiscrimination policy, and propose arts, play, or outdoor-place programs aligned with Community Possible priorities.

    Deadline: LOIs accepted at any time during the year for new and emerging organizations; full applications are by invitation.

    View & apply
    Open nowRolling / open intake

    Community Possible Home Grants

    Affordable housing developmentHousing preservation and rehabilitationTransitional housing+10 more

    Who can apply: Eligible organizations must be 501(c)(3) nonprofits based in and serving designated U.S. Bank communities, maintain a qualifying nondiscrimination policy, and propose housing or neighborhood programs aligned with Community Possible priorities.

    Deadline: LOIs accepted at any time during the year for new and emerging organizations; full applications are by invitation.

    View & apply
    Open nowRolling / open intakeAward: Varies

    Community Possible Grant Program

    Economic and workforce advancementSmall business developmentWorkforce education+9 more

    Who can apply: Organizations must be based in and serve designated U.S. Bank communities, have IRS 501(c)(3) tax-exempt status, and maintain a qualifying nondiscrimination policy. Requests must align with Work, Home, or Play. Capital requests additionally require a prior funding relationship, the organization's entire mission to fit a Community Possible focus area, and a U.S. Bank employee on the board. Restrictions exclude political activity and lobbying, for-profits, private foundations, endowments, fundraising events, individuals, deficit reduction, and other listed categories.

    Deadline: New and emerging organizations may submit an LOI at any time during the year. Established partners apply annually by invitation; no public full-application deadline is stated.

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    Deadlines and eligibility are summarized from public sources and may change — always confirm the details on the funder's official application page before applying.

    View & apply

    Recent Grants

    Most recent grants reported to the IRS.

    RecipientLocationAmountYearPurpose
    UNIVERSITY OF MINNESOTA FDNMINNEAPOLIS, MN$11,814,1402025GENERAL PURPOSE

    UNIVERSITY OF MINNESOTA FDN

    $11,814,140
    MINNEAPOLIS, MN2025

    GENERAL PURPOSE