MinBanc Foundation Impact Summary

Your donations to the Minbanc Foundation qualify for CRA credit. >>Learn more about our impact and how you can support minority-and women-owned banks.

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Grants for Professional
Development, including Ongoing Employee Education

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Educational Grants for Professional Development


The banking industry is fast-changing. Getting key employees trained in the latest developments can be expensive--and that's where MinBanc Foundation, Inc. can help. Thanks to the support we receive from generous donators, we help banks to take advantage of up to $5,000 per calendar year in professional education grants for employees. Whether you're a manager looking to grow your team or an aspiring manager, our grants can help strengthen your organization, and by extension, your community.

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Facts about Our Grants

MinBanc Foundation, Inc. has distributed professional development grants in excess of $600,000 to further employee education and training opportunities at minority- and women-owned banks since our founding. If you're interested in applying for a grant, here are a few key facts to consider:

  • A maximum of $5,000 in employee education grants can be awarded per bank, per calendar year.
  • Grants are offered as tuition reimbursement. Travel and any expenses (hotel, meals, etc.) related to attending the course(s) are not eligible for reimbursement.
  • Grants are awarded to employees at the management or officer level.
  • Grant requests are viewed and approved on a quarterly basis.
  • Grant requests are accepted on a rolling basis but must be submitted for coursework completed within the last (90) days.

In accordance with MinBanc Foundation, Inc. bylaws, grants are awarded only for banking-related courses. Courses must be relevant to the management of a financial institution or address current banking-industry issues, etc. General management courses or courses related to an individual's continuation of a college or university degree program do not qualify for grants.