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Private Foundations in The Foundation Office at Fifth Third Bank Announce More Than $6.6 Million in 2020 Grants

Private Foundations in The Foundation Office at Fifth Third Bank Announce More Than $6.6 Million in 2020 Grants

Published 12-22-20

Submitted by Fifth Third Bancorp

Heidi B. Jark, senior vice president and managing director of The Foundation Office

CINCINNATI, December 22, 2020 /CSRwire/ – Eight private family foundations in The Foundation Office at Fifth Third Bank, National Association, have announced gifts of more than $6.6 million in 2020.  Grants were awarded from these private family foundations 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 always pleased to honor the vision of the families who entrust their philanthropic foundations to our office,” said Heidi B. Jark, senior vice president and managing director of The Foundation Office. “In a year that has been extremely hard on nonprofits and the communities they serve we are especially honored to assist so many organizations with fulfilling their mission.”

Bethany House Services, a nonprofit organization that provides a variety of family-centered homelessness services, received funds from the Jacob G. Schmidlapp Trust. Susan Schiller, Bethany House’s chief executive officer, explained how the money, which will be used for the One Step Closer to Home Program, will directly assist families. “The funding will help us build our new family shelter and comprehensive services center, which will meet the needs of 1,000 families who are experiencing homelessness.” The organization’s offerings include expanded services for children and additional on-site physical and mental healthcare for families. “It has been an unbelievably challenging year for everyone – especially for families without a home. The funding from the Jacob G. Schmidlapp Foundation will create a safe space for single moms and children where they will have warm beds, food, a safe environment for them to heal and a pathway to stability.”

American Legacy Theatre received funds from the Alms Trust to create Home Theatre, a new programmatic offering, which innovates theatre storytelling by making the audience a co-producer collaborating with the artist. Matthew David Gellin, producing artistic director, explained that Home Theatre will generate 30 original world premiere productions in six months and reach at least 3,000 people. “Because of the support from the Alms Trust, American Legacy Theatre can share the stories of those who cannot privately pay for this experience and explore stories dealing with extreme poverty, isolation by age or geography, physical or mental disability, and other challenges not readily discussed in our community,” he said. “If American Legacy Theatre did not have funding from the Alms Trust, Home Theatre would not be able to happen. This funding allows us the ability to launch a new approach to theatre and to be a leader in the national conversation on how to bridge communities.”

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 2020 to charitable organizations.

Fund and description

2020 Grants

Charles Moerlein Foundation, Fifth Third Bank, Trustee

Supports religious, charitable, scientific, literary or educational purposes.

$70,000

Charlotte R. Schmidlapp Fund, Fifth Third Bank, Trustee

Supports initiatives that empower and assist women and girls
in achieving self-sufficiency.

$1.25 million

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.

$140,000

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.

$130,000

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.

$150,000

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.

$4.302 million

Ohio Valley Foundation, Fifth Third Bank, Agent

Funds small equipment and capital improvement projects in the Ohio Valley.

$290,000

Stillson Foundation, Fifth Third Bank, Trustee

Helps children and provides assistance to those charities the Stillsons supported during their lifetime.

$295,000

Total

$6,627,500


The Foundation Office at Fifth Third Bank, National Association, also 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: www.53.com/foundationoffice.

CONTACTS
Danielle Jones (Media Relations)
Danielle.Jones@53.com | 513-534-0162

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Fifth Third Bancorp

Fifth Third Bancorp

Fifth Third Bancorp is a diversified financial services company headquartered in Cincinnati, Ohio and the indirect parent company of Fifth Third Bank, National Association, a federally chartered institution. As of Dec. 31, 2021, Fifth Third had $211 billion in assets and operated 1,117 full-service banking centers and 2,322 ATMs with Fifth Third branding in Ohio, Kentucky, Indiana, Michigan, Illinois, Florida, Tennessee, West Virginia, Georgia and North Carolina. In total, Fifth Third provides its customers with access to approximately 54,000 fee-free ATMs across the United States. Fifth Third operates four main businesses: Commercial Banking, Branch Banking, Consumer Lending and Wealth & Asset Management. Investor information and press releases can be viewed at www.53.com. Fifth Third’s common stock is traded on the Nasdaq® Global Select Market under the symbol “FITB.” Fifth Third Bank was established in 1858. Deposit and Credit products are offered by Fifth Third Bank, National Association. Member FDIC.

Fifth Third’s Purpose is to improve lives and the well-being of its communities by being the One Bank people most value and trust. The Company believes in doing well by doing good and delivering long-term sustainable value to all its stakeholders. Fifth Third is focused on five environmental, social and governance priorities: keeping the customer at the center, demonstrating its commitment to employees, strengthening its communities, promoting inclusion and diversity, and addressing climate change.

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