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    Cadence Cares Makes $18,000 Gift to DreamSpring

    January 22, 2025

    Cadence Cares Makes $18,000 Gift to DreamSpring
    6:06

    A record-setting vote count helps the Cadence Bank Foundation distribute $150,000 in charitable gifts.  

    Albuquerque, NM — Cadence Bank customers, teammates, and friends believe sharing means caring. That’s why they rallied together to cast more than 13,200 votes in the annual Cadence Cares Holiday Program this past November and December, where the portion of the $150,000 gift each nonprofit receives is determined by popular vote. All of the participating nonprofits have ongoing volunteer relationships with Cadence and aim to improve circumstances for low- and moderate-income families and individuals and revitalize neighborhoods.

    CADENCE cares LOGO_2023

    DreamSpring, a nonprofit Community Development Financial Institution (CDFI) and Small Business Administration (SBA) lender, is grateful to Cadence for its generosity and partnership, as well as to all those who voted to support DreamSpring’s mission of vitalizing communities through entrepreneurship.  

    “Cadence Bank continues to be an outstanding partner in supporting small businesses and economic revitalization through their generous contributions. This $18,000 gift is a testament to the power of our partnership and the lasting impact it has on the communities we serve,” says Amber Kani, DreamSpring Head of Stakeholder Engagement. “We are deeply grateful to Cadence Bank, its employees, and all of those who voted to support DreamSpring’s mission of fostering entrepreneurship and creating economic opportunity.” 

     

    Benefiting from Cadence Cares this year are: 

    Salvation Army (Southern Region)

    $32,000: Assists millions annually in navigating food insecurity, job loss, eviction, and natural disasters, and works to break the cycle of poverty.  

    Boys & Girls Club of America  

    $30,000: Provides safe spaces, caring mentors, and life-shaping programs for millions of youth across the nation.  

    Dispensary of Hope 

    $19,000: Offers free medication to low-income, uninsured Americans facing the challenging choice between food and life-saving medication.  

    DreamSpring 

    $18,000: Creates economic opportunity by providing small business owners with access to capital, encouragement, and resources, resulting in job creation and community revitalization.  

    Rebuilding Together 

    $15,000: Repairs homes for low-income families, seniors, veterans, people with disabilities, and other neighbors in need.  

    USA Cares 

    $14,000: Provides emergency financial assistance and post-service skills training to military veterans, active service members, and their families.  

    Family Promise 

    $12,000: Leads efforts to end homelessness for families with children by offering prevention programs, emergency shelter, housing assistance, and stabilization support.  

    Communities Unlimited Inc. 

    $6,000: Works in underserved, rural communities to teach small business owners essential management skills like bookkeeping and cash flow management.  

    9/11 Day 

    $4,000: In partnership with AmeriCorps and Feeding America-affiliated food banks, this nonprofit will organize large-scale hunger relief projects on 9/11 Day 2025.  

     

    The popularity of Cadence Cares is highlighted by this year’s vote count, which doubled from those received in 2023. Dan Rollins, chairman and CEO at Cadence Bank, thanks everyone who took the time to learn about these worthy organizations and cast their votes.  

    "Sharing and caring are important social skills that build healthy and strong communities,” says Dan Rollins, chairman and CEO at Cadence Bank. “The Cadence Cares Holiday Program allows our customers, teammates, and friends to show they care by actively supporting the work of these nonprofits who do meaningful work in our communities."  

    Learn more about Cadence Bank and its community programs at CadenceBank.com. Learn more about DreamSpring and its work to vitalize communities through entrepreneurship at DreamSpring.org. 

     


     

    About Cadence Bank
    Cadence Bank (NYSE: CADE) is a leading regional banking franchise with approximately $50 billion in assets and over 350 branch locations across the South and Texas. Cadence provides consumers, businesses, and corporations with a full range of innovative banking and financial solutions. Services and products include consumer banking, consumer loans, mortgages, home equity lines and loans, credit cards, commercial and business banking, treasury management, specialized lending, asset-based lending, commercial real estate, equipment financing, correspondent banking, SBA lending, foreign exchange, wealth management, investment and trust services, financial planning, and retirement plan management. Cadence is committed to a culture of respect, diversity, inclusion, and belonging in both its workplace and communities. Cadence Bank, Member FDIC. Equal Housing Lender.

     

    About DreamSpring

    DreamSpring is a nonprofit Community Development Financial Institution (CDFI) and U.S. Small Business Administration (SBA) lender dedicated to eliminating systemic wealth inequities and accelerating the economic inclusion and strength of underserved communities. Founded in 1994, the organization provides rapid access to capital and customized wrap-around support to the most vulnerable small business owners in 27 states, focusing on underrepresented communities including people of color, women, low- to moderate-income earners, people with disabilities, and start-ups. To date, DreamSpring has issued more than 47,925 loans totaling over $562 million to small businesses that support an estimated 67,632 jobs. Learn more at DreamSpring.org.