Regions Foundation
Regions Foundation is the 501(c)(3) philanthropic arm of Regions Bank (based in Birmingham, AL) that awards grants across the Regions Bank footprint focused on economic and community development, education and workforce readiness, and financial wellness. The foundation is funded primarily by Regions Bank and has awarded tens of millions of dollars since its 2018 inception. Grantmaking is managed via an online portal and applicants apply by invitation.
Source: Website · Mar 2026
Ideal Applicant
A nonprofit operating inside Regions Bank’s multi-state footprint (especially Alabama) focused on economic or community development, education/workforce readiness, financial wellness, or disaster assistance and able to partner with corporate/community intermediaries.
Good Fit
- • Program alignment with economic/community development, education, workforce readiness, financial wellness, or disaster response.
- • Location or programs that serve Regions Bank markets (regional presence or impact in Alabama).
- • Capacity to accept general operating support at typical grant sizes ($10k–$400k range).
- • Existing or potential partnerships/referrals with Regions Bank, its employees, or local bank-led initiatives.
Geography
Observed grants in the latest year covered 16 states; although Alabama received the largest share (about 46% of dollars), more than half of funding flowed out of state, indicating a multi-state regional footprint.
Recipient Variety
The latest year shows 45 distinct recipients with 37 new grantees, funding a mix of community development, education, and disaster assistance organizations, which reflects a broad and diverse recipient set for the foundation's size.
New Applicants
The foundation operates an invitation-only application portal so there is no public open-call, but the high count of new grantees (37 new recipients in the latest year) shows new organizations are regularly added by invitation; direct evidence that an unfamiliar applicant can secure an invitation is limited.
Source: Zeffy Agent · Mar 2026
