Private Foundations in The Foundation Office at Fifth Third Bank Announce More Than $5.2 Million in 2021 Grants

Rhea-AI Summary

Fifth Third Bank's Foundation Office announced over $5.2 million in grants for 2021, supporting education, arts, health services, and community development for low- to moderate-income individuals and small businesses. Key beneficiaries include Episcopal Retirement Services, which received funding to renovate The Manse for senior housing, and Stepping Stones, which will enhance its campsite for individuals with disabilities. The foundations accept inquiry letters from qualifying nonprofits annually from October 1 to December 31.

Positive

• Grants totaling $5,265,000 are being utilized to support vital community services.
• Funding to Episcopal Retirement Services facilitates renovation for senior housing, enhancing quality of life for residents.
• Stepping Stones benefits from grants to improve camping facilities for individuals with disabilities, promoting inclusion.

Negative

• None.

CINCINNATI--(BUSINESS WIRE)-- Eight private family foundations in The Foundation Office at Fifth Third Bank, National Association, have announced grants of more than $5.2 million in 2021. Grants were awarded to organizations that focus on education, arts and culture, civic and community programs, health and human services, and community reinvestment activities that benefit low- to moderate-income earners, small businesses, affordable housing, financial literacy and workforce development efforts.

“We are honored to shepherd the philanthropic foundations of so many families,” said Heidi B. Jark, senior vice president and managing director of The Foundation Office. “We work hard to ensure that these organizations fulfill their mission of giving back to charitable causes.”

Episcopal Retirement Services, a nonprofit organization serving older adults through residential living communities and community outreach programs, received funds from the Jacob G. Schmidlapp Trust to complete the renovation of The Manse. The Manse was formerly a hotel where African American travelers were welcomed during the era of segregation and was featured in The Green Book, which outlined safe places for African Americans to sleep, eat and visit in the mid-20^th century. The Manse reopened in 2021 as a 60-unit senior apartment community, with support services to empower low-income older adults to live with dignity and help them age in place.

Laura Lamb, president and chief executive officer of ERS, explained how the money, which was used to complete the conversion of the former ballroom into the community’s event center, will directly impact residents. “What happens inside our buildings, with programs and services delivered by our committed and passionate staff, is truly life-changing. Community spaces like the event center are essential to encouraging residents to leave the solitude of their apartments so they may engage with others and find joy and purpose in their daily lives.” Jacob G. Schmidlapp was an early advocate for quality affordable housing for African Americans, which constitute a large portion of those The Manse serves.

Stepping Stones, which provides pathways toward independence for people with disabilities, received a grant from the Stillson Foundation. The money will go toward renovating two cabin lobbies at the agency’s campsite that provides summer overnight and weekend respite experiences for adults with disabilities. While at the site, campgoers participate in recreational activities such as fishing, archery and swimming. In a typical year, the respite programs serve approximately 360 individuals.

Chris Adams, Stepping Stones’ executive director, said that the renovations will help create spaces that improve the camp experience. “The cabin areas are the primary location for campers to socialize, partake in small-group activities, and build friendships. By creating a more comfortable and functional space, these improvements will elevate camp activities to next level of excellence,” he explained. “Collaborating with the Stillson Foundation will help us with our Continuous Camp Improvement Program that is designed to improve the overall camping experience for children and adults with disabilities. The Stillson Foundation’s support goes directly to improving lives and promoting inclusion for this community of campers.”

The eight foundations and trusts accept letters of inquiry from qualifying nonprofit organizations seeking grant support from Oct. 1 through Dec. 31 each year. For guidelines on the inquiry process, visit https://www.cybergrants.com/pls/cybergrants/quiz.display_question?x_gm_id=6990&x_quiz_id=8160. The eight available funds are listed below with brief descriptions of their focus areas and the total amount distributed from them in 2021 to charitable organizations.

Fund and description	2021 grants
Charles Moerlein Foundation, Fifth Third Bank, Trustee Supports religious, charitable, scientific, literary or educational purposes.	$50,000
Charlotte R. Schmidlapp Fund, Fifth Third Bank, Trustee Supports initiatives that empower and assist women and girls in achieving self-sufficiency.	$1,380,000
Eleanora C.U. Alms Trust, Fifth Third Bank, Trustee Supports charitable and educational purposes for the city of Cincinnati, with a focus on the arts.	$115,000
Helen G., Henry F., & Louise Tuechter Dornette Foundation, Fifth Third Bank, Trustee Supports nature and the conservation of nature’s beauty, as well as organizations that are beneficial to children, with a preference to organizations that Miss Dornette identified during her lifetime.	$610,000
Patricia Kisker Foundation, Fifth Third Bank, Trustee Supports organizations that benefit or serve children, and educational, musical or arts organizations, as well as organizations that Patricia Kisker supported during her lifetime.	$245,000
Jacob G. Schmidlapp Trusts, Fifth Third Bank, Trustee Supports charitable or educational purposes; for relief in sickness, suffering and distress; for the care of young children, the aged or the helpless or afflicted; for the promotion of education, and to improve living conditions.	$2,130,000
Ohio Valley Foundation, Fifth Third Bank, Agent Funds small equipment and capital improvement projects in the Ohio Valley.	$345,000
Stillson Foundation, Fifth Third Bank, Trustee Helps children and provides assistance to those charities the Stillsons supported during their lifetime.	$390,000
Total	$5,265,000

The Foundation Office at Fifth Third Bank, National Association, serves as trustee, co-trustee or agent for more than 300 private and corporate foundations that grant millions of dollars annually to worthy charities across the United States. The foundations support a variety of causes, from education to the arts and from basic-needs organizations like shelters and counseling centers to environmental projects and animal rescue.

To learn more about The Foundation Office at Fifth Third Bank, please visit 53.com/foundationoffice.

View source version on businesswire.com: https://www.businesswire.com/news/home/20211223005075/en/

Danielle Jones (Media Relations)

Danielle.Jones@53.com | 513-534-0162

Source: Fifth Third Foundation

FAQ

What was the total amount granted by Fifth Third Bank's Foundation Office in 2021?

Fifth Third Bank's Foundation Office granted a total of $5,265,000 in 2021.

Which organizations received grants from Fifth Third Bank in 2021?

Organizations receiving grants include Episcopal Retirement Services and Stepping Stones, among others.

What types of programs did the grants from Fifth Third Bank support?

The grants supported programs in education, arts, civic programs, health services, and community reinvestment.

When does Fifth Third Bank accept grant inquiry letters from nonprofits?

Fifth Third Bank accepts grant inquiry letters from October 1 to December 31 each year.

What is the focus of the Jacob G. Schmidlapp Trust's grant?

The Jacob G. Schmidlapp Trust supports charitable or educational purposes, including care for young children and the aged.