U.S. Bancorp Piper Jaffray Foundation Grants $472,965 to Nonprofit Organizations

Business Wire, Sept 14, 2000

Business Editors

MINNEAPOLIS--(BUSINESS WIRE)--Sept. 14, 2000

During their meeting on Wednesday, September 6, directors of the U.S. Bancorp Piper Jaffray Foundation approved 63 grants totaling $472,965 for nonprofit organizations. The foundation supports efforts to effect long-term improvement in the lives of socio-economically disadvantaged families in the communities where U.S. Bancorp Piper Jaffray does business.

"We're happy to share our company resources with our communities," said Teresa Bonner, vice president of the U.S. Bancorp Piper Jaffray Foundation. "The organizations receiving grants are making a real difference in the lives of thousands of families in Minnesota and throughout our communities."

Of the grants approved, 40 were general operating grants, 19 were capital grants and four were project grants. A complete grant list is attached.

The U.S. Bancorp Piper Jaffray Foundation operates charitable giving programs on behalf of U.S. Bancorp Piper Jaffray and U.S. Bancorp Piper Jaffray Ventures. Nonprofit organizations interested in applying for U.S. Bancorp Piper Jaffray Foundation support can find grant making guidelines on the company's Web site at www.piperjaffray.com.

U.S. Bancorp Piper Jaffray, a subsidiary of Minneapolis-based U.S. Bancorp, provides a full range of investment products and services to individuals, institutions and businesses. Founded in 1895, the company has grown to become the 11th largest brokerage in the nation with more than 100 retail offices in 18 Midwest, Mountain, Southwest and Pacific states. U.S. Bancorp Piper Jaffray is the leading municipal bond underwriter in the nation, according to Thompson Financial. The firm also has a national reputation for its expertise in debt and equity financing for growth companies. The U.S. Bancorp Piper Jaffray Foundation and U.S. Bancorp Piper Jaffray dedicate a meaningful percentage of pretax income to civic and charitable community purposes. U.S. Bancorp offers a comprehensive range of financial solutions through U.S. Bank, First American Asset Management, the Libra Division of U.S. Bancorp Investments and U.S. Bancorp Piper Jaffray. For more information, visit our Web site at www.piperjaffray.com.

Nondeposit investment products are not insured by the FDIC, are not deposits or other obligations of or guaranteed by U.S. Bank National Association or its affiliates, and involve investment risks, including possible loss of the principal amount invested. Securities products and services are offered through U.S. Bancorp Piper Jaffray Inc., member SIPC and NYSE, Inc., a subsidiary of U.S. Bancorp.

                 U.S. Bancorp Piper Jaffray Foundation
          63 Grants Approved Sept. 6, 2000, Totaling $472,965

General Operating Support Grants
AccountAbility Minnesota             Minneapolis             $1,000.00
American Composers Forum             St. Paul, Minn.         $1,000.00
Big Brothers Big Sisters Of Greater
  Minneapolis                        Minneapolis            $10,000.00
Children's Defense Fund/Minnesota    St. Paul, Minn.         $3,000.00
Chrysalis, A Center for Women        Minneapolis             $2,000.00
Cornerstone                          Bloomington, Minn.      $2,000.00
Family & Children's Service          Minneapolis             $5,000.00
Friends of Saint Stephen's Church    Minneapolis             $2,500.00
Greater Minneapolis Council of
  Churches                           Minneapolis            $12,000.00
Greater Minneapolis Crisis Nursery   Golden Valley, Minn.    $3,000.00
Guthrie Theatre                      Minneapolis             $7,000.00
Kinship of Greater Minneapolis       Minneapolis             $1,000.00
Lifetrack Resources                  St. Paul, Minn.         $2,500.00
Lifeworks Services, Inc.             Mendota Heights, Minn.  $1,000.00
MAP for Non Profits                  St. Paul, Minn.         $1,000.00
Meld                                 Minneapolis             $3,000.00
Minneapolis Urban League             Minneapolis             $4,000.00
Minneapolis Youth Diversion Program  Minneapolis             $2,000.00
Minnesota Academic Excellence
  Foundation                         Roseville, Minn.        $1,000.00
Minnesota Children's Museum          St. Paul, Minn.         $3,500.00
Minnesota Institute for Talented
  Youth                              St. Paul, Minn.           $500.00
Minnesota Zoo                        Apple Valley, Minn.     $1,000.00
Minnetonka Center for the Arts       Wayzata, Minn.          $3,000.00
Pillsbury Neighborhood Services      Minneapolis             $5,000.00
Plymouth Music Series                Minneapolis             $2,500.00
Project for Pride in Living, Inc.    Minneapolis             $6,000.00
Resource, Inc.                       Minneapolis             $3,000.00
St. Paul Youth Services              St. Paul, Minn.         $3,000.00
Resources for Child Caring           St. Paul, Minn.         $3,000.00
Stepping Stone Theatre               St. Paul, Minn.         $4,000.00
Storefront/Youth Action              Richfield, Minn.        $3,000.00
Summit Academy OIC                   Minneapolis             $5,000.00
United Way of Minneapolis Area       Minneapolis            $90,000.00
United Way of the St. Paul Area      St. Paul, Minn.        $30,000.00
Urban Ventures Leadership Foundation Minneapolis             $3,000.00
Washburn Child Guidance Center       Minneapolis             $5,000.00
WomenVenture                         Golden Valley, Minn.    $5,000.00
YMCA of Metropolitan Minneapolis     Minneapolis             $3,000.00
Youthcare                            Minneapolis             $4,000.00
YWCA of Minneapolis                  Minneapolis             $5,000.00
Total General Operating Grants
                                                           $251,500.00

Capital Grants
Child Care Resource & Referral, Inc. Rochester, Minn.        $5,000.00
Chrysalis, A Center for Woman        Minneapolis            $10,000.00
Crowden School and Community Music
  Center                             Berkeley, Calif.       $15,000.00
Fergus Falls Area Family YMCA        Fergus Falls, Minn.     $5,000.00
Hartley Nature Center                Duluth, Minn.           $5,000.00
Illusion Theater                     Minneapolis            $10,000.00
Jewish Family and Children's Service
  of Minneapolis                     Minnetonka, Minn.       $5,000.00
Kenosha Public Museum                Kenosha, Wis.           $5,000.00
Lakes Area Habitat for Humanity      Brainerd, Minn.         $5,000.00
Minnesota Program Development, Inc.  Duluth, Minn.           $5,000.00
Minnetonka Center for the Arts       Minnetonka, Minn.      $10,000.00
Pacer Center                         Minneapolis            $20,000.00
People Serving People, Inc.          Minneapolis            $40,000.00
Pillsbury Neighborhood Services      Minneapolis            $10,000.00
Playwright's Center                  Minneapolis             $5,000.00
Rochester Art Center                 Minneapolis            $20,000.00
The Idaho Food Bank                  Boise, Idaho           $12,500.00
YMCA of Greater Kansas City          Kansas City, Mo.       $10,000.00
Zoomontana                           Billings, Mont.         $5,000.00
Total Capital Grants
                                                           $202,500.00

Project Grants
Bayaud Industries, Inc.              Denver                  $5,000.00
Crisis Nursery, Inc.                 Phoenix                 $5,000.00
East Metro Women's Council           White Bear Lake, Minn.  $3,965.00
Episcopal Community Services         Minneapolis             $5,000.00
                                                           -----------
Total Project Grants                                        $18,965.00
                                                           ===========

Grand Total                                                $472,965.00