Rbc Foundation Usa

Private foundation · EIN 41-6030639 · since 1963rbcwealthmanagement.com/en-us/about/community-events/grants·Minnesota·Updated 13 October 2026

At a glance

$10.2M

Annual giving, 2022 tax year

From the Form 990-PF filing

$30,000 to $7.7M

Grant range

From grants in the 990-PF filings

$228k

Typical grant (median)

8 grants in the latest filing

Open to applications

Fixed application deadlines · unsolicited applications welcome

Key takeaways

Check the eligibility conditions first: the filing says applicants need registered public charity status for at least three years, an annual operating budget of at least $100,000, and a location in a community where RBC Wealth Management has a business presence and active community involvement.
Your work should clearly fit one of its three themes of future skills, inclusive prosperity or the net-zero transition, and the filing excludes startup organisations and multi-year commitments, so a newly founded charity or a request for multi-year support should not apply.
Its typical grants have run from $30,000 to $7,700,000, and half of its eight grants to organisations were about $215,000 or less, so a request near the middle of that range is the most realistic.
Applications are made through an account on the Blackbaud grant portal, and the filing lists January 30 and June 30 as submission deadlines, so prepare your application well before those dates.

Overview

RBC Foundation USA is a US private foundation based in Minneapolis, MN.

What they fund

Profile derived from the foundation's IRS Form 990-PF filings (TY2022) and its website, with every statement checked against those sources. Sources read on 7 October 2026.

Priority Areas

RBC Foundation USA aims to improve quality of life in communities where it does business, supporting non-profit organisations whose programmes make a positive difference and align with its funding ambitions. Its approach combines community needs with three ambitions: equipping people with skills for a thriving future, driving more inclusive opportunities for prosperity, and supporting a transition to a net-zero economy. Within those areas it backs skills-building, work experience and credentials; stability through food security, housing and health-service access; and community partners advancing climate mitigation, nature-based solutions and energy efficiency. Applicants must have registered public charity status for at least three years, a minimum annual operating budget of $100,000, and be in a community where RBC Wealth Management has a business presence and active community involvement.

Themes

Future skills
Inclusive prosperity
Net-zero transition

Geographic Focus

No geographic focus is stated; the filings show grants mainly in Minnesota.

What They Don't Fund

General language learning not specific to job requirements
Other organizations’ scholarships
Sole funding for travel for end-user beneficiaries
Programs with unclear pathways to the future of work
Job placements not related to intended career of participant
General volunteer opportunities
Programs that are recreational and do not include skill development for job readiness
Programs that do not have clear pathways to sustained employment
Salaries of internships at other for-profit companies
Long-term relief programs
Generic education or awareness programs
Large-scale housing development projects
Land or easement purchase costs
Hospital equipment
General disease-based research
Public and/or partisan advocacy campaigns
Direct payments to individuals or businesses
Generalized projects
Updates to single-family dwellings
Paving of parking lots
General equipment purchases
For-profit clean technology or climate change mitigation solutions
Direct payments or subsidies to individuals or businesses
Direct contributions into stewardship endowments
Land or easement purchase
Generic education programs with no experiential connection
Generalized projects
Updates to single-family dwellings
Endowment campaigns
Multi-year commitments
Startup organizations
Individuals
Sports teams (unless they are a qualified donee)
Political organizations or parties
Private or corporate foundations
Community foundations, unless for programmatic support
Private (fee-based) elementary or secondary schools
Trade associations, advocacy organizations, chambers of commerce and professional organizations
Religious or sectarian programs or purposes
Endowment or memorial campaigns
Golf tournaments
Travel-related costs or events
Theoretical research
Organizations with values, purposes, policies or practices in conflict with RBC values
Organizations without 501(c)3 registered public charity status for a minimum of three years
Organizations without a minimum annual operating budget of $100,000
Organizations not located in a community where RBC Wealth Management has a business presence and has active community involvement

How to apply

Applicants create an account on the Blackbaud grant portal to access a grant application.

Deadlines: The filing lists January 30 and June 30 as submission deadlines.

Application success factors

Grant size: In its TY2022 filing, half of its 8 grants to organisations were about $215,000 or less.

What the foundation says:

Applicants should align their programmes with the foundation’s ambitions for skills, inclusive prosperity and the net-zero transition.
Applicants must have registered public charity status for at least three years.
Applicants must have an annual operating budget of at least $100,000.
Applicants must be located in a community where RBC Wealth Management has a business presence and active community involvement.

Where grants go

From grants to organisations in the foundation’s filings for tax year 2022.

Grant dollars by state

Minnesota100%

The largest single recipient received 75% of grant dollars to organisations.
No grants were paid directly to organisations outside the US.

Grants

8 grants in the latest filing analysed · median $228k

How much do they typically give?

Share of 8 grants in tax year 2022 by size

$25k–$50k13%

$50k–$100k0%

$100k–$250k50%

$250k–$500k0%

$500k–$1M25%

$1M and over13%

Median $228k (tax year 2022)

The largest grants to organisations in the foundation’s latest filing:

Other Distributions · General
$7,669,0302022 tax year
Divisional Program · General
$975,0002022 tax year
Twin Cities Grant Program · General
$700,0002022 tax year
CorporateCapital Grants · General
$242,0002022 tax year
Discretionary Funds · General
$214,0002022 tax year
Employee Gift Matching · General
$201,4482022 tax year
EnvironmentJoint Fund · General
$171,1672022 tax year
United Way Branch Matching · General
$30,0302022 tax year

Grants to organisations listed in the foundation’s Form 990-PF filings. Grants to individuals are not shown.

Officers and directors

Shareen Luze — Advisory Board
Tom Sagissor — Advisory Board
Madeline Johnson — Advisory Board
James Carlisle — Advisory Board
Christi Lutgen — Advisory Board
Laurie Mount — Advisory Board
Anya Norris — Advisory Board
Cara McAdaragh — Advisory Board
Erin Murphy — Advisory Board
Janet Becker — Advisory Board
Pat Vaughan — Advisory Board
Darryl Traweek — Advisory Board
Wally Chapman — Advisory Board
Julie Allen — Senior Manager
Martha Baumbach — President

From the latest Form 990-PF filing

1 year of tax filings

Year	Total expenses	Grants paid	Assets	Filing document
2022 tax year	$10,202,675	$10,202,675	$781,671	Filing for 2022 tax year

Figures from the foundation’s IRS Form 990-PF filings. Assets are at fair market value at year end. The document icon links to each year’s filing on ProPublica Nonprofit Explorer.