ST. LOUIS, Mo. – April 30, 2020 – The Regions Foundation, a nonprofit initiative of Regions Bank that supports community investments, on Thursday announced a $70,000 grant for the St. Louis Community Foundation, a nonprofit organization helping small businesses impacted by the novel coronavirus.
The St. Louis Community Foundation (SLCF) works year-round to connect donor resources with community needs. Given the strong demand for COVID-19 relief in recent weeks, the SLCF is advocating among the donor community on behalf of businesses, encouraging prospective donors to consider a range of options for providing funds that will offer short-term relief for businesses and their employees.
“We thank the Regions Foundation for their generous gift, which will help our ongoing efforts to deliver the resources regional nonprofits need as they provide services to those who are struggling,” said Amelia Bond, president and CEO of the St. Louis Community Foundation. “The impact of these unprecedented events on people’s lives continues to be profound, but the willingness of businesses, organizations, and people to come together to lend a hand is one that elicits hope for our future.”
We thank the Regions Foundation for their generous gift, which will help our ongoing efforts to deliver the resources regional nonprofits need as they provide services to those who are struggling.
Amelia Bond, president and CEO of the St. Louis Community Foundation
Mike Hart, Greater St. Louis Market Executive for Regions Bank, added, “The work that the St. Louis Community Foundation has done in bringing more than 30 nonprofits together to help vulnerable populations during these difficult times is making a significant impact. Through this grant from the Regions Foundation, we can help enhance the impact each of those organizations is making. It reflects the power of partnership as we collectively support our community.”
The SLCF grant is one of 11 grants announced by the Regions Foundation for organizations across the South and Midwest on Thursday. Further, on April 24, the Regions Foundation announced a series of grants for Community Development Financial Institutions helping small businesses. The Foundation continues to identify organizations for financial support.
The Regions Foundation also announced recently that it will match donations by Regions Bank associates to United Way organizations and Community Foundations responding to COVID-19 needs.
Also, Regions Bank has issued financial support to a variety of additional nonprofits, and the bank recently donated a series of advertisements to food banks as well. Through that donation, advertisements originally purchased by Regions to promote bank services were instead given to food banks to encourage viewers and readers to financially support food bank outreach during the crisis.
Separately, Regions Bank continues to offer a series of options for customers suffering financial impacts from COVID-19. Additional information on Regions Bank resources can be found at www.regions.com/coronavirus.
About Regions Foundation
Regions Foundation supports community investments that positively impact the communities served by Regions Bank. The Foundation engages in a grantmaking program focused on priorities including economic and community development; education and workforce readiness; and financial wellness. The Foundation is a nonprofit 501(c)(3) corporation funded primarily through contributions from Regions Bank.
About Regions Financial Corporation
Regions Financial Corporation (NYSE:RF), with $133 billion in assets, is a member of the S&P 500 Index and is one of the nation’s largest full-service providers of consumer and commercial banking, wealth management, and mortgage products and services. Regions serves customers across the South, Midwest and Texas, and through its subsidiary, Regions Bank, operates approximately 1,400 banking offices and 2,000 ATMs. Regions Bank is an Equal Housing Lender and Member FDIC. Additional information about Regions and its full line of products and services can be found at www.regions.com.