U.S. Bank announced today details of a $15 million Rebuild and Transform Fund, which will help small businesses impacted by civil unrest and support organizations working to address systemic economic and racial inequities. The U.S. Bank Foundation will make philanthropic investments in Black, Indigenous, People of Color (BIPOC) – led organizations, with a priority on Black-led nonprofits. The initial $5 million in grants will be distributed in the Twin Cities as general operating support and will include funding to grantees to support trauma care for staff or residents in impacted areas. The Fund is part of the bank’s previously announced $116 million commitment to address social and economic inequities.
