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Q2 Announces Inaugural Recipients of Q2 Philanthropy Fund
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Q2 Holdings (NYSE: QTWO) has announced the first recipients of the Q2 Philanthropy Fund, providing grants of $10,000 each to twelve non-profit organizations globally. This initiative, in partnership with the Austin Community Foundation, aims to enhance the operational capacity of these non-profits. The program is part of Q2's Q2 Spark corporate social responsibility efforts, which saw a 116% increase in employee giving and over $900,000 donated in 2021 alone. The initiative reflects Q2's commitment to supporting diverse communities.
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Successful launch of the Q2 Philanthropy Fund with inaugural grants.
Each of the twelve selected non-profits receives $10,000 to support their initiatives.
Q2 Spark program saw a significant increase in employee giving by 116% in 2021.
Over $900,000 in donations made by Q2 employees in 2021.
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Twelve non-profits across the globe to receive award grants to further their mission and goals
AUSTIN, Texas--(BUSINESS WIRE)--
Q2 Holdings, Inc. (NYSE: QTWO), a leading provider of digital transformation solutions for banking and lending, today announced the inaugural grant recipients of the Q2 Philanthropy Fund. The new initiative is led in partnership with Austin Community Foundation (ACF), a grantmaking public charity, to make it easier and more accessible for non-profit organizations to apply for grants from Q2.
In the spirit of Q2 Spark, Q2’s corporate social responsibility program dedicated to igniting a community of philanthropists, a committee of Q2 employees was built to review nominations and select the grant recipients objectively. The 12 non-profits will each receive (1) $10,000 grant to further their goals and initiatives across the globe, enabling the organizations to have an even bigger impact on the communities they serve.
“We are thrilled to announce the inaugural grant recipients of the Q2 Philanthropy Fund,” said Kim Rutledge, executive vice president of People at Q2. “These deserving organizations are making a tangible impact within their respective communities, and we are proud to help provide the resources needed to extend the reach of their missions. Our partnership with Austin Community Foundation makes it easier for non-profit organizations to apply for grants from Q2, and it's exciting to see the fruits of that effort come together.”
The inaugural grant recipients of the Q2 Philanthropy Fund include the following non-profits:
BIG LOVE CANCER CARE (Austin, TX)
CEDARS Home for Children (Lincoln, NE)
Cheyanna's Champions 4 Children (CC4C) (Austin, TX)
Girlstart (Austin, TX)
Junior Achievement of Lincoln, Inc. (Lincoln, NE)
Keep Austin Beautiful, Inc. (Austin, TX)
Mobile Loaves & Fishes (Austin, TX)
Multicultural Refugee Coalition (Austin, TX)
Ronald McDonald House Charities of Central Texas (Austin, TX)
SAFE Alliance (Austin, TX)
The Akshaya Patra Foundation (Bangalore, India)
Triangle Land Conservancy (Cary, NC)
“We’re proud to partner with Q2 on the development and facilitation of a transparent, equitable grantmaking process for the inaugural grant cycle of the Q2 Philanthropy Fund,” said Mike Nellis, CEO, Austin Community Foundation. “Congratulations to the grants review team and the first cohort of nonprofits selected to receive grant funding for their work to build strong and diverse communities.”
In 2021, Q2 launched Q2 Spark, its corporate social responsibility program dedicated to igniting a community of philanthropists within Q2 and serving local communities. Q2 employees embraced Spark, and in 2021 alone, employee giving increased by 116%, and included more than $900 thousand in donations to philanthropic organizations and over 4,000 volunteer hours served in local communities. The Q2 Philanthropy Fund is a part of Q2 Spark.
For 45 years, Austin Community Foundation has brought together philanthropists, dollars and ideas to make Austin a better place for everyone. The Austin Community Foundation brings together the financial resources of individuals, families, and businesses to support local causes and address the needs in their communities.
ABOUT Q2 HOLDINGS, INC.
Q2 is a financial experience company dedicated to providing digital banking and lending solutions to banks, credit unions, alternative finance, and fintech companies in the U.S. and internationally. With comprehensive end-to-end solution sets, Q2 enables its partners to provide cohesive, secure, data-driven experiences to every account holder – from consumer to small business and corporate. Headquartered in Austin, Texas, Q2 has offices throughout the world and is publicly traded on the NYSE under the stock symbol QTWO. To learn more, please visit Q2.com.
What is the Q2 Philanthropy Fund and who are its inaugural recipients?
The Q2 Philanthropy Fund is an initiative by Q2 Holdings providing $10,000 grants to twelve non-profits globally to aid their missions. Recipients include organizations like BIG LOVE CANCER CARE and Ronald McDonald House Charities.
How much did Q2 Holdings donate through employee giving in 2021?
In 2021, Q2 Holdings employees contributed over $900,000 through the Q2 Spark corporate social responsibility program.
What is the purpose of the Q2 Philanthropy Fund?
The purpose of the Q2 Philanthropy Fund is to provide financial support to non-profit organizations to enhance their impact in the communities they serve.
Which organization partnered with Q2 for the Q2 Philanthropy Fund?
Q2 partnered with the Austin Community Foundation to facilitate the grant application process for non-profits.
In what areas does Q2 Holdings operate?
Q2 Holdings operates in providing digital banking and lending solutions to banks, credit unions, and fintech companies both in the U.S. and internationally.
