Old National Bank Foundation, the philanthropic arm of Old National Bank (NASDAQ: ONB), announced contributions totaling $47,500 to six Wisconsin organizations and an annual total of $1.9 million footprint-wide, with some contributions being multi-year commitments. The Foundation awarded the following grants:
- 100 Black Men of Madison will receive $10,000 for Project SOAR (Student Opportunities, Access and Readiness).
- Asset Builders of America will receive $7,500 to support their Youth Power Financial Education Initiative.
- Big Brothers Big Sisters of Dane County will receive $7,500 to benefit High School & Beyond: College and Vocation program.
- Milwaukee Habitat for Humanity will receive $10,000 to assist 35 Low- to Moderate-Income families with the Affordable Homeownership and Repairs program.
- Movin Out Inc. was awarded $7,500 to support the Community Impact Program Pilot.
- United Performing Arts Fund will receive $5,000 for the La Casa de Esperanza Family Literacy Program.
"Old National Bank is focused on developing partnerships with organizations in our communities that are dedicated to leveraging funding opportunities that impact areas of greatest need. We are proud to partner with nonprofit organizations like the six grant recipients to strengthen our communities through initiatives with meaningful impact,” said Kevin Anderson, Wisconsin Region CEO of Old National Bank.
“Through Old National’s charitable giving programs, the Foundation demonstrates its commitment to improve the quality of life in the communities where its clients, associates, and shareholders live and work,” according to Janet Baas, Foundation President. “Due to the volume of applications received, each application is evaluated on a competitive basis as we strive to fund programs with strong impact and measurable outcomes. The Foundation’s primary focus areas are affordable housing, economic development, workforce development, financial literacy, and education programs. Priority consideration is also giving to initiatives that serve low-to-moderate income individuals and households,” said Baas. To learn more about the Foundation, please visit www.oldnational.com/giving.