Umpqua Bank, a subsidiary of Umpqua Holdings Corporation (UMPQ), recently announced $300K in grants for nonprofit partners that adapted to the disruptions of 2020 and expanded critical support services to underrepresented communities most impacted.
Three nonprofits were each awarded a one-year, $100,000 grant, including: Tacoma, Washington-based Tacoma Housing Authority; Roseburg, Oregon-based NeighborWorks Umpqua and Sacramento, California.-based Alchemist Community Development Corporation.
“These grants acknowledge the tremendous agility of nonprofits that were stretched more than ever, yet expanded to help individuals and communities overcome hurdles of the pandemic, wildfires and more,” said Umpqua Bank CEO Cort O’Haver, “All three partners are outstanding examples of adaption and resiliency in service to others, and we’re thrilled to support and expand the impact of their work.”
Awarded through the Umpqua Bank Charitable Foundation, the grants give flexibility to support innovative programs that address the unique challenges of 2020 for the most vulnerable citizens and communities. Key priority areas include affordable housing, family financial stability and small business support.