{"id":403953,"date":"2020-12-21T14:28:09","date_gmt":"2020-12-21T19:28:09","guid":{"rendered":"http:\/\/www.marketnewsdesk.com\/?p=403953"},"modified":"2020-12-21T14:28:09","modified_gmt":"2020-12-21T19:28:09","slug":"private-foundations-in-the-foundation-office-at-fifth-third-bank-announce-more-than-6-6-million-in-2020-grants","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/private-foundations-in-the-foundation-office-at-fifth-third-bank-announce-more-than-6-6-million-in-2020-grants\/","title":{"rendered":"Private Foundations in The Foundation Office at Fifth Third Bank Announce More Than $6.6 Million in 2020 Grants"},"content":{"rendered":"

<\/p>\n

Private Foundations in The Foundation Office at Fifth Third Bank Announce More Than $6.6 Million in 2020 Grants <\/b><\/p>\n

CINCINNATI–(BUSINESS WIRE<\/a>)–
\nEight private family foundations in The Foundation Office at Fifth Third Bank, National Association, have announced gifts of more than $6.6 million in 2020. Grants were awarded from these private family foundations 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 earners, small businesses, affordable housing, financial literacy and workforce development efforts.\n<\/p>\n

This press release features multimedia. View the full release here: https:\/\/www.businesswire.com\/news\/home\/20201221005682\/en\/<\/a><\/p>\n

\"Heidi<\/p>\n

Heidi B. Jark, senior vice president and managing director of The Foundation Office. (Photo: Business Wire)<\/p>\n<\/div>\n

\n\u201cWe are always pleased to honor the vision of the families who entrust their philanthropic foundations to our office,\u201d said Heidi B. Jark, senior vice president and managing director of The Foundation Office. \u201cIn a year that has been extremely hard on nonprofits and the communities they serve we are especially honored to assist so many organizations with fulfilling their mission.\u201d\n<\/p>\n

\nBethany House Services, a nonprofit organization that provides a variety of family-centered homelessness services, received funds from the Jacob G. Schmidlapp Trust. Susan Schiller, Bethany House\u2019s chief executive officer, explained how the money, which will be used for the One Step Closer to Home Program, will directly assist families. \u201cThe funding will help us build our new family shelter and comprehensive services center, which will meet the needs of 1,000 families who are experiencing homelessness.\u201d The organization\u2019s offerings include expanded services for children and additional on-site physical and mental healthcare for families. \u201cIt has been an unbelievably challenging year for everyone \u2013 especially for families without a home. The funding from the Jacob G. Schmidlapp Foundation will create a safe space for single moms and children where they will have warm beds, food, a safe environment for them to heal and a pathway to stability.\u201d\n<\/p>\n

\nAmerican Legacy Theatre received funds from the Alms Trust to create Home Theatre, a new programmatic offering, which innovates theatre storytelling by making the audience a co-producer collaborating with the artist. Matthew David Gellin, producing artistic director, explained that Home Theatre will generate 30 original world premiere productions in six months and reach at least 3,000 people. \u201cBecause of the support from the Alms Trust, American Legacy Theatre can share the stories of those who cannot privately pay for this experience and explore stories dealing with extreme poverty, isolation by age or geography, physical or mental disability, and other challenges not readily discussed in our community,\u201d he said. \u201cIf American Legacy Theatre did not have funding from the Alms Trust, Home Theatre would not be able to happen. This funding allows us the ability to launch a new approach to theatre and to be a leader in the national conversation on how to bridge communities.\u201d\n<\/p>\n

\nThe 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 https:\/\/www.cybergrants.com\/pls\/cybergrants\/quiz.display_question?x_gm_id=6990&x_quiz_id=8160<\/a>. The eight available funds are listed below with brief descriptions of their focus areas and the total amount distributed from them in 2020 to charitable organizations.\n<\/p>\n\n\n\n\n\n\n\n\n\n\n\n
\n

Fund and description<\/b><\/p>\n<\/td>\n

\n

2020 Grants<\/b><\/p>\n<\/td>\n<\/tr>\n

\n

Charles Moerlein Foundation, Fifth Third Bank, Trustee<\/b><\/p>\n

\nSupports religious, charitable, scientific, literary or educational purposes.\n<\/p>\n<\/td>\n

\n

$70,000<\/b><\/p>\n<\/td>\n<\/tr>\n

\n

Charlotte R. Schmidlapp Fund, Fifth Third Bank, Trustee<\/b><\/p>\n

\nSupports initiatives that empower and assist women and girls
\n
in achieving self-sufficiency.\n<\/p>\n<\/td>\n

\n

$1.25 million<\/b><\/p>\n<\/td>\n<\/tr>\n

\n

Eleanora C.U. Alms Trust, Fifth Third Bank, Trustee<\/b><\/p>\n

\nSupports charitable and educational purposes for the city of Cincinnati,
\n
with a focus on the arts.\n<\/p>\n<\/td>\n

\n

$140,000<\/b><\/p>\n<\/td>\n<\/tr>\n

\n

Helen G., Henry F., & Louise Tuechter Dornette Foundation,
\n
Fifth Third Bank, Trustee<\/b><\/p>\n

