-

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

CINCINNATI--(BUSINESS WIRE)--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.

Category: Other

Contacts

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

Fifth Third Bank

NYSE:FITB
Details
Headquarters: Cincinnati, OH
CEO: Tim Spence
Employees: 20,000+
Organization: PUB
Revenues: $9.05 billion (2025)
Net Income: $2.59 billion (2025)

Release Versions

Contacts

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

More News From Fifth Third Bank

American Banker Honors 20 Fifth Third Leaders Across its Most Powerful Women 2026 Lists

CINCINNATI--(BUSINESS WIRE)--Fifth Third Bank (NYSE: FITB) is pleased to announce that 20 of its female leaders have been named 2026 Most Powerful Women in Banking honorees by American Banker. The annual lists highlight standout accomplishments of female executives in banking and finance, and the Bank’s 2026 honorees are: Most Powerful Women in Banking Bridgit Chayt, EVP, Head of Commercial Payments and Treasury Management Most Powerful Team in Banking Enterprise leaders Megan Burkhart, EVP, He...

Fifth Third Bank Launches Innovation Banking, a Growth Platform Built for Companies at Every Stage

CINCINNATI--(BUSINESS WIRE)--Fifth Third Bank (NYSE: FITB) today announced the launch of Fifth Third Innovation Banking, a new offering that pairs Comerica's 34-year Tech and Life Sciences franchise with the power of Fifth Third's Newline embedded banking platform to serve founders, investors and growth companies across the innovation economy. Innovation Banking is designed to fill a gap in the market: start-up and growth stage companies today choose between specialized providers built for a si...

Fifth Third and Trust & Will Recognized as Best Fintech Partnership by Finovate

CINCINNATI--(BUSINESS WIRE)--Fifth Third (NYSE: FITB) and Trust & Will have been named Best Fintech Partnership by Finovate, recognizing the groundbreaking collaboration to make estate planning more accessible, affordable and convenient for bank customers. The recognition makes Fifth Third the only large U.S. bank to earn a 2026 Finovate Award. The 2026 Finovate Awards are judged by a panel of industry experts across more than 30 categories spanning payments, lending, wealth management and...
Back to Newsroom