LOUISVILLE, Ky. (Dec. 19, 2013) – U.S. Bank announced today a $25,000 contribution to Fund for the Arts as the organization approaches the kick off its annual workplace giving campaign in early 2014. U.S. Bank’s funding will be used to match contributions made by either new donors or current donors who increase their giving level.
Founded in 1949, Fund for the Arts is the oldest united arts fund in the country and, just this year, has provided more than 500 grants to various organizations throughout Kentuckiana to provide financing for arts experiences and administrative support. Its mission is to maximize the impact of the arts on economic development, education and the quality of life for everyone in the region by generating resources, inspiring excellence, and creating community connections.
“For decades, Fund for the Arts has had a wide-ranging impact on the arts community throughout this region,” said David Wombwell, market president for U.S. Bank. “We hope that by providing incentives for new donors to get involved or to increase current donation levels, Fund for the Arts will be able to connect with potential lifelong supporters.”
U.S. Bank’s $25,000 will be used to match smaller contributions made by new individual or business donors, or current entry-level donors that step up to the next giving level, building engagement among these donor segments.
“U.S. Bank’s contribution comes at a great time now that we’re gearing up for our upcoming workplace giving campaign,” said Barbara Sexton Smith, president and CEO of Fund for the Arts. “We have tremendous relationships with our corporate partners, as companies like U.S. Bank understand the role of the arts in making this region a great place to live and work.”
U.S. Bank is committed to supporting the arts in the region. In addition to hosting an annual workplace giving campaign for Fund for the Arts, the bank has also been a primary sponsor for the 2013 St. James Court Art Show. The bank has 27 branches and employs nearly 250 people in the Louisville area.
About Fund for the Arts
Fund for the Arts is the oldest united arts fund in the country and has generated more than $188 million since its establishment in 1949. In 2013, the Fund for the Arts awarded 516 grants to various organizations through the region to provide financing for arts experiences and administrative support. The Fund for the Arts also hosts power2give.org, an online crowd-funding platform for any 501(c)3 organization in Kentucky and Southern Indiana to post arts and culture projects. Other Fund sponsored activities include The EVERY CHILD Arts Education Initiative and the NeXt! leadership development program for young professionals. For more information, visit www.fundforthearts.com.
About U.S. Bank
U.S. Bancorp (NYSE: USB), with $361 billion in assets as of September 30, 2013, is the parent company of U.S. Bank, the 5th largest commercial bank in the United States. The Company operates 3,088 banking offices in 25 states and 4,937 ATMs and provides a comprehensive line of banking, brokerage, insurance, investment, mortgage, trust and payment services products to consumers, businesses and institutions. Visit U.S. Bancorp on the web at usbank.com.