\nSupports nature and the conservation of nature\u2019s beauty, as well as organizations that are beneficial to children, with a preference to organizations that Miss Dornette identified during her lifetime.\n<\/p>\n<\/td>\n

\n

$130,000<\/b><\/p>\n<\/td>\n<\/tr>\n

\n

Patricia Kisker Foundation, Fifth Third Bank, Trustee<\/b><\/p>\n

\nSupports organizations that benefit or serve children, and educational, musical or arts organizations, as well as organizations that Patricia Kisker supported during her lifetime.\n<\/p>\n<\/td>\n

\n

$150,000<\/b><\/p>\n<\/td>\n<\/tr>\n

\n

Jacob G. Schmidlapp Trusts, Fifth Third Bank, Trustee<\/b><\/p>\n

\nSupports charitable or educational purposes; for relief in sickness, suffering and distress; for the care of young children, the aged or the helpless or afflicted; for the promotion of education, and to improve living conditions.\n<\/p>\n<\/td>\n

\n

$4.302 million<\/b><\/p>\n<\/td>\n<\/tr>\n

\n

Ohio Valley Foundation, Fifth Third Bank, Agent<\/b><\/p>\n

\nFunds small equipment and capital improvement projects in the Ohio Valley.\n<\/p>\n<\/td>\n

\n

$290,000<\/b><\/p>\n<\/td>\n<\/tr>\n

\n

Stillson Foundation, Fifth Third Bank, Trustee<\/b><\/p>\n

\nHelps children and provides assistance to those charities the Stillsons supported during their lifetime.\n<\/p>\n<\/td>\n

\n

$295,000<\/b><\/p>\n<\/td>\n<\/tr>\n

\n

Total<\/b><\/p>\n<\/td>\n

\n

$6,627,500<\/b><\/p>\n<\/td>\n<\/tr>\n<\/table>\n

\nThe Foundation Office at Fifth Third Bank, National Association, also serves as trustee, co-trustee or agent for more than 300 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.\n<\/p>\n

\nTo learn more about The Foundation Office at Fifth Third Bank, please visit: www.53.com\/foundationoffice<\/a>.\n<\/p>\n

\nCategory: Other\n<\/p>\n

\"\"<\/p>\n

View source version on businesswire.com: <\/span>https:\/\/www.businesswire.com\/news\/home\/20201221005682\/en\/<\/a><\/span><\/p>\n

\nDanielle Jones (Media Relations)
\n
Danielle.Jones@53.com<\/a> | 513-534-0162\n<\/p>\n

KEYWORDS:<\/b> Ohio United States North America<\/p>\n

INDUSTRY KEYWORDS:<\/b> Banking Professional Services Finance<\/p>\n

MEDIA:<\/b><\/p>\n\n\n\n\n
Photo<\/b><\/font><\/td>\n<\/tr>\n
\"Photo\"<\/td>\n<\/tr>\n
Heidi B. Jark, senior vice president and managing director of The Foundation Office. (Photo: Business Wire)<\/font><\/td>\n<\/tr>\n<\/table>\n","protected":false},"excerpt":{"rendered":"

Private Foundations in The Foundation Office at Fifth Third Bank Announce More Than $6.6 Million in 2020 Grants CINCINNATI–(BUSINESS WIRE)– Eight private family foundations in The Foundation Office at Fifth Third Bank, National Association, have announced gifts of more than $6.6 million in 2020. Grants were awarded from these private family foundations 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 earners, small businesses, affordable housing, financial literacy and workforce development efforts. This press release features multimedia. View the full release here: https:\/\/www.businesswire.com\/news\/home\/20201221005682\/en\/ Heidi B. Jark, senior vice president and managing director of The Foundation Office. (Photo: Business Wire) \u201cWe are always pleased … <\/p>\n

Continue reading “Private Foundations in The Foundation Office at Fifth Third Bank Announce More Than $6.6 Million in 2020 Grants”<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-403953","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"\nPrivate Foundations in The Foundation Office at Fifth Third Bank Announce More Than $6.6 Million in 2020 Grants - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/private-foundations-in-the-foundation-office-at-fifth-third-bank-announce-more-than-6-6-million-in-2020-grants\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Private Foundations in The Foundation Office at Fifth Third Bank Announce More Than $6.6 Million in 2020 Grants - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"Private Foundations in The Foundation Office at Fifth Third Bank Announce More Than $6.6 Million in 2020 Grants CINCINNATI–(BUSINESS WIRE)– Eight private family foundations in The Foundation Office at Fifth Third Bank, National Association, have announced gifts of more than $6.6 million in 2020. Grants were awarded from these private family foundations 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 earners, small businesses, affordable housing, financial literacy and workforce development efforts. This press release features multimedia. View the full release here: https:\/\/www.businesswire.com\/news\/home\/20201221005682\/en\/ Heidi B. Jark, senior vice president and managing director of The Foundation Office. 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Grants were awarded from these private family foundations 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 earners, small businesses, affordable housing, financial literacy and workforce development efforts. This press release features multimedia. View the full release here: https:\/\/www.businesswire.com\/news\/home\/20201221005682\/en\/ Heidi B. Jark, senior vice president and managing director of The Foundation Office. 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