Q2 Holdings, Inc. Announces 2024 Philanthropy Fund Recipients
AUSTIN, Texas -- Q2 Holdings, Inc. (NYSE: QTWO), a prominent provider of digital transformation solutions tailored for financial services, is excited to reveal the recipients of its third annual Philanthropy Fund grant cycle in collaboration with the Austin Community Foundation (ACF). This year, a total of $150,000 has been distributed to various nonprofits diligently working to fulfill their missions around the world.
The Impact of the Q2 Philanthropy Fund
The Q2 Philanthropy Fund is part of a broader corporate social responsibility initiative called Q2 Spark, which seeks to inspire philanthropy within the company. An internal committee made up of Q2 employees took on the important role of reviewing nominations to select the organizations that would receive funding this year. The Philanthropy Fund aims to provide nonprofits with easier access to apply for essential grants that enhance their capabilities.
Commitment to Community
In a statement, Kim Rutledge, Q2’s Chief People Officer, expressed, "We are proud to support remarkable nonprofits that are making a significant impact in our communities. The Philanthropy Fund empowers these organizations to expand their reach and improve their influence. By backing them, we reaffirm our dedication to building strong and inclusive communities while supporting our financial institutions."
2024 Grant Recipients
This year’s grant recipients represent a wide range of nonprofit organizations focused on addressing various social needs:
- American Friends of HelpAge India
- B.I.G. Love Cancer Care Services
- Food Bank of Lincoln
- Girl Scouts Spirit of Nebraska
- Good Work Austin
- Habitat for Humanity of Wake County
- Level Learning
- Mobile Loaves & Fishes
- Mourning Hope
- nonPareil Institute
- PRISM
- The Raglan Schools
- The Society for Development of Economically Weaker Sections (SODEWS)
- Transformations by Charlotte Angels
Quotes from Leadership
Mike Nellis, CEO of the Austin Community Foundation, shared his appreciation for Q2, saying, "We're grateful for partners like Q2 who understand the value and impact of corporate philanthropy. Congratulations to the 2024 grant recipients who are working hard to build resilient communities. We look forward to seeing their progress with this support."
Q2 Spark: Driving Corporate Philanthropy
Q2 Spark isn’t just a program; it represents a movement aimed at fostering a culture of generosity and social responsibility. Over the past year, Q2 employees have dedicated more than 10,000 volunteer hours to 220 nonprofit organizations. Besides volunteering, Q2 has contributed over $1 million to various causes aimed at supporting underserved communities. To mark its 20th anniversary, Q2 has set ambitious goals for 2024, aiming for employees to volunteer a combined total of 20,000 hours.
About Q2 Holdings, Inc.
Q2 is a progressive company that offers innovative digital transformation solutions specifically for the financial services industry, serving clients like banks, credit unions, alternative finance firms, and fintech companies across the U.S. and beyond. Based in Austin, Texas, and listed on the NYSE under the QTWO ticker, Q2 focuses on data-driven solutions that enhance customer engagement for individuals, small businesses, and corporations.
Frequently Asked Questions
What is the Q2 Philanthropy Fund?
The Q2 Philanthropy Fund is a grant initiative designed to assist nonprofit organizations by providing them with financial resources that help enhance their missions.
How much funding was distributed in 2024?
This year, the Philanthropy Fund awarded a total of $150,000 to various nonprofits to support their goals and missions.
Who selects the grant recipients for the Philanthropy Fund?
A committee of Q2 employees evaluates nominations and determines the grant recipients for the Q2 Philanthropy Fund.
How can organizations apply for grants from Q2?
Nonprofit organizations can easily submit applications for grants through the Q2 Philanthropy Fund, which aims to streamline the process for application and funding.
What initiatives does Q2 Spark support?
Q2 Spark promotes volunteerism, community engagement, and corporate philanthropy, encouraging Q2 employees to actively contribute to their communities.
