OLD NATIONAL FOUNDATION GIVES ICA FOOD SHELF $10,000
The nonprofit is being recognized for its affordable housing efforts.
MINNETONKA, MINN. – Aug. 8, 2019 – This week, the Old National Bank Foundation, philanthropic arm of Old National Bank, was proud to present a check for $10,000 to ICA Food Shelf, a nonprofit organization dedicated to providing assistance to neighbors in need by providing food options, clothing donations and financial assistance.
Three times a year, the foundation presents grants to organizations throughout its footprint that fit the following strategic initiatives: affordable housing, early education, economic development, financial literacy and workforce development.
“We are so grateful for this generous contribution from Old National Bank Foundation,” said ICA Food Shelf Executive Director Peg Keenan. “These funds will be used to help ICA clients who need housing and utility support in order to stay in their homes. Some of our clients find unexpected costs like a car repair, medical expenses, or even having a job change can mean they need a little help one month and then their lives stabilize once again. Old National is making sure people in our community can stay in their homes and avoid the disruptive, life-altering effects of having to enter a shelter.”
ICA Food Shelf is being awarded this grant for its affordable housing efforts. The grant money will be used to support its Housing Stability Program. Through this program, ICA case managers work directly with clients to offer financial assistance to prevent homelessness.
“As a financial institution, we know first-hand how important financial education is,” said Old National Bank Foundation Board Member Kelly Elkin. “We’re thrilled to support ICA Food Shelf’s efforts to break the cycle of homelessness through financial empowerment for its clients.”
About Old National Bank
Old National Bancorp (NASDAQ: ONB), the holding company of Old National Bank, is the largest financial services holding company headquartered in Indiana. With $20.1 billion in assets, it ranks among the top 100 banking companies in the U.S. Since its founding in Evansville in 1834, Old National Bank has focused on community banking by building long-term, highly valued partnerships with clients. Today, Old National’s footprint includes Indiana, Kentucky, Minnesota, Michigan, and Wisconsin. In addition to providing extensive services in retail and commercial banking, Old National offers comprehensive wealth management, investments, and capital market services. For more information and financial data, please visit Investor Relations at oldnational.com.
About the Old National Bank Foundation
As part of Old National's commitment to charitable giving, the Old National Bank Foundation makes contributions to nonprofit organizations to fund large scope and large impact programs and/or projects that improve the quality of life in areas of Indiana, Illinois, Kentucky, Michigan, Minnesota and Wisconsin. The Foundation’s primary focus areas are affordable housing, early education, economic development, financial literacy and workforce development. Learn more at oldnational.com/giving.
About ICA Food Shelf
ICA Food Shelf serves the communities of Hopkins, Minnetonka, Excelsior, Shorewood, Deephaven, Greenwood, and Woodland, Minnesota. ICA is a social services agency offering food, financial assistance, and employment assistance to families in the western suburbs of Minneapolis.
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Media Contacts
Casey Merkwan
Old National Bank
(763) 347-8464
casey.merkwan@oldnational.com
Janet Baas
Old National Bank Foundation
(812) 464-1515
janet.baas@oldnational.com