Umpqua Bank Charitable Foundation Awards Community Grants to 78 Nonprofits

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Umpqua Bank Charitable Foundation, a subsidiary of Columbia Banking System, has awarded 78 grants totaling $417,000 to local nonprofits. This is the first cycle of grants in 2023 and follows the $20 million disbursement from the merger between Umpqua Bank and Columbia Bank. The grants support organizations across Oregon, Washington, California, Idaho, and Nevada.

2023's first cycle of grants issued as part of $20MM philanthropic commitment following transformative merger with Columbia Bank

LAKE OSWEGO, Ore., June 12, 2023 /PRNewswire/ -- In its first community grants cycle of 2023, the Umpqua Bank Charitable Foundation, a 501(c)(3) organization of Umpqua Bank, under the parent company Columbia Banking System, Inc. (Nasdaq: COLB), has awarded 78 grants to local nonprofits across its footprint totaling $417,000.

Umpqua's community grants this cycle support nonprofit organizations across Oregon, Washington, California, Idaho and Nevada, and are part of the Bank's overall foundation and corporate giving program that has invested $17.4 million in communities since the foundation was formed in 2014. 

"Each of the nonprofits selected displays an exemplary service mindset and a deep commitment to improving economic prosperity for under-resourced individuals, families and small businesses," says Randy Choy, vice president of philanthropy programs and managing director of the Umpqua Bank Charitable Foundation. "We're honored to partner with them by investing in their critical work, and we look forward to supporting many more organizations in 2023 through our giving and volunteerism programs."

This is the first of three grant cycles in 2023, and the first cycle following the close of the merger between Umpqua Bank and Columbia Bank in March of this year. Following the completion of the merger, Umpqua Bank and parent company Columbia Banking System disbursed $20 million to the charitable foundation to sustain the foundation's historic charitable giving levels and activate millions more each year.

"The Umpqua Bank Charitable Foundation is central to how we will continue to show up in support of each and every community we serve," says Umpqua Bank Chief Marketing Officer David Moore Devine. "We issued this initial $20 million disbursement to the foundation at the outset of our future together to strengthen our commitment and ensure we will continue investing in our communities with greater impact and scale in the years ahead."

This cycle's recipient organizations were selected from among hundreds of applicants, with a demonstrated commitment to improving economic prosperity for under-resourced individuals, families, and small businesses in at least one of the following areas: college, career and technical readiness; financial competency; housing stability and homeownership; entrepreneurship and business expansion; small business support and financial guidance; family engagement and resiliency; vibrant and equitable neighborhoods; and technical and digital connectivity.

Learn more, including application deadlines and guidelines for our next community grant cycles, at www.umpquabank.com/our-impact/partnerships/

The following recipients received grants between $5,000-10,000: 

OREGON

Organization

Adelante Mujeres

Arts Council of Pendleton

Assistance League of Klamath Basin

CASA of Douglas County

Childrens Healing Art Project, Inc.

Community LendingWorks

Connected Lane County

Corvallis Neighborhood Housing Services, Inc.

Free Geek

Girls Inc of the Pacific Northwest

Housing Northwest, Inc.

Kor Community Land Trust

Neighborhood Nonprofit Platform (No One Left Offline)

Northeast Oregon Economic Development District

Portland Community Reinvestment Initiatives, Inc.

Portland Housing Center

Reach Community Development, Inc.

Reedsport Church of God

Schoolhouse Supplies, Inc.

SE Works, Inc. (BankWork$)

SMART Reading

Wallowa County Business Facilitation

 

WASHINGTON

Organization

Asia Pacific Cultural Center

Communities in Schools of Benton-Franklin

Communities Rise

Ellensburg Downtown Association

Habitat for Humanity International, Inc. (Seattle)

Habitat for Humanity International, Inc. (Tacoma)

Homesight

Homestead Community Land Trust

Interfaith Hospital Network (Family Promise of Spokane)

Junior Achievement of Washington (Franklin County)

Junior Achievement of Washington (King and Spokane Counties)

Pizza Klatch

SNAP Financial Services

South Sound Outreach Services

Swan Vocational Enterprises

Tacoma Urban League

United Way of Benton & Franklin Counties

United Way of Lewis County

Urban League of Metropolitan Seattle

Vanessa Behan

Ventures

Wing Luke Memorial Foundation

Youth Eastside Services

YouthCare

 

CALIFORNIA

Organization

Boys & Girls Clubs of Contra Costa

College Track

Diablo Valley College Foundation

Financial Beginnings (California)

Friends of the Children-Los Angeles

Jacobs & Cushman San Diego Food Bank

JVS-SoCal (BankWork$)

Mission Bit

Mutual Housing California

North Marin Community Services

Opportunity Junction, Inc.

Orange County Community Housing Corp

Petaluma Ecumenical Properties

Richmond Neighborhood Housing Services

Shelter Providers of Orange County, Inc.

Stand Up for Kids

The Tower Foundation of San Jose State University

TMC Community Capital

United Way of the Bay Area

Up Valley Family Centers of NAPA County

Valley Contractors Workforce Foundation

West Enterprise Center, Inc.

Womens Empowerment

Working Solutions CDFI

Yuba Sutter Economic Development Corporation

Zero 8Hundred, Inc.

 

IDAHO

Organization

Boise Rescue Mission

Habitat For Humanity International, Inc. (North Idaho)

 

NEVADA

Organization

Arts for All Nevada

Big Brothers Big Sisters of Northern Nevada

About Umpqua Bank
Umpqua Bank is a subsidiary of Columbia Banking System Inc., and a premier regional bank in the Western U.S., operating in Oregon, Washington, California, Idaho, Nevada, Utah, Arizona and Colorado. With over $50 billion of assets, Umpqua combines the resources, sophistication and expertise of a national bank with a commitment to deliver personalized service at scale. The bank consistently ranks as one of America's Best Banks (ranked by Forbes) and supports consumers and businesses through a full suite of services, including retail and commercial banking; Small Business Administration lending; institutional and corporate banking; equipment leasing; and wealth management. The company is headquartered in Lake Oswego, Oregon, and trades under the ticker symbol COLB on the Nasdaq. Learn more at https://www.umpquabank.com.

About the Umpqua Bank Charitable Foundation
The Umpqua Bank Charitable Foundation, a 501(c)(3) organization of Umpqua Bank, recognizes the importance of building healthier, more resilient, better connected and inclusive communities throughout the eight-state footprint. It works to strengthen the communities Umpqua Bank serves by investing in organizations and initiatives that expand access to education and create economic opportunity for individuals, families and small businesses. The foundation was formed in 2014 to demonstrate Umpqua's deep commitment to the communities it serves and has distributed more than $17 million across the bank's footprint.

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SOURCE Umpqua Bank

FAQ

What is the Umpqua Bank Charitable Foundation?

The Umpqua Bank Charitable Foundation is a 501(c)(3) organization of Umpqua Bank, under the parent company Columbia Banking System, Inc. (Nasdaq: COLB).

How many grants were awarded in the first cycle of 2023?

78 grants were awarded in the first cycle of 2023.

How much was the total amount of grants awarded?

The total amount of grants awarded was $417,000.

Which states do the grants support?

The grants support organizations across Oregon, Washington, California, Idaho, and Nevada.

What is the significance of the merger between Umpqua Bank and Columbia Bank?

Following the merger, $20 million was disbursed to the Umpqua Bank Charitable Foundation to sustain its charitable giving levels.